Carl Icahn's investing arm has lost billions of dollars in market cap since a critical report by short-seller Hindenburg Research was published on May 2.
Icahn Enterprises Inc.’s bonds saw better buying on Friday, after Carl Icahn’s investing arm announced it was halving its quarterly distribution, a move that disappointed unit holders but is positive for its bonds.
Bondholders are typically focused on making sure a company can make its interest payments and repay the principal when a bond matures. For more, see: Icahn Enterprises’ stock slides 30% after company halves quarterly distribution to $1 per unit The following table shows there was net buying over the last 10 days, focused on the 6.35% notes that mature in 2026.
For more, see: Carl Icahn admits he was wrong to take a huge short position on the market that lost $9 billion Many are not the best person for the job or even the most talented individual in the organization, he continued. Far too often, they have climbed through the ranks by being agreeable and presenting no threat to their superiors.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carl Davis Dies: ‘The French Lieutenant’s Woman’, ‘Pride And Prejudice’ & Silent Film Composer Was 86American-born conductor and composer Carl Davis, who had lived in the UK since 1961, has died in Oxford aged 86. BAFTA-winner Davis composed music for more than 100 TV programs, created new scores …
Read more »
Carl Davis, BAFTA-Winning Composer of ‘The French Lieutenant’s Woman,’ Dies at 86Carl Davis, the composer known for his BAFTA-winning score for “The French Lieutenant’s Woman” (1981), died of a brain hemorrhage on Thursday. He was 86. Davis’ family issue…
Read more »
True crime fans can now obsess over San Diego and Tijuana in new novel, 'Saving Myles'Carl Vonderau, former banker turned crime author, is ready to release his newest novel set between San Diego and Tijuana.
Read more »
Alabama congressmen say ‘sham’ Trump indictment politically motivatedMembers of Alabama’s congressional delegation said this week’s indictment of former President Donald Trump over his efforts to overturn the 2020 election is a “sham” and a case of political retaliation.
Read more »
Indian ministry examines market regulator's allegations against Zee - ET NOWIndia's Ministry of Corporate Affairs (MCA) is examining irregularities in Zee Entertainment Enterprises as alleged by the market regulator, ET Now reported on Friday.
Read more »