| Nov 13, 2013
| 11:55 AM
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,...
| Nov 14, 2013
| 12:55 PM
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.
| Dec 4, 2013
| 1:30 PM
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...
| Jul 17, 2013
| 5:50 PM
Billionaire investor Carl Icahn said he’s had a change of heart about hedge fund manager Bill Ackman, with whom he’s engaged in a widely publicized rift about the merits of Los Angeles nutritional products company Herbalife Ltd.
| Aug 14, 2013
| 10:08 AM
Fined just over a year ago for marketing itself as a way for employers to dig up dirt on potential hires, the people-search service Spokeo is refreshing its website Wednesday to emphasize finding long-lost friends, classmates, lovers and family members....
| Aug 14, 2013
| 9:31 AM
SAN FRANCISCO — Activist investor Carl Icahn said he has amassed a sizable stake in Apple Inc. and prodded the tech giant to increase its stock buyback program, cheering investors but creating a headache for one of the industry's most admired...
| Aug 22, 2013
| 1:15 PM
Investor Carl Icahn revealed plans to have dinner with Apple Chief Executive Tim Cook to discuss the "magnitude" of the company's stock buyback.
Icahn disclosed the planned meeting in a post Thursday on Twitter. "Spoke to Tim," Icahn tweeted. "Planning...
| Aug 22, 2013
| 6:29 PM
NEW YORK — The Nasdaq Stock Market suffered a distressing three-hour outage that halted trading in some of the nation's leading companies, the latest in a series of embarrassing glitches that have exposed technological weaknesses across Wall Street....
| Sep 11, 2013
| 4:23 PM
SAN FRANCISCO — Investors punished Apple's stock Wednesday, driving it down more than 5% after the technology giant disappointed Wall Street by failing to announce a cheaper iPhone and a deal with China's largest wireless carrier.
Both bits of...
| Sep 13, 2013
| 12:21 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., has authorized a $75-million stock repurchase plan and announced a dividend designed to protect the company from a hostile takeover.
Privately held MGM said the move was not being adopted in...
| Apr 29, 2013
| 1:44 PM
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance.
The company reported earnings of $118.8 million, or $1.10 a share, up from...