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Carl Icahn

A collection of news and information related to Carl Icahn published by this site and its partners.

Top Carl Icahn Articles

Displaying items 23-33
  • Financial markets: Six highlights -- and absurdities -- of 2013

    Financial markets: Six highlights -- and absurdities -- of 2013
    Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus. Instead, we're on track for a...
  • Carl Icahn stock proposal on ballot for Apple shareholder meeting

    Carl Icahn stock proposal on ballot for Apple shareholder meeting
    Investor activist Carl Icahn has submitted an advisory proposal asking Apple to increase the size of its stock buyback program in 2014 to $50 billion.  The details of the proposal were included in a proxy statement that Apple filed Friday afternoon with...
  • Herbalife takes another bite out of Bill Ackman

    Herbalife takes another bite out of Bill Ackman
    Followers of Herbalife, the Los Angeles peddler of nutritional supplements, know it's actually two stories rolled into one. One is the story of how a company with a questionable business model, overhyped products, and an almost invisible research and...
  • Herbalife perseveres amid 'pyramid scheme' accusations

    Herbalife perseveres amid 'pyramid scheme' accusations
    A year ago, activist investor Bill Ackman rocked Wall Street with a $1-billion bet that shares of Herbalife Ltd., the Los Angeles seller of weight-loss and nutrition products, would slide to zero. Herbalife was a "pyramid scheme," bound to be undone...
  • Carl Icahn wants Apple shareholder vote on larger stock buyback

    Carl Icahn wants Apple shareholder vote on larger stock buyback
    Shareholder activist Carl Icahn said Wednesday he had informed Apple that he has submitted a proposal to let shareholders vote on a larger stock buyback. In a tweet Wednesday, Icahn wrote: "Gave $AAPL notice we’ll be making a precatory proposal to...
  • MGM posts third-quarter net income of $16.6 million

    MGM posts third-quarter net income of $16.6 million
    MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., on Thursday reported third-quarter net income of $16.6 million, buoyed by the strong performance of "Skyfall" and “The Hobbit:  An Unexpected Journey" on home entertainment platforms.  The...
  • Invest like a billionaire: New index tracks stocks the wealthy own

    Invest like a billionaire: New index tracks stocks the wealthy own
    A new stock index was launched Wednesday to help investors keep track of the investing strategies of some of the smartest minds on Wall Street. The iBillionaire index lists 30 large-cap stocks owned by billionaire investors, including Warren Buffett,...
  • Netflix to distribute first-run Disney films on-demand in Netherlands

    Netflix to distribute first-run Disney films on-demand in Netherlands
    Netflix said it will become the exclusive subscription on-demand service providing Disney live-action and animated films in the Netherlands. Beginning next year, Netflix subscribers will have access to first-run films from Disney, Pixar and Marvel...
  • Herbalife profit up 27% amid soaring sales in China, Latin America

    Herbalife profit up 27% amid soaring sales in China, Latin America
    Nutritional products maker Herbalife Ltd. reported a nearly 27% jump in third-quarter profit amid double-digit sales growth in China and Latin America. The Los Angeles company reported net income of $142 million, or $1.32 a share, for the three months...
  • FTC urged to investigate multilevel marketing firms such as Herbalife

    FTC urged to investigate multilevel marketing firms such as Herbalife
    Dozens of people have called on the Federal Trade Commission to investigate multilevel marketing, a controversial industry that includes companies such as Herbalife Ltd., Amway, Avon and others. In a letter delivered to the FTC's Washington offices...
  • Activist investor Carl Icahn sells Netflix shares

    Activist investor Carl Icahn sells Netflix shares
    Activist investor Carl Icahn said he sold nearly 3 million shares in Netflix, noting he reaped a substantial windfall from his investment in the online video service. Icahn said he decided it was time to cash out, after the rapid appreciation of the...