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Carl Icahn

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Top Carl Icahn Articles see all

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  • Icahn offers $20 million to keep Atlantic City Trump casino open

    Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
  • Falling oil prices hit junk bonds in energy sector

    NEW YORK (Reuters) - Several months ago, U.S. mutual funds scooped up most of the $1.25 billion in high-yield junk bonds issued by Denbury Resources Inc, a Plano, Texas, oil and gas exploration company. But since late August, amid falling oil prices, the...

    Apple Unveils New iPads, iMac

    Apple took the wraps off of its new line of iPads, the first considerable update to the tablet since 2010, as well as well as a new iMac screen that significantly enhances its high-definition video capabilities. The new products include the iPad Air 2...

    PayPal spinoff seen critical for eBay amid e-commerce weakness

    PayPal spinoff seen critical for eBay amid e-commerce weakness
    A recovery in eBay Inc's core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its full-year revenue forecast. The...

    Carl Icahn to Apple CEO: Company Shares Are Worth Double Current Price

    Activist investor Carl Icahn, who owns 53 million shares in Apple, posted a letter to CEO Tim Cook Thursday urging the company to use its cash hoard to increase share repurchases and saying the company's stock is currently trading at half its value...