0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> and carl icahn takes to the skies in the latest campaign. the target seeing the stock pop if in the pre-market. >>> and stock rally on arm. >>> a new brand for tiger woods after he ditches his long-time deal with nike. >>> later, the most watched event since the moon landing. super bowl viewer numbers are in and they are a doozy. it's tuesday, february 13th, 2024. you're watching "worldwide exchange" right here on cnbc. >>> good morning and welcome to "worldwide exchange." i'm contessa brewer in for frank holland. let's kickoff the hour with the check on the u.s. stock futures after a mixed day on wall street. it saw the dow close at fresh record highs and the s&p and nasdaq closed lower. futures right now as you see are lower across the board. s&p is implied opening down 13 points. dow is off 40. the nasdaq is lowest off 80 points. >>> checking the bond market ahead of the cpi report which is due out at 8:30 this morning. you are seeing the treasuries here with the two-year yield at 4.476. the ten-year yield at 4.179. >>> bitcoin coming off
. >>> and carl icahn takes to the skies in the latest campaign. the target seeing the stock pop if in the pre-market. >>> and stock rally on arm. >>> a new brand for tiger woods after he ditches his long-time deal with nike. >>> later, the most watched event since the moon landing. super bowl viewer numbers are in and they are a doozy. it's tuesday, february 13th, 2024. you're watching "worldwide exchange" right here on cnbc. >>> good...
0
0.0
Feb 14, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
carl icahn had been critical of the pursuit of grail. reported a year ago that operation blizzard as it appeared its tieup with microsoft was faltering. >>> to be sure, this is important. not every broken deal faces the activist ire, but when it leads to shareprice weakness, activists can see that as an opportunity. certainly, something to keep an eye on as we see a tighter and stricter regulatory environment. ryan. >> we shall see, and see what uncle carl wants to do with jetblue. leslie picker, thank you. >>> more rhyme time, huey lewis style, because apparently, it's hip to be bear. who knew? you will meet a fascinating company looking ctohange the way you view electric cars, and it all has to do with subscriptions. that is next. - i got the cabin for three days. it's gonna be sweet! what? i'm 12 hours short. - have a fun weekend. - ♪ unnecessary action hero! unnecessary. ♪ - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own payroll so you can fix problems before they become problems. - hmm! get
carl icahn had been critical of the pursuit of grail. reported a year ago that operation blizzard as it appeared its tieup with microsoft was faltering. >>> to be sure, this is important. not every broken deal faces the activist ire, but when it leads to shareprice weakness, activists can see that as an opportunity. certainly, something to keep an eye on as we see a tighter and stricter regulatory environment. ryan. >> we shall see, and see what uncle carl wants to do with...
0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
so now you have some backup in the name and some big backup at that in carl icahn. what do you think? >> two weeks ago i was trading at $5 a share. here is my investment thesis, they should be able to get to a dollar a share. you have an $8 a share stock, but -- but -- at $5 and change, my confidence is rattled. i am so grateful for carl icahn coming in and boosting my confidence that probably that is the right way to look at this. i think he's looking at it the same way i am. look, four years ago in 2019, they had $8 billion in revenues and $568 million in profit. today $10 billion in revenues and are expected to lose a little bit. what do they need to do to get to $1 a share? they have 330 million shares outstanding. all they need to do is earn $330 million profit, a dollar a share. to do that, they could cut costs, boost revenues by 2%. it doesn't seem like it's that big a challenge to get back to that dollar a share. my guess is carl icahn will be a lot more aggressive and try to get back to the 2019 levels. and then you say eight, ten times multiple, and you ha
so now you have some backup in the name and some big backup at that in carl icahn. what do you think? >> two weeks ago i was trading at $5 a share. here is my investment thesis, they should be able to get to a dollar a share. you have an $8 a share stock, but -- but -- at $5 and change, my confidence is rattled. i am so grateful for carl icahn coming in and boosting my confidence that probably that is the right way to look at this. i think he's looking at it the same way i am. look, four...
0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
carl icahn takes a stake.ook at what he sees in that company when we rerntu. . we see millions of cyber threats each year. that rate is increasing as more and more businesses move to the cloud. - so, the question is... - cyber attack! as cyber criminals expand their toolkit, we must expand as well. we need to rethink... next level moments, need the next level network. [speaker continues in the background] the network with 24/7 built-in security. chip? at&t business. at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable tr
carl icahn takes a stake.ook at what he sees in that company when we rerntu. . we see millions of cyber threats each year. that rate is increasing as more and more businesses move to the cloud. - so, the question is... - cyber attack! as cyber criminals expand their toolkit, we must expand as well. we need to rethink... next level moments, need the next level network. [speaker continues in the background] the network with 24/7 built-in security. chip? at&t business. at pgim, finding...
0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
carl icahn revealing a 10% stake in jetblue.as more. >> reporter: carl icahn pushing for jetblue. carl icahn and his firm taken a 9.9% stake in jetblue. they have discussed with the management of taking a board seat. shares were bought this year. january and february. if you take a look at shares of jetblue over the last six weeks, you see the dip there. that was the opportunity to buy. jetblue has lost twice to the doj since 2022. the strategy of expanding through alliances and proposed mergers has blown up in their face. the company yesterday issuing a statement after the announcement that icahn had taken the 9% stake. we are always open to constructive execute our plan to enhance value for shareholders and stakeholders. look at jetblue and spirit. they are appealing the merger shot down by the judge last month. that is an expedited appeal. how long it takes before that is hurt remainss to be seen. you can tell what jetblue did from the beginning of the year until now. robin hayes stepping down and j announcing a number of ste
carl icahn revealing a 10% stake in jetblue.as more. >> reporter: carl icahn pushing for jetblue. carl icahn and his firm taken a 9.9% stake in jetblue. they have discussed with the management of taking a board seat. shares were bought this year. january and february. if you take a look at shares of jetblue over the last six weeks, you see the dip there. that was the opportunity to buy. jetblue has lost twice to the doj since 2022. the strategy of expanding through alliances and proposed...
0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> in other airline in focus, jetblue surges in extended trade after carl icahn took a stake in theompany. he built the stake in the series of purchases in january and february says he plans to hold discussions with the company over a board seat. the airline said it was open to constructive dialogue. our colleagues will have more with peter kern, ceo of expedia group. tune in for that interview at 13:00 cet. >>> michell is up 4.5% today. the company has posted 3.6 billion euro. the french tiremaker warned the year will have an uncertain environment in europe and china the group said logistics stemming from the red sea crisis will weigh onperformance in the first quarter. >>> and thyssenkrupp has record sales. the german hydrogen company had revenue of 208 million euro in the first quarter. the firm has had higher demand for the electric technology at the start of the year. one of the other positive stocks in the ftse 100. >>> and randstad is in solid expectations after the 90% drop of revenue. the world's largest staffing company flagged macro uncertainty ahead, but the firm is adap
. >>> in other airline in focus, jetblue surges in extended trade after carl icahn took a stake in theompany. he built the stake in the series of purchases in january and february says he plans to hold discussions with the company over a board seat. the airline said it was open to constructive dialogue. our colleagues will have more with peter kern, ceo of expedia group. tune in for that interview at 13:00 cet. >>> michell is up 4.5% today. the company has posted 3.6 billion...
0
0.0
Feb 13, 2024
02/24
by
FBC
tv
eye 0
favorite 0
quote 0
carl icahn's bought some of it.ing to the board about getting a seat on the board. he says shares are undervalued. twa back in the '80s, ultimately it did file for bankruptcy. now he's tying with -- toying with jetblue. and this is happening on the first day of their new ceo, joanna garrity. can you marge your first day at work and you're dealing with carl carl icahn and an activist investor. she did pledge if aggressive action to return the airline to profitability, so i guess she's listening. stuart: $6 a share for an air a linelike that? that's a low price. let's get to bitcoin. i saw them earlier this morning at $50,000 a pop and now they've gone to 49. when was the last time they hit 50,000? lauren: it was two year as. ryan payne said last week it was animal spirits, it would make sense bitcoin hit $50,000. but bernstein calls it fomo, fear of missing out. the spot bitcoin etf has been approved, it's been around a couple of weeks. it's a catalyst for investors looking to get in, especially young investors but a
carl icahn's bought some of it.ing to the board about getting a seat on the board. he says shares are undervalued. twa back in the '80s, ultimately it did file for bankruptcy. now he's tying with -- toying with jetblue. and this is happening on the first day of their new ceo, joanna garrity. can you marge your first day at work and you're dealing with carl carl icahn and an activist investor. she did pledge if aggressive action to return the airline to profitability, so i guess she's listening....
0
0.0
Feb 13, 2024
02/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
carl icahn is disclosing a nearly 10% stake in jetblue, calling the stock undervalued.the third largest shareholder and also in talks with management for a board representation. the first line could build a bear workshop. the manufacturer squishmallows is launching a fight against the company. at issue is a new toy from build a bear that squishmallow says looks like its owns egg shaped cushion stuffers. you can follow the buzz. (aidyl) hi, i'm aidyl, and i lost 90 pounds on golo. i struggled with weight loss and weight gain my entire life. with all the yo-yo dieting i did in the past, i would lose 20, 30, 50 pounds just to gain them over and over again. in one year, i've lost five sizes, and i'm on my way to lose another three. with golo, i can do it. (announcer) change your life at golo.com. that's golo.com. >> we have been talking about every bank being down on the day and part of that is the real estate market. we will take a look at the pressures facing the property market. abigail doolittle has more. abigail: this is what triggered the selloff and brought back a po
carl icahn is disclosing a nearly 10% stake in jetblue, calling the stock undervalued.the third largest shareholder and also in talks with management for a board representation. the first line could build a bear workshop. the manufacturer squishmallows is launching a fight against the company. at issue is a new toy from build a bear that squishmallow says looks like its owns egg shaped cushion stuffers. you can follow the buzz. (aidyl) hi, i'm aidyl, and i lost 90 pounds on golo. i struggled...
0
0.0
Feb 12, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
carl icahn with a 9.91% stake in jetblue. >> phil, thank you.the quote, jetblue shares, according to icahn, he's seeking board representation on the world of jetblue. this is an interesting one, given there's a new ceo that is coming in. that obviously no acquisitions, no m&a can be done in this space, so, what is that playbook, at this point, for icahn? >> yeah, he does talking about getting a board position. that's big. you can see what he paid for stock, $5.49 was where he sort of started -- even lower, maybe, than that. i don't know what he can do. he's a pain to have on the board, right? i don't know if it would be him or somebody else, but -- i doubt he's going to take over. >> interesting, we wake up every monday now, we have merger mondays. a lot of strategic interests, we have activists who are pretty active, we have the s&p at all-time high, i don't know if they can throw the equal weight, that just broke out. russell 2,000's rallied 6%. everything feels great. i'm serious. unemployment is -- >> skin must be burning. >> inflation is ge
carl icahn with a 9.91% stake in jetblue. >> phil, thank you.the quote, jetblue shares, according to icahn, he's seeking board representation on the world of jetblue. this is an interesting one, given there's a new ceo that is coming in. that obviously no acquisitions, no m&a can be done in this space, so, what is that playbook, at this point, for icahn? >> yeah, he does talking about getting a board position. that's big. you can see what he paid for stock, $5.49 was where he...
0
0.0
Feb 20, 2024
02/24
by
FBC
tv
eye 0
favorite 0
quote 0
carl carl icahn, i know he's got two seats on the board of jetblue. are investors happy?t changes he'd like to make to the airline which has not turned a profit since covid. these two members are going to start as a non-voting members and then maybe make some recommendations. the new ceo e of jetblue says she's open to aggressive action, right, to get back to profitability and boost the share price. jetblue has lost more than half of its value in the past two years. the fact that icahn can still do this, and i was moments ago talking about warren buffett. icahn's 88. warren buffett, i don't know his exact age off the top of my head. i would just like to point out thats it is just a number for some people. stuart: it is for some -- i think warren buffett is well over 90. lauren: it's 93, they just is told me in my ear. stuart: i know the medical device maker med terror thetic reported before the bell. i guess not so good? lauren: they raised their full-year forecast for the third time. they cited strong demand for their hearse and diabetes devices -- heart and diabetes dev
carl carl icahn, i know he's got two seats on the board of jetblue. are investors happy?t changes he'd like to make to the airline which has not turned a profit since covid. these two members are going to start as a non-voting members and then maybe make some recommendations. the new ceo e of jetblue says she's open to aggressive action, right, to get back to profitability and boost the share price. jetblue has lost more than half of its value in the past two years. the fact that icahn can...
0
0.0
Feb 13, 2024
02/24
by
KRON
tv
eye 0
favorite 0
quote 0
jetblue avis and hasbro will jetblue's getting carl icahn is an activist investor to help shares move higher. and avis, are saying that things are a little tough out there with revenues. all right. and when it comes to super bowl. >> boy, they the viewership was huge way up from last year and i guess people are just going to be wondering, there's no way did get it down to like, was it taylor? was it a sure was it?you know, the 2 teams? >> i think it's some analysts have predicted we could see numbers as high as 140 million came in 123.4 million, which is way better than last year's 10101 million is a big push. it was an exciting game. it went to overtime said had a lot of elements on its own. but good for tv because a linear tv struggling the average age of viewers on tv are getting a lot older, a lot faster, and sticks. the young people moving to streaming. she she was pulling people into football. i mean, even the chiefs coach was like, listen. >> if she's bringing in fans that don't care about football, i don't care. just just be a fan. watch football right with you. okay. okay. so
jetblue avis and hasbro will jetblue's getting carl icahn is an activist investor to help shares move higher. and avis, are saying that things are a little tough out there with revenues. all right. and when it comes to super bowl. >> boy, they the viewership was huge way up from last year and i guess people are just going to be wondering, there's no way did get it down to like, was it taylor? was it a sure was it?you know, the 2 teams? >> i think it's some analysts have predicted we...
0
0.0
Feb 13, 2024
02/24
by
FBC
tv
eye 0
favorite 0
quote 0
icahn buying a nearly 10% stake in the airline.re behind icahn enterprises owns 33.62 million shares now i and says this airline is undervalued and represented an attractive investment opportunity. so icahn has had talks with jetblue regard rahing possible representation on its board of directors. he wants board members, he thinks he can shake out some added value for shareholders. hertz investors, world of hurt here as the car rental company is on pace to close are at a never before seen record low. right now hertz down 12.9% to $7.56. you can blame are its exit editor, avis budget group. so hertz didn't do anything. avis missed fourth quarter revenue expectations in its latest earnings report out yesterday after the bell, and it's avis that is really tanking here, down 23.5%. that's the biggest percentage decline since march of 2020 for avis. it did beat on profit estimates saying it saw improving demand, higher than average prices and and reduced costs last quarter. investors don't care. they're selling that stock. finish we sho
icahn buying a nearly 10% stake in the airline.re behind icahn enterprises owns 33.62 million shares now i and says this airline is undervalued and represented an attractive investment opportunity. so icahn has had talks with jetblue regard rahing possible representation on its board of directors. he wants board members, he thinks he can shake out some added value for shareholders. hertz investors, world of hurt here as the car rental company is on pace to close are at a never before seen...
0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> carl icahn setting his sights skyward once again, called betting big on a new better line now,the hour of who his next partner is. >>> and make it monday
. >>> carl icahn setting his sights skyward once again, called betting big on a new better line now,the hour of who his next partner is. >>> and make it monday
0
0.0
Feb 13, 2024
02/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
carl icahn disclosed nine point 91% stake. stock fell 30% in the last year.n alliance with american airlines and a plan of spirit airlines. he's had talks with management about a board seat. shares of manchester united climbing after billion jim radcliffe said he'd extend his offer to buy a 25% in the club. he said he would purchase estate by allowing investors to swap 1/4 jonathan: jonathan: of the market price. up next, passing through inflation data. >> we would prefer to have seen something less than that. the fed will not make a decision based on one data point. they will take the totality of the data look at that and make a decision. jonathan: that conversation up next with david kelly of jp morgan. ♪ how am i going to find a doctor when i'm hallucinating? what do you think, fever monster? what about zocdoc? zocdoc? dr. castell has a great bedside manner. so many options. but dr. xichun will take your sketchy insurance. xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know. book now. jonathan: live from new york city, in
carl icahn disclosed nine point 91% stake. stock fell 30% in the last year.n alliance with american airlines and a plan of spirit airlines. he's had talks with management about a board seat. shares of manchester united climbing after billion jim radcliffe said he'd extend his offer to buy a 25% in the club. he said he would purchase estate by allowing investors to swap 1/4 jonathan: jonathan: of the market price. up next, passing through inflation data. >> we would prefer to have seen...
0
0.0
Feb 14, 2024
02/24
by
FOXNEWSW
tv
eye 0
favorite 0
quote 0
i had already interviewed ray dalio and carl icahn of warren buffett. these are the people in private, and as you probably know, they produce 20% compounded returns. the very best in the businesin s decade after decade versus five, six, seven, eight, nine. so you're tripling the paceachiv at which you can achieve things. soe things i'm going to do 30%.w so i interviewed him. half the book is the interviews with him. but there is new abilities. the average person doesn't understand alternative investments when the stock doest drops, they don't drop as much because they don't have to sell. their money is tied up invest. can when it goes up, they can sell it. they have a lot of advantages. and so the wealthiest institutions, pension funds, very ultra wealthy people have made 46% of their money goes into this. only 29% of the stock market. >> so, tony, you're telling megt i have to start investing in hedge funds? you know, not i talk about risky. yeahm , i'm not talking about hedge funds. i would be more specific. these individuals understand if you put you
i had already interviewed ray dalio and carl icahn of warren buffett. these are the people in private, and as you probably know, they produce 20% compounded returns. the very best in the businesin s decade after decade versus five, six, seven, eight, nine. so you're tripling the paceachiv at which you can achieve things. soe things i'm going to do 30%.w so i interviewed him. half the book is the interviews with him. but there is new abilities. the average person doesn't understand alternative...
0
0.0
Feb 13, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> shares of jet blue taking off the activist investor carl e icahn. private in the late '80s and drove it into bankruptcy. for more on that story, go to cnbc.com. let's go to bertha for a news update. >> i remember flying twa. a federal judge has tossed a lawsuit from a major pharmaceutical lobby group that challenged medicare's new powers to negotiate prescription drug prices. the decision is a win for the biden administration, as it faces other legal challenges this the price talks. mexican armed forces said they found and broke down a secret meth mega laboratory, making it the largest drug lab bust ever with the current administration. the navy said it seized about 91,000 pounds of meth, and over a ton of chemicals used to make the drug. >>> wichita police say that the man who stole the bronze jackie robinson statue was arrested on monday, and that the crime was financially motivated. the man was planning on selling it for scrap metal. the statue was cut from its base last moment at a wichita park where only its feet remained, and burnt remains of
. >>> shares of jet blue taking off the activist investor carl e icahn. private in the late '80s and drove it into bankruptcy. for more on that story, go to cnbc.com. let's go to bertha for a news update. >> i remember flying twa. a federal judge has tossed a lawsuit from a major pharmaceutical lobby group that challenged medicare's new powers to negotiate prescription drug prices. the decision is a win for the biden administration, as it faces other legal challenges this the...