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Keyword: carlicahn

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  • Billionaire Carl Icahn moving business from NY to Florida for lower taxes: report

    09/13/2019 8:07:59 AM PDT · by Olog-hai · 16 replies
    Fox News ^ | 09/13/2019 | Edmund DeMarche
    Carl Icahn, the legendary investor, has told employees that he is moving his company from New York to Miami and a report said his decision to move is based on the Big Apple’s higher taxes. Icahn, 83, whose net worth is about $20.4 billion, is set to move his home and business from the city due to the taxes, sources told Bloomberg. The report said that it is not uncommon for billionaires to settle in the state which is one of seven without a personal income tax. The report pointed to New York’s 8.82 percent rate. …
  • Federal Subpoenas Seek Info on Carl Icahn’s Role as Trump Adviser

    11/08/2017 1:48:41 PM PST · by Oldeconomybuyer · 15 replies
    NBC "News" ^ | November 8, 2017 | by TOM WINTER and TRACY CONNOR
    Prosecutors are investigating whether billionaire businessman Carl Icahn pushed for a federal policy change that would have benefited one of his investments while he was serving as an adviser to President Donald Trump. The U.S. attorney's office in Manhattan has issued subpoenas to Icahn's company and another company, CVR Energy, in which he has an 82 percent stake, both firms disclosed in regulatory filings. CVR is a publicly traded company that specializes in refining and is valued at nearly $3 billion. The companies said they are cooperating with the subpoenas, which were first reported by Bloomberg. "The U.S. Attorney's office...
  • Billionaire Carl Icahn Attacks ‘Entitled’ 1 Percent in Video

    09/28/2015 10:02:21 PM PDT · by nickcarraway · 8 replies
    New York Post ^ | September 27, | Josh Kosman
    Billionaire shareholder activist Carl Icahn is now the latest to attack the 1 percent. “I’m saying the wealthy, the elitists, are a little oblivious to the problems” facing the country, Icahn told The Post. “They are my friends but they feel a certain sense of entitlement.”
  • Donald Trump just got the endorsement of billionaire Wall Streeter Carl Icahn

    09/28/2015 6:23:45 AM PDT · by RoosterRedux · 47 replies
    businessinsider.com ^ | Julia La Roche
    Billionaire investor Carl Icahn told Bloomberg News that he's endorsing Donald Trump because he's the sort of leader the US needs at this time. "I disagree on certain points I don’t want to get into, I’m sure those can be worked out, but the basic thing is, you need somebody that can get things going in Congress, and I think he can do it. You need somebody that understands business, and I think he understands it," Icahn told Bloomberg. Shortly after Trump launched his campaign, the candidate appeared on MSNBC's "Morning Joe." On the show, the billionaire real-estate magnate said...
  • Trump: ‘Carl Icahn Could Turn U.S. Trade Deals Around’

    08/20/2015 10:48:04 AM PDT · by SeekAndFind · 4 replies
    Fox Business ^ | 08/20/2015 | By Suzanne O'Halloran
    Activist investor Carl Icahn has made billions of dollars pushing companies such as Apple and Yahoo to do more for their shareholders. His style and success are not lost on GOP hopeful Donald Trump who says he would tap Icahn to improve U.S. trade deals if elected. “I said, Carl, you're great at this. I'm great at this. We have -- there aren't too many of us. We need to bring our country back. Our trade deals are so bad." Trump, who made these remarks on FOX Business Network’s Mornings With Maria, also called out the countries that are winning...
  • Billionaire Carl Icahn wants to be Trump's Treasury Secretary after all

    08/20/2015 10:45:19 AM PDT · by SeekAndFind · 9 replies
    CNN Money ^ | 08/20/2015
    Score another point for Donald Trump. Investor and Hedge fund manager Carl Icahn was so impressed with Trump's debate performance Thursday night that he's ready to be part of President Trump's cabinet. "After last night's debate I decided to accept @realDonaldTrump offer for Secretary of Treasury," Icahn tweeted Friday afternoon. It's a major turnaround for Trump. Only a few weeks ago, Icahn, a 79-year-old billionaire famous for pressuring companies to restructure, told Trump "no thanks" to the offer to be Treasury Secretary. "I was extremely surprised to learn that Donald was running for president and even more surprised that he...
  • Insider Trading: If Phil Mickelson Traded On Carl Icahn's Tips, He's a Hero

    06/03/2014 7:26:16 AM PDT · by SeekAndFind · 36 replies
    RCM ^ | 06/02/2014 | John Tamny
    By now most are familiar with the allegations involving championship golfer Phil Mickelson. Supposedly using information passed on to him by Las Vegas bettor William Walters, Mickelson allegedly completed stock-market trades that were informed by tips given to Walters by billionaire investor Carl Icahn. Mickelson has denied any wrongdoing in the confused legal sense of "insider trading," but assuming he's committed capital based on privileged information provided by Icahn, readers should cheer his actions. To be blunt, to the extent that Mickelson traded on information that originated with Icahn, he's a hero for having so done so. That's the case...
  • Mark Mobius Echoes Carl Icahn: "There Is Definitely Going To Be Another Financial Crisis"

    05/30/2011 9:34:15 AM PDT · by george76 · 12 replies
    zh ^ | 05/30/2011 | Tyler Durden
    In an almost verbatim repeat of Carl Icahn's words of caution which we noted yesterday, Templeton's legendary chairman Mark Mobius said that "another financial crisis is inevitable because the causes of the previous one haven’t been resolved" ... at the Foreign Correspondents’ Club of Japan in Tokyo... "There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,” Mobius said at the Foreign Correspondents’ Club of Japan in Tokyo today in response to a question about price swings...nothing in the structure of capital markets has changed,...
  • Facebook's Zuckerberg pledges to give away wealth

    12/09/2010 5:12:45 PM PST · by mlizzy · 54 replies
    Comcast ^ | 12-9-10 | BARBARA ORTUTAY
    NEW YORK — Another 17 of America's richest people, including Facebook CEO Mark Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have promised to give away most of their wealth. At 26, Zuckerberg has put himself on the map not only as one of the world's youngest billionaires, but also as a prominent newcomer to the world of philanthropy. Earlier this year, he pledged $100 million over five years to the Newark, N.J. school system. Now, he's in the company of media titans Carl Icahn, 74, Barry Diller, 68, and others who have joined Giving Pledge, an...
  • [Billionaire Investor Carl]Icahn: Obama Would Be a Terrible President

    05/22/2008 10:33:39 PM PDT · by 2ndDivisionVet · 12 replies · 155+ views
    Newsmax Money News ^ | May 22, 2008 | Staff
    Carl Icahn, the billionaire investor best known for shaking up public companies, says he is very concerned about the Democratic frontrunner, Barack Obama. “I personally think he would be a terrible president,'' Icahn told investors in New York, according to wire reports. Icahn thinks a President Obama would increase spending dramatically, something he says “the country can't afford right now.” An Obama spending spree and the resulting tax hikes to pay for it would kill the dollar and result in higher interest rates, Icahn warned. “I don't think Obama really understands economics,'' Icahn said. Obama also would take office with...
  • Reports: Carl Icahn considering attempt to oust Yahoo board

    05/13/2008 3:15:00 PM PDT · by SmithL · 7 replies · 46+ views
    Billionaire investor Carl Icahn reportedly is snapping up Yahoo stock in preparation for a possible attempt to replace the Internet company's board after the directors turned down Microsoft's $47.5 billion takeover offer. Icahn has bought as many as 50 million Yahoo shares, both CNBC and The Wall Street Journal reported Tuesday. That would give Icahn a 3.6 percent stake in the Internet pioneer.
  • JUDI IN DISGUISE ON TRAIL (Rudy's wife a no-show at posh campaign event)

    06/24/2007 5:33:45 PM PDT · by Liz · 8 replies · 678+ views
    NY POST ^ | June 24, 2007 | GINGER ADAMS OTIS
    ........Judith Giuliani's been gun-shy since March, when her rambling speech at her husband's first major fund-raiser garnered unflattering reviews........
  • Blockbuster's die-off is no tearjerker (Netflix, too?)

    01/02/2005 11:07:50 AM PST · by MississippiMasterpiece · 251 replies · 5,737+ views
    Denver Post ^ | January 02, 2005 | Al Lewis
    It's quite an epic, watching Blockbuster die. The nation's No. 1 video chain hopes to prolong its life with a hostile bid for the No. 2 video-store chain, Hollywood Entertainment. But make no mistake - it's dying. The whole video- store industry is dying, too. Meanwhile some high-rolling financiers are picking over the corpses. Renegade capitalist Carl Icahn has emerged as the largest investor in both Texas-based Blockbuster and Oregon- based Hollywood. Icahn is trying to put the chains together in a $1 billion deal. He'll most likely try to turn a fast buck with synergies, economies of scale, cost-...