Icahn

Here are the ideas Icahn sent to Trump and others
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Carl Icahn’s paper on income inequality sent to Trump and other Wall Street and Washington power players.

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Freeport-McMoran jumps as Icahn reveals 8.5% stake
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Activist investor Carl Icahn disclosed an 8.5 percent stake in miner Freeport-McMoran Inc, saying the company was undervalued and needed to address several corporate governance and capital issues. In a filing with the U.S. Securities and Exchange Commission, the billionaire investor said he intends to speak with Freeport’s management and board and may seek board […]

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Carl Icahn calls BlackRock a 'dangerous' company, cites ETF concerns
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Billionaire activist investor Carl Icahn on Wednesday lambasted BlackRock Inc (BLK.N), the world’s largest asset manager, as an “extremely dangerous company” because of the prevalence of its exchange-traded fund products, which Icahn deems illiquid. “They sell liquidity,” Icahn said in reference to BlackRock’s ETF business. Icahn was speaking at the CNBC Institutional Investor Delivering Alpha […]

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Is Icahn right about markets being overheated?
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King Lip, chief investment officer at Baker Avenue Asset Management, explains why he disagrees with Carl Icahn’s comments that the U.S. market is “extremely overheated.”

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Billionaire investor Icahn says 'no' to Trump's Treasury offer
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Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. Treasury secretary. “I am flattered but do not get up early enough in the morning to accept this opportunity,” Icahn, 79, said in a public statement one day after Trump, 69, […]

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Icahn: Apple still undervalued
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Apple remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday. Apple beat Wall Street’s revenue and profit forecasts as it sold more iPhones in China than the U.S. for the first time.

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Icahn values Apple at more than $1 trillion
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At $216 per share, Apple – already the world’s most valuable company – would be worth about $1.3 trillion, or about the size of South Korea’s gross domestic product. Icahn said Apple should be trading at 20 times earnings per share, which taken together with net cash of $22 per share works out to $216 […]

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Icahn is at it again: This time, Gannett
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Activist investor Carl Icahn is nominating two directors to the board of Gannett, the media giant that publishes USA Today. Icahn has a 6.6 percent stake in Gannett which he acquired in August.

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Icahn: Oil will go lower, 'tremendous opportunity'
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The price of oil will go lower as supply and demand remain unbalanced, activist investor Carl Icahn tells CNBC.

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Carl Icahn: Oil likely to go even lower now
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Due to oversupply in inventory, Carl Icahn of Icahn Enterprises, expects oil to go lower and says and there will eventually be great opportunities in the services area.

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