Bill Ackman is the founder and CEO of Pershing Square Capital Management. The 58-year-old ‘activist investor,’ who has a ...

Icahn Enterprises LP’s stock tumbled 7.6% Friday, after Carl Icahn’s investing arm again halved its dividend, this time to help raise the funds to expand his stake in portfolio company CVR Energy.

Despite the recent drop in CVR’s share price, Icahn Enterprises believes the company is undervalued and that shareholders would benefit from a premium cash-out. To fund this transaction and ...

Billionaire Carl Icahn's Icahn Enterprises (NASDAQ:IEP) plans to cut its dividend in half in order to fund a boost of its stake in CVR Energy (NYSE:CVI). Icahn plans to boost his stake in CVR ...

Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Icahn Enterprises LP will distribute a ...

Nov 8 (Reuters) - Icahn Enterprises (IEP.O), opens new tab, headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in Texas-based refiner ...

Carl Icahn’s private hedge fund cut its losses in the third quarter. But it remains in the red. The octogenarian’s publicly traded investment firm, Icahn Enterprises, reported a 7.6 percent ...

Carl Icahn of Icahn Enterprises (IEP) said in the company’s earnings release, “As of October 31, we had approximately $2.3 billion between cash and cash equivalents at the holding company and ...

First of all, they are cutting the distribution because the holding wants to hold onto cash in order to make a play at CVR Energy (CVI), which is Icahn's refinery play that he has taken control of ...

Operator: Good morning, and welcome to Icahn Enterprises L.P. Third Quarter ... an additional $800 million of cash at the funds. So as Carl likes to say, we have a significant war chest to take ...

Good morning, and welcome to Icahn Enterprises LP third-quarter 2024earnings ... an additional $800 million of cash at the funds. So as Carl likes to say, we have a significant war chest to ...