Topic: Carl Icahn
01/28/2015, 01:01 pm
Activist investor Carl Icahn believes shares of Apple should be valued much higher than their current trading price, and on Wednesday said he even plans to revise his own price target for the stock, which he called a "no-brainer" investment.
10/10/2014, 11:10 am
While billionaire Carl Icahn is unlikely to get his way with Apple, his assessment that the company's stock is massively undervalued should help establish a floor for the stock, preventing it from going below about $95, one analyst believes.
10/09/2014, 02:10 pm
After activist investor Carl Icahn published a letter Thursday asking Apple to increase its share buyback efforts once again, the company responded with a statement indicating it's in no rush to make any changes.
Carl Icahn says Apple should buy more of its 'dramatically undervalued' stock, reveals valuation of $203
10/09/2014, 08:10 am
Activist investor Carl Icahn published an open letter to Apple CEO Tim Cook on Thursday, revealing that he thinks shares of the company are "dramatically undervalued," presenting it with an opportunity to buy back even more of its own shares at a tremendous discount via a tender offer.
10/08/2014, 03:10 pm
Investor and activist Carl Icahn, who previously had a public battle with Apple over its cash hoard, has revealed he will be sending another open letter to Chief Executive Tim Cook on Thursday, and indicated he believes the note "will be interesting."
05/15/2014, 07:05 pm
Billionaire investor Carl Icahn, who is known to use his substantial clout to steer public companies' financial policies, recently boosted his stake in Apple by 2.8 million shares worth nearly $1.65 billion.
02/10/2014, 09:02 am
Billionaire activist investor Carl Icahn on Monday dropped efforts push for Apple to spend the bulk of its considerable sum of cash on its own shares, citing recent stock repurchases by the company as "so close" to fulfilling his original goals.
02/09/2014, 08:02 pm
Well-known proxy advisory firm Institutional Shareholder Services on Sunday released a report recommending AAPL shareholders vote against a proposal from activist investor Carl Icahn, who wants Apple to repurchase $50 billion worth of stock.
01/28/2014, 12:01 pm
With the share price of Apple dropping more than $40 in Tuesday morning trading following a disappointing earnings report, billionaire investor Carl Icahn announced he has bought another $500 million stake in the company.
01/23/2014, 03:01 pm
Activist investor Carl Icahn revealed on Thursday that he just invested another $500 million in Apple, bringing his stake in the company to $3.6 billion. Coinciding with the announcement, he issued a new 7-page letter to investors encouraging them to vote in favor of his share buyback proposal.
01/22/2014, 11:01 am
Billionaire activist investor Carl Icahn took to his official Twitter account on Wednesday to reveal that he has purchased $500 million more shares of Apple stock in the last two weeks, and called his continued investment in the company a "no brainer."
01/03/2014, 03:01 pm
Activist investor Carl Icahn, who has a history of using his money and power to influence publicly traded companies and most recently made Apple one of his targets, is now setting his sights on Hertz, buying as many as 40 million shares in the rental car company.
12/04/2013, 03:12 pm
Billionaire investor and financial activist Carl Icahn has filed a shareholder proposal with Apple, seeking support for spending even more of the company's cash reserves on its own shares.
11/19/2013, 12:11 pm
Though billionaire Carl Icahn owns considerable stakes in both Apple and Nuance Communications, the investor revealed this week he has no plans to push for a marriage between the two companies, despite their existing partnerships.
10/24/2013, 12:10 pm
Appearing in a television interview Thursday afternoon, billionaire investor Carl Icahn said that he would consider, but will not commit to, a possible proxy vote to force Apple executives to buy back more of their own shares, if they don't agree to his proposal.
10/24/2013, 09:10 am
In an open letter to Apple Chief Executive Tim Cook, billionaire investor Carl Icahn has pushed the company to issue an immediate tender offer for $150 billion in stock from shareholders at current market value.
10/23/2013, 03:10 pm
Well-known investor Carl Icahn has sent a letter to Apple Chief Executive Tim Cook continuing to push for a larger share buyback, and the billionaire plans to divulge the contents of the letter on a new website he will launch this week.
10/01/2013, 02:10 pm
While he initially described dinner with Tim Cook as "cordial," Icahn later revealed in an interview that his talks with Apple's CEO about the use of the company's cash reserves were "a little testy" at times.
10/01/2013, 10:10 am
Apple Chief Executive Tim Cook met with billionaire investor Carl Icahn for dinner on Monday night, in a meeting in which Icahn pressured Cook to initiate a $150 billion buyback of AAPL stock.