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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 34-44
  • 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...
  • MGM authorizes $75-million stock repurchase program

    MGM authorizes $75-million stock repurchase program
    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...
  • Apple's stock tumbles after company fails to deliver cheaper iPhone

    Apple's stock tumbles after company fails to deliver cheaper iPhone
    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...
  • Glitch shuts down trades on Nasdaq for 3 hours

    Glitch shuts down trades on Nasdaq for 3 hours
    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....
  • Apple mega-investor Icahn, CEO Tim Cook to talk buyback over dinner

    Apple mega-investor Icahn, CEO Tim Cook to talk buyback over dinner
    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...
  • Redesigned Spokeo now focuses on reconnecting old pals

    Redesigned Spokeo now focuses on reconnecting old pals
    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....
  • Carl Icahn reveals hefty Apple stake: 'This will get uglier'

    Carl Icahn reveals hefty Apple stake: 'This will get uglier'
    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...
  • Icahn thanks Ackman for success of Herbalife investment

    Icahn thanks Ackman for success of Herbalife investment
    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. “I...
  • Herbalife posts better-than-expected earnings, again

    Herbalife posts better-than-expected earnings, again
    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...
  • Herbalife is rocked by new crisis

     Herbalife is rocked by new crisis
    This was the last thing Herbalife Ltd. needed. Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....
  • Herbalife says KPMG 'concluded it was not independent' as auditor

    Herbalife says KPMG 'concluded it was not independent' as auditor
    KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme. "KPMG stated it had concluded it was not independent because of alleged insider trading in...