The company scored a clear victory in the courtroom. On news that a potentially resource-draining lawsuit against the company had been dismissed, units of master limited partnership Icahn Enterprises (IEP 14.54%) leaped almost 15% in price on Monday. This occurred on a rather sleepy trading session for stocks, with the S&P 500 index only bumping 0.1% higher. A good day in court Before market open, Icahn Enterprises announced -- no doubt with immense satisfaction -- that a district court judge had dismissed ...

SUNNY ISLES BEACH, Fla., Sept. 16, 2024 /PRNewswire/ -- Icahn Enterprises (IEP) is pleased to announce that the proposed class action lawsuit against IEP and certain directors and officers has been dismissed without prejudice. On September 13, 2024, U.S. District Court Judge K. Michael Moore found that the lawsuit — comprised of meritless claims cut and pasted from false and misleading reports published by Hindenburg "Research" — failed to show that IEP had made material misrepresentations or omissions or d ...

Icahn Enterprises has a trailing-12-month dividend yield of 31%, but investors must consider the following before buying the stock. Icahn Enterprises (IEP -5.38%), headed by activist investor Carl Icahn, has paid out a very appealing dividend yield for years. However, the stock has been under significant pressure since last year when it was the subject of one prominent short-seller and the target of a recent Securities and Exchange Commission (SEC) investigation. Icahn Enterprises stock is down 44% from its ...

The holding company is looking to raise funds at a suspicious time. Shares of Icahn Enterprises L.P. (IEP -11.08%) are down sharply on Monday following news that shareholder dilution is forthcoming, adding to a sell-off that's been underway since February. Indeed, data from S&P Global Market Intelligence indicates that as of 2:51 p.m. EDT Friday, Icahn Enterprises stock is lower to the tune of 11.6%, dragging the ticker to a two-decade low. Other factors are contributing to this continued weakness, of cours ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Carl Icahn, billionaire activist investor, waits for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, to speak at an election night event in New York, U.S., on Tuesday, April 19, 2016. The Securities and Exchange Commission charged billionaire activist investor Carl Icahn with illegally failing to disclose billions of dollars worth of personal margin loans pledged against the value of his Icahn Enterprises stock. Icahn and the p ...

. ● . | --- | --- | |---------------------------------------------------|-------| | | | | Securities as Collateral for Billions in Personal | | August 19, 2024 9:07 AM EDT | Source: Newsfile SEC Press Digest Washington, D.C.--(Newsfile Corp. - August 19, 2024) - The Securities and Exchange Commission today announced charges against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P. (IEP), for failing to disclose information relating to Icahn's pledges of IEP securities as collateral to se ...

DNY59 We have had a two Sell ratings on Icahn Enterprises L.P. (NASDAQ:IEP) and the stock has generally tracked in the direction we expected. About This Article █ IEP | --- | --- | |---------------------------------|---------| | Stock Covered | | | Analyst's rating at publication | SELL | | Price at publication | $19.9 | | Change | -18.94% | | Total Return | -9.68% | | | | | S&P 500 change | 4.24% | | Analyst's rating history | 30 | | | | | | | Seeking Alpha While the distributions have eased the pain, they ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to | --- | --- | --- | --- | |------------------------------|-------------------------------------------------------------------------------- ...

Icahn Enterprises L.P. (NASDAQ:IEP) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Robert Flint - Chief Accounting Officer Andrew Teno - President and Chief Executive Officer Ted Papapostolou - Chief Financial Officer Conference Call Participants Daniel Fannon - Jefferies LLC Andrew Berg - Post Advisory Group Bruce Monrad - Northeast Investors Trust Operator Good morning, and welcome to the Icahn Enterprises L.P.'s Second Quarter 2024 Earnings Call with Andrew Teno, Preside ...