Icahn Enterprises LP’s stock tumbled 7.6% Friday, after Carl Icahn’s investing arm again halved its dividend, this time to help raise the funds to expand his stake in portfolio company CVR Energy.

Despite the recent drop in CVR’s share price, Icahn Enterprises believes the company is undervalued and that shareholders would benefit from a premium cash-out. To fund this transaction and ...

Billionaire Carl Icahn's Icahn Enterprises (NASDAQ:IEP) plans to cut its dividend in half in order to fund a boost of its stake in CVR Energy (NYSE:CVI). Icahn plans to boost his stake in CVR ...

Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Icahn Enterprises LP will distribute a ...

Carl Icahn says he is sensing opportunity in the stock market and wants to increase his stake in a top portfolio company. But to fund his war chest, he is going to cut his investment firm’s ...

Nov 8 (Reuters) - Icahn Enterprises (IEP.O), opens new tab, headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in Texas-based refiner ...

CVR Energy (NYSE:CVI) +4% and Icahn Enterprises (IEP) -5.3% pre-market Friday after Carl Icahn's firm confirmed plans to raise its stake in the oil refiner by more than 20%. Icahn (IEP ...

Carl Icahn’s private hedge fund cut its losses in the third quarter. But it remains in the red. The octogenarian’s publicly traded investment firm, Icahn Enterprises, reported a 7.6 percent ...

Carl Icahn of Icahn Enterprises (IEP) said in the company’s earnings release, “As of October 31, we had approximately $2.3 billion between cash and cash equivalents at the holding company and ...