icahn

Icahn denies attempt to sell Herbalife stock, buys more shares

Herbalife shares rose 4 percent in extended trading, reversing course after Icahn said he had bought 2.3 million shares on Friday. “Completely contrary to what Bill Ackman stated on television today, I have never given Jefferies an order to sell any of our Herbalife shares,” Icahn said in a statement after market close. Ackman, who unveiled a $1 billion short bet against Herbalife in 2012, said on CNBC earlier in the day that Icahn's planned stake

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Icahn denies attempt to sell Herbalife stock, buys more shares

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Carl Icahn says he sold entire Apple stake on China woes: CNBC

Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc , citing the risk of China's influence on the stock. Icahn, in an interview with cable television network…

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Carl Icahn says he sold entire Apple stake on China woes: CNBC

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Witnesses in Shkreli case worried about retaliation: U.S. prosecutors

U.S. prosecutors said several witnesses in the criminal securities fraud case against notorious former pharmaceutical executive Martin Shkreli are concerned about retaliation and have received threats from him in the past. Prosecutors cited the concern about witness intimidation in a brief filed late on Thursday…

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Witnesses in Shkreli case worried about retaliation: U.S. prosecutors

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Firming U.S. inflation keeps Fed rate hike on the table

By Lucia Mutikani WASHINGTON (Reuters) – Rising rents and healthcare costs lifted underlying U.S. consumer price inflation in January by the most in nearly 4-1/2 years, providing support for the view that the…

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Firming U.S. inflation keeps Fed rate hike on the table

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U.S. ramps up Apple offensive with new filing in iPhone unlocking case

By Dustin Volz and Julia Edwards WASHINGTON/LOS ANGELES (Reuters) – The U.S. Department of Justice filed a motion seeking to compel Apple Inc to comply with a judge's order for the company to unlock the iPhone belonging to one of the San Bernardino shooters, portraying the tech giant's refusal as a “marketing strategy.” The filing escalated a showdown between the Obama administration and Silicon Valley over security and privacy that ignited earlier this week. …

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U.S. ramps up Apple offensive with new filing in iPhone unlocking case

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S&P warns it may cut Icahn Enterprises to junk status, stock falls

By Svea Herbst-Bayliss BOSTON (Reuters) – U.S. ratings agency Standard & Poor's warned on Friday it may cut the credit rating of billionaire investor Carl Icahn's Icahn Enterprises to junk status after the portfolio absorbed heavy commodity sector losses in the last few months. S&P placed its triple-B-minus issuer credit rating and senior unsecured debt rating of Icahn Enterprises on “CreditWatch with negative implications,” the agency said in a statement. The news weighed on Icahn Enterprises' stock price…

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S&P warns it may cut Icahn Enterprises to junk status, stock falls

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Icahn buying up Time Warner shares: sources

Billionaire activist investor Carl Icahn is building an equity stake in Time Warner Inc , people familiar with the matter said on Monday. Icahn's intentions when it comes to Time Warner are not yet known, the people said

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Icahn buying up Time Warner shares: sources

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Icahn takes stake in Xerox, calls shares ‘undervalued’

The billionaire revealed a 7.13 percent stake in Xerox in a securities filing on Monday, making him the second-largest shareholder of the 109-year-old company. Icahn, who recently took stakes in American International Group and Freeport-McMoran Inc , said he would look at getting representation on Xerox's board, as well as pursuing strategic alternatives. “We are aware that Carl Icahn has

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Icahn takes stake in Xerox, calls shares ‘undervalued’

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Icahn nods at Valeant interest, pushes for cash repatriation law

Billionaire investor Carl Icahn made a cryptic reference suggesting he has an interest in embattled drug maker Valeant on Tuesday, and said he was speaking to U.S. politicians about a corporate cash repatriation law that would deter so-called tax inversion deals. “I’m not in Valeant, well, I don’t want to say I’m not completely in it but I’m not going to tell you where I am with it,” Icahn said, when asked about the company at…

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Icahn nods at Valeant interest, pushes for cash repatriation law