Penn covers the Financial sector, focusing on stocks such as TriplePoint Venture Growth, CION Investment Corp, and SLR Investment Corp. Barings BDC has an analyst consensus of Hold, with a price ...

Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its ...

Icahn Enterprises said it believes the energy company's shares are currently undervalued and represent an attractive ...

Real estate investment giant Blackstone has agreed to buy San Diego-based Retail Opportunity Investments Corp., which ...

Ameriprise Financial, the firm’s parent company, will transition the firm’s $5.5 billion in assets to other investment firms over the next several months, the Houston Business Journal reported.

Icahn ( IEP) said it will launch a tender offer to acquire 15M additional common shares of CVR Energy (NYSE: CVI) for ...

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%.

IEP added that to fund its investment in CVR and additional opportunities, and to maintain its war chest, it will cut its quarterly dividend to 50 cents from $1 a share. Icahn's firm cut its quarterly ...

To fund the transaction—and others inside and outside his portfolio down the road—Icahn said he is halving IEP’s dividend ...

With this transaction, the Scion Group now owns and operates 140 communities in 82 campus markets across 35 states. The ...

CVR Energy (NYSE:CVI) +4% and Icahn Enterprises (IEP) -5.3% pre-market Friday after Icahn confirmed plans to raise its stake ...

The investment strategy as stated in the fund's prospectus is as follows: The investment seeks total return which exceeds the total return of its benchmark index over a full market cycle.