cross-referenced news and research resources about
Carl Celian Icahn (born February 16, 1936) is an American businessman, investor, and philanthropist. He is the founder and controlling shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City, formerly known as American Real Estate Partners. He is also Chairman of Federal-Mogul, an American developer, manufacturer and supplier of powertrain components and vehicle safety products.
In the 1980s Icahn developed a reputation as a "corporate raider" after profiting from the hostile takeover and asset stripping of the American airline TWA. According to Forbes Magazine, Icahn had a net worth of $16.6 billion in 2017, making him the 26th-wealthiest person on the Forbes 400, and the 5th wealthiest hedge fund manager.
Icahn served as special economic adviser on financial regulation to US President Donald Trump briefly in 2017, leaving amid concerns of conflicts of interest.
updated Tue. March 27, 2018
March 24, 2018
13Ds are filed with the Securities and Exchange Commission
within 10 days of an entity's attaining a greater than 5% position in any class of a company's securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material has been extracted from filings released ...
March 19, 2018
Other Facts:Did a brief stint in the Army
after dropping out of medical school
. Was close to his uncle
M. Elliot Schnall, who loaned him $400,000 to buy a seat on the New York Stock Exchange
. Has been sued and investigated numerous times for issues ranging from corporate debt
payment to ...
March 19, 2018
Newell Brands said it would appoint activist investor Carl Icahn
's four nominees to its board immediately. ... Newell Brands is giving billionaire
investor Carl Icahn
four board seats as it tries to rebuff another hedge fund
investor Starboard Value, which has been pushing for full control of the Sharpie ...
March 16, 2018
Billionaire Carl Icahn
reported a greater than 6 percent stake in Rubbermaid parent Newell Brands, calling them undervalued, according to a regulatory filing on Friday. The activist investor
said in a filing with the Securities and Exchange Commission
that he intends to talk with Newell management ...
March 7, 2018
is a great believer in Herbalife. He has been a substantial investor
in this stock since January 2013. He is very optimistic about Herbalife's (HLF) business model and believes it has set new standards for the personal product industry, where distributors play a key role. Last One Year ...
March 7, 2018
"We don't generally comment on rumors
, but the recent media speculation
regarding our sale of Manitowoc stock calls for a response. We state for the record: Any suggestion that we had prior knowledge of the Trump administration
's announcement of new tariffs on steel
imports is categorically untrue," ...
March 5, 2018
After a conflict of several years, Bill Ackman congratulated Carl Icahn last week on his bet on Herbalife (HLF). Carl Icahn is also a major shareholder of Hertz (HTZ), with a 35% stake. As the stock has dramatically underperformed the market during the ongoing bull market, its shareholders have essentiallyÃÂ ...
March 5, 2018
One of the nation's leading experts in insider trading, James D. Cox, believes that Carl Icahn's sale of more than 1 million shares of a steel-related stock just days before President Trump announced plans to impose steep tariffs on steel imports was “awfully suspicious” and “unquestionably” warrants aÃÂ ...
March 5, 2018
Trump Pal Carl Icahn Unloaded Millions In Steel-Related Stock Days Before Tariff. The billionaire sold before shares of crane manufacturer Manitowoc Co. plunged on Trump's tariff plan. By Mary PapenfussÃÂ ...
Press of Atlantic City
March 4, 2018
Icahn also has ties to Trump; he was an unpaid adviser to the president before resigning last August. A recent regulatory filing disclosed Icahn sold $31.3 million worth of stock in crane manufacturer Manitowoc Co. last month. Manitowoc could be hurt by Trump's tariffs, a threat that caused the company'sÃÂ ...
March 2, 2018
As the saying goes, timing is everything. Investor and former regulatory advisor Carl Icahn dumped $31.1 million of stock in a Wisconsin company that relies heavily on steel to make its products last week, days before President Donald Trump said he'd impose stiff tariffs on steel imports. The disclosure in aÃÂ ...
February 26, 2018
Technologies founder and CEO Michael Dell
was the buyer behind the $100.47 million purchase of a penthouse on Manhattan's Billionaire
's Row, according to two people familiar with the deal. The transaction, which closed in 2014, holds the record for the most expensive home ever sold in New ...
February 12, 2018
Activist investor Carl Icahn is urging Xerox shareholders to shred a planned takeover by Japan's Fujifilm. The American billionaire warned Monday that going ahead with the deal would be the "final death knell" for the iconic U.S. printer and copier company. Xerox (XRX) announced two weeks ago that itÃÂ ...
February 6, 2018
There are too many exotic, leveraged products and one day these securities are going to blow up the market, Carl Icahn tells CNBC. The billionaire investor says, "The market itself is way over-leveraged," and at some point could "implode." But for now, he believes, "This thing will probably bounce back.".
December 31, 1999
Focus on "simplistic but obvious things" when trying to gauge the direction of the stock market, said the billionaire. Ignore all the day-to-day headlines out of Washington, Icahn said, even as stocks came under pressure over trade war concerns. "I think the major thing you have to worry about and think aboutÃÂ ...
news and opinion