Carl Icahn

Short sellers take on Carl Icahn

Hunter becomes the hunted as Hindenburg Research report hits Icahn Enterprises share price

Tue May 09 2023 - 05:00

Boomerang chief executives provide comfort in times of crisis

The hope is that former leaders can bring stability, yet data suggests that companies which bring them back underperform

Fri Apr 07 2023 - 05:01

Carl Icahn reported to hold short position in Gamestop

Pandemic ‘meme stock’ at centre of Reddit forum short squeeze has fallen 71% since January 2021

Tue Nov 22 2022 - 15:53

Stakeholder investors are blind to the realities of monopoly power

Those who care about more equitable markets tend to focus on ESG when they should be looking at market power

Wed May 04 2022 - 05:34

AIG files to float its life insurance and asset management business

Rebranded Corebridge expected to be valued at about $20bn in the largest IPO of the year

Tue Mar 29 2022 - 10:59

Carl Icahn v McDonald’s, Russia sanctions and the case of Megan Thee Stallion’s ‘album’

Planet Business: Meanwhile, in Sydney, Qantas plays a strong mascot game

Sat Feb 26 2022 - 05:07

Activist Icahn takes on McDonald’s over animal welfare

Battle over fast food retailer’s failure to phase out practices by agreed deadline, animal rights group says

Mon Feb 21 2022 - 07:59

Maureen Dowd: Income tax avoidance by the US’s richest is disgusting

Paying taxes is an expression of citizenship – you can’t belong to the club and not pay your dues

Sun Jun 13 2021 - 14:50

Is the Big Apple turning on its rich residents?

There is a push on to make the wealthy pay more tax and some are now fleeing New York

Tue Apr 06 2021 - 17:23

Short squeeze: What exactly is going on at GameStop?

Amateur traders, hedge funds and Wall St all driven by different priorities

Fri Jan 29 2021 - 11:10

Just because doomsayers warn of Armageddon doesn’t mean they’re right

Following dire market forecasts can cost investors bucketloads of money, but the appetite for pessimism porn is large

Tue Feb 11 2020 - 05:15

Xerox lines up Citigroup financing as it weighs bid for HP

Merger would strengthen position in challenging market for printers and copiers

Wed Nov 06 2019 - 17:26

Investors flock to Occidental jumbo-bond sale

Order book for 10-part $13bn offering hits $78bn as demand surges

Tue Aug 06 2019 - 21:49

Google parent Alphabet overtakes Apple to become new king of cash

Switch comes on back of concerted efforts from Apple to reduce reserves

Wed Jul 31 2019 - 14:10

Eldorado Resorts buys rival Caesars for about $8.58bn

Hotel and casino operator pushed towards sale by activist investor Carl Icahn

Mon Jun 24 2019 - 16:21

MacKenzie Bezos promises to give away billions

Novelist became world’s fourth richest woman after divorce from Jeff Bezos

Wed May 29 2019 - 10:32

Investors pay the price when egos rule for fund managers

Research shows investors should also be wary of firms headed by egotistical chiefs

Tue Apr 09 2019 - 05:00

Lyft beats rival Uber to go public, and offers shares to drivers

Car-booking company has 18.6m active users, and doubled its revenues to €1.89bn

Sun Mar 03 2019 - 19:08

CRH shares jump as Europe’s largest activist investor reveals stake

Cevian reveals stake as AllianceBernstein analysts say materials giant has ‘lost its way’

Wed Feb 06 2019 - 19:29

Dell sticking with $21.7bn plan to go public despite objections

Dell plans to buy its tracking stock DVMT arguing that the move benefits shareholders

Tue Oct 16 2018 - 15:30

Carl Icahn boosts stake in Dell IPO standoff

Activist investor looks to block a proposed plan by the computer maker to return to the public market without an IPO

Mon Oct 15 2018 - 13:29

Dell gives investors a look at its post-private future

Dell is trying to convince investors to back a deal that would take the company public

Tue Aug 07 2018 - 14:44

Michael Dell to bring his company public with $35bn stake

New valuation would be ten times what Dell’s holding was worth five years ago

Mon Jul 02 2018 - 21:15

Xerox calls off $6.1bn sale to Fujifilm

Control of company now in hands of activist investors

Mon May 14 2018 - 13:01

Hertz gears up for bigger-than-expected loss as overhaul costs rise

The rental-car company spends heavily on the SUVs that drivers demand

Wed Feb 28 2018 - 15:44

Fujifilm to cut 10,000 jobs at Xerox joint venture

Photocopier firm reported to be near deal that would cede control to Fujifilm

Wed Jan 31 2018 - 08:01

Philip Lane boosts ECB job case with mortgage rules tweak

Meanwhile, speculation over Bitcoin rumbles on amid 1,400% surge in space of a year

Sat Dec 02 2017 - 06:05

Trading truisms and time-tested investment adages

Many memorable one-liners have emerged from Wall Street, offering intriguing insights into the approaches of both long-term investors and short-term traders

Tue Apr 11 2017 - 07:18

AIG CEO Hancock resigns after $3bn quarterly loss

Shareholder pressure grows as US insurer seeks seventh chief executive since 2005

Thu Mar 09 2017 - 20:13

US billionaire who invested in BoI tipped to join Trump’s cabinet

Wilbur Ross is a leading candidate for commerce secretary role in the US

Thu Nov 17 2016 - 07:00

Bank of Ireland rescuer Wilbur Ross tipped for top Trump role

Businessman made €500 million profit from investment in the Irish lender during crisis

Wed Nov 16 2016 - 09:56

Stocktake: CRH investors gain at expense of index funds

Fund managers still cautious, changes at Apple, and was Bill Miller just lucky?

Tue Aug 23 2016 - 06:00

Warren Buffett’s Berkshire takes bigger bite of Apple

Move comes as other investors like George Soros and Carl Icahn have sold their shares

Tue Aug 16 2016 - 11:08

Apple’s difficulty could be rival Samsung’s opportunity

The two companies have been battling to be top smartphone maker for several years

Thu Aug 11 2016 - 05:48