|Bid||73.29 x 900|
|Ask||80.00 x 800|
|Day's Range||77.56 - 78.66|
|52 Week Range||49.13 - 81.88|
|PE Ratio (TTM)||10.27|
|Earnings Date||Nov 1, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||7.00 (8.72%)|
|1y Target Est||53.00|
MARKET PULSE Activist investor Carl Icahn started a few new positions over the last quarter and added to his stakes in Icahn Enterprises LP (iep) and Herbalife Nutrition Ltd. (hlf) according to a filing with the Securities and Exchange Commission late Tuesday.
Carl Icahn made his fortune as a corporate raider by buying large stakes and manipulating the targeted company's decisions to increase its shareholder value. On August 7, 2018, Icahn sent an open letter to shareholders of Cigna Corp. ( CI) stating that he opposes Cigna's plan to buy Express Scripts Holding Comp. Charles Icahn spun through a degree in philosophy at Princeton and three years of medical school before he turned to Wall Street and became a broker and options manager for two different companies.
Europe Forbids European Companies from Complying with US Sanctions Against Iran US economic sanctions against Iran have begun being partially applied today at midnight, with oil-specific sanctions to be applied only after the midterm elections, so as to placate potential voters of the Republican party into thinking that the GOP does not cause gasoline prices […] The post Market Morning: Europe Fights Iran Sanctions, California Burns, Icahn Fights Cigna/Express Scripts Deal appeared first on Market Exclusive.
An investment fund run by activist investor Carl Icahn made a comeback in the first half of 2018, generating a return of about 10.4% after two disappointing years. Icahn’s publicly traded investment vehicle, Icahn Enterprises (IEP), holds $3.3 billion of the $8.4 billion fund, which owns large stakes in Herbalife Nutrition (HLF) and Cheniere Energy (LNG). The activist investor personally owns the remaining $5.1 billion through various entities.
The New York-based company said it had profit of $1.70 per share. Earnings, adjusted to account for discontinued operations, were 90 cents per share. The diversified holding company posted revenue of $3.58 ...
The activist investor recently disrupted the planned deal between Xerox Corp. and Fujifilm Holdings.
Second quarter net income attributable to Icahn Enterprises of $309 million, or $1.70 per depositary unit, including $164 million from continuing operations, or $0.90 per depositary unit Board approves ...
On Thursday, Icahn Enterprises (NASDAQ: IEP ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Wall Street expects EPS of 56 cents and sales ...
NEW YORK, July 30, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ProPetro ...
Icahn Enterprises L.P. (IEP) announced today that it will discuss its second quarter 2018 results on a conference call and webcast on Thursday, August 2, 2018 - 10:00 a.m. EDT. The webcast can be viewed live on Icahn Enterprises L.P.'s website at www.icahnenterprises.com. Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in nine primary business segments: Investment, Automotive, Energy, Railcar, Metals, Mining, Food Packaging, Real Estate and Home Fashion.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Icahn Enterprises LP (NASDAQ:IEP) has returned to shareholders over theRead More...
The industrials sector tends to be highly cyclical, impacting companies operating in an array of areas such as building products, aerospace and defence. Hence, considering economic volatility is of paramountRead More...
Moody's Investors Service downgraded the ratings of Tenneco Inc. ("Tenneco"), - including the Corporate Family Rating to Ba3 from Ba1 and the existing senior unsecured notes to B2 from Ba2. Moody's ...
Jacobson was aware, too, that the rest of Xerox’s board was dissatisfied with him. Be more constructive with your feedback, please! But by this point, Xerox Corp.’s board of directors wasn’t really looking to give Chief Executive Officer Jeff Jacobson pointers on how to improve his performance. By midsummer, the board had concluded that Jacobson was incapable of leading Xerox.
Shares of Los Angeles-based multi-level-marketing firm Herbalife Ltd. ( HLF) plunged 9.6% Friday following news that controversial hedge fund manager Carl Icahn had significantly reduced his stake in the company. Investors have applauded the nutritional supplement and weight-loss products company for what has been largely seen as the end of a successful battle against billionaire hedge fund manager William Ackman and his Pershing Square Capital. In 2012, the high-profile investor bet $1 billion against the company as he championed a public campaign to expose it as an illegal pyramid scheme.
Herbalife Nutrition Ltd (NYSE: HLF ) fell as much as 7.4 percent Friday after the firm’s largest shareholder pared its six-year long position and third-oldest asset. Icahn Enterprises LP Common Stock (NASDAQ: ...
Shares of Herbalife Nutrition Ltd. tumbled 7.3% in morning trade Friday, after its largest shareholder, Icahn Enterprises LP disclosed that it was looking to trim its stake. Icahn Enterprises (IEP) said it was tendering up to 11.4 million Herbalife shares, or about a quarter of the 45.7 million shares, or 25.9% of the outstanding shares, it currently owns. Icahn Enterprises first acquired Herbalife shares at the end of 2012.
Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Icahn Enterprises Chairman Carl Icahn and CNBC's Scott Wapner on CNBC's "Fast Money Halftime Report" (M-F 12PM-1PM) today, Monday, May 21st. SCOTT WAPNER: SOME INTERESTING NEWS TODAY REGARDING INVESTORS CARL ICAHN AND KEITH MEISTER WHO ARE TEAMING UP TO GO ACTIVE IN A COMPANY CALLED ENERGEN THE TWO FILING A JOINT 13-D TODAY, REVEALING MR. ICAHN HAS BOUGHT 2 MILLION SHARES IN THE COMPANY FROM CORVEX WITH AN OPTION TO BUY ANOTHER 2 MILLION SHARES. CORVEX HAS HAD A POSITION IN ENERGEN AND STRUCK A DEAL WITH THE COMPANY IN MARCH FOR A COUPLE BOARD SEATS.
NEW YORK, May 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Tenneco ...
Carl Icahn is joining his protege, Keith Meister, in a deal that may ultimately lead to their purchase of oil and gas producer Energen Corp.
Shareholder activism is a prominent force in the U.S. stock market today. Hardly a week goes by when we don't hear of a high-profile move by a powerful hedge fund or billionaire tycoon to shake up companies to unlock value and thereby ignite higher stock valuations. According to Forbes magazine, Icahn had a net worth of $16.7 billion at the end of 2017, making him the 27th-wealthiest person in the Forbes 400.