carl icahn

Google Buys Motorola: Who Wins, Who Loses

Google's purchase of Motorola Mobility -- its largest acquisition ever -- paves the way for the search giant to enter the smartphone business directly. Here, we survey the likely outcomes of the deal, telling you who will benefit and who stands to lose.

Blockbuster's Future is Up for Auction

Blockbuster on Monday kicked off the confidential auction process that will decide its future. Billionaire Carl Icahn and others have bid for the troubled video-rental chain.

A Stock Market Breakout Is Likely -- but in Which Direction?

The technical signs suggest we're at a crucial point for stocks: Either a decisive rise or a dramatic fall is coming. And if you're the type to dismiss technical analysis as unscientific voodoo, you're missing the point: It's not about pattern matching, it's about human psychology.

Coming Soon: New Owners for Blockbuster?

Bankrupt video-rental company Blockbuster may put itself up for sale as early as next week, The Wall Street Journal reported Thursday. The company had previously planned to reorganize, but creditors couldn't agree on a plan to restructure its debt.

Finally, the End of the Line for Blockbuster?

Blockbuster has nearly run out of money again. It wants its bondholders to put up more capital as it wrestles to exit Chapter 11. If some of the bondholders balk, Blockbuster will almost certainly be sold off in parts. But what exactly does it have left to sell?

Seneca Blasts Carl Icahn's Bid for Dynegy

Last week, power-plant operator Dynegy agreed to be acquired by top shareholder Icahn Enterprises for about $665 million. But Dynegy's second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it "the wrong price at the wrong time for the wrong reasons."

Icahn Enterprises to Buy Dynegy for $665 million

Power plant operator Dynegy has agreed to be acquired by Icahn Enterprises for $5.50 per share in cash, or about $665 million. Dynegy has about $3.95 billion of outstanding debt, net of cash. The agreement follows a recent failed bid from private equity giant The Blackstone Group.

10 Best Stock Picks of the 10 Richest Hedge Funds

The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.

Top Stock Picks of Six Billionaire Investors

By the time the world's smartest investors tell the SEC what stocks they hold, most of the gains they were after are already priced in. But a few of the companies Warren Buffett, George Soros, and their billionaire buddies have bought into still have a lot further to rise. Which ones? Read on ...

Lions Gate Sues Billionaire Icahn Over MGM Drama

The movie studio has sued activist investor Carl Icahn for opposing a merger with MGM. But the internal bickering doesn't look good for the company. Will the lawsuit end up sinking its bid?

Icahn Supports Lions Gate's Bid to Buy MGM

Billionaire investor Carl Icahn threw his support behind Lions Gate Entertainment's proposal to acquire debt-laden Metro-Goldwyn-Mayer, according to a filing with the SEC Tuesday. Icahn is Lions Gate's largest shareholder and also holds a significant amount of MGM's debt.

Why Blockbuster Went Bust While Netflix Flourished

It's easy to blame Blockbuster's collapse, which culminated Thursday in a voluntary Chapter 11 filing, on the rise of streaming Internet video and kiosk rental options. But Netflix faced the same threats and it's thriving. So what did Netflix do smarter than its bankrupt rival?