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Icahn Sells Federal-Mogul; Tenneco To Create Two Public Companies
Tuesday, April 10, 2018 - 9:58am | 399Read More...Activist investor Carl Icahn's name is front and center in a $5.4-billion merger between two automotive component companies. What Happened Carl Icahn and his Icahn Enterprises LP (NASDAQ: IEP) agreed to sell its indirect wholly owned subsidiary Federal-Mogul to Tenneco Inc (NYSE: TEN) for $5....
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Xerox, Icahn And Deason Continue To Squabble Over Fujifilm Deal
Tuesday, February 20, 2018 - 3:10pm | 373Read More...For a brief moment, it seemed Xerox Corp (NYSE: XRX) might just get away with its Fujifilm merger unopposed. But shareholders Carl Icahn and Darwin Deason, who had earlier pressured Xerox management to explore strategic alternatives, emerged Tuesday to challenge the plan. “For 17 years, Xerox...
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Q4 13F Roundup: How Buffett, Einhorn, Loeb, And Others Adjusted Their Portfolio
Thursday, February 15, 2018 - 2:43pm | 1533Read More...The latest round of 13-F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was...
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Icahn, Deason Say Xerox-Fujifilm Merger Makes Shareholders 'Virtually Powerless'
Monday, February 12, 2018 - 11:47am | 617Read More...Xerox Corp (NYSE: XRX)'s plans to merge with Japan's Fujifilm Holdings is being questioned by two of Xerox's biggest shareholders, Carl Icahn and Darwin Deason. What You Need To Know Icahn, Xerox's biggest shareholder, and Deason, the company's third biggest shareholder,...
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Carl Icahn Compares The Market To A 'Casino On Steroids'
Tuesday, February 6, 2018 - 3:16pm | 387Read More...The stock market is full of multiple "fault lines" that will ultimately lead to an "earthquake on Wall Street," according to Carl Icahn, one of Wall Street's biggest names and founder of Icahn Enterprises LP (NASDAQ: IEP). Icahn thinks the market can recover from the current...
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Xerox Hasn't Discussed Fuji Deal With Carl Icahn, Darwin Deason
Thursday, February 1, 2018 - 1:53pm | 465Read More...Xerox Corp (NYSE: XRX) announced Wednesday a $6.1 billion merger with its Fuji Xerox joint venture — a deal never discussed with two of the firm’s largest shareholders, a company spokesperson told Benzinga Thursday. Carl Icahn and Darwin Deason together hold more than 15 percent of...
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Xerox Pops As Icahn And Deason Wage War, Demand Management Change, Strategic Alternatives
Monday, January 22, 2018 - 11:49am | 402Read More...Xerox Corp (NYSE: XRX) opened up 4 percent Monday after activist investors Carl Icahn and Darwin Deason announced their collaborative proxy battle with Xerox management. “CEO Jeff Jacobson, a member of the Xerox ‘old guard,’ is incapable of creating long-term value for Xerox...
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2 Stocks Moving In Wednesday's After-Hours Session
Wednesday, November 22, 2017 - 5:48pm | 101Read More...Gainers: SandRidge Energy, Inc. (NYSE: SD) shares indicated up about 8 percent following a report from Dow Jones that Carl Icahn purchased a 13-percent stake in the company. Icahn reportedly opposes the company's deal to purchase Bonanza Creek Energy, Inc. (NYSE: BCEI). Bonanza Creek Energy,...
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Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio
Wednesday, November 15, 2017 - 1:14pm | 1401Read More...The latest round of 13-F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was...
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'Betting On Zero,' Bill Ackman's Anti-Herbalife Film, Rated 100% On Rotten Tomatoes
Friday, April 14, 2017 - 5:15pm | 817Read More...U.S. regulators regard Herbalife Ltd. (NYSE: HLF) as a “multi-level marketing scheme,” but Bill Ackman is beyond euphemisms. To Ackman’s Pershing Square Holdings Ltd, the global nutrition company is a “pyramid scheme.” And he’s so incensed by Herbalife’s...
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25 Interesting Facts About Forbes' 25 Highest-Earning Hedge Fund Managers
Tuesday, March 28, 2017 - 4:17pm | 1379Read More...Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...
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Apple Just Won A Patent Dispute In China
Monday, March 27, 2017 - 8:13am | 293Read More...Over the weekend, a court in China issued a favorable ruling in Apple Inc. (NASDAQ: AAPL)'s favor in a patent dispute; Apple can now sell iPhone 6 and 6 Plus devices in the country. During the summer months of 2016, Apple's subsidiary in China along with Chinese retailer Zoomflight were ordered to...
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What Happens To A Stock When An Activist Liquidates A Position?
Thursday, March 23, 2017 - 12:07pm | 435Read More...Valeant Pharmaceuticals Intl Inc (NYSE: VRX) investors were disappointed to see that popular vocal activist investor Bill Ackman finally abandoned his stake in Valeant for what was likely nearly a $4 billion loss on the trade. On the surface, a heavily-invested activist finally throwing in the...
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10 Richest Billionaires In Finance
Monday, March 20, 2017 - 2:50pm | 651Read More...Forbes released its ranking of the world's richest people. Ironic or not, just one billionaire in the top 10 earned their fortune through investments and banking: Warren Buffett. Here is a look at the top 10 richest people in the field of finance. 10 Richest People In Finance 1. Warren Buffett:...
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How Carl Icahn Is Destroying One Recent Herbalife Short Thesis
Monday, March 13, 2017 - 2:01pm | 387Read More...Herbalife Ltd. (NYSE: HLF) shares are up 2.3 percent Monday after Carl Icahn put to rest any speculation that he may be worried about his Herbalife investment ahead of the upcoming release of the “Betting On Zero” documentary. The movie, which opens in the United States on March 17,...















