Carl Icahn
Carl Icahn is a billionaire financier, ranking #18 on the 2007 Forbes 400 list with an estimated net worth of $14.5 billion.
Icahn built a name for himself in the 1980s as a corporate raider. After keeping quite for years, Icahn made a major comeback as a 'activist investor'. An activist investor agitates companies for changes, including buyouts, share buybacks, and dividend increases.
Icahn has successfully pushed for changes at Time Warner (NYSE: TWX) and Temple-Inland (NYSE: TIN), among others. Icahn won board seats at Motorola (NYSE: MOT) after first failing.
In 2007, Icahn's activism successfully pushed biotech company MedImmune into a sales agreement with AstraZeneca (NYSE: AZN). Icahn is also involved with biotech company Imclone Systems (Nasdaq: IMCL), where he is Chairman of the Board.
In early, 2008 Icahn activist target BEA Systems (Nasdaq: BEAS) was sold to Oracle (Nasdaq: ORCL). Icahn held a 13% stake in BEA.
Icahn is also involved with developments at Biogen Idec (Nasdaq: BIIB) and WCI Communities (NYSE: WCI), which both unsuccessfully explored sales. WCI rejected a $22 per share takeover offer from Icahn in early 2007, only to see its stock plummet on the housing slowdown.
In 2008, Icahn targeted Yahoo! (Nasdaq: YHOO) after the Internet company failed to work out an acceptable merger agreement with Microsoft (Nasdaq: MSFT) Microsoft walked away from its bid for Yahoo! after months of bickering.
Take-Two Interactive (NASDAQ: TTWO) shares are trading down modestly ahead of the company's first quarter earnings release expected after the market closes on Wednesday, March 3, 2010.
The company is expected to post a loss of $0.50 per share with revenues of $132.43 million. Last quarter, Q409, Take-Two put up EPS of $0.09 on revs of $343.4 million -- both topping views. Looking back a full year to Q1 of 2009, the company reported a quarterly loss of $0.52 on sales of $256.8 million, once again ahead of analysts estimates.
Shares of TTWO moved down 8.4% throughout the last quarter ...
Late Friday, activist investor Carl Icahn issued 13Fs for the quarter ended December 31, 2009 for himself and his hedge fund Icahn Capital. Below is a summary of his activities when comparing the fourth quarter 13F with the third quarter.
Notably, Icahn stepped up his investment in gaming software company Take-Two Interactive (Nasdaq: TTWO), although this was already known through a 13D filing ...
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6746057
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6736565
Take-Two (Nasdaq: TTWO) closed at $9.28. Icahn increased his stake ...
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Icahn Boosts Stake in Take-Two (TTWO) to 12.3%
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Form 4 TAKE TWO INTERACTIVE For: Jan 26 Filed by: ICAHN CARL C
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Form 4 TAKE TWO INTERACTIVE For: Jan 26 Filed by: ICAHN CARL C
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Form SC 13D/A TAKE TWO INTERACTIVE Filed by: ICAHN CARL C
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Form 4 TAKE TWO INTERACTIVE For: Jan 21 Filed by: ICAHN CARL C
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Form SC 13D/A TAKE TWO INTERACTIVE Filed by: ICAHN CARL C
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Take-Two Interactive Software, Inc. to Nominate Three New Directors at 2010 Annual Meeting
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Take-Two Interactive (TTWO) Options Limited Going Into FY10 - Barron's
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Take-Two (TTWO) Jan volatility elevated at 69, February at 64
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Icahn Discloses 11.3% Stake in Take-Two (TTWO), Says Shares Undervalued
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Icahn Boosts Stake in American Railcar (ARII), Maintains Large Yahoo! (YHOO) and Motorola (MOT) Holdings
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Icahn Capital: Sells - APC, TIN, WMB; Buys - LGF, TTWO, AMLN
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Summary of Icahn Capital 13F; New Stake In JCP, Ups Stakes in APC, M
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Take-Two Interactive (TTWO) volatility Elevated as shares rally
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Take-Two Interactive (TTWO) volatility Flat at 62
