Tag Archives: Carl Icahn

Watchdog presses U.S. lawmakers to probe Icahn's role with Trump

By Chris Prentice (Reuters) – A government watchdog group, Public Citizen, said on Wednesday it has asked lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to…

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Exclusive: AIG to pursue spin-off of mortgage insurance unit

By Michael Flaherty & Mike Stone (Reuters) – American International Group Inc <AIG.N> has decided to pursue a spin-off of its mortgage insurance business, according to people familiar with the…

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Icahn takes stake in Xerox, calls shares 'undervalued'

By Arathy S Nair & Anya George Tharakan (Reuters) – Activist investor Carl Icahn disclosed a stake in Xerox Corp <XRX.N> & called the printer & copier maker's shares "undervalued,"…

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Ride-hailing services Lyft, Didi link apps

(Reuters) – U.S.-based ride-hailing company Lyft Inc & Chinese peer Didi Kuaidi Joint Co have linked their apps, allowing users of each app to hail rides from drivers on the…

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Exclusive – Trump on Icahn: most top dealmakers are miserable but Carl is nice

By Emily Flitter & Jennifer Ablan NEW YORK (Reuters) – Donald Trump had to do a bit of damage control on Thursday after repeatedly dropping Carl Icahn's name in a…

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Carl Icahn says underweight Apple bets will hurt funds' performance

NEW YORK (Reuters) – Billionaire activist investor Carl Icahn said Thursday that mutual funds will increasingly realize that being underweight shares of Apple will injure their performance. "They are underweight…

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Carl Icahn and son say Apple will still introduce TV, car: CNBC

(Reuters) – Billionaire activist investor Carl Icahn & Brett Icahn, his son & portfolio manager, on Tuesday stuck to their views that Apple Inc would introduce a television set &…

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Icahn says 'dramatically undervalued' Apple should trade at $240

(Reuters) – Billionaire investor Carl Icahn said Apple Inc's <AAPL.O> stock was "still dramatically undervalued" & that it should be trading at $240, up from his earlier estimate of $216….

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Stock futures flat at start of second quarter

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stock index futures were little changed on Wednesday, with investors reluctant to keep pushing shares higher after both the S&P 500 &…

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Newcomers jump into activist investing, eying returns and capital

By Svea Herbst-Bayliss BOSTON (Reuters) – The largest new field of activist investors in years is shaking up corporate America, seeking to tap into billions of dollars in available capital…

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