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Stock Market & Financial Investment News

News Breaks
February 6, 2014
08:15 EDTIEP, FDMLIcahn Enterprises appoints Cozza to succeed Ninivaggi as CEO
Icahn Enterprises (IEP) announced the appointment of Keith Cozza to the positions of President and Chief Executive Officer, effective as of February 5. Cozza succeeds Daniel Ninivaggi, who will become Co-CEO of Federal-Mogul (FDML), a subsidiary of Icahn Enterprises.
News For IEP;FDML From The Last 14 Days
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May 15, 2015
16:35 EDTFDMLIcahn Associates gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: Manitowoc (MTW), Voltari (VLTC), Federal-Mogul Holdings (FDML), and Chesapeake Energy (CHK). DECREASED STAKES: None. LIQUIDATED STAKES: None.
10:03 EDTIEPLyft raises added $150M, led by $100M from Icahn Enterprises
Lyft, a ridesharing start-up, announced that it has raised an additional $150M, led by an investment of $100M from Icahn Enterprises, the diversified holding company controlled by Carl Icahn. As part of the investment, one of Icahn's managing directors, Jonathan Christodoro, will join Lyft's board. Icahn said: "We are very happy to be investing in Lyft. I believe that ridesharing is poised to become a fundamental component of our transportation infrastructure. The Company's revenue growth to date has been extremely compelling, and increasing urbanization over the next 5 to 10 years should enable the Company to maintain that trajectory."

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