×

Hedge Funds Carl Icahn

  • *Five-decade-old JV is 75 pct owned by Fujifilm. Jan 18- Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp's long-running photocopier joint venture with Fujifilm Holdings, reiterating demands for a change of leadership at Xerox. In an open letter addressed to shareholders on Thursday, Icahn added his voice to that of...

  • Jan 18- Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp's long-running photocopier joint venture with Fujifilm Holdings, reiterating demands for a change of leadership at Xerox. The joint venture, called Fuji Xerox, reported operating profit of about $750 million on sales of $10 billion in the year ended last March.

  • Jan 18- Hedge fund investor Carl Icahn called on Thursday for the termination or renegotiation of Xerox Corp's long-running joint venture with Fujifilm Holdings reiterating demands for a change of leadership at Xerox. Xerox and Fujifilm have a five-decade-old copier joint venture focusing on the Asia-Pacific region including Japan and China.

  • Jan 18- Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow stakeholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated, and reiterated a change in leadership. Carl Icahn through Icahn Associates Corp holds about a 9.7 percent stake in Xerox- making him the largest shareholder, while...

  • Jan 18- Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow shareholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated.

  • Jan 17- Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp, saying U.S. securities laws require it. Xerox and Fujifilm have a five-decade-old copier joint venture focusing on the Asia Pacific region including Japan and China, leaving Xerox to cover the...

  • HOUSTON, Jan 17- SandRidge Energy Inc met with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic. A week ago, in a letter referencing the Wednesday meeting, Icahn called on the Oklahoma City-...

  • Jan 17- Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp, saying U.S. securities laws require it should do so. Xerox and Fujifilm have a five-decade-old copier joint venture focusing on the Asia Pacific region including Japan and China, leaving Xerox to...

  • HOUSTON, Jan 17- SandRidge Energy Inc plans to meet with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic. A week ago, in a letter referencing the Wednesday meeting, Icahn called on the...

  • HOUSTON, Jan 17- SandRidge Energy Inc is expected to meet with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic. A week ago, he called on the Oklahoma City- based company to replace two...

  • *Activist investor Carl Icahn has called for new leadership at Xerox. Norwalk, Connecticut- based Xerox been targeted by activist investor Carl Icahn as it struggles to reinvent its legacy business amid waning demand for office printing. Xerox, which pioneered photocopiers, and Fujifilm already have a five-decade old Tokyo- based copier joint venture...

  • NEW YORK, Jan 9- Billionaire investor Nelson Peltz has a message for America's corporate chiefs; when he calls they do not automatically have to fear for their jobs. Peltz's $13 billion Trian Fund Management is widely regarded as one of the world's most influential activist investment firms, holding board seats at companies from Wendys Co to General Electric...

  • NEW YORK, Jan 9- Billionaire investor Nelson Peltz has a message for America's corporate chiefs; when he calls they do not automatically have to fear for their jobs. Peltz's $13 billion Trian Fund Management is widely regarded as one of the world's most influential activist investment firms, holding board seats at companies from Wendys Co to General Electric...

  • Jan 9- SandRidge Energy Inc's biggest shareholder, Carl Icahn, called on Tuesday for the replacement of two directors and the removal of a poison pill barring individual shareholders from accumulating more than 10 percent of the U.S. shale producer's stock. The move was the latest in the billionaire investor's dispute with the Oklahoma City- based oil and gas...

  • Jan 9- SandRidge Energy Inc's biggest shareholder, Carl Icahn, called on Tuesday for two of the U.S. shale producer's directors to be replaced, blasting the board for failing to rein in what he sees as profligate executives. Icahn said in a letter to Chairman John Genova that he wanted to nominate one new director, while the other would be determined by other large...

  • LOS ANGELES— Move over, "Star Wars," there are some new box office champs this weekend. Columbia Pictures says Sunday that the Dwayne Johnson and Kevin Hart- led "Jumanji" is estimated to have earned an additional $36 million this weekend, bringing its total to $244.4 million. In second place is the horror film "Insidious: The Last Key," the fourth in the franchise, which...

  • WASHINGTON, Jan 5- When the administration of U.S. President Donald Trump proposed new subsidies for coal and nuclear plants, it seemed like an obvious way to deliver on campaign promises to boost the nation's energy industry. Subsidies dont make you competitive- and dont make you great again, said Robert Flexon, the president and chief executive of Dynegy Inc, a...

  • Dec 15- Activist investor Carl Icahn on Friday stepped up its fight against SandRidge Energy Inc's plan to buy a rival, urging fellow stockholders to vote against the oil and gas company's plan to issue shares for the $746 million deal. Icahn, SandRidge's biggest shareholder with a 13.5 percent stake, has called the offer worth $19.20 per share in cash and $16.80...

  • Dec 15- Activist investor Carl Icahn on Friday urged SandRidge Energy Inc's stockholders to vote against the oil and gas company's plan to issue shares for its proposed acquisition of Bonanza Creek Energy. Icahn, SandRidge's biggest shareholder with a 13.5 percent stake, has called SandRidge's $746 million offer $19.20 per share in cash and $16.80 in stock...

  • WILMINGTON, Del., Dec 14- Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, in an opinion that will likely restrict a hedge fund strategy aimed at wringing cash from mergers. Last year, a Delaware Court of Chancery judge ordered Dell to pay Magnetar Capital and other...