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Carl Icahn

A collection of news and information related to Carl Icahn published by this site and its partners.

Top Carl Icahn Articles

Displaying items 23-33
  • EBay follows Icahn's advice, plans PayPal spinoff in 2015

    EBay follows Icahn's advice, plans PayPal spinoff in 2015
    (Reuters) - EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows. The surprise move is a...
  • Factbox - EBay CEO's comments since January on PayPal spinoff

    (Reuters) - EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn's proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff...
  • EBay plans PayPal spinoff in 2015

    EBay plans PayPal spinoff in 2015
    EBay Inc. plans to spin off its PayPal unit next year, bowing to activist investor Carl Icahn's argument that the move would free the fast-growing payments business to compete more fiercely in the competitive mobile payments market. The move, announced...
  • Ebay escindirá su filial de pagos Paypal en 2015

    (Reuters) - Ebay dijo que escindirá PayPal, su unidad de pagos que está creciendo rápidamente y que se convertirá en una empresa que cotice en bolsa en el segundo semestre de 2015. La noticia provocaba un alza de un 7 por ciento de las acciones de eBay a...
  • EBay to spin off PayPal

    SAN JOSE, Calif. EBay said on Tuesday it will spin off PayPal into a separate, publicly traded company, more than a decade after acquiring the lucrative online payments business. The move is a response to demands from investors who have for months called...
  • EBay will spin off PayPal, giving in to Carl Icahn

    Online marketplace EBay Inc. is bowing to investor pressure by spinning off its payment business PayPal into a separate publicly-traded company by 2015. Wall Street cheered the news Tuesday and pushed up shares of EBay by 6.8% to $56.24 in morning...
  • Hedge fund Third Point joined Icahn in pressuring eBay: source

    BOSTON (Reuters) - Third Point LLC, the hedge fund run by Daniel Loeb that is known for pushing companies to perform better, has taken a "significant" stake in eBay Inc and has had discussions with its chief executive officer, a source familiar with the...
  • EBay to spin off PayPal in 2015

    EBay to spin off PayPal in 2015
    EBay plans to spin off its PayPal unit next year, bowing to activist investor Carl Icahn's argument that the move would free the fast-growing payments business to compete more fiercely in the competitive mobile payments market. The move, announced on...
  • McDonald's shares rise, rumors ensue

    Shares of McDonald’s Corp. jumped as much as 2.7 percent on Monday afternoon, the biggest percentage gain in months for the world’s largest restaurant company, amid social media speculation that a major investor might be eating up the shares....
  • Trump Entertainment begins race to save Atlantic City casino

    Trump Entertainment begins race to save Atlantic City casino
    WILMINGTON Del (Reuters) - Trump Entertainment Resorts received U.S. Bankruptcy Court approval on Wednesday for an agreement that gives it 30 days to craft a cost-cutting turnaround plan to save its Taj Mahal casino-hotel from liquidation. A lawyer for...
  • Atlantic City's Trump Entertainment Resorts files for bankruptcy

    Sept 9 (Reuters) - Trump Entertainment Resorts Inc , which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. The company, which Donald Trump founded but no longer controls, operates...