carl icahn

Wall Street is worried about Carl Icahn

The value of the 88-year-old activist investor’s stake in his own company has fallen by nearly US$20 billion

Carl Icahn said the outcome allowed him to put to rest the short-seller’s “scurrilous and unsupported” allegations as federal authorities had investigated Hindenburg’s claims but chosen not to take action.

Icahn settles with US SEC over alleged disclosure failures

BILLIONAIRE investor Carl Icahn and his firm Icahn Enterprises LP (IEP) have settled charges that for years he failed to disclose pledging the majority of the firm’s securities for billions in persona...

Carl Icahn has a long history of investing in the gambling sector, owning casinos from Atlantic City to Las Vegas.

Carl Icahn builds sizable stake in casino group Caesars

CARL Icahn has amassed a sizable position in Caesars Entertainment, according to people familiar with the matter, raising the prospect of a fresh tussle with the US hotel and casino operator.

Billionaire Carl Icahn is one of the industry’s best-known activist investors as he has taken on numerous companies that he believed to be overvalued.

Carl Icahn’s firm cuts dividend by 50% after short-seller attack, shares slump

CARL Icahn-owned investment firm Icahn Enterprises on Friday (Aug 4) halved its quarterly payout, months after short-seller Hindenburg Research accused it of operating a “Ponzi-like” structure to pay ...

Icahn, 87, is Icahn Enterprises’ biggest shareholder with an 85 per cent interest in the investment group, whose holdings span energy, auto dealers, food packaging and real estate among other industries.

Carl Icahn’s net worth jumps by US$1 billion as company’s shares surge on loan agreement

CARL Icahn’s fortune got a US$1.1 billion boost Monday (Jul 10) after his Icahn Enterprises disclosed amended loan agreements with its iconic founder.

The move comes two days after Carl Icahn, who’s made a career out of starting corporate brawls, found himself on the receiving end of criticism when Hindenburg disclosed a short call against his investment firm.

Icahn Enterprises issues dividend after Hindenburg attack

ICAHN Enterprises, under pressure from short-seller Hindenburg Research, said it would pay a dividend of US$2.00 per unit to investors, sending shares higher aftermarket.

All told, Icahn’s fortune sank by an unprecedented 41 per cent to US$14.6 billion, according to the wealth index, dropping him from the world’s 58th-richest person to the 119th.

Carl Icahn’s wealth plunges US$10 billion on Hindenburg ‘ponzi-like’ accusation

CORPORATE activist Carl Icahn’s fortune tumbled more than US$10 billion on Tuesday (May 2) after short-seller Hindenburg Research accused him of using a “ponzi-like” economic structure at his investme...