Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple Inc (AAPL.O) on Thursday.
Tags: Carl Icahn
Icahn offers $20 million to keep Atlantic City Trump casino open
Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
Carl Icahn raises stake in car rental company Hertz
Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent. The billionaire was already Hertz's largest shareholder and in the past few months had successfully pushed for management changes and won board seats on the company.
Apple market cap could hit $1 trillion mark: Omega's Einhorn
Gains in shares of Apple Inc could take the world's largest publicly traded company to a market capitalization of perhaps as high as $1 trillion, some of the country's biggest investors said on Monday.
Icahn expects major stocks correction in 3 to 5 years
Carl Icahn isn't forecasting a dramatic stock market drop quite yet but the billionaire investor is still bracing for a market sell-off in the next three to five years, he told Reuters on Monday.
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EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows.
In June 2013, activist investors got the board of SandRidge Energy Inc (SD.N) to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.
Billionaire investor Carl Icahn has sold his entire stake in Family Dollar Stores Inc (FDO.N), making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday.
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
John Donahoe, CEO of eBay Inc., said last Wednesday that he had contacted shareholders of the company to support him in resisting demands by Carl Ichan, the billionaire activist investor who demanded spinning off PayPal.
E-commerce giant eBay and iPhone maker Apple Inc were beloved bets among top US hedge funds like that of activist investor Carl Icahn in the fourth quarter of last year, Reuters reported.
The number of campaigns waged by activist investors to compel companies to pay more expensive prices for takeover targets has increased, the Financial Times reported.
Proxy advisory firm ISS Inc has urged shareholders not to support the share buyback proposed by Carl Icahn to return more cash to its shareholders, Reuters reported.
A source interviewed by Reuters said billionaire activist investor Carl Icahn had a higher stake in eBay than what was previously reported, saying that his stake was near 2%.
