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Carl Icahn Reportedly Continues To Hold Large Short Position In GameStop
Tuesday, November 22, 2022 - 7:08am | 391Billionaire investor Carl Icahn started shorting GameStop Corp. (NYSE: GME) during the height of the "meme-stock" frenzy around January 2021 and continues to hold a large position, reported Bloomberg, citing sources. Short Position: Icahn commenced building the short position when...
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Occidental Petroleum Announces Ghana Asset Sale: What Investors Need To Know
Thursday, October 14, 2021 - 1:31pm | 497Occidental Petroleum Corporation (NYSE: OXY) announced on Wednesday afternoon a major asset sale analysts say has helped improve the company’s near-term financial outlook and has the stock positioned to be an outperformer in coming years. What Happened? Occidental announced the sale of...
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'Icahn Herd' Continues To Get Stampeded
Tuesday, December 30, 2014 - 11:41am | 631Activist investor Carl Icahn on Monday disclosed a 7.7 percent stake in Manitowoc Company Inc (NYSE: MTW). A little over a year ago, an article on Benzinga was skeptical on Icahn Enterprises LP (NYSE: IEP). At that time, the issue had swooned from its all-time high made on December 9,...
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Icahn To Push For Walgreen Company Inversion Deal?
Friday, September 5, 2014 - 12:39pm | 155Walgreen Company (NYSE: WAG) spiked Friday on an unconfirmed rumor that activist investor Carl Icahn will announce a stake in the company and push to get a so-called tax inversion deal completed. As of noon Frida, there were no filings concerning an Icahn acquisition of Walgreen shares at the...
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Carl Icahn And The Family Dollar Poison Pill
Tuesday, June 10, 2014 - 2:37pm | 474The big news Monday was Carl Icahn’s reported stake of 9.393% in Family Dollar (NYSE: FDO). Shares traded to $66.68 before the 8:00 p.m. ET after-hours closing on Friday and rose further on Monday to a high of $70.30 on the news. The company's performance has struggled over the past...
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Battle Erupts Between eBay And Icahn
Thursday, February 27, 2014 - 2:38pm | 471Within the past couple of weeks a fierce battle has erupted between Carl Icahn, the legendary investor known for his sharp and witty moves, and eBay (NASDAQ: EBAY). Icahn wants eBay's management restructured; eBay would like to be left alone. Icahn's latest salvo came February 24, when he...
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Why Icahn Is Wrong On Apple
Monday, January 27, 2014 - 11:40am | 674Since August, Carl Icahn has accumulated a large position in Apple (NASDAQ: AAPL), and he has not been afraid to let everyone know it. Almost every tweet he makes about the stock has added billions of dollars in market cap to the company. His first position disclosure on August 13 had by far the...
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Brazilian Stocks Among the Few That Miss the Global Rally
Thursday, January 2, 2014 - 5:05pm | 1930How good was the 2013 stock market rally? So good that it was hard to find a stock market around the world that showed a loss on the year, which may be why there's concern the rally was just too big. That said, among the biggest losers was Brazil -- whose benchmark Ibovespa Index fell 15.5...
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Transocean And Carl Icahn Strike An Accord; Analysts See Limited Upside
Monday, November 11, 2013 - 1:20pm | 148Transocean (NYSE: RIG) reached an agreement on Monday with famed corporate raider Carl Icahn. Shares of Transocean have been trading up over three percent following the pre-market news release. Transocean is set to pay a $3 dividend, which will benefit Icahn, who is the company's third largest...
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Carl Ichan "Destroyed Both Yahoo and Motorola"
Thursday, July 28, 2011 - 6:01pm | 207Carl Ichan may be regarded as a brilliant investor, but don't tell Global Equities Research that. Trip Chowdhry, the Managing Director of Equity Research, has sent out a note responding to Ichan's advice for Motorola Mobility Holdings (NYSE: MMI). “Carl Ichan has destroyed both Yahoo (NASDAQ:...
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Carl Icahn Appears On CNBC To Talk Lionsgate Tender Offer (LGF)
Thursday, April 29, 2010 - 1:22pm | 292Carl Icahn appeared on CNBC this afternoon to talk to Melissa Lee about his ongoing efforts to acquire Lions Gate Entertainment (NYSE: LGF). Vice Chairman of Lionsgate's Board Michael Burns had appeared on the network earlier today and said that Icahn was basically trying to "steal the company,"...