Should You Buy 3 of the Highest-Paying Dividend Stocks in the Nasdaq?
- We investors, especially newish investors, are often drawn to certain kinds of investments, not always with good results. When I was a new investor, for example, I got excited about a mutual fund that had gained around 82% in a single year.
- 03/23/2025
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Why Is Icahn Enterprises Stock Falling On Wednesday?
- Icahn Enterprises L.P. IEP stock is trading lower on Wednesday.
- 02/26/2025
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Icahn Enterprises L.P. (IEP) Q4 2024 Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q4 2024 Earnings Conference Call February 26, 2025 10:00 AM ET Company Participants Andrew Teno - President and CEO Ted Papapostolou - Chief Financial Officer Robert Flint - Chief Accounting Officer Conference Call Participants Andrew Berg - Post Advisory Group Operator Good morning.
- 02/26/2025
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Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Fourth Quarter 2024 Financial Results
- SUNNY ISLES BEACH, Fla. , Feb. 26, 2025 /PRNewswire/ -- Q4 2024 net loss attributable to IEP of $98 million, an improvement of $41 million over Q4 2023 Q4 2024 quarter Adjusted EBITDA attributable to IEP of $12 million, compared to $9 million in Q4 2023 Indicative Net Asset Value was approximately $3.3 billion as of December 31, 2024, a decrease of $223 million compared to September 30, 2024 IEP declares fourth quarter distribution of $0.50 per depositary unit Financial Summary (Net loss and Adjusted EBITDA figures in commentary below are attributable to Icahn Enterprises, unless otherwise specified) For the three months ended December 31, 2024, revenues were $2.6 billion and net loss was $98 million, or $0.19 per depositary unit.
- 02/26/2025
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Icahn Enterprises L.P. Announces Q4 2024 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , Feb. 18, 2025 /PRNewswire/ -- Icahn Enterprises L.P.
- 02/18/2025
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ICAHN ENTERPRISES L.P. AND ICAHN ENTERPRISES HOLDINGS L.P.
- SUNNY ISLES BEACH, Fla. , Jan. 9, 2025 /PRNewswire/ -- Icahn Enterprises L.P.
- 01/09/2025
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ICAHN ENTERPRISES L.P. AND ICAHN ENTERPRISES HOLDINGS L.P.
- SUNNY ISLES BEACH, Fla. , Jan. 6, 2025 /PRNewswire/ -- Icahn Enterprises L.P.
- 01/06/2025
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Should You Buy 3 of the Highest-Paying Dividend Stocks in the Nasdaq?
- If you're in the market for dividend-paying stocks, you're onto a smart investing strategy. That's because shares of healthy and growing dividend-paying companies are likely to rise in value over time, and their dividend payouts will tend to do the same.
- 12/17/2024
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Billionaire Carl Icahn Trims 3rd-Largest Holding to Prop Up His Struggling Empire
- It has not been a good year for billionaire activist investor Carl Icahn.
- 12/15/2024
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ICAHN ENTERPRISES L.P. AND ICAHN ENTERPRISES HOLDINGS L.P.
- SUNNY ISLES BEACH, Fla. , Dec. 6, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 12/06/2024
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Should You Buy the 3 Highest-Paying Dividend Stocks in the Nasdaq?
- The superficial logic holds water, but there's always more to the story.
- 11/19/2024
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Icahn Enterprises L.P. Announces Pricing of Senior Notes
- SUNNY ISLES BEACH, Fla. , Nov. 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 11/13/2024
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Icahn Enterprises L.P. Intends to Offer New Senior Notes
- SUNNY ISLES BEACH, Fla. , Nov. 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 11/13/2024
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Icahn Enterprises: Longstanding NAV Premium
- IEP trades at a premium to its NAV, even the NAV that the company proposes. The dividend getting cut may actually be relatively welcome news to a value investor assuming that this is a good moment to consolidate ownership of CVI. However, a value investor should not be able to get past the premium to NAV that has existed on the instrument for a while, likely because of the large dividend.
- 11/09/2024
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Icahn Enterprises L.P. (IEP) Q3 2024 Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Andrew Teno – President and Chief Executive Officer Ted Papapostolou – Chief Financial Officer Robert Flint – Chief Accounting Officer Conference Call Participants Dan Fannon – Jefferies Andrew Berg – Post Advisory Group Bruce Monrad – Northeast Investors Trust Operator Good morning, and welcome to Icahn Enterprises L.P.
- 11/08/2024
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Icahn Enterprises seeks to raise stake in refiner CVR Energy
- Icahn Enterprises , headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in refiner CVR Energy to 81.3%.
- 11/08/2024
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Icahn Enterprises Stock Tumbles as Dividend Slashed by Half
- Icahn Enterprises is reducing its dividend to 50 cents a share. The cut stems from Carl Icahn's proposal to acquire additional shares of CVR Energy, a renewable fuels and petroleum refining business.
- 11/08/2024
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Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Third Quarter 2024 Financial Results
- SUNNY ISLES BEACH, Fla. , Nov. 8, 2024 /PRNewswire/ -- Chairman Carl C.
- 11/08/2024
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Icahn Enterprises L.P. announces proposed tender offer to acquire additional shares of CVR Energy common stock
- SUNNY ISLES BEACH, Fla. , Nov. 8, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 11/08/2024
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Icahn plans raising stake in oil refiner CVR, WSJ reports
- Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20%, the Wall Street Journal reported on Thursday.
- 11/07/2024
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Icahn's Firm Seeks Bigger Stake in Top Holding While Slashing its Own Dividend
- To fund a bigger war chest, Icahn Enterprises plans to halve dividend payout.
- 11/07/2024
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IEP stock: No good reason to invest in Icahn Enterprises
- Icahn Enterprises (IEP) stock price suffered a harsh reversal this week after the company suffered a major setback. It has crashed by over 15% this week, erasing some of the gains made earlier this month.
- 10/31/2024
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CVR Energy Dividend Suspension Likely Forces Icahn Enterprises To Do The Same
- CVR Energy, Inc.'s refining margins plummeted, causing a 96% drop in free cash flow and a 90% decline in adjusted EBITDA. The dividend suspension could be seen a mile away. Icahn Enterprises L.P.'s reliance on CVI's dividends, critically impacts its cash flow, making future distributions uncertain.
- 10/29/2024
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Icahn Enterprises' stock slides 4% as majority-owned CVR Energy suspends its dividend
- Icahn Enterprises LP's stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro environment pressured earnings.
- 10/29/2024
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Icahn Enterprises L.P. Announces Q3 2024 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , Oct. 25, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 10/25/2024
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These 15 Stocks Are Among the Top Dividend Payers on the NASDAQ
- 24/7 Wall Street Insights NASDAQ was founded in 1971 as an automated quote stock exchange alternative to the New York Stock Exchange, and now has more listings than the NYSE.
- 10/22/2024
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Icahn Enterprises Stock: Not A Buy
- Icahn Enterprises shares surged after a lawsuit was dismissed, reducing a significant risk for the company. Despite the positive legal outcome, Icahn Enterprises' financial performance remains weak, with ongoing net losses and substantial dilution from dividend payouts. The company's net asset value per share has declined significantly, raising concerns about the sustainability of its high dividend yield.
- 09/18/2024
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Why Icahn Enterprises Blasted Nearly 15% Higher on Monday
- There's nothing like the dismissal of a lawsuit to juice a share price. The suit was based on a research report published by a short-seller.
- 09/16/2024
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Icahn Enterprises says class-action suit following report by short seller Hindenburg Research has been thrown out
- Activist shareholder and billionaire Carl Icahn was taking somewhat of a victory lap Monday, after a judge dismissed a proposed class-action lawsuit against his company, finding it did not make material misrepresentations or omissions as alleged in a report by short seller Hindenburg Research.
- 09/16/2024
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ICAHN ENTERPRISES VINDICATED BY DISMISSAL OF MERITLESS LAWSUIT THAT PARROTED FALSE AND MISLEADING CLAIMS PUBLISHED BY HINDENBURG "RESEARCH"
- SUNNY ISLES BEACH, Fla. , Sept. 16, 2024 /PRNewswire/ -- Icahn Enterprises (IEP) is pleased to announce that the proposed class action lawsuit against IEP and certain directors and officers has been dismissed without prejudice.
- 09/16/2024
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Should You Buy the 3 Highest-Paying Dividend Stocks in the Nasdaq?
- High dividend yields often signal financial struggles rather than lucrative opportunities. The "dogs of the Dow" strategy may not work well with Nasdaq's top-yielding dividend stocks.
- 09/16/2024
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Carl Icahn Goes All In With 78% of His Portfolio In Just 2 Stocks
- Billionaire investor Carl Icahn gained his reputation as a hard-nosed corporate raider in the 1980s.
- 09/15/2024
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Icahn Enterprises L.P. Is Being Investigated For Committing Securities Fraud And Impacted Investors Are Invited To Contact The Schall Law Firm
- LOS ANGELES, CA / ACCESSWIRE / September 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/12/2024
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The Schall Law Firm Urges Shareholders In Icahn Enterprises LP To Join An Inquiry Into Possible Securities Law Violations
- LOS ANGELES, CA / ACCESSWIRE / September 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/11/2024
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IEP yields 38%: why is Carl Icahn's stock falling apart?
- Icahn Enterprises (NASDAQ: IEP) stock price is falling apart as concerns about its dividend safety continues. It has crashed to $10, down by over 40% this year and by over 53% in the last 12 months.
- 09/11/2024
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Icahn Enterprises L.P. Is Being Looked Into By The Schall Law Firm For Committing Securities Fraud And Investors Should Assist
- LOS ANGELES, CA / ACCESSWIRE / September 10, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/10/2024
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The Schall Law Firm Has Launched An Inquiry Into Icahn Enterprises LP For Possible Securities Law Violations And Stakeholders Are Urged To Reach Out
- LOS ANGELES, CA / ACCESSWIRE / September 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/09/2024
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Investors Are Encouraged To Contribute To The Schall Law Firm's Investigation Into Whether Icahn Enterprises L.P. Engaged In Securities Fraud
- LOS ANGELES, CA / ACCESSWIRE / September 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/07/2024
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I Wouldn't Touch This Ultra-High-Yield Dividend Stock With a 10-Foot Pole. Here's Why.
- Icahn Enterprises is the holding company of famed activist investor Carl Icahn. Icahn takes an active investment approach to overhaul companies but has lost significant money on short-selling activities in recent years.
- 09/07/2024
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Icahn Enterprises L.P. May Have Violated Securities Regulations And Shareholders Are Invited To Join The Schall Law Firm's Investigation
- LOS ANGELES, CA / ACCESSWIRE / September 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/06/2024
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Icahn Enterprises LP Investors Who Purchased Shares After 8/2023: The Schall Law Firm Urges Participation In An Inquiry Into Potential Securities Law Violations
- LOS ANGELES, CA / ACCESSWIRE / September 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/05/2024
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IEP ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Icahn Enterprises L.P. Shareholders Who Lost Money
- NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 09/05/2024
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The Schall Law Firm Is Looking Into Icahn Enterprises L.P.'s Possible Securities Fraud And Investors Are Invited To Reach Out To The Firm
- LOS ANGELES, CA / ACCESSWIRE / September 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/04/2024
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Icahn Enterprises L.P. (IEP) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
- NEW YORK, NY / ACCESSWIRE / September 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 09/04/2024
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Icahn Enterprises L.P. Being Investigated on Behalf of Icahn Enterprises L.P.
- NEW YORK, NY / ACCESSWIRE / September 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 09/03/2024
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Investors Who Purchased After 8/2023: Icahn Enterprises LP Is Being Investigated For Securities Related Impropriety And The Schall Law Firm Wants Public Participation
- LOS ANGELES, CA / ACCESSWIRE / September 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/02/2024
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The Schall Law Firm Is Looking Into Icahn Enterprises L.P. For Securities Fraud And Invites Shareholders Who Purchased Shares After August 2023 To Reach Out
- LOS ANGELES, CA / ACCESSWIRE / September 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 09/01/2024
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Investors Who Purchased Shares After 8/2023: Please Contact The Schall Law Firm About An Inquiry Into Whether Icahn Enterprises LP Violated Securities Laws
- LOS ANGELES, CA / ACCESSWIRE / August 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/31/2024
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Icahn Enterprises L.P. May Have Committed Securities Fraud And The Schall Law Firm Is Opening Up An Investigation To Shareholders
- LOS ANGELES, CA / ACCESSWIRE / August 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/30/2024
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Icahn Enterprises L.P. (IEP) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
- NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 08/29/2024
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Investors With Losses In Icahn Enterprises LP Are Urged To Reach Out To The Schall Law Firm About An Investigation Into Securities Law Violations
- LOS ANGELES, CA / ACCESSWIRE / August 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/28/2024
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Icahn Enterprises L.P. Being Investigated on Behalf of Icahn Enterprises L.P.
- NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 08/28/2024
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Icahn Enterprises Is Being Inquired Into For Securities Fraud And The Schall Law Firm Wants Impacted Shareholders To Take Part
- LOS ANGELES, CA / ACCESSWIRE / August 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/27/2024
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ATTENTION Icahn Enterprises L.P. Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your Rights
- NEW YORK, NY / ACCESSWIRE / August 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 08/27/2024
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Why Icahn Enterprises Stock Is Down More Than 11% Today
- Icahn Enterprises plans on issuing up to $400 million worth of newly created shares. The fundraising is being done at a time when it's been suggested that the company isn't actually able to afford its generous dividend payments.
- 08/26/2024
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Icahn Enterprises' stock slides 13% and heads for more than 20-year low after news of sales of up to $400 million of shares
- Icahn Enterprises L.P.'s stock IEP, -12.40% tumbled 13% Monday to put them on track for a more than 20-year low, after Carl Icahn's investing arm filed to sell up to $400 million of its depositary units, in an “at-the-market offering.
- 08/26/2024
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The Schall Law Firm Is Inviting Icahn Enterprises LP Investors To Join An Investigation Into Possible Securities Law Violations
- LOS ANGELES, CA / ACCESSWIRE / August 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/26/2024
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Icahn Enterprises L.P. (IEP) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
- NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 08/26/2024
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A Securities Fraud Inquiry Into Icahn Enterprises LP Has Been Opened And The Schall Law Firm Is Looking For Stockholders To Participate
- LOS ANGELES, CA / ACCESSWIRE / August 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/25/2024
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Should You Buy the 3 Highest-Paying Dividend Stocks in the Nasdaq?
- These Nasdaq stocks offer ultra-high forward dividend yields of between 18% and 33%. All three stocks are down year to date, with two experiencing major declines.
- 08/25/2024
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Icahn Enterprises LP Is Being Investigated By The Schall Law Firm For Possible Securities Violations And Shareholders Are Invited To Reach Out
- LOS ANGELES, CA / ACCESSWIRE / August 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/24/2024
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A Securities Fraud Inquiry Into Icahn Enterprises L.P. Has Been Opened By The Schall Law Firm And Investors With Losses Are Urged To Join
- LOS ANGELES, CA / ACCESSWIRE / August 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/23/2024
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Icahn Enterprises L.P. (IEP) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates
- NEW YORK, NY / ACCESSWIRE / August 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Icahn Enterprises L.P. ("Icahn Enterprises L.P.
- 08/22/2024
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The Schall Law Firm Is Inquiring Into Potential Securities Law Violations By Icahn Enterprises L.P. And Investors With Losses Are Urged To Join
- LOS ANGELES, CA / ACCESSWIRE / August 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/22/2024
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SEC charges Carl Icahn with hiding billions in personal loans
- Icahn will pay a total of $2 million to settle the charges.
- 08/20/2024
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Icahn Enterprises L.P. Shareholders With Losses Are Invited To Participate In The Securities Fraud Investigation With The Schall Law Firm
- LOS ANGELES, CA / ACCESSWIRE / August 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.
- 08/20/2024
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INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Icahn Enterprise LP Common Stock to Contact Law Firm
- NEW YORK , Aug. 19, 2024 /PRNewswire/ -- Moore Law, PLLC, a shareholder law firm located on Wall Street, is investigating potential claims against: Icahn Enterprises LP Common Stock NASDAQ: IEP Shareholders should email Fletcher@fmoorelaw.com The investigation concerns charges filed on Aug. 19, 2024 by the Securities and Exchange Commission against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P.
- 08/19/2024
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IEP Investors Have Opportunity to Join Icahn Enterprises L.P. Securities Fraud Investigation with the Schall Law Firm
- LOS ANGELES--(BUSINESS WIRE)--IEP Investors Have Opportunity to Join Icahn Enterprises L.P. Securities Fraud Investigation with the Schall Law Firm.
- 08/19/2024
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Carl Icahn agrees to pay $2M in SEC's margin loans probe
- Activist investor Carl Icahn has agreed to pay $2 million to settle a probe by the Securities and Exchange Commission. The SEC investigation concerned Icahn's alleged failure to disclose pledges of his public company's securities as collateral for billions of dollars in personal margin loans.
- 08/19/2024
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SEC charges Carl Icahn for failing to disclose stock pledges
- Investor Carl Icahn and his firm Icahn Enterprises LP (NYSE:IEP) have agreed to pay $2 million in penalties to settle charges brought on by the Securities and Exchange Commission (SEC) over his failure to properly disclose billions of dollars worth of stock pledges. Icahn and IEC failed to disclose information related to Icahn's pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements with multiple lenders, the SEC said in a statement on Monday.
- 08/19/2024
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SEC announces charges against Carl Icahn for failing to make needed disclosures relating to personal margin loans
- The Securities and Exchange Commission on Monday announced charges against Carl Icahn and his investment arm Icahn Enterprises L.P. IEP, +1.20% for failing to make disclosures relating to personal margin loans worth billions of dollars that he secured from various lenders.
- 08/19/2024
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SEC Charges Carl Icahn and Icahn Enterprises. What We Know.
- Icahn Enterprises and Icahn agree to pay $1.5 million and $500,000 in civil penalties, respectively, to settle the charges.
- 08/19/2024
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SEC charges Carl Icahn with hiding billions of dollars worth of stock pledges
- SEC charges Carl Icahn with hiding billions of dollars worth of stock pledges
- 08/19/2024
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SEC Charges Carl Icahn and Icahn Enterprises L.P. for Failing to Disclose Pledges of Company's Securities as Collateral for Billions in Personal Loans
- Washington, D.C.--(Newsfile Corp. - August 19, 2024) - The Securities and Exchange Commission today announced charges against Carl C.
- 08/19/2024
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Icahn Enterprises: 25% Yield Maintained, But For How Long?
- We had rated Icahn Enterprises a Sell on the last two occasions. The stock has had negative total returns, despite the large distributions. We examine the recent results and tell you why the announced distribution likely is the last one at that level.
- 08/07/2024
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Icahn Enterprises L.P. (IEP) Q2 2024 Earnings Call Transcript
- Icahn Enterprises L.P. (IEP) Q2 2024 Earnings Call Transcript
- 08/07/2024
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Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Second Quarter 2024 Financial Results
- SUNNY ISLES BEACH, Fla. , Aug. 7, 2024 /PRNewswire/ -- Second quarter net loss attributable to IEP of $331 million, a decline of $62 million over prior year quarter Second quarter Adjusted EBITDA attributable to IEP was a loss of $155 million, compared to $14 million for the prior year quarter Indicative Net Asset Value was approximately $4 billion as of June 30, 2024, a decrease of $969 million compared to March 31, 2024 IEP declares second quarter distribution of $1.00 per depositary unit Financial Summary (Net loss and Adjusted EBITDA figures in commentary below are attributable to Icahn Enterprises, unless otherwise specified) For the three months ended June 30, 2024, revenues were $2.2 billion and net loss was $331 million, or a loss of $0.72 per depositary unit.
- 08/07/2024
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Icahn Enterprises L.P. Announces Q2 2024 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , July 24, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 07/24/2024
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Forget Icahn Enterprises: 2 Energy Stocks to Buy Instead
- Icahn Enterprises' most important business is its controlling stake in CVR Energy. The most appealing aspect of Icahn Enterprises for investors is its huge 23% yield.
- 07/18/2024
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Want $26,000 in Passive Income? Invest $120K in These Dividend Stocks
- While stocks have been hitting all-time highs, investors might not want to sell. However, they might also be in need of passive income.
- 06/26/2024
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Don't Miss These 3 Dividend Stocks to Buy in June
- If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.
- 06/03/2024
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Warren Buffett vs. Carl Icahn: Is Berkshire Hathaway or Icahn Enterprises a Better Stock for You?
- Berkshire Hathaway is the investment vehicle of Wall Street icon Warren Buffett. Icahn Enterprises is the investment vehicle of famous activist investor Carl Icahn.
- 06/03/2024
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Icahn Enterprises: Don't Chase The 24% Yield
- Icahn Enterprises stock is legendary for its 24% yield. Unfortunately, its dividend has been declining over time, and is on the verge of being cut again. The problem is that the company has been paying such a vast percentage of earnings out as dividends that its cash position has dwindled.
- 05/31/2024
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Icahn Enterprises Stock: Buy, Sell, or Hold?
- Icahn Enterprises is the investment vehicle of Carl Icahn. The stock has a huge dividend yield.
- 05/29/2024
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Icahn Enterprises L.P. Announces Closing of $750 Million Senior Notes Offering
- SUNNY ISLES BEACH, Fla. , May 28, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 05/28/2024
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How Much Will Icahn Enterprises Pay Out in Dividends This Year?
- Icahn Enterprises stock has struggled since the start of 2023, losing more than 50% of its value. The dividend was cut in half, yet the current yield remains above 20%.
- 05/28/2024
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Is Icahn Enterprises Stock a Buy?
- Carl Icahn is a legendary investor known for investing in undervalued companies and taking an active role in turning them around. Icahn Enterprises holds several companies and is where Icahn engages in his investing activity.
- 05/23/2024
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Is Icahn Enterprises a Millionaire Maker?
- Icahn Enterprises is the publicly traded investment vehicle of Carl Icahn. The company owns several operating businesses as well as holdings in publicly traded companies.
- 05/17/2024
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Icahn Enterprises L.P. Announces Upsizing and Pricing of Senior Notes
- SUNNY ISLES BEACH, Fla. , May 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 05/13/2024
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Icahn Enterprises: The 22% Yield Keeps Luring In Speculators
- IEP stock underperformed the market over the last 4 months. Base business produces no earnings and revenues were lower compared to last year. Cash levels are decreasing and unit count is increasing.
- 05/13/2024
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Icahn Enterprises to offer $500 million of high-yield six-year bonds
- Icahn Enterprises L.P. IEP, -0.28% said Monday it intends to offer $500 million of high-yield six-year notes in a private placement.
- 05/13/2024
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Icahn Enterprises L.P. Intends to Offer New Senior Notes
- SUNNY ISLES BEACH, Fla. , May 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 05/13/2024
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2 Dividend Stocks to Avoid in May
- Smart Investors Are Quietly Loading Up on These “Dividend Legends” If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.
- 05/12/2024
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Icahn Enterprises L.P. (IEP) Q1 2024 Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Robert Flint - Chief Accounting Officer Andrew Teno - President & Chief Executive Officer Ted Papapostolou - Chief Financial Officer Conference Call Participants Dan Fannon - Jefferies Operator Good morning, and welcome to the Icahn Enterprises LP's First Quarter 2024 Earnings Conference Call with Andrew Teno, President and Chief Executive Officer; Ted Papapostolou, Chief Financial Officer; and Robert Flint, Chief Accounting Officer.
- 05/08/2024
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Why Shares of Icahn Enterprises Are Up Today
- Icahn Enterprises posted a smaller net loss thanks to improvements in its investment portfolio. The holding company kept its highly-scrutinized dividend steady from the previous quarter.
- 05/08/2024
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Icahn Enterprises says it will keep paying its $1 quarterly dividend
- Icahn Enterprises LP's stock was up 2% on Wednesday, after the company backed its $1 quarterly dividend as it reported first-quarter earnings.
- 05/08/2024
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Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its First Quarter 2024 Financial Results
- Sunny Isles Beach, Fla. , May 8, 2024 /PRNewswire/ -- First quarter net loss attributable to IEP of $38 million, an improvement of $232 million over prior year quarter First quarter Adjusted EBITDA attributable to IEP of $134 million, an increase of $39 million over prior year quarter Indicative Net Asset Value was approximately $5 billion as of March 31, 2024, an increase of $194 million compared to December 31, 2023 IEP declares first quarter distribution of $1.00 per depositary unit Financial Summary (Net loss and Adjusted EBITDA figures in commentary below are attributable to Icahn Enterprises, unless otherwise specified) For the three months ended March 31, 2024, revenues were $2.5 billion and net loss was $38 million, or a loss of $0.09 per depositary unit.
- 05/08/2024
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Icahn Enterprises L.P. Announces Q1 2024 Earnings Conference Call
- SUNNY ISLES BEACH, Fla., April 29, 2024 /PRNewswire/ -- Icahn Enterprises L.P.
- 04/29/2024
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Billionaire Investor Carl Icahn Is Betting $6.3 Billion on This 1 Stock
- Carl Icahn is betting big on Icahn Enterprises stock. Shares have lost more than 60% of their value over the past year, potentially creating a buying opportunity.
- 04/13/2024
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Viskase: Global Casing Major Trading At Just 5.5x EV/EBITDA
- Viskase: Global Casing Major Trading At Just 5.5x EV/EBITDA
- 04/09/2024
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Icahn Enterprises: Buy, Sell, or Hold?
- Icahn Enterprises stock offers a lucrative 24% dividend yield. But the company's cash reserves suggest this dividend will be slashed, perhaps soon.
- 04/05/2024
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Is Icahn Enterprises Stock a Millionaire Maker?
- Icahn Enterprises stock has taken a beating recently. Many investors wonder if this is an incredible buying opportunity.
- 03/21/2024
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Icahn's All-In: 3 Stocks Billionaire Carl Icahn Is Betting Big On
- Billionaire investor Carl Icahn developed a reputation as a corporate raider in the 1980s but is better known today as a shareholder activist. He buys large stakes in undervalued companies to push for changes, often through gaining seats on boards of directors.
- 03/18/2024
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High-Yield Dividend Stocks to Avoid: 3 Dangerous Picks
- Dividends that provide a passive source of revenue for investors often seem great on the surface. Stocks with high yields can sometimes indicate a company's instability or solely serve the purpose of attracting investors without offering sustainable returns.
- 03/18/2024
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Is Icahn Enterprises Stock a Buy?
- Icahn Enterprises is the holding company of famed activist investor Carl Icahn. Icahn's investment approach is to take companies and overhaul their management team to increase their value.
- 03/16/2024
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Icahn Enterprises Stock: Buy, Sell, or Hold?
- Icahn Enterprises is a holding company operated by legendary investor Carl Icahn. Shares have pulled back strongly in recent months, causing valuation multiples to sharply decline.
- 03/08/2024
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Want $10,000 in Passive Income? Invest $2,000 in Each of These Dividend Stocks
- No Commission Fees, No Minimums, No Velvet Ropes.
- 03/01/2024
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Icahn Enterprises: Refinancing And NAV Drop Accentuate Risks For Distribution
- Icahn Enterprises has successfully refinanced its 2024 debt, but at a far higher rate. The company's estimated net asset value (NAV) has significantly decreased. The stock looks poised to go lower as distribution is cut again in the coming quarters.
- 02/25/2024
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IEP Stock Falls as Icahn Enterprises Names New CEO
- Conglomerate Icahn Enterprises (NASDAQ: IEP ) — named after its founder, the activist investor Carl Icahn — again found itself treading in red ink. Sparking the negativity was a change in leadership.
- 02/21/2024
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Why Icahn Enterprises Stock Is Falling Today
- IEP is swapping out its CEO and said the net asset value of its holdings fell. The company is holding firm on a dividend that now yields 20%.
- 02/21/2024
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Why Icahn Enterprises Stock Rose on a Down Tuesday for the Market
- Two Icahn lieutenants were tapped to serve on JetBlue's board of directors. This quickly followed news that the activist investor had accumulated a substantial equity stake in the carrier.
- 02/20/2024
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Temenos stock price dives as short-seller Hindenburg takes aim
- Shares in a Swiss software maker plunged as much as 34% on Thursday after short-seller Hindenburg Research accused the company of manipulating its accounts.
- 02/15/2024
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3 Doomed Oil Stocks to Dump Before They Dive: February 2024
- In 2023, energy enterprises grappled with a formidable challenge, a stark departure from the robust rally witnessed in the two preceding years. The Energy Select Sector SPDR Fund (NYSEARCA: XLE ), a vital benchmark, mirrored the plight of the doomed oil stocks with a 2.33% share price decline in the tumultuous past year.
- 02/08/2024
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Billionaire Carl Icahn's Top Stock Offers a Mind-Boggling Dividend Yield of 22% -- and Wall Street Thinks It Will Skyrocket 45% in 2024
- Icahn Enterprises' distribution yield is sky-high, in large part because of its plunging stock price. One Wall Street analyst remains bullish about the beaten-down stock.
- 01/12/2024
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Icahn Enterprises: Collapsed Market Cap, Halved Distribution, This Is Not A Buy
- The master limited partnership is currently paying out a $1 per unit quarterly distribution. A premium to net asset value of 43% is the cost of the substantial 22.1% distribution rate. Icahn Enterprises recorded a dip in revenue and realized a substantial investment loss for its most recent reported quarter.
- 01/10/2024
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Icahn Enterprises: Avoid And Consider CVR Energy Instead
- Carl Icahn holds a large stake in Icahn Enterprises L.P., and directly or indirectly in two other companies, CVR Energy and CVR Partners. IEP cut its distribution in half in August 2023 and faced short attacks, leading to an SEC investigation. CVR Energy and CVR Partners, both MLPs, also offer high-yield distributions and have performed better than IEP over the past 3 years.
- 01/07/2024
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7 Dividend Stocks I Wouldn't Touch With a 10-Foot Pole
- As the markets soar higher following the Federal Reserve's latest decision on interest rates, now may be a great time to jettison any dividend stocks to sell from your portfolio. While stocks overall could continue to perform strongly, company-specific factors can result in poor or even negative returns with many high-yield but low-quality dividend plays.
- 12/18/2023
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Carl Icahn's investing arm's stock closes below $17 again
- Icahn Enterprises L.P.'s stock IEP closed below $17 on Tuesday, sending it back toward recent 19-year lows.
- 11/22/2023
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Icahn Enterprises: From The Right Pocket To The Left Pocket
- Icahn Enterprises has a high dividend yield of 23.16%, but there are red flags that discourage investment. IEP's financial performance over the past decade has been poor, with negative net income and low/negative return on capital. The current NAV per share is too low compared to the price per share.
- 11/21/2023
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The 7 Highest-Yielding Dividend Stocks in November
- Operating under the mantra of ‘more is better,' some income-focused investors seek out the highest-yielding dividend stocks out there. Yet if you think that a super-high yield may in theory sound like an easy path to high returns, it may be best to keep in mind the old adage, “there's no such thing as a free lunch.
- 11/16/2023
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Carl Icahn loses $16.6 billion as his net worth plunges to $6.8 billion
- Carl Icahn, one of the most powerful players in Wall Street, is in trouble. His net worth has been in a freefall as his company's woes mount following a short-seller report that came out a few months ago.
- 11/16/2023
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3 Stocks Gaining Momentum From Activist Investor Action
- S&P Global Market Intelligence recently stated that activists launched 850 investor activism campaigns in the first half of 2023. Despite the recent backlash against ESG (environment, social, and corporate governance) investing, 86% of the activist investor stocks targeted by campaigns had an ESG component.
- 11/13/2023
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Icahn Enterprises: First Cut May Be The Deepest, But The Second One Will Hurt More
- Icahn Enterprises did the first distribution cut on schedule. Q3-2023 financial results were greeted with joy but the dilution is still moving along at a breathtaking speed. The NAV is around $13.00 based on IEP's own calculations and dividend chasers are unlikely to be rewarded over the next 12-15 months.
- 11/05/2023
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Why Is Icahn Enterprises (IEP) Stock Up 10% Today?
- In an effort to right the ship amid hefty losses this year, conglomerate Icahn Enterprises (NASDAQ: IEP ) — controlled by notorious activist investor Carl Icahn — saw its shares pop higher on Friday. Primarily, the company announced a dividend of $1 per share in the third quarter, representing a yield of around 20%, per The Wall Street Journal.
- 11/03/2023
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Icahn Enterprises L.P. (IEP) Q3 2023 Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Jesse Lynn - General Counsel David Willetts - President and CEO Robert Flint - Director of Accounting Conference Call Participants Daniel Fannon - Jefferies Chapin Mechem - Northeast Investors Andrew Berg - Post Advisory Group Operator Good morning, and welcome to the Icahn Enterprises L.P.
- 11/03/2023
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Why Icahn Enterprises Stock Is Up Big Today
- Carl Icahn's holding company reported a loss for the quarter, but, more importantly, it maintained its dividend payout. The company has been under pressure from a short-seller this year, and last quarter cut its dividend in half.
- 11/03/2023
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Icahn Enterprises Stock Jumps on Reassuring News About the Dividend
- Icahn Enterprises halved its dividend last quarter but says Friday it will keep the current $1 payout steady.
- 11/03/2023
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Carl Icahn's investing arm posts Q3 loss but revenue beat and sticks with $1 dividend
- Icahn Enterprises LP's stock IEP, +5.13% rose 4% premarket Friday, after the company posted a third-quarter loss but revenue that was ahead of expectations and said it's sticking with its quarterly dividend. Carl Icahn's investing arm posted a net loss of $6 million, or 1 cent a share, for the quarter, narrower than the loss of $123 million, or 37 cents a share, posted in the year-earlier period.
- 11/03/2023
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3 Stocks to Skip Despite Their Delicious Dividend Yields
- High dividend yields don't always make stocks attractive for investors. Often, stocks with high dividend yields can represent some of the worst investments available.
- 10/26/2023
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Icahn Enterprises's stock falls to fresh 52-week low
- Icahn Enterprises L.P.'s stock IEP, -1.75% dropped almost 2% Thursday to close at a fresh 52-week low of $17.
- 10/13/2023
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Beware! 7 Energy Stocks Waving Massive Red Flags Right Now
- Oil prices are rising again but the energy sector remains volatile. The unpredictability in the sector isn't merely a blip but reflects deeper concerns plaguing the sector, which highlights the importance of energy stocks to sell.
- 09/25/2023
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Beware! 3 Oil Stocks Waving Massive Red Flags Right Now
- In the world of investments, the oil sector continues to oscillate between boom and bust, testing investors' mettle globally. Following the Russian incursion into Ukraine last year, the world was reminded of Russia's role as a cornerstone in Europe's oil supply chain, giving rise to supply fears and speculative investor bids on crude oil.
- 09/21/2023
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Beware! 3 Dividend Stocks Waving Massive Red Flags Right Now.
- Dividends are powerful incentives for investors. Many investors rely on regular dividend payments to provide income.
- 09/20/2023
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You Can't Control Short Sellers, But You Can Control What You Do About Them
- Short sellers try to benefit from stock price declines. Short sellers often put out research to convince other investors to sell the stocks they are targeting.
- 09/07/2023
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Icahn Enterprises: SEC Inquiry, Halved Distribution, 20% Yield From Carl
- Icahn Enterprises has had to cut in half its quarterly distribution to unitholders but still yields 20%. IEP is trading at a premium to its net asset value per unit with bearish sentiment remaining high even after a 61% pullback of its valuation year-to-date. Continued losses and an expanding unit count imply more future NAV per unit downside.
- 09/04/2023
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7 Stocks Sitting At 52-Week Lows Right Now
- Winners and losers emerge from every earnings season. And this year's second quarter has been no different.
- 08/24/2023
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Why Icahn Enterprises Stock Dipped (Again) This Week
- The company just had to cut its dividend payout in half. The investment firm has still struggled mightily this year.
- 08/18/2023
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Carl Icahn offloads Cheniere, Herc
- Activist investor Carl Icahn sold off his entire stakes in Cheniere Energy Inc. LNG, -1.45% and Herc Holdings Inc. HRI, -0.12% during the most recent quarter, according to a filing on Monday, while upping by 11.5% his position in the depositary units of holding company Icahn Enterprises IEP, -2.78%. The quarterly disclosures arrived after Icahn Enterprises, which offers exposure to Icahn's investments, this month halved its quarterly dividend and posted a surprise quarterly loss — results that Icahn himself partially blamed on accusations made earlier in the year by short-seller Hindenburg Research.
- 08/14/2023
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7 Stocks to Leave for Dead After Dismal Q2 Earnings
- Some of the top companies on the market just posted poor second-quarter financial results. While company executives always do their best to put a positive spin on their quarterly numbers.
- 08/10/2023
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Carl Icahn's investing arm's stock slides another 3.8% premarket
- Icahn Enterprises L.P.' stock IEP, -23.23% fell 3.6% premarket Monday, extending Friday's losses after Carl Icahn's investing arm said it's halving its quarterly dividend.
- 08/07/2023
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50 Large-Cap High-Yield Stocks For August
- dogsofthedow.com (DOD) recently published this list of 50 large-cap high-dividend stocks as of 8/3/23 per data from YCharts. The DOD list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly-up." Investors reduce this volatility/risk by searching for high dividends from large well-established companies. For example, YCharts net-gain estimates (updated 8/3/23) for STLA, PBA, ET, BTI, TEF, T, PBR, IEP, VOD & MO ranged 36.88%-65.73%.
- 08/07/2023
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IEP Shares tumble after firm cuts dividend in half
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 08/04/2023
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IEP Stock Alert: Icahn Enterprises Plunges on Dividend Cut
- Icahn Enterprises (NASDAQ: IEP ) stock is plunging lower by more than 20% today after the diversified conglomerate reported second-quarter earnings and announced a quarterly dividend cut of 50% to $1 from $2. IEP stock has been highly volatile following the publication of Hindenburg Research's short report, which alleged that Icahn was at risk of a margin call due to taking on too much leverage against his company, among other things.
- 08/04/2023
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Carl Icahn's firm slashes dividend by 50% after Hindenburg's ‘Ponzi' claim
- Hindenburg said Friday it remained short on the company, in a post on messaging platform X, formerly known as Twitter.
- 08/04/2023
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Carl Icahn Loses Nearly $2 Billion After Firm's Stock Price Plummets 25%
- A jump in quarterly losses and a cut to Icahn Enterprises' dividend led to a 25% stock drop Friday morning.
- 08/04/2023
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Why Icahn Enterprises Stock Is Plunging Today
- Icahn Enterprises was the subject of a short report earlier this year, and the report seems to be affecting operations. Carl Icahn has already restructured his debt in response to the criticism, and on Friday, Icahn Enterprises cut its dividend in half.
- 08/04/2023
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Icahn Enterprises: Distribution Cut, Don't Get Too Comfortable With The 18% Yield
- IEP reported a weak Q2 2023 with a $417 million loss and a decrease in indicative net asset value. The company's generous distribution policy is unsustainable, and a distribution elimination is likely in the near future. Bond holders are selling off due to the insufficient distribution cut and the drop in NAV, posing refinancing problems in the future.
- 08/04/2023
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Icahn Enterprises: Dividend Gets Whacked
- Icahn Enterprises L.P. has cut its dividend in half, causing a 35% drop in its share price. The company's strategy of paying out a high dividend that exceeded its profits and cash flows has faced criticism. Icahn Enterprises' net asset value per share has dropped considerably, and further declines are possible due to dilution from issuing new shares as dividends.
- 08/04/2023
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Carl Icahn's company stock drops 30% after IEP slashes quarterly dividend in half
- Carl Icahn's conglomerate Icahn Enterprises slashed quarterly dividend in half amid notable short seller Hindenburg Research's campaign.
- 08/04/2023
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Activist investor Carl Icahn regrets oversized short positions as his firm's stock drops on slashed dividend
- Activist investor Carl Icahn has expressed regrets over his investment firm Icahn Enterprises' short-selling strategy in recent years, saying they hedged far more than was necessary. He wrote in a letter to unitholders along with the release of the firm's second quarter financial results: “As compelling as the above numbers are, they would have been far more impressive had we not strayed over the past several years from our activist methodology and shorted (hedged) far more than was necessary.
- 08/04/2023
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Icahn Enterprises' stock slides 28% premarket after company halves quarterly distribution to $1 per unit
- Icahn Enterprises L.P.'s stock IEP, -1.83% tumbled 28% in premarket trade Friday, after the company said it's cuttings its quarterly distribution to $1 from $2 previously.
- 08/04/2023
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Icahn Enterprises L.P. Announces Q2 2023 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , July 28, 2023 /PRNewswire/ -- Icahn Enterprises L.P.
- 07/28/2023
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3 High-Yield Cheap Stocks With Dividends to Boost Your Portfolio
- Stock dividends continue to be important for investors. One of the best ways to generate regular income, dividends can be especially helpful to retirees living on a fixed income and relying on quarterly stock payments to provide them with funds to survive.
- 07/19/2023
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3 Doomed Dividend Stocks Destined for Disaster
- While passive income typically represents a solid goal for most investors, the below doomed dividend stocks to avoid confirm that there's no such thing as a risk-free sector. It's like buying a used car.
- 07/16/2023
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Icahn Enterprises Has Bottomed Out
- Icahn Enterprises LP ( IEP , Financial) is at a critical juncture. Despite facing a drastic reduction in stock price following a short seller's report from Hindenburg Research, the company boasts strong fundamentals that breed optimism.
- 07/11/2023
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Carl Icahn's fortune jumps by $1 billion as new loan agreement boosts his company's stock 22%
- Shares in Icahn Enterprises rose as much as 22% Monday as Carl Icahn amended loans. The loans were tied to the company's share price, and a point of criticism by Hindenburg Research.
- 07/10/2023
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Stock Soars After Carl Icahn Restructures Loans
- Icahn Enterprises Inc (NASDAQ:IEP) is in the spotlight today, after Carl Icahn officially untied his personal loans from the trading price of the company shares, addressing short-seller accusations from May.
- 07/10/2023
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Icahn Enterprises Shares Soar After Carl Icahn and Banks Strike Deal on Loans
- Icahn Enterprises shares soared about 20% in trading on Monday after Carl Icahn and banks amended agreements that untie his personal loans from Icahn Enterprises L.P.'s stock price.
- 07/10/2023
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Surveillance: Stocks on the move this morning: Rivian, Alibaba, Ichan
- Rivian, Alibaba and Icahn Enterprises. @lisaabramowicz1 with the top moving stocks this morning.
- 07/10/2023
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Carl Icahn renegotiates loan terms, decoupling from Icahn Enterprises and sending shares soaring
- Carl Icahn, the renowned activist investor, has successfully renegotiated loan terms with a group of banks, the Wall Street Journal reported, sending shares of his holding company Icahn Enterprises soaring on Monday. The renegotiation marked a significant move to stabilize his investment firm after shares in Icahn's firm plummeted due to a scathing report by short seller Hindenburg Research.
- 07/10/2023
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Carl Icahn gets breathing room from lenders following short-seller attack
- Carl Icahn's has detached his personal loans from Icahn Enterprises reducing risk for investors and addressing short-seller Hindenburg's concerns.
- 07/10/2023
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Carl Icahn gets breathing room from banks after short seller Hindenburg's attack
- Shares of Icahn Enterprises soared Monday after reaching deals with Bank of America and others.
- 07/10/2023
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Why Icahn Enterprises Stock Is Up Big Today
- The company has been under pressure since May, when a short-seller report was published criticizing it and its famous controlling shareholder. Carl Icahn has reworked personal loans to separate them from the company's stock, eliminating a key criticism from the report.
- 07/10/2023
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Icahn Enterprises stock surges after founder untangles loans from share price: Report
- Yahoo Finance Live anchors Julie Hyman and Brad Smith report on Billionaire investor Carl Icahn finalizing agreements with banks to separate his own personal loans from the share price of Icahn Enterprises, according to a report from the Wall Street Journal.
- 07/10/2023
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Icahn Enterprises Shares Jump To 7-Week High As Billionaire Chief Reportedly Fixes Loan Issue Flagged By Short-Sellers
- Shares of the billionaire investor's holding company are still down more than 30% since Hindenburg Research revealed its short position on the firm May 2.
- 07/10/2023
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Monday Morning's Moves Have Carl Icahn Smiling
- Stock index futures suggested a flat open on Monday morning. Carl Icahn reportedly renegotiated personal loans that had a positive impact on Icahn Enterprises shares.
- 07/10/2023
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5 Things to Know Before Markets Open
- Fed speakers are set to give their views on recent economic data and shares of electric vehicle maker Fisker fell after announcing a convertible debt plan. Here's what investors need to know today.
- 07/10/2023
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Icahn Enterprises Stock Jumps. It May Have Fought Off Short-Seller Attack.
- Icahn and banks agreed to untie his personal loans from the trading price of Icahn Enterprises shares, The Wall Street Journal reported.
- 07/10/2023
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Icahn Enterprises shares jump on report of loan agreement and other stocks on the move
- Stock gainers: Icahn Enterprises shares IEP, -0.91% jumped 5%. The Wall Street Journal reported that Carl Icahn and banks finalized amended loan agreements Sunday that untie his personal loans from the trading price of his company's shares.
- 07/10/2023
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Icahn Enterprises shares climb on report of amended loan agreement
- Icahn Enterprises shares IEP, -0.91% jumped 5% in premarket trade. The Wall Street Journal reported that Carl Icahn and banks finalized amended loan agreements Sunday that untie his personal loans from the trading price of his company's shares.
- 07/10/2023
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Icahn Enterprises: 2 More Rate Hikes Could Seal The Deal On The Distribution
- Icahn Enterprises has moved sideways since our last article. Resilient core inflation and a stronger job market likely force more Fed hikes. Icahn Enterprises has $3 billion in refinancing needs over the next 3 years, 60% of NAV.
- 07/07/2023
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Here's Why Icahn Enterprises Units Gained 29% in June
- Icahn Enterprises was crushed in May following bombshell accusations in a short-seller's report. The MLP's distribution yield climbed so high that investors bought units aggressively in June.
- 07/05/2023
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July's Top 50 Large-Cap High-Yield Dividend Stocks
- Dogsofthedow.com recently published this list of 50 large-cap high-dividend stocks as of 6/29/23. This list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly-up”. Investors reduce volatility/risk by limiting high-dividend searches to large-well-established companies. For example, net gain estimates (as-of-6/29/23) for PXD, WES, TEF, DVN, T, ET, STLA, PBR, BTI, & topped-by VOD, ranged 31.24%-56.04%.
- 07/01/2023
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3 Most Undervalued, High-Yield Stocks to Buy Now
- Stocks that pay dividends can be great for investors. After all, who doesn't like to receive a regular payment from their investments?
- 06/29/2023
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3 Dangerous Dividend Stocks to Avoid at All Costs in June
- Dividend payments can be both a blessing and a curse for investors. On the positive side, dividends reward stockholders with profit sharing.
- 06/08/2023
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Why Icahn Enterprises Lost Half Its Value in May
- A short-seller called Icahn Enterprises overvalued, saying it relies on a "Ponzi-like" structure to fund its dividend. Federal officials are also investigating.
- 06/01/2023
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Is This The Collapse of Icahn Enterprises?
- Icahn Enterprises L.P. NASDAQ: IEP is a diversified holding company founded in 1987 by famous American Investor Carl Icahn.
- 06/01/2023
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June's Top 50 Large-Cap High-Yield Dividend Stocks
- Dogsofthedow.com originally published this list of 50 large-cap high-dividend stocks as-of 5/5/23. This list targeted-investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly-up." Limiting investors high-dividend search to large, well-established companies reduces this volatility/risk. For example, YCharts net-gain estimates from 5/29/23 for RIO, T, ET, CHK, BBVA, VOD, BTI, STLA, EC, & PBR ranged 40.39%-74.75%.
- 05/31/2023
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Bill Ackman Questions the Valuation of Carl Icahn's Firm: The Billionaires' Feud Explained
- Recently, the investment research firm Hindenburg Research issued a short report on Carl Icahn's Icahn Enterprises. Bill Ackman called the report "fascinating" on Twitter and seemed to agree with several parts of the short thesis.
- 05/31/2023
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Icahn Enterprises: Breaking down the Short Seller Report
- Carl Icahn (Trades, Portfolio) is a legendary investor who is known for being Wall Street's most feared corporate raider, or activist investor. Recently, his investment vehicle Icahn Enterprises ( IEP , Financial) has gotten a taste of its own medicine from a scathing short seller report by the notorious Hindenburg Research.
- 05/30/2023
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Icahn Enterprises: Thanks For The Early Retirement, Hindenburg
- Icahn Enterprises shares have been crushed following short-seller Hindenburg's report on the company being overleveraged. However, with little fundamental change and the company maintaining their $2.00 per share in quarterly distributions, the near 40% annual yield is extremely attractive. The reward clearly outweighs the risks here, I believe, and I've turned increasingly bullish on Icahn Enterprises' future prospects.
- 05/30/2023
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Carl Icahn's investing arm slides another 3% Friday to bring month-to-date losses to 61%
- Icahn Enterprises LP's stock IEP, -3.93% fell another 3% Friday to extend its month-to-date losses to 61%. The stock has been under pressure since a May 2 report by short-selling firm Hindenburg Research that accused Icahn's publicly traded investment vehicl eof inflating asset values and causing his company to trade at a large premium.
- 05/26/2023
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5 Things to Know Before Markets Open
- The Labor Department will release its latest inflation reading and Ford electric vehicle owners will soon be able to use Tesla charging stations. Here's what investors need to know today.
- 05/26/2023
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Why Icahn Enterprises Stock Collapsed This Week
- Icahn Enterprises is an investment vehicle run by Carl Icahn. Short-sellers are alleging the stock is overvalued due to strange financial engineering tactics.
- 05/25/2023
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Icahn Enterprises: Share Price Drops, Yield Soars
- IEP has seen its shares drop around 60%. Bill Ackman added to the selling pressure experienced by IEP via his recent comments.
- 05/25/2023
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Bill Ackman Sends Carl Icahn's IEP Stock Down 20%
- When hedge fund managers lock horns, investors certainly perk up and pay attention. Notable adversaries for years, hedge fund managers Bill Ackman and Carl Icahn have once again dropped the gloves.
- 05/25/2023
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Shares of Carl Icahn's hedge fund drop 25% after attack from rival Bill Ackman
- Ackman's tweet echoed Hindenburg's allegation that Icahn Enterprises was relying on a "Ponzi-like structure" to pay dividends.
- 05/25/2023
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Illumina shareholders vote to install Carl Icahn board nominee, oust chair
- Carl Icahn has accused Illumina's management and board of poor oversight, particularly with regard to the company's acquisition of cancer test maker Grail.
- 05/25/2023
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Carl Icahn's investment arm tumbles 21% after Ackman weighs in on Hindenburg report
- The stock of Icahn Enterprises LP IEP, -18.65% tumbled 21% Thursday, a day after billionaire hedge-fund manager Bill Ackman, founder and chief executive of Pershing Square Capital Management, revived his longstanding feud with Carl Icahn in commentary on a recent short seller report. That report by Hindenburg Research accused Icahn's publicly traded investment vehicle of inflating asset values and and causing his company to trade at a large premium.
- 05/25/2023
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Icahn Enterprises Stock Continues to Drop. Bill Ackman Weighs In.
- A long-running feud between activist hedge fund managers Carl Icahn and Bill Ackman is revived as the latter tweets about the embattled shares of the former's investment vehicle.
- 05/25/2023
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Why Icahn Enterprises LP Is Plunging Today
- Icahn Enterprises has been under siege by short-sellers for nearly a month now. The company's units are under heavy pressure again today following a critical tweet from hedge fund manager Bill Ackman.
- 05/25/2023
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Bill Ackman reignites feud with nemesis Carl Icahn after Hindenburg report
- Bill Ackman twisted the knife into old rival Carl Icahn on Wednesday with a broadside attack that questioned the valuation of the famed activist investor's flagship firm, whose company has become the target of short-seller Hindenburg Research.
- 05/24/2023
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Bill Ackman resurrects billionaire feud, saying Carl Icahn needs a friend
- That was billionaire hedge fund manager Bill Ackman, founder and chief executive of hedge fund Pershing Square Capital Management, resurrecting his longstanding feud with billionaire activist investor Carl Icahn in a tweet Wednesday.
- 05/24/2023
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Icahn Enterprises: Distribution Maintained, But Bonds And Options Are Not Biting
- Icahn Enterprises picked up the gauntlet thrown by Hindenburg Research. The distribution was maintained and the $2.00 per unit payment must be a sweet victory to those that believed in the cause.
- 05/23/2023
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3 Stocks to Sell Before the Short Selling Ban Is Passed
- The practice of short selling is highly controversial and under renewed threat from regulators and politicians who are considering a ban on the practice. Short selling is essentially when traders and investors bet that a stock's price is going to decline over a certain period of time.
- 05/22/2023
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Carl Icahn admits he was wrong to take a huge short position on the market that lost $9 billion
- That's Carl Icahn, legendary activist investor and billionaire, admitting in a Financial Times interview that he was wrong when he made a massive bet that the stock market would crash.
- 05/18/2023
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7 Red-Flag Stocks That You Need to Avoid Like the Plague
- Under the remarkable bull market cycle that materialized soon after the spring doldrums of 2020, the idea of red-flag stocks to avoid like the plague would have seemed a distant and ridiculous concept. However, amid geopolitical flashpoints, stubbornly high inflation, and a banking sector crisis, it's never been more important to cut losses.
- 05/14/2023
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Icahn Enterprises: Diving Into the Falling Knife
- On May 2, a report from Hindenburg Research made a bold statement: “Icahn has been using money taken in from new investors to pay out dividends to old investors."
- 05/12/2023
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Carl Icahn's company's stock rises 6% premarket
- Icahn Enterprises LP's stock IEP, -1.77% rose 6% premarket Friday, after closing down almost 2% on Thursday, after short seller Hindenburg Research intensified his bearish bet on Carl Icahn's investing arm, and said he was taking aim at its bonds. Hindenburg, run by Nate Anderson, said the latest disclosures made Wednesday by IEP raised more questions about Icahn's personal margin loans, or debt, from the company as well as portfolio losses at IEP.
- 05/12/2023
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Hindenburg Slams Carl Icahn's IEP Stock With a Second Short Report
- Notorious short seller Hindenburg Research has released an updated short report on Carl Icahn's Icahn Enterprises (NASDAQ: IEP ). Today, IEP stock closed down by nearly 2%.
- 05/11/2023
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Why Icahn Enterprises Tanked This Week
- Icahn Enterprises has been under attack from short-sellers this month. Earlier this week, the company posted underwhelming results for the first quarter, causing its shares to tumble further.
- 05/11/2023
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Icahn Enterprise Stock Has Tumbled 36%. The Short-Seller Saga Isn't Over.
- Hindenburg Research's claims about the company have forced investors to pay attention to a problem that was lurking in plain sight.
- 05/11/2023
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Icahn Enterprises stock continues sliding on news of federal probe
- Yahoo Finances Live discusses a slide in shares of Icahn Enterprises after the company revealed in an SEC filing that the company is under investigation from federal prosecutors.
- 05/11/2023
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Carl Icahn's company's stock falls another 8% as short seller Hindenburg says latest disclosures raise more questions about margin loans
- Icahn Enterprises LP's stock IEP fell another 8% premarket Thursday, after short seller Hindenburg Research issued another report on Carl Icahn's investing arm, saying disclosures made Wednesday raised more questions about Icahn's margin loans from the company. Nate Anderson-backed Hindenburg published a report on IEP on May 2, accusing it of inflating asset values and questioning Icahn's own borrowing using his units as collateral.
- 05/11/2023
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Icahn Enterprises Falls on Request from Federal Prosecutors
- Billionaire Carl Icahn's investment firm fell as much as 20% after disclosing that federal prosecutors had reached out seeking information. Separately, the firm hit back in detail for the first time against short-selling firm Hindenburg Research's report.
- 05/10/2023
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These Stocks Are Moving the Most Today: Upstart, Topgolf, RingCentral, Icahn Enterprises, Twilio, and More
- Upstart stock surges after an upbeat outlook and progress on funding, Topgolf offers disappointing guidance, and RingCentral delivers an earnings beat.
- 05/10/2023
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IEP Stock Alert: Regulators Request Information From Icahn Enterprises
- Billionaire Carl Icahn — an individual who essentially brought activist investing to the mainstream — generated headlines again, with his conglomerate Icahn Enterprises (NASDAQ: IEP ) falling sharply on Wednesday. Suffering from a short-seller report by Hindenburg Research, IEP's disclosures revealed that regulators are now seeking additional information about the conglomerate's corporate guidance.
- 05/10/2023
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Carl Icahn launches Blitzkrieg against short-seller Hindenburg Research
- Icahn Enterprises L.P. IEP on Wednesday issued a firm rebuttal against a short-selling report accusing it of inflating asset values that has shaved some $6 billion of its market cap in a few weeks.
- 05/10/2023
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Icahn Enterprises says U.S. regulators have ‘not made any claims or allegations,' with regard to investigation
- Icahn Enterprises L.P. IEP disclosed Wednesday in its 10-Q quarterly filing that on May 3, it was contacted by the U.S. regulators, seeking information, including materials on corporate governance, capitalization, securities offerings and valuation.
- 05/10/2023
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Icahn's investment company discloses federal investigation — and earnings call yields zero questions
- Carl Icahn's investment arm disclosed a federal investigation of its business on Wednesday, just weeks after a short-seller report accused it of inflating asset values and wiped $4 billion off its market value in a single day.
- 05/10/2023
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Icahn Enterprises Under Investigation by Federal Prosecutors
- Inquiry from U.S. Attorney came a day after short seller's report.
- 05/10/2023
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U.S. stock futures climb as inflation continues to cool
- U.S. stock index futures climbed on Wednesday after data showed U.S. consumer price inflation cooled to lowest annual rate in two years in April, though the core inflation, which excludes food and energy prices, remains stickier.
- 05/10/2023
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Icahn Enterprises faces unexpected quarterly loss as market volatility impacts investments
- Icahn Enterprises LP (NYSE:IEP), the investment company led by billionaire Carl Icahn, reported an unexpected loss for the quarter, resulting from market volatility that affected its investment returns. The news caused a drop of nearly 12% in the company's shares before the market opened.
- 05/10/2023
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Icahn Enterprises stock slides premarket after company swings to first-quarter loss
- Icahn Enterprises L.P. IEP, the investing arm of billionaire activist investor Carl Icahn, said Wednesday it had a net loss of $270 million, or 75 cents per depositary unit, in the first quarter, after income of $323 million, or $1.06 a unit, in the year-earlier period.
- 05/10/2023
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Is commercial real estate about to keel over? What tightening lending standards have historically meant for the economy.
- Spending on big ticket items like cars and houses normalized a while ago. But in Airbnb's pedestrian outlook, is there finally a sign that revenge travel after the pandemic has reached its peak?
- 05/10/2023
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43 May 2023 Ideal Dividend Large-Cap High-Yield Stocks
- Dogsofthedow.com published this May list of 50 Large Cap High Dividend stocks 5/5/23. Dogsofthedow.com published this list for investors who “don't want to simply focus on high dividend yield only to discover the stock price plunging or the corporation has gone belly-up."
- 05/09/2023
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Icahn Enterprises L.P.: Carl Icahn Strikes Back
- Icahn Enterprises recently became the target of a short seller attack, resulting in a massive decline in the company's valuation. However, the holding company just announced a new $2.00 per-unit dividend, resulting in a huge rebound in the unit price on Friday.
- 05/09/2023
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Icahn Enterprises (IEP) Surges 26.7%: Is This an Indication of Further Gains?
- Icahn Enterprises (IEP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 05/08/2023
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Icahn Enterprises (IEP) Stock Gains 20% Following Dividend Announcement
- Embattled conglomerate Icahn Enterprises (NASDAQ: IEP ) regained a sizable amount of market value following steep losses earlier this week. Short-selling specialist Hindenburg Research blasted Icahn for overvaluing its holdings, per Reuters.
- 05/05/2023
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Why Icahn Enterprises Stock Was Crashing This Week
- Icahn Enterprises is a publicly traded investment fund. Hindenburg Research initiated a short report saying it was overvalued.
- 05/05/2023
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Icahn Enterprises stock bouncing, after suffering worst 8-day performance in 15 years
- Shares of Icahn Enterprises L.P. IEP, the investment arm of billionaire activist investor Carl Icahn, jumped 9.6% in premarket trading Friday, putting them on track to snap their worst eight-day stretch in 15 years.
- 05/05/2023
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IEP stock price forecast: 4 reasons to avoid Icahn Enterprises shares
- Icahn Enterprises (NASDAQ: IEP) stock price has been one of the worst performers in Wall Street this week. Shares of Carl Icahn's company closed the day at $28.52 on Thursday, the lowest level since April 2020.
- 05/05/2023
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Icahn Enterprises to distribute $2/unit, says it does not face liquidity problems
- Activist investor Carl Icahn's Icahn Enterprises L.P. IEP, -7.61% told investors late Thursday that the company does not face liquidity problems and it will declare a distribution of $2 per unit for the quarter ended March 31.
- 05/04/2023
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Icahn Enterprises: Shares Are Not The Best Yield Play
- Icahn Enterprises crashed as the short seller report surfaced. The yield has gone to an incredible 25%.
- 05/04/2023
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'I think he's earned it', says Wolfpack's Dan David on criticism leveled at Carl Icahn's group
- Dan David, Wolfpack Research founder and activist short-seller, joins 'Last Call' to talk Hindenburg's targeting of Carl Icahn's 'Ichan Enterprises', the stock reaction, Chinese stocks, and more.
- 05/03/2023
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Hindenburg's short-seller report highlights Carl Icahn's margin loan, as stock tumbles a second day
- On Tuesday, Wall Street was riveted by a report from short seller Nate Anderson's Hindenburg Research that targeted legendary billionaire investor Carl Icahn. Anderson highlighted issues that had been relatively well known for years, like that Icahn's investment fund had suffered a decadelong losing streak and that his public company had been paying out rich dividends while raising $1.7 billion by selling shares in the stock market.
- 05/03/2023
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Why Icahn Enterprises LP Is Plunging Again Today
- Icahn Enterprises is reeling from a short-seller report. The MLP's depository units have lost over 40% of their value over the past two trading sessions.
- 05/03/2023
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Icahn Enterprises: How Good Is This 25% Yield?
- IEP has been the subject of a short report. IEP has a history of massively beating the market.
- 05/03/2023
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Icahn Enterprises' stock slides another 20% to put additional $2.6 billion of market cap at risk
- Icahn Enterprises LP shares fell another 20% on Wednesday, extending their prior-day losses in the continued fallout from a short seller's report that was critical of the investment arm of activist investor Carl Icahn.
- 05/03/2023
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5 Big Investors Betting on Icahn Enterprises (IEP) Stock
- Icahn Enterprises (NASDAQ: IEP ) was targeted by short seller Hindenburg Research on May 2, sending IEP stock down 20%. IEP opened today, May 3, at under $40 per share, after opening on May 2 at over $50.
- 05/03/2023
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Corporate raider Carl Icahn latest target of Hindenburg Research big short
- Activist investor and “corporate raider” Carl Icahn's Icahn Enterprises LP conglomerate is the latest high-profile target of renowned short-selling firm Hindenburg Research. In a detailed report published on Tuesday laying the thesis for a short sell on the Florida-based investment company, Hindenburg contended that Icahn's share price is 75% overinflated.
- 05/03/2023
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Short investor Hindenburg erases fifth of Icahn empire's value
- Hindenburg Research, the short investor whose reports on companies have erased a big chunk of their value, criticized Icahn Enterprises LP (IEP) on Tuesday over the reporting of its finances, leading to a 20% drop in the shares of activist investor Carl Icahn's firm.
- 05/02/2023
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Icahn's Wealth Plunges $10 Billion on Short Report
- Shares in billionaire Carl Icahn's investment firm plunged 20% in a record one day drop after a negative report by short seller Hindenburg Research. Su Keenan reports on Bloomberg Television.
- 05/02/2023
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Icahn Enterprises stock drops following Hindenburg Research's concerns, short position
- Yahoo Finance's Josh Schafer joins the Live Show to discuss Hindenburg Research's report claiming "Ponzi-like" business concerns surrounding shares of Icahn Enterprises, founded by majority shareholder Carl Icahn, as the stock hits a 52-week low.
- 05/02/2023
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Why Icahn Enterprises LP Cratered Today
- Hindenburg Research, a noted short-seller, released a critical report of billionaire Carl Icahn's namesake holding company today. In response, the company's unit price dove in value during Tuesday's trading session.
- 05/02/2023
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Hindenburg Research goes after famed activist investor Carl Icahn
- CNBC's Scott Wapner joins 'Halftime Report' to discuss Hindenburg Research taking aim at Carl Icahn's IEP.
- 05/02/2023
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Carl Icahn and Icahn Enterprises targeted by short seller Hindenburg Research; stock falls 17%
- Icahn Enterprises LP (NYSE:IEP) shares slid more than 17% to $41.72 on Tuesday after infamous short seller Hindenburg Research revealed that it has taken a short position against activist investor Carl Icahn's publicly-traded holding company, alleging “inflated” asset valuations, among other reasons. “Overall, we think Icahn, a legend of Wall Street, has made a classic mistake of taking on too much leverage in the face of sustained losses: a combination that rarely ends well,” Hindenburg Research wrote in a note published on Tuesday.
- 05/02/2023
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IEP Stock Alert: Hindenburg Just Fired a HUGE Blow at Carl Icahn
- Shares of Carl Icahn's closed-end holding company, Icahn Enterprises (NASDAQ: IEP ), are down more than 15% today following the publication of a short report by Hindenburg Research. Together, Icahn and his son, Brett, own about 85% of Icahn Enterprises.
- 05/02/2023
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Icahn Enterprises stock skids lower as short seller Hindenburg puts Carl Icahn's company in crosshairs
- Icahn Enterprises LP stock tumbled 16% late-Tuesday morning, after short seller Hindenburg Research issued a negative report against the investment arm of activist investor Carl Icahn.
- 05/02/2023
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Carl Icahn's Holding Company Tumbles After Short-Seller Report
- Hindenburg Research questions Icahn Enterprises' policies on asset valuations and its dividend policy.
- 05/02/2023
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Hindenburg takes aim at Carl Icahn's empire
- Icahn Enterprises LP (NASDAQ: IEP) tanked nearly 20% this morning after Hindenburg Research revealed a short position in billionaire Carl Icahn's empire. IEP doesn't deserve the current premium On Tuesday, the short seller blasted Icahn Enterprises that it said was similar in structure to a Ponzi scheme.
- 05/02/2023
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Icahn Enterprises L.P. Announces Q1 2023 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , April 28, 2023 /PRNewswire/ -- Icahn Enterprises L.P.
- 04/28/2023
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How to Make a 15% Yield With Iconic Investor Carl Icahn
- Carl Icahn has most of his net worth in Icahn Enterprises. The stock's 15% distribution yield may look like a red flag.
- 04/13/2023
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Carl Icahn blasts Illumina for nearly doubling CEO's pay despite steep drop in market value
- Activist investor Carl Icahn ramped up his proxy fight against Illumina with a blistering statement.
- 03/31/2023
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Carl Icahn wants to bring back Illumina's ex-CEO 'immediately' as proxy fight intensifies
- Icahn said Illumina should bring back former CEO Jay Flatley, saying current management is making the mistake of holding onto the $7.1 billion Grail deal.
- 03/29/2023
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This Fund Company You've Never Heard Of Is Blowing The Doors Off
- You don't have to be a giant firm to win multiple Best Mutual Funds Awards for 2023. One of this firm's funds saw a nearly 32% return last year.
- 03/23/2023
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Biotech company Illumina pushes back against Carl Icahn's proxy fight over $7.1 billion Grail deal
- Illumina pushed back against Carl Icahn's proxy fight over the Grail deal, saying it's committed to maximizing shareholder value as it works with regulators.
- 03/20/2023
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Carl Icahn says our economy is breaking because of inflation and poor corporate leadership
- Famed activist and raider Carl Icahn believes the U.S. economy is in trouble because of poor corporate leadership and stubbornly high inflation.
- 03/14/2023
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Icahn Enterprises L.P. (IEP) Q4 2022 Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Rob Flint - Director of Accounting David Willetts - President & CEO Ted Papapostolou - CFO Conference Call Participants Daniel Fannon - Jefferies Andrew Berg - Post Advisory Group Bruce Monrad - Northeast Investor Group Operator Good morning and welcome to the Icahn Enterprises L.P.
- 02/24/2023
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Berkshire Earnings: Should Investors Buy Warren Buffett's Stock?
- While everyone knows him as a brilliant stock picker and portfolio manager, he is also the shepherd of some 70 companies under the Berkshire Hathaway umbrella
- 02/23/2023
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Here's What to Expect From Icahn Enterprises (IEP) Q4 Earnings
- Strength in the Energy unit due to an increase in gasoline prices is likely to have aided Icahn Enterprises' (IEP) Q4 earnings. Weakness in the aftermarket parts business might have hurt the same.
- 02/17/2023
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Icahn Enterprises L.P. Announces Q4 2022 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , Feb. 16, 2023 /PRNewswire/ -- Icahn Enterprises L.P.
- 02/16/2023
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3 Ultra-High-Yield Dividend Stocks You Won't Regret Owning in 2023
- These high-yield dividend equities can deliver solid returns in 2023 and beyond.
- 02/02/2023
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Icahn Enterprises Is An Interesting Hedge Against A Recession
- Icahn Enterprises' current $2.00 quarterly distribution results in a 15% yield based on the latest unit price. The high yield protects against a recession because the distribution is not really based on current income results.
- 01/27/2023
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Icahn Enterprises: One Year Later, Still Trapped In A Vicious Cycle
- Icahn Enterprises offers a very desirable distribution, which presently carries a very high 15%+ yield. Although, this is masking a hidden ugly side that I previously warned against one year prior, as it leaves it risky.
- 01/23/2023
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New Strong Sell Stocks for December 28th
- ARCE, KMX and IEP have been added to the Zacks Rank #5 (Strong Sell) List on December 28, 2022.
- 12/28/2022
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4 Toxic Stocks That Can Drag Down Your Portfolio Performance
- IEP, VWDRY, MGM and DZSI are a few toxic stocks that you should dump now to avoid portfolio bleeding.
- 12/16/2022
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Icahn Enterprises: Will The 15% Dividend Yield Last?
- Icahn Enterprises L.P. is an industrial goods conglomerate company. The latest Q3 report showed important results in the Energy sector.
- 12/05/2022
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The 7 Best Dividend Stocks to Buy in November
- There are many reasons to be upbeat about dividend stocks right now. The Federal Reserve appears to be ready to slow down the pace of its interest rate hikes.
- 11/27/2022
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Carl Icahn's Firm Flies High With Elon Musk's Twitter
- Carl Icahn (Trades, Portfolio), manager of Icahn Capital Management, disclosed in a regulatory filing his top trades during the third quarter included new holdings of Twitter Inc. ( TWTR , Financial) and Crown Holdings Inc. ( CCK , Financial), boosts to his positions in Icahn Enterprises LP ( IEP , Financial) and Southwest Gas Holdings ( SWX , Financial) and a reduction to the Chenire Energy ( LNG , Financial) investment.
- 11/21/2022
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Distance Yourself From These 4 Toxic Stocks to Avoid Losses
- Identifying toxic stocks and abandoning them at an accurate time is the key to protect your portfolio from big losses. IEP, MGM, VWDRY and IHRT are a few such toxic stocks you should dump right away.
- 11/15/2022
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Carl Icahn says he still thinks we are in a bear market despite Thursday's rally
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Icahn Enterprises L.P. (IEP) Q3 2022 Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Rob Flint - Director of Accounting David Willetts - President & Chief Executive Officer Ted Papapostolou - Chief Financial Officer Conference Call Participants Daniel Fannon - Jefferies Bruce Monrad - Northeast Investors Operator Good morning and welcome to the Icahn Enterprises L.P.
- 11/04/2022
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What's in Store for Icahn Enterprises (IEP) in Q3 Earnings?
- Icahn Enterprises' (IEP) Q3 earnings are likely to have benefited from strong performances of the Energy and Home Fashion segment, partly offset by weakness in the Pharma and Automotive segments.
- 11/01/2022
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Icahn Enterprises L.P. Announces Q3 2022 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , Oct. 28, 2022 /PRNewswire/ -- Icahn Enterprises L.P.
- 10/28/2022
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Billionaire Makes Bank: Carl Icahn Boasts A 30% Return Despite 2022's Market Crash
- Billionaire Carl Icahn saw the net asset value of Icahn Enterprises (NASDAQ: IEP) increase by nearly 30% in the first six months
- 10/25/2022
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3 Top-Ranked Stocks With Dividend Yields Greater Than 5%
- Targeting dividend-paying stocks is a lucrative strategy that allows investors to receive a steady income stream, providing extra cushion to drawdowns in other positions.
- 09/21/2022
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Icahn Enterprises: Sustainable Dividend And Improving Fundamentals
- Icahn Enterprises pays a 15% yield for you to hold its shares. The sustainability of that dividend is the main question on investors' minds as it sometimes seems like it's 'too good to be true'.
- 09/16/2022
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5 Low-Beta High-Yielding Stocks for a Likely Volatile September
- We have narrowed our search to five large-cap low-beta stocks with a solid dividend yield. These are: ETR, IEP, SO, NI, NNN.
- 08/31/2022
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Activist Meister eyes up another possible conglomerate break-up to unlock value
- Corvex was founded in 2011 by Keith Meister, Carl Icahn's former lieutenant who served as CEO and vice chairman of Icahn Enterprises.
- 08/13/2022
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Here's Why Momentum in Icahn Enterprises (IEP) Should Keep going
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Icahn Enterprises (IEP) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 08/12/2022
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Icahn Enterprises LP (IEP) CEO David Willetts on Q2 2022 Results - Earnings Call Transcript
- Icahn Enterprises LP (NASDAQ:IEP ) Q2 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants Jesse Lynn - General Counsel David Willetts - President, CEO & Director Ted Papapostolou - CFO, Director & Secretary Conference Call Participants Chapin Mechem - Northeast Investors Trust Daniel Fannon - Jefferies Operator Good morning, and welcome to the Icahn Enterprises L.P. Q2 2022 Earnings Call with Jesse Lynn, General Counsel; David Willetts, President and CEO; and Ted Papapostolou, Chief Financial Officer.
- 08/05/2022
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3 High-Yield Stocks With Remarkable Earnings Growth
- Receiving a steady stream of income paired with the potential of stock price appreciation can generate serious returns over time.
- 08/02/2022
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Icahn Enterprises L.P. Announces Q2 2022 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , July 29, 2022 /PRNewswire/ -- Icahn Enterprises L.P.
- 07/29/2022
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7 Nasdaq Stocks to Buy and Hold Forever
- Current market conditions are unfavorable to Nasdaq stocks, but these seven are great long-term buy and hold opportunities. The post 7 Nasdaq Stocks to Buy and Hold Forever appeared first on InvestorPlace.
- 06/13/2022
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Icahn Enterprises L.P. (IEP) CEO David Willetts on Q1 2022 Results - Earnings Call Transcript
- Icahn Enterprises L.P. (NASDAQ:IEP ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Rob Flint - Director of Accounting David Willetts - President and CEO Ted Papapostolou - CFO Conference Call Participants Andrew Berg - Post Advisory Group Operator Good morning, and welcome to the Icahn Enterprises L.P.
- 05/06/2022
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Icahn Enterprises L.P. Announces Q1 2022 Earnings Conference Call
- SUNNY ISLES BEACH, Fla. , April 27, 2022 /PRNewswire/ -- Icahn Enterprises L.P.
- 04/27/2022
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97 March 10%+Yield Dividend Dogs But 2 Were Overpriced
- 97 March 10%+Yield Dividend Dogs But 2 Were Overpriced
- 03/27/2022
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Learning From Carl Icahn's Investing Approach
- Carl Icahn (Trades, Portfolio) has built a fantastic reputation for himself as an investor and trader over the past several decades.
- 03/07/2022
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Icahn Enterprises L.P. (IEP) CEO David Willetts on Q4 2021 Results - Earnings Call Transcript
- Icahn Enterprises L.P. (IEP) CEO David Willetts on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Icahn Enterprises L.P. Announces Q4 and Full Year 2021 Earnings Conference Call
- SUNNY ISLES BEACH, Fla., Feb. 17, 2022 /PRNewswire/ -- Icahn Enterprises L.P.
- 02/17/2022
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10 Best Stocks to Buy for Your Income-Generating Portfolio
- Rising interest rates have investors wondering what stocks to buy. If you're income-focused, these 10 provide good income generation.
- 01/28/2022
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Icahn Enterprises: The Hidden Ugly Side Of Their 15% Yield
- Icahn Enterprises: The Hidden Ugly Side Of Their 15% Yield
- 01/10/2022
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Carl Icahn Ups Dana Stake as He Gains 2 Board Seats
- After boosting the stake in Dana Inc. ( DAN , Financial) during the third quarter, renowned investor Carl Icahn (Trades, Portfolio) disclosed this week he further increased his firm's position by 0.05%.
- 01/07/2022
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Carl Icahn's $40 Billion Missed Opportunity
- I like to study other investors' mistakes as part of my investing process. I believe this is one of the best ways to learn and develop as an investor, and it is a lot less painful than making the mistakes myself.
- 01/05/2022
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Stock Market Crash Coming? 7 Wall Street Pros Make Their Predictions
- December is when analysts and banks issue their extensive stock market outlook and winning stocks for the new year. The post Stock Market Crash Coming?
- 12/29/2021
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83 November 10%+ Yield Dividend Dogs
- Dividend dog 10%+ Yield November data are all sourced from YCharts. Many were discarded for unsustainable-dividends above 25%; others were deleted for infrequent-dividends. Not all have paid consistent annual-dividends. Analyst top-ten target net-gain estimates from these 83 bargain-basement dogs 11/23/21 ranged 20.01%-100.74% from AGPYY, KUMBF, FSUMF, IEP, ELP, QIWI, VALE, CYD, EGLE, and top pick SCU per YCharts data.
- 11/25/2021
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Icahn Enterprises: A 15% Yield To Turn A Small Investment Into A Big One
- Icahn Enterprises currently yields over 15%, which can turn a $500 initial investment into just shy of $1 million in about 30 years.
- 11/18/2021
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Icahn Enterprises L.P. (IEP) CEO Aris Kekedjian on Q3 2021 Results - Earnings Call Transcript
- Icahn Enterprises L.P. (IEP) CEO Aris Kekedjian on Q3 2021 Results - Earnings Call Transcript
- 11/02/2021
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Icahn Enterprises To Sell PSC Metals For ~$290M
- Icahn Enterprises LP (NASDAQ: IEP) subsidiary, American Entertainment Properties Corp., has agreed to sell 100% of the equity interests in PSC Metals, LLC to SA Recycling LLC, for total consideration of ~$290 million, including debt. As of June 30, 2021, Icahn Enterprises had carried PSC Metals on its balance sheet at a value of $141 million.
- 10/29/2021
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Icahn Enterprises: 14.05% Yield Worth A Look For An Income Investor
- A reader had asked my thoughts on Icahn Enterprises, I'm sharing my findings here. The main allure to IEP would have to be to invest alongside Carl Icahn and a ~14% distribution yield.
- 10/25/2021
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65 October 10%+ Yield Dividend Dogs Priced At $5-66
- 65 October 10%+ Yield Dividend Dogs Priced At $5-66
- 10/21/2021
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Dividend Sleuthing: Icahn Enterprises L.P.
- Dividend Sleuthing: Icahn Enterprises L.P.
- 10/18/2021
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Carl Icahn: The Tech Investor That Missed Out
- Carl Icahn (Trades, Portfolio) was one of the most successful investors of the last century. Unlike many other Wall Street elites, Icahn, who grew up in Queens, could not tap wealthy family members and friends to start his career.
- 10/07/2021
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Carl Icahn Leans Into Icahn Enterprises Holding
- Carl Icahn (Trades, Portfolio) has revealed another addition to his Icahn Enterprises LP ( IEP , Financial) holding according to GuruFocus' Real-Time Picks, a Premium feature.
- 10/04/2021
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September Readers Reveal 38 Ideal Dividend Dogs Primed To Buy
- August 30-September 23, 2021 readers mentioned 46 equities in their comments. Some lamented bad news, so bad news investments (rogues) mixed with (mostly) favorites. Hence, these are the ReFa/Ro. Ten analyst-target-estimated top net gain reader faves and rogues, QIWI, IEP, IMBBY, BTI CHMI, EPD, MAGS, LTC, HQH, and T, averaged 39.21% net gains from data collected 9/30/21.
- 10/02/2021
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Icahn Enterprises: 16% Dividend Yield And Market Correction Protection
- Icahn Enterprises will likely maintain the current dividend, yielding 16% at current prices.
- 09/29/2021
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66 Ideal 10%+Yield Dividend Stocks Priced $5-$83 For September
- These dividend dog 10%+Yield@$5-$83 data are all sourced from YCharts. Many were discarded for unsustainable-dividends above 25%; others were deleted for infrequent-dividends. Not all have paid consistent annual dividends. Analyst top-ten target net-gain estimates for these 67 bargain-basement dogs 9/20/21 ranged 40.05%-76.02% from BSBR, PBFX, CPAC, IEP, PAX, SCU, VALE, QIWI, CYD, and top pick, SBSW per YCharts data.
- 09/23/2021
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10 Oversold Stocks to Buy for the Final Quarter
- Despite hot markets there are plenty of stocks to buy whose relative strength index (RSI) indicates they are oversold. Here are 10 options.
- 09/23/2021
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The 10 Richest People on Wall Street and How to Invest in Them
- Knowing what stocks the richest people on Wall Street currently own could help you find potential winners for your portfolio. The post The 10 Richest People on Wall Street and How to Invest in Them appeared first on InvestorPlace.
- 09/10/2021
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Former Icahn Enterprises chief to lead struggling Lordstown Motors
- The former chief executive of Icahn Enterprises will take over at Lordstown Motors two months after the former CEO and chief financial officer stepped down amid doubts over the number of orders placed for the electric truck startup's marquee vehicle.
- 08/26/2021
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Lordstown Motors stock jumps 20% after it names ex-Icahn Enterprises head as CEO
- Shares of Lordstown Motors Corp. rallied more than 20% on Thursday, boosted by news that the electric-vehicle maker has named a former Icahn Enterprises LP head as chief executive.
- 08/26/2021
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Lordstown Motors names former Icahn Enterprises CEO Daniel A. Ninivaggi as CEO with immediate effect
- Electric vehicle maker Lordstown Motors Corp. RIDE, -4.17% said Thursday it has named Daniel A. Ninivaggi as chief executive with immediate effect.
- 08/26/2021
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10%+ Yield Dividend Stocks Priced At $5-$64 For August Tag 44 Ideal Dogs
- These dividend dog 10%+ Yield at $5-$64 data are all sourced from YCharts. Many were discarded for unsustainable dividends above 25%; others were cast out for infrequent dividends. Analyst top-ten target net-gain estimates for these 44 bargain basement dogs 8/11/21 ranged 17.96%-75.08% from FLTDF, SRLP, RC, KNOP, IEP, ORC, MBT, CHMI, CYD, and top pick, CPAC per YCharts.
- 08/13/2021
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Icahn Enterprises's (IEP) CEO Aris Kekedjian on Q2 2021 Results - Earnings Call Transcript
- Icahn Enterprises's (IEP) CEO Aris Kekedjian on Q2 2021 Results - Earnings Call Transcript
- 08/06/2021
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Icahn Enterprises L.P. Reports Second Quarter 2021 Financial Results
- SUNNY ISLES BEACH, Fla., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (Nasdaq:IEP) is reporting second quarter 2021 revenues of $3.0 billion and net loss attributable to Icahn Enterprises of $136 million, or a loss of $0.53 per depositary unit. For the three months ended June 30, 2020, revenues were $2.7 billion and net income attributable to Icahn Enterprises was $299 million, or $1.36 per depositary unit. For the three months ended June 30, 2021, Adjusted EBITDA attributable to Icahn Enterprises was $192 million compared to $696 million for the three months ended June 30, 2020.
- 08/06/2021
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Icahn Enterprises Likely To Maintain Dividends As Economy Rebounds
- Mr. Icahn and his associates own 92% of the company, while the public changes hands on the remaining 8% traded on the NASDAQ, influencing its daily price.
- 07/27/2021
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10%+Yield Dividend Stocks Priced $2-$60 For June Boast 50
- 10%+Yield Dividend Stocks Priced $2-$60 For June Boast 50
- 06/17/2021
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3 Dividend Stocks to Sell That Look Ripe For A Rate Cut
- Dividend stocks are a great way of generating income, but these investments become much less attractive when an dividend cut looks not only probable, but imminent. The post 3 Dividend Stocks to Sell That Look Ripe For A Rate Cut appeared first on InvestorPlace.
- 06/07/2021
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Carl Icahn Downsizes Delek Stake
- Having held the position steady for over a year, Carl Icahn (Trades, Portfolio) disclosed earlier this week he reduced his firm's stake in Delek US Holdings Inc. ( DK , Financial) by 29.21%.
- 06/02/2021
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3 High-Yield MLPs That Are Not in the Energy Sector
- You may think MLPs are synonymous with the energy sector, but there are options even if you want to avoid oil. Here are 3 great choices.
- 06/01/2021
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Grand Harbor Golf & Beach Club is moving forward!
- VERO BEACH, Fla., May 23, 2021 /PRNewswire/ -- GRAND HARBOR GOLF & BEACH CLUB, INC.
- 05/23/2021
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Icahn Enterprises L.P. (IEP) CEO Keith Cozza on Q1 2021 Results - Earnings Call Transcript
- Icahn Enterprises L.P. (IEP) CEO Keith Cozza on Q1 2021 Results - Earnings Call Transcript
- 05/07/2021
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Icahn Enterprises L.P. Reports First Quarter 2021 Financial Results
- SUNNY ISLES BEACH, Fla., May 07, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (Nasdaq:IEP) is reporting first quarter 2021 revenues of $3.4 billion and net income attributable to Icahn Enterprises of $162 million, or $0.65 per depositary unit. For the three months ended March 31, 2020, revenues were $(60) million and net loss attributable to Icahn Enterprises was $1.4 billion, or a loss of $6.34 per depositary unit. For the three months ended March 31, 2021, Adjusted EBITDA attributable to Icahn Enterprises was $435 million compared to $(1.3) billion for the three months ended March 31, 2020. For the three months ended March 31, 2021, Adjusted EBIT attributable to Icahn Enterprises was $342 million compared to $(1.4) billion for the three months ended March 31, 2020.
- 05/07/2021
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Icahn Enterprises L.P. Announces Q1 2021 Earnings Conference Call
- SUNNY ISLES BEACH, Fla., April 28, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (Nasdaq:IEP) announced today that it will discuss its first quarter 2021 results on a conference call and webcast on Friday, May 7, 2021 - 10:00 a.m. Eastern Time. The webcast can be viewed live on Icahn Enterprises L.P.'s website at www.ielp.com. It will be archived and made available at www.ielp.com under the Investor Relations section. The toll-free dial-in number for the conference call in the United States is (866) 393-0676. The international number is (253) 237-1149. The passcode to access the conference call is 7479065.
- 04/28/2021
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7 Diversified Capital Allocator Stocks To Buy
- These stocks to buy have a history of successful capital allocation and are the equivalent of cost-free managed portfolios. The post 7 Diversified Capital Allocator Stocks To Buy appeared first on InvestorPlace.
- 04/22/2021
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55 10%+Yield Dividend Stocks Priced $5-$56 For April
- These dividend dog prices are all sourced from YCharts. Six or more were discarded for unsustainable dividends above 25%.
- 04/15/2021
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Icahn Enterprises L.P. Announces Closing of $455 Million Senior Notes Offering
- SUNNY ISLES BEACH, Fla., April 12, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises L.P., the “Issuers”), consummated their offering of $455,000,000 aggregate principal amount of 5.250% Senior Notes due 2027 (the “Notes”) in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”) (such offering, the “Notes Offering”). The Notes were issued under an indenture, dated as of December 12, 2019, by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and are guaranteed by the Guarantor. The net proceeds from the Notes Offering will be used to redeem all of the Issuers' existing 6.250% Senior Notes due 2022 on or about the date hereof, pursuant to the Issuers' previously announced notice of conditional redemption.
- 04/12/2021
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Icahn Enterprises (IEP) Prices $455M Senior Notes Offering
- Icahn Enterprises (IEP) prices senior notes offering. It intends to use net proceeds for the redemption of other senior notes that are due to mature in 2022.
- 04/12/2021
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Icahn Enterprises L.P. Announces Pricing of Senior Notes
- SUNNY ISLES BEACH, Fla., April 08, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Issuers”), priced their offering of $455,000,000 aggregate principal amount of additional 5.250% Senior Notes due 2027 (the “Notes”) at an offering price of 102.000%, plus accrued interest from November 15, 2020, in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”) (such offering, the “Notes Offering”). The Notes Offering is expected to close on April 12, 2021, subject to customary closing conditions. The Notes will be issued under the indenture dated as of December 12, 2019, by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and will be guaranteed by the Guarantor. The net proceeds from the Notes Offering will be used to redeem all of the Issuers' existing 6.250% Senior Notes due 2022 pursuant to the Issuers' previously announced notice of conditional redemption. There can be no assurance that the issuance and sale of any debt securities will be consummated, that the conditions precedent to the redemption will be satisfied, or that the redemption will occur.
- 04/08/2021
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Icahn Enterprises L.P. Intends to Offer New Senior Notes
- SUNNY ISLES BEACH, Fla., April 08, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Issuers”), intends to commence an offering of additional 5.250% Senior Notes due 2027 (the “Notes”) for issuance in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued under the indenture dated as of December 12, 2019, by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and will be guaranteed by the Guarantor. The net proceeds from the offering will be used to redeem the Issuers' existing 6.250% Senior Notes due 2022 pursuant to the Issuers' previously announced notice of conditional redemption. There can be no assurance that the issuance and sale of any debt securities of the Issuers will be consummated, that the conditions precedent to the redemption will be satisfied, or that the redemption will occur.
- 04/08/2021
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Carl Icahn Names Former GE Executive as New Icahn Enterprises CEO
- Billionaire investor Carl Icahn (Trades, Portfolio) revealed that former General Electric Co. (NYSE:GE) executive Aris Kekedjian was chosen to take charge of his namesake investment firm, Icahn Enterprises LP (NASDAQ:IEP).
- 04/05/2021
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Former GE exec Kekedjian to head Carl Icahn's investment firm
- Activist investor Carl Icahn's investment firm, Icahn Enterprises LP, named Aris Kekedjian, a former General Electric Co executive, as its president and chief executive officer on Monday.
- 04/05/2021
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Icahn Enterprises CEO Keith Cozza leaves after 7 years in the role, to be succeeded by former GE CIO
- Billionaire investor Carl Icahn's namesake holding company Icahn Enterprises L.P. said Chief Executive Keith Cozza was leaving after running the company for the past seven years, saying he was pursuing other opportunities as he was "unable to move Florida.
- 04/05/2021
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Icahn Enterprises names Aris Kekedjian as its new Chief Executive Officer
- Activist investor Carl Icahn said on Sunday that Icahn Enterprises LP (NASDAQ: IEP) will name Aris Kekedjian as its new CEO. Kekedjian had the role of Chief Investment Officer at the U.S. conglomerate until 2019 and has also served at General Electric in the past as a co-executive.
- 04/05/2021
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Icahn Enterprises Hires Former GE M&A Head To Be New CEO
- Billionaire investor Carl Icahn's investment firm Icahn Enterprises (NASDAQ: IEP) has hired a former General Electric Co (NYSE: GE) executive as the company's CEO, the Wall Street Journal reported on Sunday. What Happened: Aris Kekedjian, a 30-year GE veteran, left the company in 2019 where he was leading the conglomerate's M&A strategy as the Chief Investment Officer since 2016.
- 04/05/2021
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The Wall Street Journal: Carl Icahn to name former GE exec as CEO of his company
- After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own.
- 04/04/2021
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Carl Icahn names a former GE executive as CEO of Icahn Enterprises: WSJ
- Billionaire fund manager Carl Icahn has named a former General Electric executive as CEO of Icahn Enterprises, the Wall Street Journal reported Sunday. In an interview with the Journal, the activist investor said Aris Kekedjian will take over as CEO and chief operating officer on Monday. Kekedjian spent three decades at GE, and was the company's chief investment officer until 2019, the Journal reported.
- 04/04/2021
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Carl Icahn names former GE executive Kekedjian to lead Icahn Enterprises, WSJ reports
- Carl Icahn has named the former General Electric executive, Aris Kekedjian, to take the helm at his namesake investment firm, Icahn Enterprises, the billionaire businessman told The Wall Street Journal in an interview published on Sunday.
- 04/04/2021
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Icahn Enterprises L.P. (IEP) CEO Keith Cozza on Q4 2020 Results - Earnings Call Transcript
- Icahn Enterprises L.P. (IEP) CEO Keith Cozza on Q4 2020 Results - Earnings Call Transcript
- 02/26/2021
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Icahn Enterprises L.P. Reports Fourth Quarter and Full Year 2020 Financial Results
- SUNNY ISLES BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (Nasdaq:IEP) is reporting fourth quarter 2020 revenues of $2.8 billion and net income attributable to Icahn Enterprises of $146 million, or $0.61 per depositary unit. For the three months ended December 31, 2019, revenues were $2.6 billion and net loss attributable to Icahn Enterprises was $157 million, or a loss of $0.74 per depositary unit, including a loss of $149 million from continuing operations, or a loss of $0.70 per depositary unit. For the three months ended December 31, 2020, Adjusted EBITDA attributable to Icahn Enterprises was $420 million compared to $111 million for the three months ended December 31, 2019. For the three months ended December 31, 2020, Adjusted EBIT attributable to Icahn Enterprises was $328 million compared to $22 million for the three months ended December 31, 2019.
- 02/26/2021
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Icahn Enterprises L.P. Announces Q4 and Full Year 2020 Earnings Conference Call
- SUNNY ISLES BEACH, Fla., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (Nasdaq:IEP) announced today that it will discuss its fourth quarter and full year 2020 results on a conference call and webcast on Friday, February 26, 2021 - 10:00 a.m. Eastern Time. The webcast can be viewed live on Icahn Enterprises L.P.'s website at www.ielp.com. It will be archived and made available at www.ielp.com under the Investor Relations section. The toll-free dial-in number for the conference call in the United States is (866) 393-0676. The international number is (253) 237-1149. The passcode to access the conference call is 1395923.
- 02/17/2021
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Icahn Enterprises L.P. Announces Closing of $750 Million Senior Notes Offering
- SUNNY ISLES BEACH, Fla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) – Icahn Enterprises L.P. (“Icahn Enterprises”) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Issuers”), consummated their offering of $750,000,000 aggregate principal amount of 4.375% Senior Notes due 2029 (the “Notes”) in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”) (such offering, the “Notes Offering”). The Notes were issued under an indenture, dated as of the date hereof, by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and are guaranteed by the Guarantor. The net proceeds from the Notes Offering will be used to redeem a portion of the Issuers' existing 6.250% Senior Notes due 2022 pursuant to the Issuers' previously announced notice of conditional redemption.
- 01/19/2021
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SandRidge Trounces Market, Still Undervalued
- SandRidge Trounces Market, Still Undervalued
- 01/15/2021
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US Market Kicks Off 2021 Significantly Overvalued
- On Monday, the first trading day of 2021, Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio)'s favorite market indicator stood at 135.1%.
- 01/04/2021
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Icahn Enterprises L.P. Announces Upsizing and Pricing of Senior Notes
- SUNNY ISLES BEACH, Fla., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) – Icahn Enterprises L.P. (“Icahn Enterprises”) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Issuers”), priced their offering of $750,000,000 aggregate principal amount of 4.375% Senior Notes due 2029 (the “Notes”) in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”) (such offering, the “Notes Offering”). The aggregate principal amount represents an increase in the size of the Notes Offering of $250,000,000 from the previously announced offering of $500,000,000. The Notes Offering is expected to close on January 19, 2021, subject to customary closing conditions. The Notes will be issued under an indenture by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and will be guaranteed by the Guarantor. The net proceeds from the Notes Offering will be used to redeem a portion of the Issuers' existing 6.250% Senior Notes due 2022 pursuant to the Issuers' previously announced notice of conditional redemption. There can be no assurance that the issuance and sale of any debt securities will be consummated, that the conditions precedent to the redemption will be satisfied, or that the redemption will occur.
- 01/04/2021
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Icahn Enterprises L.P. Intends to Offer New Senior Notes
- SUNNY ISLES BEACH, Fla., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) – Icahn Enterprises L.P. (“Icahn Enterprises”) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Issuers”), intends to commence an offering of Senior Notes due 2029 (the “Notes”) for issuance in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued under an indenture by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and will be guaranteed by the Guarantor. The net proceeds from the offering will be used to redeem a portion of the Issuers' existing 6.250% Senior Notes due 2022 pursuant to the Issuers' previously announced notice of conditional redemption. There can be no assurance that the issuance and sale of any debt securities of the Issuers will be consummated, that the conditions precedent to the redemption will be satisfied, or that the redemption will occur.
- 01/04/2021
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Notable Insider Buys Of The Past Week: Danimer Scientific, Cheniere Energy Partners And More
- Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there has been due to the pandemic resurgence and political issues.
- 01/02/2021
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Carl Icahn Boosts Icahn Enterprises Stake
- Carl Icahn (Trades, Portfolio) has revealed a boost in his stake of Icahn Enterprises LP (NASDAQ:IEP) according to GuruFocus' Real-Time Picks, a Premium feature.
- 12/31/2020
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Should You Scoop Up These 10 Highest-Yielding Dividend Stocks of 2020?
- These 10 stocks could be great buys if the real estate and energy sectors recover next year.
- 12/28/2020
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Icahn Enterprises: Too High A Premium For Genius
- Icahn Enterprises: Too High A Premium For Genius
- 12/21/2020
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A Trio of High Dividend Yield Stock Picks
- The three companies listed below appeal to the dividend investor, as their stocks are more than doubling the S&P 500 Index in terms of a higher dividend yield. The S&P 500 dividend yields 1.59% as of Wednesday, Dec. 16.
- 12/17/2020
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Notable Insider Buys of the Past Week: Foot Locker, Icahn Enterprises, Kraft Heinz And More
- Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there was before and after the elections and as the pandemic worsens.
- 12/05/2020
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Icahn Enterprises L.P. (IEP) CEO Keith Cozza on Q3 2020 Results - Earnings Call Transcript
- Icahn Enterprises L.P. (IEP) CEO Keith Cozza on Q3 2020 Results - Earnings Call Transcript
- 11/06/2020
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Icahn Enterprises L.P. Reports Third Quarter 2020 Financial Results
- SUNNY ISLES BEACH, Fla., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ:IEP) is reporting third quarter 2020 revenues of $722 million and net loss attributable to Icahn Enterprises of $714 million, or a loss of $3.14 per depositary unit. For the three months ended September 30, 2019, revenues were $2.3 billion and net loss attributable to Icahn Enterprises was $49 million, or a loss of $0.24 per depositary unit. For the three months ended September 30, 2020, Adjusted EBITDA attributable to Icahn Enterprises was $(550) million compared to $(121) million for the three months ended September 30, 2019. For the three months ended September 30, 2020, Adjusted EBIT attributable to Icahn Enterprises was $(637) million compared to $(209) million for the three months ended September 30, 2019.
- 11/06/2020
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Icahn Enterprises L.P. Announces Q3 2020 Earnings Conference Call
- SUNNY ISLES BEACH, Fla., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ:IEP) announced today that it will discuss its third quarter 2020 results on a conference call and webcast on Friday, November 6, 2020 - 10:00 a.m. Eastern Time. The webcast can be viewed live on Icahn Enterprises L.P.'s website at www.ielp.com. It will be archived and made available at www.ielp.com under the Investor Relations section. The toll-free dial-in number for the conference call in the United States is (866) 393-0676. The international number is (253) 237-1149. The passcode to access the conference call is 8991187.
- 10/28/2020
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Dow futures rise more than 100 points as traders await for clues on new fiscal stimulus
- U.S. stock futures rose on Thursday night as Wall Street continued to search for clarity surrounding a new potential fiscal aid bill.
- 10/08/2020
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Icahn Enterprises LP (NASDAQ:IEP) Shares Sold by PNC Financial Services Group Inc.
- PNC Financial Services Group Inc. cut its holdings in shares of Icahn Enterprises LP (NASDAQ:IEP) by 15.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,503 shares of the conglomerate’s stock after selling 1,176 shares during the quarter. PNC Financial Services Group Inc.’s holdings […]
- 10/02/2020
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¿Carl Icahn está listo para jubilarse? | Invezz
- El multimillonario y legendario activista inversionista Carl Icahn está un paso más cerca de la jubilación después de que su hijo Brett se reincorpore a la oficina familiar Icahn Enterprises LP (NASDAQ: IEP), informó The Wall Street Journal. Plan de sucesión Icahn tiene 84 años y no tiene planes inmediatos de dejar la firma que lleva su nombre. Seguirá a cargo de la oficina familiar que no ha aceptado dinero externo durante varios años y cuenta con un valor de mercado de más de $10 mil millones de dólares. Icahn no ha perdido el ritmo a pesar de su avanzada
- 10/01/2020
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WSJ News Exclusive | Brett Icahn Poised to Rejoin His Father’s Firm
- Carl Icahn will remain in charge of Icahn Enterprises for now, but the company will adopt a plan for his son Brett to succeed him as chairman and chief executive of its investment segment within seven years.
- 09/30/2020
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HealthQuarters and Mount Sinai Health System Promise to Deliver Curated, Comprehensive Health and Wellness Experience
- HealthQuarters, a new destination for curated and clinically-backed health and wellness services, to-day announces new venture with Mount Sinai.
- 09/16/2020
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Tracking Carl Icahn's Portfolio - Q2 2020 Update
- Carl Icahn's 13F portfolio value increased from $18B to $19.72B this quarter. HP Inc.
- 08/27/2020
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Herbalife CEO says sales are growing as people realize that 'health is wealth'
- "And they're looking for companies like ours that can supply them with healthy nutrition," Herbalife CEO Dr. John Agwunobi told CNBC.
- 08/24/2020
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Icahn Enterprises (IEP) Upgraded to Buy: Here's What You Should Know
- Icahn Enterprises (IEP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- 08/14/2020
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Herbalife Stake Is Cut to 15.5% by Investor Icahn
- Investor Carl Icahn sold 14.7 million Herbalife shares, reducing his holding to 15.5%. He remains the supplements company's largest holder.
- 08/12/2020
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Icahn sells over $700 million worth of Herbalife stock, but remains largest shareholder
- Shares of Herbalife Nutrition Ltd. fell 2.1% in morning trading Wednesday, after billionaire activist investor Carl Icahn said his Icahn Enterprises L.P. sold 14.7 million of the nutritional supplements company's shares, which reduced its stake in the company by about 42%. Icahn said the stock sale was part of Herbalife's self-tender offer, in which it accepts to buy back up to $750 million worth of its shares at $48.75 each. At that price, the 14.7 million shares Icahn sold would be valued at $716.6 million. Icahn remains Herbalife's largest shareholder with about 20.5 million shares, or 15.5% of the shares outstanding. Herbalife's stock has dropped 8.6% amid a four-day losing streak, since it closed at a 14-month high of $52.63 on Aug. 6. The stock has gained 0.8% year to date, while the S&P 500 has tacked on 4.3%.
- 08/12/2020
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Carl Icahn Scores $1.3 Billion Windfall on Bet Against Shopping Malls
- (Bloomberg) -- Investor Carl Icahn’s bet on the downfall of brick-and-mortar retailers produced a $1.3 billion gain during the first half of the year.The profit came from a short position on commercial mortgage backed securities, Icahn Enterprises LP said Monday in a regulatory filing. Icahn’s publicly traded holding company has committed capital to his proprietary investment funds and thus reports on their returns quarterly.Icahn, 84, began making the bet, frequently called the “mall short,” in mid-2019 by purchasing credit default insurance using CMBX 6, an index highly exposed to shopping mall loans. The likelihood of defaults soared in March as the Covid-19 pandemic led to store closures and prompted more consumers to shop online, accelerating a trend already well underway.A representative for Icahn Enterprises declined to comment.Icahn has shied away from specifying the exact size of the position, though he told Bloomberg in April, “We have billions and billions on the short side of this.” As of July 3, traders had wagered a net $8.3 billion on the BBB- slice of CMBX 6 and an additional $2.2 billion on the junk-rated portion of the index, according to the International Swaps & Derivatives Association.Icahn’s investment unit generated an 11.7% gain during the second quarter and a loss of 7.9% in the six months, according to the filing. Icahn’s six-year bet on Hertz Global Holdings Inc. came to an end with a loss of almost $1.6 billion when the rental-car company filed for bankruptcy protection in May.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/11/2020
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U.S. refiners' biofuel bills soar in oil market slump
- U.S. refiners' biofuel bills soar in oil market slump
- 08/11/2020
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ICAHN ENTERPRISES L P : Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q) | MarketScreener
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Icahn Enterprises L.P. : Reports Second Quarter 2020 Financial Results | MarketScreener
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Icahn Enterprises (IEP) Q2 2020 Earnings Call Transcript | The Motley Fool
- IEP earnings call for the period ending June 30, 2020.
- 08/07/2020
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Icahn Enterprises L.P. Reports Second Quarter 2020 Financial Results | MarketScreener
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Icahn Enterprises L.P. Reports Second Quarter 2020 Financial Results
- * Second quarter net income attributable to Icahn Enterprises of $299 million, or $1.36 per depositary unit * Board approves quarterly distribution of $2.00 per depositary unitSUNNY ISLES BEACH, Fla., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ:IEP) is reporting second quarter 2020 revenues of $2.7 billion and net income attributable to Icahn Enterprises of $299 million, or $1.36 per depositary unit. For the three months ended June 30, 2019, revenues were $2.2 billion and net loss attributable to Icahn Enterprises was $498 million, or $2.49 per depositary unit, including a loss of $474 million from continuing operations, or $2.37 per depositary unit. For the three months ended June 30, 2020, Adjusted EBITDA attributable to Icahn Enterprises was $695 million compared to $(257) million for the three months ended June 30, 2019. For the three months ended June 30, 2020, Adjusted EBIT attributable to Icahn Enterprises was $607 million compared to $(349) million for the three months ended June 30, 2019.For the six months ended June 30, 2020, revenues were $2.6 billion and net loss attributable to Icahn Enterprises was $1.1 billion, or a loss of $4.97 per depositary unit. For the six months ended June 30, 2019, revenues were $4.1 billion and net loss attributable to Icahn Enterprises was $892 million, or a loss of $4.51 per depositary unit, including a loss of $868 million from continuing operations, or $4.39 per depositary unit. For the six months ended June 30, 2020, Adjusted EBITDA attributable to Icahn Enterprises was $(609) million compared to $(452) million for the six months ended June 30, 2019. For the six months ended June 30, 2020, Adjusted EBIT attributable to Icahn Enterprises was $(782) million compared to $(631) million for the six months ended June 30, 2019.On August 4, 2020, the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $2.00 per depositary unit, which will be paid on or about September 29, 2020 to depositary unitholders of record at the close of business on August 21, 2020. Depositary unitholders will have until September 18, 2020 to make an election to receive either cash or additional depositary units; if a unitholder does not make an election, it will automatically be deemed to have elected to receive the distribution in cash. Depositary unitholders who elect to receive additional depositary units will receive units valued at the volume weighted average trading price of the units on NASDAQ during the 5 consecutive trading days ending September 25, 2020. No fractional depositary units will be issued pursuant to the distribution payment. Icahn Enterprises will make a cash payment in lieu of issuing fractional depositary units to any unitholders electing to receive depositary units. Any unitholders that would only be eligible to receive a fraction of a depositary unit based on the above calculation will receive a cash payment.Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion.Caution Concerning Forward-Looking StatementsResults for any interim period are not necessarily indicative of results for any full fiscal period. This release may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of Icahn Enterprises L.P. and its subsidiaries. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors, including risks related to economic downturns, substantial competition and rising operating costs; risks related to the severity, magnitude and duration of the COVID-19 pandemic and its impact on the global economy, financial markets and industries in which our subsidiaries operate; risks related to our investment activities, including the nature of the investments made by the private funds in which we invest, declines in the fair value of our investments as a result of the COVID-19 pandemic, losses in the private funds and loss of key employees; risks related to our ability to continue to conduct our activities in a manner so as to not be deemed an investment company under the Investment Company Act of 1940, as amended; risks related to our energy business, including the volatility and availability of crude oil, declines in global demand for crude oil, refined products and liquid transportation fuels as result of the COVID-19 pandemic, other feed stocks and refined products, unfavorable refining margin (crack spread), interrupted access to pipelines, significant fluctuations in nitrogen fertilizer demand in the agricultural industry and seasonality of results; risks related to our automotive activities and exposure to adverse conditions in the automotive industry, including as a result of the COVID-19 pandemic; risks related to our food packaging activities, including competition from better capitalized competitors, inability of its suppliers to timely deliver raw materials, and the failure to effectively respond to industry changes in casings technology; risks related to our scrap metals activities, including potential environmental exposure; risks related to our real estate activities, including the extent of any tenant bankruptcies and insolvencies; risks related to our home fashion operations, including changes in the availability and price of raw materials, and changes in transportation costs and delivery times; and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission. Past performance in our Investment segment is not indicative of future performance. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 (In millions, except per unit amounts) Revenues: Net sales $ 1,325 $ 2,588 $ 3,186 $ 4,888 Other revenues from operations 136 172 297 334 Net gain (loss) from investment activities 1,235 (637) (893) (1,311) Interest and dividend income 26 58 89 122 Other (loss) income, net (13) 15 (30) 18 2,709 2,196 2,649 4,051 Expenses: Cost of goods sold 1,135 2,129 2,944 4,029 Other expenses from operations 107 137 242 268 Selling, general and administrative 291 339 599 675 Restructuring, net 5 4 7 11 Impairment 5 1 5 1 Interest expense 174 151 346 290 1,717 2,761 4,143 5,274 Income (loss) before income tax (expense) benefit 992 (565) (1,494) (1,223) Income tax (expense) benefit (128) (8) 52 (14) Income (loss) from continuing operations 864 (573) (1,442) (1,237) Loss from discontinued operations — (24) — (24) Net income (loss) 864 (597) (1,442) (1,261) Less: net income (loss) attributable to non-controlling interests 565 (99) (357) (369) Net income (loss) attributable to Icahn Enterprises $ 299 $ (498) $ (1,085) $ (892) Net income (loss) attributable to Icahn Enterprises from: Continuing operations $ 299 $ (474) $ (1,085) $ (868) Discontinued operations — (24) — (24) $ 299 $ (498) $ (1,085) $ (892) Net income (loss) attributable to Icahn Enterprises allocated to: Limited partners $ 293 $ (488) $ (1,063) $ (874) General partner 6 (10) (22) (18) $ 299 $ (498) $ (1,085) $ (892) Basic and diluted income (loss) per LP unit: Continuing operations $ 1.36 $ (2.37) $ (4.97) $ (4.39) Discontinued operations — (0.12) — (0.12) Basic and diluted income (loss) per LP unit $ 1.36 $ (2.49) $ (4.97) $ (4.51) Basic and diluted weighted average LP units outstanding 215 196 214 194 Cash distributions declared per LP unit $ 2.00 $ 2.00 $ 4.00 $ 4.
- 08/07/2020
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Day Ahead: 3 Things to Watch for August 7
- Day Ahead: 3 Things to Watch for August 7
- 08/06/2020
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Icahn Enterprises (NASDAQ:IEP) Rating Lowered to Sell at Zacks Investment Research
- Icahn Enterprises (NASDAQ:IEP) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday, Zacks.com reports. According to Zacks, “ICAHN ENTERPRISES L.P., formerly American Real Estate Partners, L.P., is a diversified holding company engaged in a variety of businesses. Their businesses currently include investment management, […]
- 08/05/2020
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CVR Energy, Inc. (CVI) CEO Dave Lamp on Q2 2020 Results - Earnings Call Transcript
- CVR Energy, Inc. (NYSE:CVI) Q2 2020 Earnings Conference Call August 4, 2020 13:00 ET Company Participants Richard Roberts - Manager, Investor Relations Dave Lamp - Chief Executive Officer Tracy Jackson - Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs Matthew Blair - Tudor, Pickering, Holt & Company Manav Gupta - Credit Suisse Paul Chang - Scotiabank Presentation Operator Greetings, and welcome to the CVR Energy Inc.
- 08/04/2020
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Phillips 66 And The Future Of Refining (NYSE:PSX)
- 2020 was supposed to be the year of higher refining margins due to a strong economy and the new IMO-2020 rules for cleaner maritime emissions.
- 08/03/2020
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Janney Montgomery Scott LLC Purchases 8,496 Shares of Icahn Enterprises LP (NASDAQ:IEP)
- Janney Montgomery Scott LLC grew its position in shares of Icahn Enterprises LP (NASDAQ:IEP) by 30.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,222 shares of the conglomerate’s stock after purchasing an additional 8,496 shares during the period. […]
- 08/02/2020
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Icahn Enterprises L.P. Announces Q2 2020 Earnings Conference Call
- SUNNY ISLES BEACH, Fla., July 29, 2020 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ:IEP) announced today that it will discuss its second quarter 2020 results on a conference call and webcast on Friday, August 7, 2020 - 10:00 a.m. Eastern Time. The webcast can be viewed live on Icahn Enterprises L.P.'s website at www.ielp.com. It will be archived and made available at www.ielp.com under the Investor Relations section. The toll-free dial-in number for the conference call in the United States is (866) 393-0676. The international number is (253) 237-1149. The passcode to access the conference call is 2378437. Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion.Caution Concerning Forward-Looking StatementsResults for any interim period are not necessarily indicative of results for any full fiscal period. This release may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of Icahn Enterprises L.P. and its subsidiaries. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors, including risks related to economic downturns, substantial competition and rising operating costs; risks related to the severity, magnitude and duration of the COVID-19 pandemic and its impact on the global economy, financial markets and industries in which our subsidiaries operate; risks related to our investment activities, including the nature of the investments made by the private funds in which we invest, declines in the fair value of our investments as a result of the COVID-19 pandemic, losses in the private funds and loss of key employees; risks related to our ability to continue to conduct our activities in a manner so as to not be deemed an investment company under the Investment Company Act of 1940, as amended; risks related to our energy business, including the volatility and availability of crude oil, declines in global demand for crude oil, refined products and liquid transportation fuels as result of the COVID-19 pandemic, other feed stocks and refined products, unfavorable refining margin (crack spread), interrupted access to pipelines, significant fluctuations in nitrogen fertilizer demand in the agricultural industry and seasonality of results; risks related to our automotive activities and exposure to adverse conditions in the automotive industry, including as a result of the COVID-19 pandemic; risks related to our food packaging activities, including competition from better capitalized competitors, inability of its suppliers to timely deliver raw materials, and the failure to effectively respond to industry changes in casings technology; risks related to our scrap metals activities, including potential environmental exposure; risks related to our real estate activities, including the extent of any tenant bankruptcies and insolvencies; risks related to our home fashion operations, including changes in the availability and price of raw materials, and changes in transportation costs and delivery times; and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission. Past performance in our Investment segment is not indicative of future performance. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.Investor Contact: SungHwan Cho, Chief Financial Officer (305) 422-4000
- 07/29/2020
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Caesars Drops After Icahn Board Member Resigns
- Caesars Drops After Icahn Board Member Resigns
- 07/27/2020
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Advisor Group Holdings Inc. Purchases Shares of 25,919 Icahn Enterprises LP (NASDAQ:IEP)
- Advisor Group Holdings Inc. purchased a new stake in Icahn Enterprises LP (NASDAQ:IEP) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 25,919 shares of the conglomerate’s stock, valued at approximately $1,255,000. Other large investors have also recently made changes to […]
- 07/05/2020
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Icahn Automotive Awards Scholarships to 15 Aspiring Automotive Technicians
- Icahn Automotive, an Icahn Enterprises L.P. company, which owns and operates leading repair and maintenance providers Pep Boys, AAMCO and Precision Tu
- 06/30/2020
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Refiners start to add renewable diesel capacity, seen as cost-cutting move
- Refiners such as HollyFrontier Corp and CVR Energy are exploring opportunities to produce renewable diesel to save money on less profitable refineries and offset compliance costs associated with U.S. blending laws.
- 06/24/2020
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Refiners start to add renewable diesel capacity, seen as cost-cutting move
- Refiners such as HollyFrontier Corp and CVR Energy are exploring opportunities to produce renewable diesel to save money on less profitable refineries and offset compliance costs associated with U.S. blending laws.
- 06/24/2020
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10 Stocks to Buy for Your Income-Generating Portfolio
- This ladder of dividend-paying stocks to buy should give you a head start for building your income-generating portfolio.
- 06/24/2020
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5 Oil & Gas Stocks That Have Shown They Can Grow Safely
- Oil company stocks have risen in recent weeks as oil prices have rebounded. But the next stage will be tougher.
- 06/23/2020
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Icahn Enterprises L.P. -- Moody's announces completion of a periodic review of ratings of Icahn Enterprises L.P.
- Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Icahn Enterprises L.P. New York, June 19, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Icahn Enterprises L.P. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 06/19/2020
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Pep Boys Provides Charlotte-Area Veterans with Much-Needed Automotive Service in Partnership with Military Makeover Airing on Lifetime TV
- Pep Boys recently partnered with Military Makeover, airing on Lifetime TV, to repair the vehicle of a retired military couple in Lincolnton, N.C. The
- 06/18/2020
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Pep Boys Service Marks National Safety Month by Focusing on Safe Practices and Recognizing Incident-Free Stores
- Safety was always paramount in Pep Boys service bays, and now, more than ever, the company is focused on safe service. June is National Safety Month,
- 06/16/2020
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Carl Icahn Reflects on His Early Experience of Losing Money
- Experience can be an expensive education Continue reading...
- 06/15/2020
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Refiners' Last-Ditch Effort To Resurrect Small Refinery Exemptions
- RIN prices recently lost a substantial fraction of their market value following the news that refiners are asking the U.S. Environmental Protection Agency to re
- 06/15/2020
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The crumbling casino and hotel of Trump Plaza in Atlantic City is getting torn down after sitting vacant for years
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Vacant Trump Plaza casino in Atlantic City to be demolished
- President Trump’s former casino in Atlantic City is set to be demolished.
- 06/12/2020
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More Bad News For Merchant Refiners On RINs
- Refiners have seen a large increase to their RIN expenditures in 2020 to date due to a tripling of the price of the largest RIN category. The U.S. Energy Inform
- 06/10/2020
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Acadian Asset Management LLC Decreases Stock Position in CVR Energy, Inc. (NYSE:CVI)
- Acadian Asset Management LLC trimmed its stake in shares of CVR Energy, Inc. (NYSE:CVI) by 89.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,475 shares of the oil and gas company’s stock after selling 38,649 shares during the quarter. Acadian Asset Management […]
- 06/10/2020
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Swiss National Bank Buys 800 Shares of CVR Energy, Inc. (NYSE:CVI)
- Swiss National Bank boosted its stake in shares of CVR Energy, Inc. (NYSE:CVI) by 1.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 58,500 shares of the oil and gas company’s stock after purchasing an additional 800 shares during the period. Swiss National Bank’s holdings in CVR Energy were worth $967,000 as […]
- 06/10/2020
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29 Dividend Stocks Billionaires Love For June, Per Kiplinger
- Kiplinger Investing publishes opportune stock and fund lists for investors online. These 50 billionaire picks by Dan Burrows, published 5/1/20, were updated 6/2
- 06/09/2020
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'Dumb Money' on Robinhood Is Winning With These Bankrupt Stocks
- Millennial investors on Robinhood are buying bankrupt stocks despite the high risk of shareholders being wiped out in bankruptcy proceedings.
- 06/09/2020
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Pep Boys presenta ganadores de los premios "Top Techs"
- Pep Boys festeja la Semana de los Profesionales del Servicio Técnico del Automotor con el anuncio de los ganadores de su premio anual a los técnicos d
- 06/09/2020
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The Engineering Reasons Behind Merchant Refiners' Renewable Diesel Boom
- U.S. renewable diesel production capacity is currently experiencing growth of almost an order of magnitude in just a few years. Merchant refiners are playing a
- 06/08/2020
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CVR Energy, Inc. (NYSE:CVI) Shares Sold by Ensign Peak Advisors Inc
- Ensign Peak Advisors Inc trimmed its stake in shares of CVR Energy, Inc. (NYSE:CVI) by 8.9% during the 1st quarter, Holdings Channel reports. The fund owned 24,306 shares of the oil and gas company’s stock after selling 2,374 shares during the quarter. Ensign Peak Advisors Inc’s holdings in CVR Energy were worth $402,000 as of […]
- 06/07/2020
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These Unpopular Industries Are Making a Comeback
- As the stock market rallies, some sectors are coming back into favor while others are not Continue reading...
- 06/04/2020
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HollyFrontier Doubles Down On Its Renewable Diesel Investment (NYSE:HFC)
- The merchant refiner HollyFrontier announced that it was installing a renewable diesel production unit at one of its refineries last December. This week the com
- 06/04/2020
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Dividends By The Numbers In May 2020
- A total of 3,118 U.S. firms declared dividends in May 2020, an increase of 26 over the 3,092 recorded in April 2020. That figure is also 811 lower than what was
- 06/04/2020
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Carl Icahn Takes Over $1.6 Billion Loss on Embattled Hertz
- Billionaire investor exits position as car rental company files for Chapter 11 bankruptcy Continue reading...
- 05/28/2020
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Carl Icahn takes $1.8 billion loss as he dumps stake in bankrupt Hertz
- Carl Icahn exited Hertz like a stuntman abandoning a burning car — and he suffered some nasty cuts and bruises on his way out.
- 05/28/2020
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Carl Icahn Takes Over $–.6 Billion Loss on Embattled Hertz
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Icahn Enterprises LP (IEP): Other Hedge Fund Managers Don’t Like Carl Icahn
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 05/27/2020
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CVR Partners, LP -- Moody's revises CVR Partners' outlook to negative, ratings affirmed
- Moody's Investors Service, ("Moody's") affirmed all ratings for CVR Partners, LP ("CVR"); including the B2 Corporate Family Rating ("CFR"), its B2-PD probability of default rating and the B2 senior secured notes rating. Moody's changed the rating outlook to negative, based on the expectation that projected lower prices for nitrogen fertilizers will lead to weaker credit metrics despite a strong US spring planting season.
- 05/26/2020
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O.J., accounting fraud, Icahn: The story of Hertz going bust
- The short version of Hertz Global Holdings Inc.’s bankruptcy story goes something like this: Global pandemic obliterates the travel business and lands an iconic 102-year-old company in court to seek protection from creditors.
- 05/26/2020
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O.J., Accounting Fraud, Icahn: The Story of Hertz Going Bust
- (Bloomberg) -- The short version of Hertz Global Holdings Inc.’s bankruptcy story goes something like this: Global pandemic obliterates the travel business and lands an iconic 102-year-old company in court to seek protection from creditors.The long version is a fable about what happens when a company relies on accounting and consolidation to keep shareholders happy. It’s a tale of lurching from one CEO to another and management teams failing to stay attuned to consumer tastes.Enterprise Holdings Inc. and Avis Budget Group Inc. are suffering through the same Covid-19 drought, but Hertz’s own bad decisions and hard luck made it vulnerable at the worst time. One former top executive summed up its plight as a slow-moving train wreck.On its Chapter 11 petition, Hertz listed $25.8 billion in assets. It has over $1 billion in cash and $24.4 billion of debt. A company that began with a dozen Ford Model Ts and was taken for a spin by General Motors, Ford Motor and a group of private equity firms as parents over the decades now faces an uncertain fate that will be decided in a Delaware court.O.J., EnterpriseNo telling of Hertz’s history is complete without mention of perhaps the most disastrous end to a major celebrity-endorsement deal of all time.Hertz was owned by Ford in the summer of 1994 when police pursued O.J. Simpson in a white Bronco SUV for the murder of his ex-wife, Nicole Brown Simpson, and her friend Ron Goldman. As a Buffalo Bills running back two decades earlier, Simpson raced through airports and past children screaming “Go, O.J., go!” on his way into the company’s rental cars.The television ads were effective at emphasizing speedy service and boosted business. While the relationship was less beneficial to the company as their 19-year link wore on, Hertz stood by Simpson’s side even after a January 1989 charge for assaulting his wife. She personally convinced then-Chairman Frank Olson to stick with the star, the Washington Post reported.Hertz had some good years after the so-called trial of the century that ended in Simpson’s acquittal. But in November 1994, the same month that the jury was sworn in, the trade publication Auto Rental News ranked Enterprise its new No. 1 by fleet size and number of offices.Private Equity EraWhile Hertz was by some measures slipping in the rental industry pecking order, it was still earning tidy profits for an otherwise struggling Ford. The automaker sold the company in 2005 to two private equity firms and Merrill Lynch & Co.’s buyout unit for about $15 billion.The following year, Hertz poached the top executive at auto-parts maker Tenneco Inc., Mark Frissora, to be CEO and lead the company through a re-listing. Frissora cut costs, eliminated thousands of jobs and was paid handsomely. His $19.2 million compensation package in 2006 was more than Ford awarded its CEO last year.After weathering the global financial crisis, Hertz started pursuing a costly and drawn-out deal for Dollar Thrifty Automotive Group Inc. It tried buying the company for $1.2 billion in 2010 but ultimately paid $2.6 billion after a two-year bidding war with its rival Avis.The deal boosted Hertz’s market share by rounding out its business-traveler stronghold with a greater presence in the budget-minded leisure segment. But the acquisition also added to Hertz’s debt pile, which already was substantial thanks to the earlier leveraged buyout. The company ended 2012 with $20.8 billion in total liabilities.Dollar ShortProblems abounded with integrating the two companies, according to Maryann Keller, a longtime auto-industry consultant who was on Dollar Thrifty’s board at the time of the acquisition.The two had different computer systems that couldn’t talk to each other. Frissora lost some talented executives by moving the two companies, which had been based in New Jersey and Oklahoma, to a new headquarters in Florida.Hertz hoped to combine airport lots for the three brands to save money, but wasn’t able to do so at many locations. The company also found that Dollar Thrifty had let the tires on its cars get thinner than Hertz allowed, and many had to be replaced at a cost of $30 million. Neither problem surfaced during due diligence.In the end, a merger that was supposed to save Hertz about $100 million in the first year ended up costing it another $70 million, two people familiar with the matter said.Accounting IssuesAs expenses related to the acquisition dragged on earnings, Frissora sought other ways to keep profit up.To tamp down on vehicle depreciation, the biggest source of costs for rental companies, Frissora tried keeping cars longer, some for as many as 50,000 miles, long past the industry norm of about 30,000, former executives told Bloomberg News. His plan was to put older vehicles into the fleets of the company’s budget brands: Dollar, Thrifty and Firefly.Because cars depreciate most in their first year, holding on to them longer would slow the rate the company had to show on its books. But not enough of the older models made it out of Hertz’s fleet, and business travelers were turned off by the aging selection of rides to choose from, Keller said.And according to the Securities and Exchange Commission, the company committed fraud. The regulator said that from February 2012 through March 2014, Hertz materially misstated pretax income due to accounting errors. Investors including billionaire Carl Icahn pushed for Frissora’s ouster in September 2014, and the company restated results the following year.Hertz settled with the SEC for $16 million and Frissora wasn’t charged. A spokesman for the former CEO said he presided over operational improvements during his eight-year tenure. Hertz’s 2015 earnings restatements have no bearing on the company’s current financial situation and Frissora didn’t direct any improper accounting or engage in any wrongdoing, the spokesman said.Still, Hertz sued Frissora and three other ex-senior managers last year, seeking to claw back $70 million in bonuses over the executives’ roles in the accounting scandal. Frissora and the other executives filed their own suits in Delaware Chancery Court seeking to force the company to cover their legal bills in the clawback fight. Judge Kathaleen S. McCormick granted those requests last year. One executive reached a settlement for undisclosed terms.In an amended complaint filed in federal court in New Jersey this month, Hertz demanded that Frissora and former general counsel Jeffrey Zimmerman hand over $56 million in incentive pay because of their involvement in accounting errors that overstated Hertz’s pre-tax income. That led to the $200 million restatement and the duo’s ouster, according to court filings.Icahn EntersIcahn entered the picture after a 2014 dinner in New York that an industry analyst had with Dan Ninivaggi, who was then CEO of Icahn Enterprises. Ninivaggi was told Hertz had a good brand and solid foundation but needed discipline and better management. Icahn was swayed and bought up shares. By year-end, his holding was worth more than $1.13 billion, according to data compiled by Bloomberg.The head of Hertz’s equipment-rental business took over the company for a few months before a fateful decision. Rather than hire former Dollar Thrifty CEO Scott Thompson to run the company, Icahn went with John Tague, an ex-COO of United Airlines.Icahn “didn’t put the best people in place” and “had a revolving door of managers,” said Keller, who believes Hertz would not be in the position it’s in today if it had hired Thompson. Icahn didn’t respond to requests for comment.Tague updated Hertz’s fleet but did so with passenger cars just as U.S. consumers began fleeing sedans for sport-utility vehicles. Consumers went looking to other rental counters for SUVs, and depreciation costs mounted as sedans retained less of their value. He also tried raising prices, figuring the industry’s oligopoly would follow suit. But Enterprise and Avis didn’t and instead picked off more of Hertz’s customers.In an interview Saturday, Tague said growth wasn’t his priority. He started tilting the fleet mix toward SUVs, but had a lot else on his plate: finishing the accounting investigation and restating earnings, integrating Dollar Thrifty, rebuilding the management team hollowed out by the Florida move and spinning off the equipment-rental business.“Upon my arrival, it was clear that many things had to be addressed with a sense of urgency,” he said in a phone interview. “That’s what I undertook.”Future JourneysTague retired at the beginning of 2017 and was replaced by Kathryn Marinello, who had been on the board of GM and truckmaker Volvo AB. The results of her early efforts to shrink the fleet and further the shift toward SUVs were undercut by the emergence of Uber Technologies Inc. and Lyft Inc.Marinello did make progress. Hertz reported nine consecutive quarters of earnings growth and expanded revenue in 10 straight.But when the pandemic decimated the rental industry, Hertz still had too little cash and a mountain of debt. Marinello resigned May 16, less than a week before the bankruptcy filing.“With the severity of the Covid-19 impact on our business and the uncertainty of when travel and the economy will rebound, we need to take further steps to weather a potentially prolonged recovery,” Hertz’s new CEO Paul Stone said in a statement announcing the company’s bankruptcy. “Our loyal customers have made us one of the world’s most iconic brands, and we look forward to serving them now and on their future journeys.”The main bankruptcy case is In RE: The Hertz Corporation, 20-111218, U.S. Bankruptcy Court for the District of Delaware (Wilmington)(Updates with clawback lawsuits against former executives starting in 21st paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/24/2020
|
Coronavirus, OJ Simpson, fraud: How Hertz went bust after 102 years
- The short version of Hertz Global Holdings Inc.’s bankruptcy story goes something like this: global
- 05/24/2020
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Occidental Petroleum: The Coiled Spring That Could Jump To The Upside (NYSE:OXY)
- OXY's leadership has made the hard financial decisions in the face of adversity to strengthen its liquidity over time. OXY is a low cost operator in oil and gas
- 05/22/2020
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The EPA Is Setting The Stage For A Return Of Refiners' "RINsanity"
- It is being reported that the EPA has sent its proposed rule for mandated biofuel blending in 2021 to the White House for review. The available details on the p
- 05/21/2020
|
Carl Icahn's Love for Occidental Petroleum Might Be Costly
- Last week, Carl Icahn's hedge fund filed its 13F for the first quarter of 2020. Occidental Petroleum was one of the hedge fund's largest buys.
- 05/20/2020
|
Dividend Cuts Continue Torrid Pace In First Half Of May 2020
- Dividend cuts and suspensions announced by publicly-traded firms in the United States are continuing their torrid pace through the midpoint of May 2020. Overall
- 05/20/2020
|
Tracking Carl Icahn's Portfolio - Q1 2020 Update (NASDAQ:IEP)
- Carl Icahn’s 13F portfolio value decreased from $26.18B to $18B this quarter. Occidental Petroleum and Hertz Global Holdings stakes saw substantial increases du
- 05/19/2020
|
Who Is The King Of The Activists?
- Who is the king of the activists and who should investors follow in 2020?
- 05/15/2020
|
All Weather, Fair Weather, No Weather Dividend Stocks
- When the tide goes out you discover who's been swimming naked. The pandemic has revealed that many stocks aren't as solid as investors might have believed. This
- 05/14/2020
|
Greenwashing? Exxon Mobil's Biofuels Moonshots Are Anything But
- Exxon Mobil has made two investments in groundbreaking biofuels technologies that have attracted criticism from both environmental groups and its own shareholde
- 05/14/2020
|
Merchant Refiners Are Driving The American Renewable Diesel Boom
- A major increase in U.S. renewable diesel production capacity is currently underway, and total capacity is expected to almost septuple over the next five years.
- 05/13/2020
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CVR Energy Jumps On The Renewable Diesel Bandwagon
- CVR Energy announced as part of its Q1 earnings report that it is exploring an investment in renewable diesel production capacity even as it is reducing its cas
- 05/12/2020
|
Edited Transcript of IEP earnings conference call or presentation 8-May-20 2:00pm GMT
- Q1 2020 Icahn Enterprises LP Earnings Call
- 05/12/2020
|
U.S. refiners killed the golden goose: diesel margins
- U.S. refiners expected the spread of coronavirus to kill demand for gasoline and jet fuel, so they rushed to produce more diesel - but now they are sitting with a glut of that product, too.
- 05/11/2020
|
U.S. RESEARCH ROUNDUP-Acushnet Holdings, Equity Residential, Fiserv
- Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Acushnet Holdings, Equity Residential and Fiserv, on
Monday.
HIGHLIGHTS
* Acushnet Holdings Corp : Stephens raises target price to $27 from $24
* Equity Residential : Evercore ISI raises to in-line from underperform
* Fiserv Inc : Keybanc raises target price to $115 from $108
* GTT Communications Inc : SunTrust Robinson cuts to hold from buy
* UDR Inc : Evercore ISI raises to in-line from underperform
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Abbvie Inc : SVB Leerink raises price target to $122 from $107
* Accelerate Diagnostics Inc : Piper Sandler cuts target price to $14 from $16
* Acushnet Holdings Corp : Compass Point raises TP to $22.25 from $21.50
* Acushnet Holdings Corp : Keybanc raises target price to $31 from $28
* Acushnet Holdings Corp : Stephens raises target price to $27 from $24
* Advance Auto Parts Inc : UBS raises target price to $140 from $135
* AIG : UBS cuts target price to $45 from $49
* Air Lease Corp : Deutsche Bank cuts target price to $36 from $45
* Air Lease Corp : Stephens raises target price to $36 from $30
* Airgain Inc : Northland Capital Markets raises target price to $23
* Alarm.Com Holdings Inc : Credit Suisse cuts target price to $62 from $64
* Albemarle Corp : RBC raises target price to $66 from $64
* Albemarle Corp : SunTrust Robinson cuts target price to $65 from $90
* Allegiant Travel Co : Evercore ISI cuts target price to $95 from $100
* Allscripts Healthcare Solutions : Canaccord Genuity cuts TP to $11 from $13
* Amdocs Ltd : Citigroup cuts price target to $76 from $83
* Amedisys Inc : Raymond James cuts price target to $210 from $225
* Amedisys Inc : UBS cuts target price to $190 from $208
* American Axle & Manufacturing Holdings : Citigroup raises TP to $7.5 from $6
* American Axle & Manufacturing Holdings : RBC raises target price to $7 from $5
* American Homes 4 Rent : Evercore ISI raises target price to $27 from $25
* Ameriprise Financial Inc : RBC raises target price to $155 from $145
* Amerisourcebergen Corp : Deutsche Bank raises target price to $98 from $93
* Amphastar Pharmaceuticals Inc : BMO raises price target to $21 from $20
* Angi Homeservices Inc : Citigroup raises price target to $10 from $6.5
* Aon Plc : Citigroup cuts price target to $230 from $240
* Aon Plc : KBW raises target price to $192 from $184
* Aon Plc : UBS cuts target price to $197 from $202
* Apache Corp : CFRA cuts to sell from hold; raises price target to $9
* Apache Corp : MKM Partners cuts target price by $1 to $19
* Aptiv Plc : Benchmark cuts price target to $87 from $90
* Arch Capital Group Ltd : UBS cuts target price to $39 from $43
* Atara Biotherapeutics Inc : Jefferies cuts target price to $11 from $13
* Athene Holding Ltd : BMO cuts price target to $60 from $63
* Atricure Inc : BTIG raises target price to $56 from $45
* Atricure Inc : Needham raises target price to $63 from $49
* Atricure Inc : Oppenheimer raises price target to $52 from $45
* Atricure Inc : SVB Leerink raises price target to $55 from $50
* Autonation Inc : CFRA cuts price target by $10 to $50
* Avalonbay Communities Inc : Evercore ISI cuts target price to $181 from $189
* Avista Corp : Guggenheim cuts target price to $38 from $39
* Bain Capital Specialty Finance : Citigroup raises price target to $10 from $7.5
* Ball Corp : Citigroup cuts price target to $86 from $89
* Ball Corp : Northland Capital Markets cuts target price to $80
* Baudax Bio Inc : Oppenheimer cuts price target to $14 from $16
* Bellring Brands Inc : Stifel cuts target price to $23 from $25
* BJ's Restaurants Inc : Deutsche Bank raises target price to $27 from $26
* Bloomin' Brands Inc : BMO raises price target to $10 from $9
* Bloomin' Brands Inc : Deutsche Bank raises target price to $15 from $14
* Bloomin' Brands Inc : Guggenheim raises target price to $15 from $11
* Bloomin' Brands Inc : Raymond James cuts target price to $14 from $15
* BP Midstream Partners LP : Mizuho raises target price to $14 from $13
* Broadridge Financial Solutions : Piper Sandler cuts TP to $120 from $124
* Broadridge Financial Solutions : Rosenblatt Securities ups TP to $115 from $101
* Brookfield Infrastructure Partners LP : BMO raises price target to $46 from $45
* Brookfield Infrastructure Partners LP : Scotiabank cuts Tp to $50 from $51
* Brookfield Property Partners LP : Canaccord Genuity cuts TP to $12 from $13
* Brookfield Property Partners LP : CIBC cuts target price to $18 from $20.50
* Brookfield Property Partners LP : RBC cuts target price to $18 from $22
* Bruker Corp : BTIG cuts price target to $50 from $57
* Cabot Oil & Gas Corp : Tudor Pickering Holt cuts to hold from buy
* Calithera Biosciences Inc : Citigroup raises price target to $10 from $7
* Callaway Golf Co : >: Compass Point cuts target price to $17.50 from $20
* Callaway Golf Co : Compass Point cuts target price to $17.50 from $20
* Camden Property Trust : Evercore ISI cuts target price to $98 from $102
* Camden Property Trust : Stifel raises target price to $96 from $91
* Cardtronics Plc : D.A. Davidson cuts target price to $34 from $40
* Cardtronics Plc : SunTrust Robinson raises target price to $29 from $23
* Cargurus Inc : RBC raises target price to $25 from $22
* Carnival : HSBC raises to buy from hold; cuts target price to $15.9 from $45.3
* Carrier Global Corp : Citigroup raises price target to $20 from $17
* Carvana Co : Oppenheimer raises price target to $127 from $95
* Carvana Co : Oppenheimer raises target price to $127 from $95
* Casella Waste Systems Inc : Jefferies raises target price to $56 from $52
* Casella Waste Systems Inc : Raymond James raises target price to $56 from $49
* Casella Waste Systems Inc : Stifel raises target price to $47 from $45
* Cellectis : Citigroup cuts price target to $15 from $16
* Centurylink Inc : SunTrust Robinson cuts target price to $9 from $10
* Ceridian Hcm Holding Inc : Jefferies raises target price to $65 from $60
* Chevron Corp : Independent Research raises target price to $98 from $90; hold
* CNX Resources Corp : Tudor Pickering Holt cuts to hold from buy
* Cognizant Technology Solutions : Evercore ISI cuts target price to $53 from $55
* Cognizant Technology Solutions Corp : HSBC cuts target price to $56 from $70
* Coherus Biosciences Inc : Citigroup cuts price target to $30 from $31
* Conagra Brands Inc : SunTrust Robinson cuts to hold from buy
* Consolidated Edison Inc : Evercore ISI cuts target price to $85 from $86
* Continental Resources : TD Securities raises target price to $14.50 from $13.50
* Cooper Tire & Rubber Co : JP Morgan cuts target price to $29 from $30
* Corporate Office Properties Trust : SunTrust Robinson raises TP to $28 from $26
* Corteva Inc : RBC raises target price to $31 from $27
* Covanta Holding : Stifel raises to hold from sell; raises TP to $9.50 from $6.50
* Crocs Inc : Piper Sandler raises target price to $28 from $24
* Cross Country Healthcare Inc : BMO cuts price target to $8 from $11
* Cryoport Inc : Stephens raises target price to $23 from $21
* CVR Energy Inc : Credit Suisse raises target price to $19 from $16
* Cytomx Therapeutics Inc : Wedbush raises target price to $16 from $11
* Danaher Corp : Evercore ISI raises target price to $175 from $150
* Danaher Corp : RBC raises target price to $173 from $159
* Datadog Inc : RBC raises target price to $50 from $43
* Dentsply Sirona : Barrington Research cuts to market perform from outperform
* Dentsply Sirona Inc : UBS cuts target price to $44 from $59
* Dicerna Pharmaceuticals : SunTrust Robinson raises target price to $33 from $28
* Diebold Nixdorf Inc : JP Morgan raises target price to $7 from $6
* Diebold Nixdorf Inc : JP Morgan raises to neutral from underweight
* Discovery Inc : Rosenblatt Securities cuts price target to $24 from $27
* Dish Network Corp : RBC cuts target price to $32 from $39
* Domtar : D.A. Davidson cuts to neutral from buy; cuts TP to $26 from $44
* Domtar Corp : Scotiabank cuts target price to $29 from $30
* Domtar Corp : TD Securities raises target price to $26 from $22
* E. W. Scripps Co : Benchmark cuts target price to $15 from $24
* E. W. Scripps Co : Guggenheim raises target price to $8 from $6.50
* Edison Intl.
- 05/11/2020
|
Viskase Companies, Inc. -- Moody's downgrades Viskase CFR to Caa2; outlook negative
- Moody's Investors Service ("Moody's") downgraded Viskase Companies, Inc.'s ("Viskase") Corporate Family Rating (CFR) to Caa2 from B3 and its Probability of Default Rating to Caa2-PD from B3-PD. Moody's also downgraded the rating on the company's senior secured term loan due January 2021 to Caa3 from B3.
- 05/11/2020
|
Delek US Holdings Dodges Another Supply Disruption Bullet
- The share price of merchant refiner Delek US Holdings led the refining sector in losses through mid-March due to demand disruption and concerns of a possible su
- 05/11/2020
|
Edited Transcript of IEP earnings conference call or presentation 8-May-20 2:00pm GMT
- Q1 2020 Icahn Enterprises LP Earnings Call
- 05/10/2020
|
Icahn Enterprises L.P. (IEP) Q1 2020 Earnings Call Transcript
- Forward-looking statements may be identified by words such as expects, anticipates, intends, plans, believes, seeks, estimates, will, or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of Icahn Enterprises L.P. and its subsidiaries. Joining me on today's call is SungHwan Cho, our Chief Financial Officer.
- 05/09/2020
|
Bloomberg Coronavirus Special Report: Crude Gets Crushed | STL.News
- Bloomberg Coronavirus Special Report: Crude Gets Crushed | STL.News | Read and watch worldwide news stories and more STL.News.
- 05/09/2020
|
US Indexes Close Higher Friday and for the Week
- Nasdaq has a gain of 1.66% for the year Continue reading...
- 05/08/2020
|
Icahn Enterprises Q1 EPS $(6.340) Down From $(2.020) YoY, Sales $1.860B Up From $1.855B YoY
|
Icahn Enterprises L.P. Reports First Quarter 2020 Financial Results
- First quarter net loss attributable to Icahn Enterprises of $1.4 billion, or a loss of $6.34 per depositary unit Board approves quarterly distribution of $2.00 per depositary.
- 05/08/2020
|
FACTBOX-Oil refineries cut output as coronavirus hits fuel demand
- Oil refineries have been curbing output since February as travel restrictions
slash fuel demand.
Most refiners are operating, but several have reduced the number of barrels of oil they process as
gasoline and diesel use falls sharply.
Fuel demand has dropped by about 30% worldwide as the coronavirus chokes economic activity, forcing
billions of people to stay home to curb its spread, creating a global supply glut.
Here is a list of refineries that have reduced output specifically due to lower demand (excluding
scheduled maintenance):
OPERATOR REFINERY/LOCATION CAPACITY DATE DETAILS USN
(BPD)
HollyFrontier United States 457,000 May 7 Cuts production at
refineries by 30%
CVR Energy Inc May 7 Operating refineries
at near minimum
rates
BP Plc Whiting, Indiana, 430,000 May 7 Operating at about
U.S. 70% capacity
Total SA Port Arthur, Texas, 225,500 May 5 Production cut by
U.S. 36%
Marathon Petroleum May 5 Operating refineries
Corp at minimum rates
Pilipinas Shell Tabangao, 110,000 May 5 To shut down
Petroleum Corp Philippines refinery for one
month from mid-May
LyondellBasell Houston, Texas, U.S. 263,776 May 1 Operating between
85% and 90% of its
capacity
Tupras Izmir, Turkey 220,000 April 30 To halt output from
May 5 until July 1
MOL Group Hungary, Slovakia April 30 Three refineries
and Croatia running at just over
70% capacity
PT Pertamina Plaju, South April 30 Refinery partially
Sumatra, Indonesia shut
Raizen Dock Sud, Argentina 93,000 April 29 Temporarily stopped
production on April
17
Refinor SA Campo Duran, 25,000 April 29 Suspended operations
Argentina
Valero Energy Corp St. Charles refinery 215,000 April 29 Idled 92,000 bpd FCC
in Norco, Louisiana
Husky Energy Inc April 29 All refineries are
running at minimum
rates
Viva Energy Group Geelong refinery in 120,000 April 27 To shut residual
Victoria, Australia catalytic cracker
and other associated
processing units
Royal Dutch Shell Convent, Louisiana, 211,270 April 22 Shuts small crude
Plc U.S. unit
Galp Energia Sines, Portugal April 21 To halt refinery for
a month from May 4
PT Pertamina Balikpapan, April 21 Expects total
Indonesia shutdown of refinery
in early May
Husky Energy Inc April 20 Reducing production
and refinery
throughput; U.S.
refinery throughput
reduced by around
95,000 bpd
Marathon Petroleum Martinez, 166,000 April 17 Will idle refinery
Corp California, U.S. beginning April 27
Eni and Kuwait Milazzo, Italy 200,000 April 17 Operating at 60%
Petroleum Italy capacity
Federated Co-op, Saskatchewan, 130,000 April 16 Cut production to
Cooperatives Ltd Canada 90,000 bpd
Phillips 66 Ponca City, 207,000 April 15 Shut gasoline unit
Oklahoma, U.S. in early April
Royal Dutch Shell Convent and Norco, 436,570 April 10 Reducing production
Louisiana, U.S. at Convent and Norco
refineries
Valero Energy Corp Port Arthur, Texas, 335,000 April 9 FCC operating at
U.S. minimum capacity
BP Plc United States April 9 Three U.S.
refineries operating
between 80 and 85%
of capacity
Marathon Petroleum Gallup, New Mexico, 26,000 April 8 To temporarily idle
Corp U.S. refinery beginning
on April 15
Exxon Mobil Corp Baton Rouge, 502,500 April 8 Running at
Louisiana, U.S. two-thirds of
capacity
PBF Energy Chalmette, 190,000 April 8 Cut FCC production
Louisiana, U.S. by 45%
Nigerian National Nigeria April 8 Nigeria to shut down
Petroleum all its oil
Corporation (NNPC) refineries
HollyFrontier Corp April 8 Refining segment
currently running at
about 70% of
capacity
MOL Group Hungary, Slovakia April 8 All its refineries,
and Croatia three steam crackers
are running, but at
reduced rates
Marathon Petroleum Galveston Bay 585,000 April 7 Production down 25%
Corp refinery in Texas,
U.S.
- 05/08/2020
|
US Indexes Close Higher Friday and for the Week
|
CVR Energy to explore converting refining units for renewable diesel production
- CVR Energy Inc is looking to convert certain units in its refineries to renewable diesel production to reduce its exposure to the cost of renewable fuel credits (RINs), the company said on Thursday.
- 05/07/2020
|
50 Kiplinger Stocks Billionaires Love And 29 Pay Dividends
- Kiplinger Investing publishes opportune stock and fund lists for investors online. This new list of 50 billionaire picks by Dan Burrows published 5/1/20. 29 of
- 05/05/2020
|
Carl Icahn, who's made a large bulk of his fortune in energy, has a new play in the industry
- Icahn's next energy bet could pay off through a takeover or a rebound in oil prices.
- 05/02/2020
|
Icahn Enterprises (NASDAQ:IEP) & Continental (NASDAQ:CTTAY) Critical Survey
- Icahn Enterprises (NASDAQ:IEP) and Continental (OTCMKTS:CTTAY) are both large-cap multi-sector conglomerates companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, dividends, institutional ownership and risk. Earnings & Valuation This table compares Icahn Enterprises and Continental’s gross revenue, earnings per share […]
- 05/01/2020
|
Icahn Enterprises (IEP) Set to Announce Earnings on Friday
- Icahn Enterprises (NASDAQ:IEP) is scheduled to announce its earnings results before the market opens on Friday, May 8th. Analysts expect the company to announce earnings of ($0.79) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link. Icahn Enterprises (NASDAQ:IEP) last posted […]
- 05/01/2020
|
Who Can Beat Warren Buffett And Carl Icahn? The Average Fund Manager.
- The average fund manager can take pride in this: Over the past 10 years, he or she has surpassed the returns of investing legends Warren Buffett and Carl Icahn.
- 04/30/2020
|
Icahn Enterprises L.P. Announces Q1 2020 Earnings Conference Call
- Icahn Enterprises L.P. (IEP) announced today that it will discuss its first quarter 2020 results on a conference call and webcast on Friday, May 8, 2020 - 10:00 a.m. Eastern Time. The webcast can be viewed live on Icahn Enterprises L.P.'s website at www.ielp.com. Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion.
- 04/29/2020
|
Sachem Named ‘King of the Activists’ in New Study on Performance
|
U.S. refinery earnings to detail troubled outlooks as fuel use slumps
- U.S. refiners are expected to report poor first-quarter results starting this week, but investors are more concerned about the outlook for coming months as various states ease movement restrictions designed to curb coronavirus infections.
- 04/28/2020
|
U.S. refiners face prolonged troubles as fuel use slumps
- U.S. refiners are expected to report poor first-quarter results starting this week, but investors are more concerned about the outlook for coming months as various states ease movement restrictions designed to curb coronavirus infections.
- 04/28/2020
|
Icahn sees opportunities but warns of more 'downdrafts' ahead: Bloomberg
- Billionaire investor Carl Icahn said he expects to see "good opportunities" to buy after the historic stock market sell-off but warned there will likely be more heavy selling because the coronavirus outbreak has yet to be contained.
- 04/24/2020
|
CVR Energy 'a very good refinery,' Icahn says CVI;SPY;SPX
- CVR Energy 'a very good refinery,' Icahn says CVI SPY SPX
- 04/24/2020
|
Current risk/reward in stock market 'isn't the greatest,' Icahn says SPY;SPX
- Current risk/reward in stock market 'isn't the greatest,' Icahn says SPY SPX
- 04/24/2020
|
Icahn thinks big tech multiples 'aren't justified' SPY;SPX
- Icahn thinks big tech multiples 'aren't justified' SPY SPX
- 04/24/2020
|
Icahn sees 'big downdrafts' possible in short-term, opportunities in long-term SPY;SPX
- Icahn sees 'big downdrafts' possible in short-term, opportunities in long-term SPY SPX
- 04/24/2020
|
The Keys to Successfully Timing the Markets - April 23, 2020
- Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- 04/23/2020
|
The Keys to Successfully Timing the Markets - April 23, 2020
- Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- 04/23/2020
|
Centaurus Financial Inc. Raises Position in Icahn Enterprises LP (NASDAQ:IEP)
- Centaurus Financial Inc. grew its position in Icahn Enterprises LP (NASDAQ:IEP) by 32.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,384 shares of the conglomerate’s stock after acquiring an additional 2,778 shares during the period. Centaurus Financial Inc.’s holdings […]
- 04/23/2020
|
The Keys to Successfully Timing the Markets - April 23, 2020
|
Reapertura de 11 ubicaciones de Pep Boys en Puerto Rico
- Once ubicaciones de Pep Boys, distribuidas en Puerto Rico, reanudarán sus operaciones en determinados días en respuesta al decreto del gobierno median
- 04/21/2020
|
Pep Boys Reopening 11 Locations in Puerto Rico
- Eleven Pep Boys locations in Puerto Rico will reopen on select days, in response to the government order allowing certain essential businesses to resume operations. The stores will begin reopening this week to service essential personnel only. Nine of the 11 locations will offer both automotive parts
- 04/21/2020
|
Meet the 10 richest billionaires in Palm Beach in 2020
- Here are the 10 richest billionaires who live or have houses in Palm Beach.
- 04/19/2020
|
Zacks Investment Research Upgrades Icahn Enterprises (NASDAQ:IEP) to "Buy"
- Icahn Enterprises (NASDAQ:IEP) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday, Zacks.com reports. The brokerage currently has a $54.00 target price on the conglomerate’s stock. Zacks Investment Research‘s target price indicates a potential upside of 10.20% from the company’s previous close. According to […]
- 04/19/2020
|
Icahn Enterprises (NASDAQ:IEP) Downgraded to "Hold" at Zacks Investment Research
- Icahn Enterprises (NASDAQ:IEP) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Saturday, Zacks.com reports. According to Zacks, “ICAHN ENTERPRISES L.P., formerly American Real Estate Partners, L.P., is a diversified holding company engaged in a variety of businesses. Their businesses currently include investment management, […]
- 04/18/2020
|
Pep Boys: Going Further with Steps to Help Keep You Safe
- Pep Boys, one of the nation’s leading automotive aftermarket service and parts providers, has been servicing the vehicles on which communities deeply
- 04/16/2020
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Icahn Enterprises L.P. -- Moody's affirms IEP's ratings; outlook changed to negative
- Moody's Investors Service, ("Moody's") has affirmed Icahn Enterprises LP's (IEP) Ba3 corporate family rating (CFR), Ba3-PD probability of default rating and Ba3 guaranteed senior unsecured debt ratings. For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices.
- 04/15/2020
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BidaskClub Lowers Icahn Enterprises (NASDAQ:IEP) to Hold
- Icahn Enterprises (NASDAQ:IEP) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Wednesday, BidAskClub reports. Separately, ValuEngine upgraded Icahn Enterprises from a “hold” rating to a “buy” rating in a research note on Monday, December 30th. IEP stock opened at $49.50 on Wednesday. […]
- 04/15/2020
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Ladenburg Thalmann Financial Services Inc. Grows Holdings in Icahn Enterprises LP (NASDAQ:IEP)
- Ladenburg Thalmann Financial Services Inc. lifted its holdings in Icahn Enterprises LP (NASDAQ:IEP) by 24.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,846 shares of the conglomerate’s stock after buying an additional 2,137 shares during the quarter. Ladenburg Thalmann Financial Services […]
- 04/09/2020
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Fly Intel: Pre-market Movers CODX;AXSM;SEAS;TEN;XBIT;TSLA;SMPL;DGLY;DAL;TDY;MNLO
- Fly Intel: Pre-market Movers CODX AXSM SEAS TEN XBIT TSLA SMPL DGLY DAL TDY MNLO
- 04/06/2020
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Icahn reports 14.99% Tenneco stake after exercising conversion right TEN;IEP
- Icahn reports 14.99% Tenneco stake after exercising conversion right TEN IEP
- 04/06/2020
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Icahn Enterprises (NASDAQ:IEP) Raised to "Buy" at BidaskClub
- Icahn Enterprises (NASDAQ:IEP) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, BidAskClub reports. Separately, ValuEngine raised shares of Icahn Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, December 30th. IEP opened at $48.42 […]
- 04/01/2020
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The Keys to Successfully Timing the Markets - March 30, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 03/30/2020
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The Keys to Successfully Timing the Markets - March 30, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 03/30/2020
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Opportunities In The Remaining High-Yield 2x Leveraged ETNs
- Losses in the 2x Leveraged ETNs, based on mREITs, closed-end funds, business development companies and MLPs among others, have been catastrophic. Many of the 2x
- 03/30/2020
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The Keys to Successfully Timing the Markets - March 30, 2020
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Shares of several companies in the broader industrial sector are trading lower as markets sell off following this week's strength. Despite US stimulus efforts, macro concerns still persist due to the coronavirus.
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Analyst: Oxy, Icahn deal falls in the middle ground
- Billionaire Carl Icahn is an activist investor who has gotten involved with a handful of other Houston energy companies.
- 03/25/2020
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Icahn Enterprises outlook turns negative at S&P
- S&P Global Ratings revises its outlook on Icahn Enterprises (NASDAQ:IEP) to negative from stable as volatility in the oil and equity markets has a "significant negative impact on Icahn's portf
- 03/25/2020
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Occidental Petroleum and activist investor Carl Icahn reach a deal
- Carl Icahn's battle with Occidental Petroleum is over, with Icahn getting to add three board directors to Occidental's board.
- 03/25/2020
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Occidental Petroleum, Carl Icahn reach deal over board directors, other changes
- Houston-based Occidental Petroleum Corp. (NYSE: OXY) and billionaire activist investor Carl Icahn have reached an agreement ending a nearly year-long conflict.
- 03/25/2020
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10 Stocks to Buy for Your Income-Generating Portfolio
- This ladder of dividend-paying stocks to buy should give you a head start for building your income-generating portfolio.
- 03/25/2020
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BidaskClub Downgrades Icahn Enterprises (NASDAQ:IEP) to Hold
- Icahn Enterprises (NASDAQ:IEP) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, BidAskClub reports. Separately, ValuEngine raised Icahn Enterprises from a “hold” rating to a “buy” rating in a report on Monday, December 30th. Shares of NASDAQ IEP opened at $36.05 […]
- 03/24/2020
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Icahn Enterprises Confirms Intent To Pay $2/Unit Distribution
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Icahn Enterprises L.P. Issues Statement Regarding Quarterly Distribution
- In response to investor inquiries and market speculation, Icahn Enterprises L.P. (IEP) today confirmed that it is the intention of the Board of Directors of the general partner of Icahn Enterprises to maintain the regular quarterly distribution, in the amount of $2.00 per depositary unit, for the foreseeable future. Icahn Enterprises and its subsidiaries maintain ample liquidity to take advantage of attractive opportunities for their respective businesses.
- 03/23/2020
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Icahn Enterprises L.P. Issues Statement Regarding Quarterly Distribution
- NEW YORK, March 23, 2020 (GLOBE NEWSWIRE) -- In response to investor inquiries and market speculation, Icahn Enterprises L.P. (NASDAQ:IEP) today...
- 03/23/2020
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Delek Gulps Poison Pill After Icahn Buys 14.8% of its Stake
- Delek's (DK) limited-duration stockholder rights plan is sustained as its present share value does not vouch for its inbuilt long-term worth following the coronavirus pandemic and the oil price slump.
- 03/23/2020
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Delek Gulps Poison Pill After Icahn Buys 14.8% of its Stake
- Delek's (DK) limited-duration stockholder rights plan is sustained as its present share value does not vouch for its inbuilt long-term worth following the coronavirus pandemic and the oil price slump.
- 03/23/2020
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Stocks That Hit 52-Week Lows On Monday
- On Monday morning, 720 companies hit new 52-week lows.
Noteworthy Mentions:
The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ: GOOGL)...
- 03/23/2020
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Icahn Enterprises confirms intent to maintain $2.00 per unit dividend IEP
- Icahn Enterprises confirms intent to maintain $2.00 per unit dividend IEP
- 03/23/2020
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Icahn Enterprises L.P. Issues Statement Regarding Quarterly Distribution
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Occidental Near Deal with Carl Icahn on Proxy Battle
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Advisor Group Inc. Raises Stake in Icahn Enterprises LP (NASDAQ:IEP)
- Advisor Group Inc. lifted its position in shares of Icahn Enterprises LP (NASDAQ:IEP) by 17.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 12,103 shares of the conglomerate’s stock after purchasing an additional 1,764 shares during the quarter. Advisor Group Inc.’s holdings in Icahn Enterprises were […]
- 03/21/2020
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Bank of Montreal Can Cuts Holdings in Icahn Enterprises LP (NASDAQ:IEP)
- Bank of Montreal Can trimmed its position in Icahn Enterprises LP (NASDAQ:IEP) by 58.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,584 shares of the conglomerate’s stock after selling 7,740 shares during the period. Bank of Montreal Can’s holdings in Icahn Enterprises were worth $344,000 […]
- 03/20/2020
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Stocks That Hit 52-Week Lows On Thursday
- On Thursday morning, 1178 companies hit new 52-week lows.
Facts of Interest:
The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...
- 03/19/2020
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Were Hedge Funds Right About Varian Medical Systems, Inc. (VAR)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/19/2020
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Hedge Funds Have Never Been This Bullish On Equity Lifestyle Properties, Inc. (ELS)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/18/2020
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Were Hedge Funds Right About Piling Into Alnylam Pharmaceuticals (ALNY)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/18/2020
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Icahn Enterprises LP (IEP): Are Hedge Funds Right About This Stock?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/18/2020
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Chevy Chase Trust Holdings Inc. Takes $73,000 Position in Icahn Enterprises LP (NASDAQ:IEP)
- Chevy Chase Trust Holdings Inc. acquired a new stake in shares of Icahn Enterprises LP (NASDAQ:IEP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,182 shares of the conglomerate’s stock, valued at approximately $73,000. Several other hedge funds and other institutional investors have […]
- 03/16/2020
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Americana Partners LLC Invests $86,000 in Icahn Enterprises LP (NASDAQ:IEP)
- Americana Partners LLC acquired a new position in shares of Icahn Enterprises LP (NASDAQ:IEP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,400 shares of the conglomerate’s stock, valued at approximately $86,000. Other hedge funds have also bought and sold […]
- 03/16/2020
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Icahn: Some Businesses Are Given Away at These Prices
- Icahn is buying Occidental, Hertz and Hewlett-Packard Continue reading...
- 03/15/2020
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Icahn: Some Businesses Are Given Away at These Prices
- Icahn: Some Businesses Are Given Away At These Prices, Stocks: XRX,HPQ,IEP,OXY,, Carl Icahn, release date:Mar 15, 2020
- 03/15/2020
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Billionaire Carl Icahn Picks up These 2 Stocks on the Dip
- Rounding out an exceptionally volatile week of trading, the market delivered another dramatic swing, this time finishing in the green. After March 12 saw both the S&P 500 and the Dow Jones indexes post their largest single-day percentage losses since the October 1987 crash, stocks rallied the next day
- 03/15/2020
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Billionaire Carl Icahn Picks up These 2 Stocks on the Dip
- Rounding out an exceptionally volatile week of trading, the market delivered another dramatic swing, this time finishing in the green. After March 12
- 03/15/2020
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Icahn: Some Businesses Are Given Away at These Prices
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BRIEF-Activist Investor Carl Icahn Says Stocks May Have A Longer Way To Go Down - CNBC Interview
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Carl Icahn says the market sell-off has longer to go even though some stocks are 'awfully cheap'
- The billionaire investor said the coronavirus sell-off has made some stocks so cheap they're being "given away."
- 03/13/2020
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Oxy swallows poison pill to combat potential hostile takeover
- A billionaire activist investor just grabbed a large stake in the Houston-based upstream oil and gas company.
- 03/13/2020
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Man-made Sausage Casing Market 2020: Size, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2025
- Mar 13, 2020 (The Expresswire) --
Report Title : Global Man-made Sausage Casing Market Professional Survey Report 2020 “Man-made Sausage Casing Market”...
- 03/13/2020
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Atlantic City wants ex-Trump casino razed; owner agrees
- ATLANTIC CITY, N.J. (AP) — Atlantic City officials said Thursday that they will ask a judge to order the immediate demolition of a shuttered casino once owned by President Donald Trump, but its owner says he has already decided to tear it down. The maneuvering over the former Trump Plaza casino, now owned by billionaire Carl Icahn, comes after pieces of the building's facade tore loose in recent days and came crashing to the sidewalk. City officials inspected the building and declared it an imminent risk to public safety. At a news conference Thursday, Mayor Marty Small said his administration would file papers in Superior Court later in the afternoon, asking a judge to order that the nearly 40-year-old building be torn down as soon as possible. But Icahn, who took ownership of the casino company through a bankruptcy proceeding, said through a spokesman he had already agreed to tear it down. “We are puzzled by the city's action,” Hunter Gary, president of real estate for Icahn Enterprises, said in a prepared statement. “In fact, we already decided to demolish the building, and have commenced the process, including finalizing contracts. If the mayor had simply called us instead of holding a press conference, we could have updated him as well.” The statement did not address when Icahn hopes to have the building demolished, and the company did not respond to a request for clarification on his timetable. In his news conference, Small did note that the city and Icahn have been in negotiations for several weeks regarding the demolition of the casino, which opened in 1984. “We are both on the same page about seeing this building demolished, but maybe with different paths,” he said. But Small added the recent deterioration of outer walls on the casino hotel...
- 03/12/2020
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Activist investor buys up stake in Oxy; here's why
- Icahn wants Oxy to be ready to sell into the consolidation he expects across the oil and gas market.
- 03/12/2020
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Atlantic City wants ex-Trump casino razed; owner agrees
- ATLANTIC CITY, N.J. (AP) — Atlantic City officials said Thursday that they will ask a judge to order the immediate demolition of a shuttered casino once owned by President Donald Trump, but its owner says he has already decided to tear it down. The maneuvering over the former Trump Plaza casino, now owned by billionaire Carl Icahn, comes after pieces of the building's facade tore loose in recent days and came crashing to the sidewalk. City officials inspected the building and declared it an imminent risk to public safety. At a news conference Thursday, Mayor Marty Small said his administration would file papers in Superior Court later in the afternoon, asking a judge to order that the nearly 40-year-old building be torn down as soon as possible. But Icahn, who took ownership of the casino company through a bankruptcy proceeding, said through a spokesman he had already agreed to tear it down. “We are puzzled by the city's action,” Hunter Gary, president of real estate for Icahn Enterprises, said in a prepared statement. “In fact, we already decided to demolish the building, and have commenced the process, including finalizing contracts. If the mayor had simply called us instead of holding a press conference, we could have updated him as well.” The statement did not address when Icahn hopes to have the building demolished, and the company did not respond to a request for clarification on his timetable. In his news conference, Small did note that the city and Icahn have been in negotiations for several weeks regarding the demolition of the casino, which opened in 1984. “We are both on the same page about seeing this building demolished, but maybe with different paths,” he said. But Small added the recent deterioration of outer walls on the casino hotel...
- 03/12/2020
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Atlantic City wants ex-Trump casino razed; owner agrees
- Atlantic City officials said Thursday that they will ask a judge to order the immediate demolition of a shuttered casino once owned by President Donald Trump, but its owner says he has already decided to tear it down. The maneuvering over the former Trump Plaza casino, now owned by billionaire Carl
- 03/12/2020
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The 50 Safest Stocks in the Stock Market
- No stock is totally safe, but some are safer than others.
- 03/12/2020
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Stocks That Hit 52-Week Lows On Thursday
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Carl Icahn Gets 10% Stake In Occidental Petroleum In A Bid To Overhaul Management
- An activist investor Carl Icahn has increased his stake in Occidental Petroleum Corporation (NYSE: OXY) to 10%, the Wall Street Journal reported Wednesday.What Happened Icahn held about 2.5% stake in the oil company at the end of 2019 but recently increased his stake as Occidental's shares dropped
- 03/12/2020
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PRESS DIGEST - Wall Street Journal - March 12
- The following are the top stories in the Wall Street Journal. Reuters has not ve...
- 03/12/2020
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Carl Icahn lifts stake in Occidental Petroleum to nearly 10%: WSJ
- Icahn, who held a roughly 2.5% stake in Occidental as of end-2019, has previously criticized its $38 billion deal for rival Anadarko Petroleum as a misplaced bet on oil prices rising, and has promised a proxy fight to win control of the company.
- 03/12/2020
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Carl Icahn lifts stake in Occidental Petroleum to nearly 10% – WSJ
- Activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to almost 10%, scaling up his fight to take control of the oil producer, the Wall Street Journal (WSJ) reported on …
- 03/12/2020
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Carl Icahn lifts stake in Occidental Petroleum to nearly 10% - WSJ
- Activist investor Carl Icahn has increased his stake in Occidental Petroleum Cor...
- 03/12/2020
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The Market Timing Secrets No One Talks About - March 11, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 03/11/2020
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The Market Timing Secrets No One Talks About - March 11, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 03/11/2020
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Icahn Enterprises LP Forecasted to Earn Q1 2020 Earnings of ($0.79) Per Share (NASDAQ:IEP)
- Icahn Enterprises LP (NASDAQ:IEP) – Analysts at Jefferies Financial Group issued their Q1 2020 earnings per share (EPS) estimates for Icahn Enterprises in a research report issued to clients and investors on Monday, March 9th. Jefferies Financial Group analyst D. Fannon forecasts that the conglomerate will post earnings per share of ($0.79) for the quarter. […]
- 03/11/2020
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Edited Transcript of IEP earnings conference call or presentation 28-Feb-20 3:00pm GMT
- Q4 2019 Icahn Enterprises LP Earnings Call
- 03/11/2020
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The Market Timing Secrets No One Talks About - March 11, 2020
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What is Carl Icahn's net worth?
- Carl Icahn, New York businessman and founder of Icahn Enterprises is one of Wall Street's most successful investors
- 03/10/2020
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