Key TakeawaysLamb Weston shares fell Monday, when the company announced it reached an agreement with the activist investment firm, Jana Partners Management.Investors sent the stock higher when Jana's stake in Lamb Weston was disclosed, suggesting they may have envisioned Jana's involvement leading to a more dramatic outcome.Under the agreement, Jana will play a role in appointing six board members, including the next chairman, former Nestlé USA leader Bradley Alford. Lamb Weston shares were among the S&P 50 ...

Group 1: Carl Icahn's Investment Moves - Carl Icahn significantly increased his stake in Illumina Inc. by 450%, adding 180,000 shares to reach a total of 220,000 shares, which now represents 0.25% of his $7 billion portfolio, up from 0.07% [1][2] - Icahn's investment in JetBlue Airways Corp. saw an 89.66% increase, with nearly 15.9 million shares purchased, bringing his total to 33.6 million shares valued at over $162 million, making it the 7th largest position in his portfolio [3][4] - The latest moves indicate Icahn's confidence in both Illumina and JetBlue, suggesting potential turnaround opportunities in the biotech and airline sectors [3][4] Group 2: Portfolio Composition - Illumina ranks 13th in Icahn's portfolio and is one of his top percentage gainers this quarter, reflecting renewed conviction in the company amid challenges [2] - Icahn's top three healthcare holdings now include Bausch Health Companies Inc., Bausch + Lomb Corp., and Illumina, showcasing a diverse mix across pharma, optics, and biotech [2] - Despite increasing stakes in Illumina and JetBlue, Icahn reduced his exposure to Southwest Gas Holdings Inc., which saw a 1.96% drop in portfolio allocation [4]

Billionaire investor Carl Icahn just reminded Wall Street who the original energy bull is.In a series of filings this month, the legendary activist investor disclosed a buying spree in CVR Energy, Inc. CVI – snapping up more than 1.5 million shares worth over $27 million throughout April. CVR Energy is Icahn's second-largest holding, just behind his own firm, Icahn Enterprises IEP.With the ink barely dry on the latest Schedule 13D/A, the filing reveals Icahn now owns 70.1 million shares.Starting from April ...