Carl Icahn News

29.07 / 04:31
BLOCK CEO Pool UBS Natural Gas Pioneer Puts Investment Vehicle Into Bankruptcy
An investment vehicle owned by U.S. natural-gas entrepreneur Charif Souki has filed for bankruptcy and is suing its lenders to prevent foreclosure of its assets, including shares of a family-owned business and a luxury ranch. Strudel Holdings said it sought protection from creditors Thursday so it can sell those assets “in an orderly manner at fair market value rather than having them disposed of in the commercially unreasonable manner." Strudel, along with its bankrupt affiliate AVR AH, and Souki, also filed a lawsuit Thursday, accusing investment manager UBS O’Connor, administrative agent Wilmington Trust and lenders including Nineteen77 Capital Solutions of breach of duty of good faith and fair dealing.
10.07 / 18:15
UPS Enterprise Mattel CSX FMC fall FMC, Outset Medical fall; Iovance, Helen of Troy rise, Monday, 7/10/2023
Stocks that are trading heavily or have substantial price changes Monday: FMC, Outset Medical fall; Iovance, Helen of Troy rise
04.07 / 02:55
NASDAQ CEO Platform Compilation Enterprise Tesla elon Elon Musk leads $852 bn surge among world’s richest; Adani sees highest wealth erosion
Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg. It was the best half-year for billionaires since the back half of 2020, when the economy rebounded from a Covid-induced slump. The gains coincided with a broad stock market rally, as investors brushed off the effects of central bank interest rate hikes, the ongoing war in Ukraine and a crisis in regional banks.
04.07 / 00:59
NASDAQ CEO Platform Compilation Enterprise Tesla elon Elon Musk, Mark Zuckerberg lead a $852 billion surge among world’s richest people
The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023. Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg. It was the best half-year for billionaires since the back half of 2020, when the economy rebounded from a Covid-induced slump.
25.05 / 09:59
Enterprise Bill Ackman says he’s ‘just watching from a distance’ amid Icahn Enterprises $9bn stock rout
Hedge fund billionaire Bill Ackman says that he has no long or short position in Carl Icahn’s multi-billion dollar Icahn Enterprises after a report by Hindenburg Research left the firm’s stock reeling.
03.05 / 15:39
Enterprise Bill Ackman: Hindenburg’s Carl Icahn report is a ‘must read’
Hedge fund billionaire Bill Ackman has called Hindenburg Research’s report into Icahn Enterprises a "must read" after the high-profile short-sellers described the firm as "Ponzi-like".
02.05 / 15:43
Target Enterprise Icahn Enterprises’ stock plunges after Hindenburg says legend of Wall Street made a ‘classic mistake’
Activist short-selling firm Hindenburg Research has targeted hedge fund billionaire Carl Icahn’s multi-billion dollar empire with a report on 2 May calling the firm’s economic structure “Ponzi-like”.
02.05 / 13:31
McDonald's Airlines Enterprise Illumina Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
Notable short seller Hindenburg Research is going after famed activist investor Carl Icahn.
22.04 / 02:37
Fighting Strategy McDonald’s BlackRock BlackRock under pressure as Carl Icahn urges major ESG investors to back McDonald’s campaign
Carl Icahn is urging BlackRock and other big index-fund managers focused on socially conscious investing to support his proxy fight at McDonald’s for better treatment of pregnant pigs.

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