Scott Deveau

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Billionaire Investor Carl Icahn Is Betting Against GameStop Shares

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Icahn began shorting GameStop during the height of the meme-stock frenzy around January 2021.

Ackman Loses More Than $430 Million On 3-Month Netflix Bet

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Netflix shares plunged after the streaming TV pioneer reported an unexpected drop in subscribers.

Twitter Gains As Board Plots Defense Strategy Against Musk

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The shares are gaining amid speculation that Twitter will strike a deal that is more palatable to shareholders.

Brookfield To Launch Private REIT With Assets From Oaktree

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The Oaktree REIT has returned 10.3% annually since its inception in December 2019.

Carl Icahn Says He May Get Into Cryptocurrencies In A 'Big Way'

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The billionaire investor said he is studying the crypto sector to determine where the opportunities are.

Defeats By Tiny Investors Send A Wake-Up Call To Big Business

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Oil giant Exxon Mobil and French yogurt maker Danone both saw their leadership upended by tiny investors this year.

Carl Icahn Taps Ex-GE M&A Chief To Lead Namesake Firm

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Aris Kekedjian, a 30-year GE veteran, is replacing Keith Cozza as CEO of Icahn Enterprises.

Columbia Property Gets Takeover Offer From Investors

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The REIT's shares fallen about 28% over the past five years despite a roughly 25% gain over the past 12 months.

Singer, Facebook Co-Founder Latest To Join SPAC Bandwagon

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In one day, high profile investors including Paul Singer and Eduardo Saverin joined the blank-check parade.

Icahn Sells $600 Million Herbalife Stake, Gives Up Board Seats

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Icahn is winding down his holdings in the nutritional-supplements company after an eight-year investment.

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