|Bid||68.70 x 800|
|Ask||69.79 x 1800|
|Day's Range||68.44 - 69.90|
|52 Week Range||51.01 - 81.88|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||14.38|
|Earnings Date||Nov 1, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||7.00 (10.04%)|
|1y Target Est||57.00|
National automotive service chain supporting veterans in more than 60 U.S. communities as an affiliate of vehicle giveaway program from Progressive® Insurance
On a per-share basis, the New York-based company said it had net income of 68 cents. Losses, adjusted to account for discontinued operations, were 16 cents per share. The diversified holding company posted ...
For the trailing twelve months ended September 30, 2018 indicative net asset value increased by $1.57 billion to $8.64 billion compared to $7.08 billion as of September 30, 2017.
Veterans of the U.S. Armed Forces often find themselves struggling with service-related health problems, unemployment, homelessness and other challenges. In recognition of their sacrifices, national automotive service chain Pep Boys has become an affiliate of Progressive’s Keys to Progress® program, which on Thursday will donate more than 100 newly refurbished vehicles to veterans and their families.
The billionaire activist investor alleges in court documents that the computer manufacturer withheld key financial information related to a planned deal with VMware.
Icahn Enterprises L.P. (IEP) announced today that the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $1.75 per depositary unit. The quarterly distribution is payable in either cash or additional depositary units, at the election of each depositary unit holder and will be paid on or about December 18, 2018 to depositary unit holders of record at the close of business on November 12, 2018.
Icahn Enterprises L.P. (IEP) announced today that it will discuss its third quarter 2018 results on a conference call and webcast on Thursday, November 8, 2018 - 10:00 a.m. Eastern Time. 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.
NEW YORK, Oct. 25, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Icahn Automotive Group LLC (Icahn Automotive) has announced its latest offering for vehicle owners: Pep Boys Mobile Crew, a state-of-the-art traveling trailer and service bay that will provide on-location preventative maintenance and repair services. The Mobile Crew rig – equipped with mobile lifts, the latest diagnostic tools and equipment, and staffed by ASE-certified automotive technicians – has officially hit the road.
American Railcar Industries Inc., which is majority owned by activist investor Carl Icahn’s firm, is being acquired by a subsidiary of ITE Rail Fund LP, it announced Monday. American Railcar said that including its debt, the deal is valued at $1.75 billion. The $70 a share price is a 51% premium on the company’s most recent closing share price of $46.29.
Icahn Enterprises agreed to sell the maker of tank and hopper cars at $70 a share, 51 percent above its closing price on Oct. 19, to a subsidiary of hedge fund ITE Management LP. The deal is valued at $1.75 billion including debt, Saint Charles, Missouri-based American Railcar said in a statement Monday. Orders for freight cars jumped 35 percent to 23,788 in the second quarter from a year earlier, according to the Railway Supply Institute.
American Railcar agrees to merge with an ITE Rail Fund subsidiary for $70 a share. Icahn owned 62.2 percent of American Railcar's shares outstanding as of June 30, according to FactSet. Icahn Enterprises says its profit from its 8-year-old stake was $757.2 million, including the deal.
(Reuters) - American Railcar Industries Inc, majority-owned by billionaire investor Carl Icahn, is selling itself to ITE Rail Fund in a $1.75 billion deal including debt, the company said on Monday. Icahn ...
American Railcar Industries Inc, majority-owned by billionaire investor Carl Icahn, is selling itself to ITE Rail Fund in a $1.75 billion deal including debt, the company said on Monday. Icahn Enterprises said the sale generated a total return of 423 percent for a profit of about $757 million since it first bought a majority stake in the railcar maker in 2010. The $70 per share offer represents a 51 percent premium to American Railcar's last closing price on Friday.
American Railcar Industries Inc. announced Monday a deal to be acquired in a deal valued at $1.75 billion by a fund managed by investment firm ITE Management L.P. Under terms of the agreement, ITE will pay $70 for each American Railcar, a maker of hopper and tank railcars, which is 51% above Friday's closing price of $46.29, and would give the company a market capitalization of $1.34 billion. The stock is currently halted for news until 7:30 a.m. Eastern. The deal is expected to close in the fourth quarter. Billionaire activist investor Carl Icahn's Icahn Enterprises L.P. is the majority owner of American Railcar, with 11.9 million shares, or 62.2% of the shares outstanding, according to FactSet data. Icahn said it became a majority owner of American Railcar in 2010, and Monday's deal, the investment has generated a total return of 423% for a profit of $757.2 million. American Railcar's stock has rallied 17.8% over the past 12 months, while the Dow Jones Industrial Average has gained 9.1%.
Icahn Enterprises L.P.(NASDAQ: IEP) ("Icahn Enterprises") announced that its majority-owned subsidiary, American Railcar Industries, Inc. (“ARI”), today entered into a definitive agreement to merge with a wholly-owned subsidiary of ITE Rail Fund L.P., managed by ITE Management L.P., at a price of $70.00 per share, which is 51% above the October 19, 2018 closing price of $46.29. The transaction is valued at approximately $1.75 billion (including ARI’s net indebtedness), which is a great result for all ARI shareholders. Icahn Enterprises first acquired its majority interest in ARI in 2010. At that time, we deployed our activist modus operandi and guided the company towards growth and increased profitability, enhancing value for all IEP unitholders. With today’s transaction, IEP’s investment in ARI has generated a total return of 423%, for a profit of approximately $757.2 million.
Per the New York Post, he billionaire investor has taken a "significant" stake in Chesapeake, Virginia-based Dollar Tree.
Famed Wall Street investor Carl Icahn has also been involved in the ownership of several Houston companies.
Following is the unofficial transcript of a CNBC interview with Icahn Enterprises Chairman Carl Icahn and CNBC's Scott Wapner on "Fast Money Halftime Report" today, Monday, October 15th. SCOTT WAPNER: ACTIVIST INVESTOR CARL ICAHN IS GEARING UP FOR YET ANOTHER FIGHT WITH MICHAEL DELL THIS TIME OVER MR. DELL'S PLAN TO ACQUIRE SHARES IN A TRACKING STOCK KNOWN AS DVMT. MR ICAHN JOINING US BY PHONE AND ALSO JOINING US TODAY FROM THE NEW YORK STOCK EXCHANGE IS MY COLLEAGUE, CNBC'S DAVID FABER.
Activist investor Carl Icahn said Monday in an open letter that his investment firm Icahn Enterprises LP (NASDAQ: IEP) now owns an 8.3-percent stake in Dell Technologies Inc (NASDAQ: DVMT), the tracking stock of VMware and Dell. Icahn told CNBC he was contacted by various DVMT shareholders who asked for his help in blocking what he said appears to be an undervalued deal.
Moody's Investors Service withdrew the ratings of Federal-Mogul LLC (Federal-Mogul), including the B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating, Ba2 rating on the senior secured asset based revolver, and B1 rating on the senior secured tranche C term loan. In a related action Moody's upgraded the ratings on the senior secured notes to Ba2 from B1 as the senior secured notes were assumed by Tenneco, Inc. This action concludes the review for upgrade for the senior secured notes initiated May 15, 2018.
Carl C. Icahn, Chairman of Icahn Enterprises, stated: "Icahn Enterprises acquired majority control of Federal-Mogul in 2008 when we saw an out-of-favor market opportunity for a great company. Mr. Icahn continued: “Icahn Enterprises first acquired an interest in Tropicana in 2008.
According to the GuruFocus All-in-One Guru Screener, the following stocks have outperformed the Standard & Poor's 500 Index over the past 12 months and were bought by gurus during the last quarter. Warning! GuruFocus has detected 2 Warning Sign with IEP. The stock is trading with a price-book ratio of 2.30.