Carl Icahn Posts

Apple Inc. (AAPL): Carl Icahn now has 45 million shares

Carl Icahn
Carl Icahn now has a total of 45 million Apple Inc. (NASDAQ:AAPL) shares, according to a 13F filing with the SEC. The filing includes the 7-for-1 stock split that Apple set up in June. This values his holdings in Apple at about $5 billion. Icahn also sold 480,000 shares of Netflix, which puts his holdings at 1.76 million shares worth $777 million. Icahn increased his stake in Gannett with another 2.7 million shares to a total of 15 million. He bought a stake in Gannett because he believes the company is undervalued and may benefit from splitting its print and broadcasting assets.
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Apple Inc. (AAPL): Carl Icahn increases stake to $4 billion

Carl Icahn
Carl Icahn has disclosed some of the details of his position in Apple Inc. (NASDAQ:AAPL), eBay, and Herbalife this afternoon. The investor’s 13-F filing lists a previously undisclosed stake in eBay worth $1.5 billion. His stake in Apple increased by nearly 60% to $4 billion. And his stake in Herbalife increased by under 1% to $974 million.
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eBay Inc (EBAY): Carl Icahn steps away from proxy fight

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eBay Inc (NASDAQ:EBAY) and Carl Icahn have made a settlement in their proxy fight. Icahn dropped his demand to have two of his employees added to eBay’s board of directors. He will no longer campaign to have PayPal split from eBay. eBay is allowing Icahn to appoint former AT&T CEO David Dorman as an independent director.
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eBay Inc (EBAY): Carl Icahn suggests partial PayPal IPO

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Billionaire activist investor Carl Icahn is suggesting that eBay Inc (NASDAQ:EBAY) spins off 20% of PayPal in an IPO. He has released a detailed plan for the separation of PayPal and eBay since the beginning of an unsolicited campaign in January.

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eBay Inc (EBAY) drops CEO’s pay by 53%

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eBay Inc (NASDAQ:EBAY) has dropped the pay of CEO John Donahoe by 53%. Donahoe was paid $13.8 million, including salary and bonus in 2013. This is down from $29.7 million a year ago. His basic salary increased by 2%, but the annual cash incentive fell by 43% from a year earlier. Donahoe performed well, but eBay’s financial performance did not “fully meet expectations.”
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eBay Inc (EBAY) rejects Icahn’s nominees for board of directors

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eBay Inc (NASDAQ:EBAY) is in the midst of a major disagreement with billion activist investor Carl Icahn. One of the latest blows to Icahn in the disagreement is that eBay rejected his two nominees for the board of directors and decided to renominate every director up for re-election this year. Icahn published a criticism of eBay CEO John Donahoe in a letter to shareholders. Icahn said that the sale of Skype was mishandled and costed the shareholders $4 billion.
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Apple Inc. (AAPL): Apple TV hit over $1 billion in 2013 revenue

Apple TV
Apple Inc. (NASDAQ:AAPL) originally considered the Apple TV product as a “hobby.” Now Apple TV accounted for over $1 billion in 2013 revenues.
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eBay Founder Pierre Omidyar defends keeping PayPal

Pierre Omidyar
eBay founder Pierre Omidyar announced on Thursday that Carl Icahn’s claims that the company is not operating in the interest of shareholders are false. Icahn wrote three letters to eBay shareholders that urges the splitting off of PayPal, which is the fastest growing division at eBay and accounts for around 40% of the company’s revenues.
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