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Stock Market & Financial Investment News

News Breaks
June 2, 2014
06:23 EDTIEP, DF, CLXIcahn calls insider trading report 'irresponsible,' Bloomberg says
Activist investor Carl Icahn of Icahn Enterprises (IEP) said he’s not aware of any probe involving him and professional golfer Phil Mickelson having to do with trades related to Clorox (CLX) and Dean Foods (DF), and called the Wall Street Journal's report “completely irresponsible," according to Bloomberg, citing comments from Icahn. Icahn said, “I never purchased or have been involved in any way with Dean Foods. While I have obviously heard of Phil Mickelson, I have never spoken to him or met him.” Reference Link
News For IEP;CLX;DF From The Last 14 Days
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November 25, 2014
16:50 EDTIEPIcahn says agreed to exchange $286M Taj Mahal debt for equity
In an open letter to Local 54 president Bob McDevitt, Carl Icahn commented on the Shareholders' Square Table website: "I also care about the Taj Mahal, and that is why I am doing everything I can to save the jobs of the 3,000 employees who work there. To that end, I am agreeing to exchange my $286M of outstanding debt for equity and, if the proper deal is reached with the City, State and Union, to invest an additional $100M in the Taj. In addition, even though the Judge observed that the Union did not bargain in good faith and ruled that the company could terminate the existing healthcare plan and pension, I have told the company that I will even go along with their proposal to restore Local 54 healthcare for two years and create a new pension, if Local 54 will withdraw its appeal and provide labor peace." Reference Link
November 14, 2014
17:01 EDTIEPIcahn Associates gives quarterly update on stakes
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10:10 EDTDFOptions with decreasing implied volatility
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