Tag: Petroleum Refining
Icahn Enterprises’ bonds see buying after bond-friendly halving of distribution
Icahn Enterprises Inc.’s bonds saw better buying on Friday, after Carl Icahn’s investing arm announced it was halving its quarterly distribution, a move that disappointed unit holders but…
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Icahn Enterprises’ stock slides 30% after company halves quarterly distribution to $1 per unit
Icahn Enterprises L.P.’s stock tumbled 30% on Friday, after the company said it’s cutting its quarterly distribution to $1 from $2 previously. The company IEP, -23.23% made the…
Read more Icahn Enterprises’ stock slides 30% after company halves quarterly distribution to $1 per unit
OpenAI, Google, Apple chiefs to discuss innovation with Biden and Modi at White House
The heads of prominent U.S. and Indian companies will meet at the White House on Friday with President Joe Biden and Indian Prime Minister Narendra Modi to discuss…
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Bill Ackman resurrects billionaire feud, saying Carl Icahn needs a friend. Icahn’s company’s stock tumbles 21%.
“‘Icahn’s favorite Wall Street saying: “If you want a friend, get a dog.” Over his storied career, Icahn has made many enemies. I don’t know that he has…
Read more Bill Ackman resurrects billionaire feud, saying Carl Icahn needs a friend. Icahn’s company’s stock tumbles 21%.Icahn stock renews skid as Hindenburg says latest company disclosure raises more questions about company debt, losses
Icahn Enterprises LP’s stock was trading down 0.7% Thursday, after short seller Hindenburg Research intensified his bearish bet on Carl Icahn’s investing arm, and said he’s now taking…
Read more Icahn stock renews skid as Hindenburg says latest company disclosure raises more questions about company debt, lossesIcahn Enterprises sheds $4.5 billion of value as short seller Hindenburg puts Carl Icahn’s company in crosshairs
Icahn Enterprises LP stock tumbled 25% Tuesday to put it on track for a record one-day decline, after short seller Hindenburg Research issued a negative report against the…
Read more Icahn Enterprises sheds $4.5 billion of value as short seller Hindenburg puts Carl Icahn’s company in crosshairs
The surprise OPEC+ oil production cuts will increase gas prices — here’s how much
Surprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still smarting from last year’s pump…
Read more The surprise OPEC+ oil production cuts will increase gas prices — here’s how much
U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
U.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in a better mood following Wednesday’s intraday selloff. How…
Read more U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
These 20 stocks were the biggest winners of 2022
Even during a year in which the S&P 500 index declined 19%, with 72% of its stocks in the red, there were plenty of winners. Before showing you…
Read more These 20 stocks were the biggest winners of 2022