133
133
Mar 24, 2014
03/14
by
BLOOMBERG
tv
eye 133
favorite 0
quote 0
carl icahn gets more seats, bill ackman about to break even. man who isthe building a $1 billion empire out of vice media. , a fender bender to find out how the classic guitars are made by hand right here in america. let's kick it off with what everyone is talking about today. the search for malaysian air flight 370. it has been just over two weeks since the plane disappeared after taking off from kuala lumpur. multiple countries have searched the waters of the southeast by boat, plane, and by satellite. investigators have analyzed mountains of data. at most, there has been only speculation as to what happened. today, we heard from the malaysian prime minister on the latest analysis of data from a british satellite provider. here it is, in the raw. , weased on the new analysis flewconcluded that mh370 corridor anduthern that its last position was in the middle of the indian ocean, west of perth. is a remote location. possible landing place. it is therefore with deep sadness and regret that i must according toat mh370ew data, flight ended in the
carl icahn gets more seats, bill ackman about to break even. man who isthe building a $1 billion empire out of vice media. , a fender bender to find out how the classic guitars are made by hand right here in america. let's kick it off with what everyone is talking about today. the search for malaysian air flight 370. it has been just over two weeks since the plane disappeared after taking off from kuala lumpur. multiple countries have searched the waters of the southeast by boat, plane, and by...
92
92
Mar 10, 2014
03/14
by
CNBC
tv
eye 92
favorite 0
quote 0
activist investor carl icahn firing back at e-bay once again today. oins us exclusively on the fast line. carl, welcome back to the halftime show. >> thank you. >> there's been such a flurry of activity between you and e-bay. it's almost hard to keep it straight, but there's even more today. the latest news being that e-bay has rejected two nominees to the board, right? in which they say they gave serious consideration to that, but they concluded that they are not qualified candidates based on the criteria that have consistently been applied by the committee. your response initially to that? >> my response is i didn't hear those words before, but my response would be, well, what qualifies you to be a crony of donohoe and allow him to take $4 billion? in one way or another sell skype and lose $4 billion to also allow the kinetics deal go through and have a record extremely poor with amazon and visa. this company is the quintessential example of what's wrong with governance of corporate america. i mean, if you say we're not qualified, you look at all the
activist investor carl icahn firing back at e-bay once again today. oins us exclusively on the fast line. carl, welcome back to the halftime show. >> thank you. >> there's been such a flurry of activity between you and e-bay. it's almost hard to keep it straight, but there's even more today. the latest news being that e-bay has rejected two nominees to the board, right? in which they say they gave serious consideration to that, but they concluded that they are not qualified...
129
129
Mar 24, 2014
03/14
by
BLOOMBERG
tv
eye 129
favorite 0
quote 0
the stock took a big dive as a result of and now this is a carl icahn coming in with his counterpunch big deal that they are now looking into it. why would carl make this move now? if he gets three more seats does he have much more control over the company? and why would they be willing to give it to him? is he essentially their knight in shining armor at this point? he has come out in defense of the company very strongly. he has taken the largest position the company, almost 17%. board,has people on the on the one hand the company has to be very careful in how it responds to these allegations. they need to make sure they keep their eye on the ball. he will now have more seats to do that. and of course, the company has to figure out exactly how to --pond to those who in the who launched the investigation. for a while people were wondering if carl icahn was going to try to take the company public. >> or private. you just take it out, and then call it a day. >> writes. >> do you think there is a possibility of that? that was the first thing that i would have thought this morning, when h
the stock took a big dive as a result of and now this is a carl icahn coming in with his counterpunch big deal that they are now looking into it. why would carl make this move now? if he gets three more seats does he have much more control over the company? and why would they be willing to give it to him? is he essentially their knight in shining armor at this point? he has come out in defense of the company very strongly. he has taken the largest position the company, almost 17%. board,has...
131
131
Mar 10, 2014
03/14
by
FBC
tv
eye 131
favorite 0
quote 0
carl icahn embolden, what is the stock in? nicole: carl icahn again making his point.ried to counter those points and give his own view. ev down 1.4%. you have carl icahn, who now says he discovered indisputable evidence they did to his handling of ebay 2009 skype the deal. they sold it off and he thinks it should have been held onto and cleared up earlier. they sold it off for $2.25 billion. he then turned it around, got rid of some issues with litigation, able to sell it off to microsoft, $4 billion. up to $8.5 billion. when carl icahn is saying is listen, john donohoe, you ripped off ebay shareholders. so what you are seeing is carl icahn is not happy with john donohoe and his performance, not happy with certain board membe members, you know he has been very loud about spinning off paypal, which brings in 20% of revenue. in the meantime ebay, many shareholders have been fighting back saying carl icahn is not on point. all the gentleme gentleman mente great for ebay. this is a soap opera battle and you have a lot of shareholders frustrated with all of this back and f
carl icahn embolden, what is the stock in? nicole: carl icahn again making his point.ried to counter those points and give his own view. ev down 1.4%. you have carl icahn, who now says he discovered indisputable evidence they did to his handling of ebay 2009 skype the deal. they sold it off and he thinks it should have been held onto and cleared up earlier. they sold it off for $2.25 billion. he then turned it around, got rid of some issues with litigation, able to sell it off to microsoft, $4...
174
174
Mar 24, 2014
03/14
by
BLOOMBERG
tv
eye 174
favorite 0
quote 0
carl icahn's company is the biggest shareholder in herbalife.another interesting point is that bill ackman's investment, his short position, is close to breaking even. >> i did not know this. >> a bloomberg exclusive. >> rendon greely -- brendan greeley, this story have a life of its own. >> i don't understand the obsession. it is just a ponzi scheme. >> not going to carl icahn. >> what did i just do? >> an exclusive from brendan greeley. back on herbalife as well. never ending story. >> let's get to the rest of our company news. one of jpmorgan's top bankers in asia leaving the firm. he will resign as ceo but -- of investment banking as jpmorgan is investigated by the u.s. for its hiring practices in asia, looking at whether the firm employed people in the region to win government business. nokia and microsoft deal delay. nokia said the sale of its mobile phone division ii microsoft will not close until april. the companies predict that the $7.5 billion deal would be completed by the end of this month but talks with regulators in asia have drag
carl icahn's company is the biggest shareholder in herbalife.another interesting point is that bill ackman's investment, his short position, is close to breaking even. >> i did not know this. >> a bloomberg exclusive. >> rendon greely -- brendan greeley, this story have a life of its own. >> i don't understand the obsession. it is just a ponzi scheme. >> not going to carl icahn. >> what did i just do? >> an exclusive from brendan greeley. back on...
108
108
Mar 25, 2014
03/14
by
FBC
tv
eye 108
favorite 0
quote 0
melissa: do you go easy on carl icahn? to be fair you have a close relationship with him. he is always -- >> think about he what he says and look what i've writen. i've called him a grain mailer which he has been very, very, he gets really upset by that. melissa: don't move. i have a panel standing by i want to bring in. fbn liz macdonald and penn financial group matt mccaul. one and only charles payne. would you like to weigh in on this twitter battle? >> i would. i agree with charlie. what charlie is essentially saying the tech guys are not reporting what carl icahn is saying about the ebay mess, the ebay saga. and that is, this guy, dan primac at fortune, he should be getting a job as very opinionated bartender to my mind. i read list coverage on this. >> he is not that bad. he is not a bad kid. >> but i read his reporting on it. what he is is saying in the twitter fight with charlie is, what should ebay have done? charlie writes, ask carl icahn and dan writes back he doesn't have an answer for that, not that i've seen. >> okay. >> carl icahn is saying unlock value of p
melissa: do you go easy on carl icahn? to be fair you have a close relationship with him. he is always -- >> think about he what he says and look what i've writen. i've called him a grain mailer which he has been very, very, he gets really upset by that. melissa: don't move. i have a panel standing by i want to bring in. fbn liz macdonald and penn financial group matt mccaul. one and only charles payne. would you like to weigh in on this twitter battle? >> i would. i agree with...
103
103
Mar 18, 2014
03/14
by
BLOOMBERG
tv
eye 103
favorite 0
quote 0
the tactics of carl icahn are ridiculous. you could rebrand the company. help clarify the employees of their priorities. >> they have done that at some of the buildings already. >> they have completely dropped the ebay name and that would help a lot to start stop you could do that tomorrow. then conduct the analysis of what are the economics and return on capital and how does it help with recruiting? >> what do you think of the tactics so far? ebay is fighting back and it has gotten nasty. >> i think the tactics are ridiculous but i also wonder why ebay is spending so much time and effort responding. it's like the shakespeare line -- "the lady doth protest too much." well.as performed john has grown the company well. the market reflects that. it would be difficult for him to get any real traction, so i would put it off on the side. that an is the argument ebay free and alone out of the world could be gobbled up by google or paypal could damage ebay. that is sonse to what? if that's what the world wants, the shareholders are driving this thing. if they can
the tactics of carl icahn are ridiculous. you could rebrand the company. help clarify the employees of their priorities. >> they have done that at some of the buildings already. >> they have completely dropped the ebay name and that would help a lot to start stop you could do that tomorrow. then conduct the analysis of what are the economics and return on capital and how does it help with recruiting? >> what do you think of the tactics so far? ebay is fighting back and it has...
146
146
tv
eye 146
favorite 0
quote 0
>> i don't like carl icahn in general. this guy is a pie rate and mercenary by any other name means the same. i love how the media portrayed this guy as uncle carl. >> i made that up. i made that up. melissa: media. we're always to blame. >> make it like brand x at cnbc. melissa: i'm not familiar with that company. go ahead, lee. >> here is what i think investors have to remember. whatever carl icahn is doing the same thing he did as corporate raider before he became shareholder activist. he is going in there to push around ceos to do things for short-term profit. that doesn't help investors long term. also media gives perception whatever uncle carl is doing we should doing that with our retirement funds. >> i wish you would stop saying media. melissa: go ahead, charlie. >> i want credit for that. i should have trademarked that. i should have trademarked comrade bill de blasio. what is good about this, i came up with that one too. what i think is fascinating about carl icahn on this, he does do a public service. he tells us
>> i don't like carl icahn in general. this guy is a pie rate and mercenary by any other name means the same. i love how the media portrayed this guy as uncle carl. >> i made that up. i made that up. melissa: media. we're always to blame. >> make it like brand x at cnbc. melissa: i'm not familiar with that company. go ahead, lee. >> here is what i think investors have to remember. whatever carl icahn is doing the same thing he did as corporate raider before he became...
71
71
Mar 18, 2014
03/14
by
BLOOMBERG
tv
eye 71
favorite 0
quote 0
>> carl icahn has gotten very personal, and ebay is fighting back.gotten nasty, and quite different from carl icahn previous spars with apple and netflix. >> i think the tactics are ridiculous. i wonder why they are spending so much time and effort responding. methinks the lady. retouched too much -- to test too much -- pr otest too much. it would be very difficult for them to get any real traction for so i would just edit off on the side rather than continuing to spar. >> there is the argument that ebay, free and alone out in the world might become -- taken over by a competitor that could do damage to even. -- ebay. that is sonse to what? if the world wants it, the shareholders are driving this thing. if in fact they can create more value short shareholders by splitting it and potentially someone looking at one part of it and saying i'm going to acquire that. so be it. that happens all the time. course.re take its >> society is the former shareholder value is important. is what analysis is for. or try to get a good handle on where these p/e ratios w
>> carl icahn has gotten very personal, and ebay is fighting back.gotten nasty, and quite different from carl icahn previous spars with apple and netflix. >> i think the tactics are ridiculous. i wonder why they are spending so much time and effort responding. methinks the lady. retouched too much -- to test too much -- pr otest too much. it would be very difficult for them to get any real traction for so i would just edit off on the side rather than continuing to spar. >>...
138
138
Mar 21, 2014
03/14
by
BLOOMBERG
tv
eye 138
favorite 0
quote 0
he is weighing in on carl icahn's proposal. symantec has fired its president and ceo after two years on the job. the world's biggest maker of security software has posted declining revenue. stocks are down this year. board member michael brown will be an interim director. a former microsoft employee has been charged with revealing trade secrets from the company, including code. according to federal officials, the russian national admitted that he provided the information to a french blogger. google has enhanced gmail security features. 100% of gmail messages will now be sent via an encryption. no one can read your messages. documents leaked by edward snowden allege that the nsa was intercepting google transmissions. >> cory johnson is with me now. air b&b is set to raise $450 million. >> those are amazing numbers. raising $450 million is an incredible thing. the notion that they would have a company valued at $10 billion before the ipo is unheard of. >> air b&b is always on the list of tech ipos. instead they are raising money.
he is weighing in on carl icahn's proposal. symantec has fired its president and ceo after two years on the job. the world's biggest maker of security software has posted declining revenue. stocks are down this year. board member michael brown will be an interim director. a former microsoft employee has been charged with revealing trade secrets from the company, including code. according to federal officials, the russian national admitted that he provided the information to a french blogger....
191
191
Mar 1, 2014
03/14
by
KQEH
tv
eye 191
favorite 0
quote 0
well, i think carl icahn was very late to the party on this. because the issue of the pile of cash was under discussion two years ago when the company first set out its plans. since then the pile of cash has gotten bigger, and that's a problem that you want to have. you remember last year another hedge fund took a pill to apple on the same issue. he didn't make much of a move forward from it. and apple has done the right thing. it's kept to its plans, communicated what it's doing, committed to $100 billion to be returned to shareholders. and it's going to review those numbers in march and april. and we're satisfied that that's a sensible course of action. we don't want rash decisions made in the heat of a dispute with a short-term activist. that's not sensible. >> all right. we're going to have to leave it there. thank you so much, ann simpson with calpers. >>> and coming up on the program, the hollywood business model is changing from the way films are financed to where they're produced. but as tinseltown gets ready to host the oscars can the
well, i think carl icahn was very late to the party on this. because the issue of the pile of cash was under discussion two years ago when the company first set out its plans. since then the pile of cash has gotten bigger, and that's a problem that you want to have. you remember last year another hedge fund took a pill to apple on the same issue. he didn't make much of a move forward from it. and apple has done the right thing. it's kept to its plans, communicated what it's doing, committed to...
126
126
Mar 13, 2014
03/14
by
BLOOMBERG
tv
eye 126
favorite 0
quote 0
stepping up against carl icahn. with carl icahn's former foes. how does this impact the fate of paypal? i want to bring in bill george, a professor at harvard business school. he joins us from minneapolis. it sounds like you are sort of bringing together a carl icahn support group. is very tenacious. i think he is barking up the wrong alley. ebay is one of the great performers on the stock exchange, up 465%. it has a great strategy thanks to john donahoe restructuring. i think carl icahn is going the wrong way. i wish he would go back to revitalizing more companies that need help. >> why do you say carl is going the wrong way? >> well, ebay has proven that paypal and their marketplace work well together, give them a great platform. if i were on that board, i would be saying the opposite. look at the way google and facebook are moving here and what can we do to broaden our platform to be more successful? we do not want to be like nokia or blackberry within narrow platform. we need to make it more mobile and make it a
stepping up against carl icahn. with carl icahn's former foes. how does this impact the fate of paypal? i want to bring in bill george, a professor at harvard business school. he joins us from minneapolis. it sounds like you are sort of bringing together a carl icahn support group. is very tenacious. i think he is barking up the wrong alley. ebay is one of the great performers on the stock exchange, up 465%. it has a great strategy thanks to john donahoe restructuring. i think carl icahn is...
117
117
Mar 20, 2014
03/14
by
BLOOMBERG
tv
eye 117
favorite 0
quote 0
let's start off with carl icahn. >> the book actually opens with carl icahn, because he and dan loeba duel over to penthouses that they both wanted to combine and -- both wanted to buy and combine into this largest and house in the building. only carl icahn wanted to bargain. and dan loeb write a check. when carl icahn found out that dan loeb had beaten him, he let loose with one of the ethically -- with an epic tirade on one of the developers, cussing as if he was in vietnam in 1968. >> let's move on. denzel washington, a hollywood actor. >> he is one of the poor people in the building. his apartment only cost $13 million. and he only -- and he got a discount, because with a nod and wink, he allow the developers to say that he bought an apartment in the building, which was one of the big turning point. new york is always about co-op apartments. co-ops or clubs that don't just let anybody in. and when you come down to who is the worst, people of color and actors. they announced to the world this building is different by announcing denzel washington had brought an apartment. >> and it
let's start off with carl icahn. >> the book actually opens with carl icahn, because he and dan loeba duel over to penthouses that they both wanted to combine and -- both wanted to buy and combine into this largest and house in the building. only carl icahn wanted to bargain. and dan loeb write a check. when carl icahn found out that dan loeb had beaten him, he let loose with one of the ethically -- with an epic tirade on one of the developers, cussing as if he was in vietnam in 1968....
182
182
Mar 6, 2014
03/14
by
BLOOMBERG
tv
eye 182
favorite 0
quote 0
lex which is what carl icahn does really well. thing ebay can do to get carl icahn off its back?they battles incumbents have great advantages. it is certainly an uphill battle. he can saber rattle with the best of them, but getting the ultimate results from the board, we will see if it goes that far. clearly, the changing environment for a payment company shows how successful paypal might someday be. lived a lot of groundwork like no one else, but as the trite tv is an goes, we shall see. >> we shall see. the stock up one percent. that was a great insight. investors are easing their concern, but not when it comes to radioshack. this electronic store catch a break? ♪ >> jcpenney, toys "r" us, best buy and sears are all seeing their bond rally the most in a year, the sign that that isestors -- but radioshack an entirely different story. badwe kept hearing was how the weather of that retailers and margins were bad -- what is going on? >> that was definitely the vibe on wall street. the data was not looking great and everyone was ready for a catalyst for these retailers. it was like
lex which is what carl icahn does really well. thing ebay can do to get carl icahn off its back?they battles incumbents have great advantages. it is certainly an uphill battle. he can saber rattle with the best of them, but getting the ultimate results from the board, we will see if it goes that far. clearly, the changing environment for a payment company shows how successful paypal might someday be. lived a lot of groundwork like no one else, but as the trite tv is an goes, we shall see....
91
91
Mar 16, 2014
03/14
by
FBC
tv
eye 91
favorite 0
quote 0
carl icahn says that it's his next project and ebay doesn't want to be his next project. s getting louder and louder and urging ebay employees not to listen. is that a big mistake. and right now loud voices like icahn shouldn't be-- should be, i should say. gary, we know that icahn is making his presence know and that ebay's executives are dismissing that presence, to their own peril? >> well, it just depends. i think that voices like carl icahn, let's remember he owns 2% of the company so it seems like a small amount, but he has kind of a rather large voice because not a lot of other individuals own 2% of such large companies. neil: right. >> he deserves to be heard. i mean, he generally comes in and for better or worse, at least gets companies to think about doing things differently and for companies in general, i think that's a good thing. neil: michael, obviously, he's not going away, right? how do you deal with a carl icahn. now what he wants, he wants all the executives heads at this point, but now about the paypal thing and everything else. so how do you deal with h
carl icahn says that it's his next project and ebay doesn't want to be his next project. s getting louder and louder and urging ebay employees not to listen. is that a big mistake. and right now loud voices like icahn shouldn't be-- should be, i should say. gary, we know that icahn is making his presence know and that ebay's executives are dismissing that presence, to their own peril? >> well, it just depends. i think that voices like carl icahn, let's remember he owns 2% of the company...
60
60
Mar 24, 2014
03/14
by
CNBC
tv
eye 60
favorite 0
quote 0
carl icahn. >>> welcome back.can see, behind us on the wall, plenty of red on the street today. in fact, nasdaq's getting hit worst of all here. so it's a nasty backdrop we have to do final trades in. let's do that now. >> i don't want to turn around and look. don't tell me. there you go. thank you. power shares, db agriculture, these are commodities themselves, packaged in etf, up 15% year-to-date. new bull market. >> i like csx. the stock hit because of weather, numbers coming down. bad news is out, i expect a pop in the spring. >> pete. >> love the financials, specifically today the way jpmorgan's trading throughout a negative session. i think plenty of upside in the big name. >> the nasdaq sit agent 4200, a dangerous day on the street. what do you look for for the rest of the trading day, before "power lunch" picks up the ball. >> talking on the break, now the dow has succumbed and you're seeing nontechs join the sell-off, not something apparent this morning. the way things close broadly, not just within techs
carl icahn. >>> welcome back.can see, behind us on the wall, plenty of red on the street today. in fact, nasdaq's getting hit worst of all here. so it's a nasty backdrop we have to do final trades in. let's do that now. >> i don't want to turn around and look. don't tell me. there you go. thank you. power shares, db agriculture, these are commodities themselves, packaged in etf, up 15% year-to-date. new bull market. >> i like csx. the stock hit because of weather, numbers...
142
142
Mar 20, 2014
03/14
by
BLOOMBERG
tv
eye 142
favorite 0
quote 0
pulled aay carl icahn good one out of his hat.hisher members have said might be a bad idea. >> when you take a lot of big companies, you can get more short-term values for splitting things up. it is plausible that paypal and ebay armor for -- worth more separately in the short-term. it is probably worth more in the long term together combined. i think the devil is in the details, this 20% partial split. will they still be able to execute the long-term integrated product? side of theyn the are better together. deal, ii look at this understand why ebay wants paypal. i don't understand why paypal would want ebay. >> a decade ago, it was clear. it's a little different now but there is still a tremendous -- ebay is a manufacturing factory of small american businesses, in a way. this is where they grow and figure out the logistic details and they solve their payment problem. every truism about how ebay has been completely dominated the i paypal, there are still new sellers coming in and they are not basing 100% of their business on ebay
pulled aay carl icahn good one out of his hat.hisher members have said might be a bad idea. >> when you take a lot of big companies, you can get more short-term values for splitting things up. it is plausible that paypal and ebay armor for -- worth more separately in the short-term. it is probably worth more in the long term together combined. i think the devil is in the details, this 20% partial split. will they still be able to execute the long-term integrated product? side of theyn the...
205
205
Mar 19, 2014
03/14
by
BLOOMBERG
tv
eye 205
favorite 0
quote 0
how wrong is carl icahn?k he is wrong there are tremendous synergies between ebay and paypal. so much of paypal's business is on ebay. in 1999 when we started, it was essentially a person-to-person payment system, but it was not. 95% being able to buy things on ebay. >> that is fine, but as mr. carl icahn writes -- do they have to be more responsible and start deploying more cash to shareholders? >> yes, i think that makes a lot of sense. but you do not do that by breaking up the company's. they have too many things that are linked. >> there has been a big technology push over at paypal. they were very active last year, adding 58 products. rethinking mobile payments, simple fine transactions for small businesses. isn't this a sign that ebay is allowing paypal to grow organically and that's it is a good fit? >> yes. and they need to do this. the move from desktop to mobile is a revolution that is sweeping the entire tech industry. they have been slow to jump on that. but i think they are doing that now. >> we
how wrong is carl icahn?k he is wrong there are tremendous synergies between ebay and paypal. so much of paypal's business is on ebay. in 1999 when we started, it was essentially a person-to-person payment system, but it was not. 95% being able to buy things on ebay. >> that is fine, but as mr. carl icahn writes -- do they have to be more responsible and start deploying more cash to shareholders? >> yes, i think that makes a lot of sense. but you do not do that by breaking up the...
111
111
Mar 24, 2014
03/14
by
BLOOMBERG
tv
eye 111
favorite 0
quote 0
short, carl icahn long.is adding three of his nominees to the board under an agreement that this will give him five of 13. it wield much influence. >> context is key. they began an investigation into the business practices. he has been pushing for any kind of investigation. he is raising the stakes one more time. they appear to have found the magic formula how to attract the young male viewers advertisers love. we will have that story. >> lions gate is hounding on nextrgent" to be the "hunger games." ♪ >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. >> i am in for stephanie this week. welcome back. >> thank you. folks, get the flu shot. >> he learned the hard way. are a businessman and the city offers to build you a state-of-the-art factory to lemonade all of your taxes and pay for the upkeep and maintenance of your building. sound good to be true? not if your business is in major league baseball. that is what they are doing first bring traini
short, carl icahn long.is adding three of his nominees to the board under an agreement that this will give him five of 13. it wield much influence. >> context is key. they began an investigation into the business practices. he has been pushing for any kind of investigation. he is raising the stakes one more time. they appear to have found the magic formula how to attract the young male viewers advertisers love. we will have that story. >> lions gate is hounding on nextrgent" to...
179
179
Mar 20, 2014
03/14
by
BLOOMBERG
tv
eye 179
favorite 0
quote 0
. >> carl icahn is your friend? >> we have that going.ard marks to spend more time on the behavioral side of investing. richard chilton talked about deconstructing business models. it was a great day for the firm and investors. >> great to have you here. the optimism of jason trennert. bill miller was optimistic as well. he will join us in the next hour. the forex report -- euro is 1.39. weaker yen.and does not do much as ukraine leaves crimea. >> bill miller will join us in the next hour. ♪ >> australia leads the search for large pieces of debris in the deep southern indian ocean. the first planes come back without any citing. may containreserve market reaction. the new rules for janet yellin is discretion will be used in raising rates. there is growth in value investing. bill miller joins us this entire hour. good morning, everyone. live from our world headquarters in new york. i'm tom keene. joining me, scarlet fu and olivia sterns. william miller joining us. a lot today on, should you be in the market echo let's get your morning brief
. >> carl icahn is your friend? >> we have that going.ard marks to spend more time on the behavioral side of investing. richard chilton talked about deconstructing business models. it was a great day for the firm and investors. >> great to have you here. the optimism of jason trennert. bill miller was optimistic as well. he will join us in the next hour. the forex report -- euro is 1.39. weaker yen.and does not do much as ukraine leaves crimea. >> bill miller will join...
81
81
Mar 24, 2014
03/14
by
BLOOMBERG
tv
eye 81
favorite 0
quote 0
herbalife is agreeing to nominate three of carl icahn's suggestions to its board.erbalife shares are going back a little bit, after the federal trade commission said it was looking into the cubbies business practices. >> the saga continues. we will be checking in with you shortly. as the senate looks to whether or not to raise the federal minimum wage to $10.10 an hour, we are focusing on the issue that is truly plaguing our country. the issue of income and equality. president obama has pushed for the minimum wage increase as a way to lift millions of americans out of poverty. there is no doubt that the gap between the rich and the poor is growing. --fact, >> we live in an economy where there are two americas. live one people who with the venison of people who live in a quite another way. that it is not just income inequality has increased over the last generation. if you look at the improvement in the life expectancy, they've come almost entirely among those in the upper half of the income enters tradition -- distribution. if you look at educational achievement, t
herbalife is agreeing to nominate three of carl icahn's suggestions to its board.erbalife shares are going back a little bit, after the federal trade commission said it was looking into the cubbies business practices. >> the saga continues. we will be checking in with you shortly. as the senate looks to whether or not to raise the federal minimum wage to $10.10 an hour, we are focusing on the issue that is truly plaguing our country. the issue of income and equality. president obama has...
69
69
Mar 27, 2014
03/14
by
FBC
tv
eye 69
favorite 0
quote 0
we were just talking about carl icahn.treet journal" is reporting that some of the biggest names on the street share information and only handful of investors know about that the coauthor of that story joins news a moment. sandra: are college football players employees or are they students? should they be unionized? a landmark legal ruling could send the wind of change through college sports. we talk to an nfl agent who has the inside track. david: join us in that conversation. do you think the ncaa be allowed to unionize? are the players students or employees? send us a mayesage on facebook.com/afterthebell. ♪ gunderman group is a go. yes! not just a start up. an upstart. gotta get going. gotta be good. good? good. growth is the goal. how do we do that? i talked to ups. they'll help us out. new technology. smart advice. we focus on the business and they take care of the logistics. ups? good going. we get good. that's great. great. great. great. great. great. great. great. great. (all) great! i love logistics. david: north
we were just talking about carl icahn.treet journal" is reporting that some of the biggest names on the street share information and only handful of investors know about that the coauthor of that story joins news a moment. sandra: are college football players employees or are they students? should they be unionized? a landmark legal ruling could send the wind of change through college sports. we talk to an nfl agent who has the inside track. david: join us in that conversation. do you...
105
105
Mar 27, 2014
03/14
by
KQED
tv
eye 105
favorite 0
quote 0
in fact, carl icahn is going after e-bay right now. e-bay's had a 465% return to shareholders in the last five years, tyler. and he's attacking some of america's best companies. yes, corporations need to make sound capital decisions. they need to decide how much for growth, how much for acquisitions, how much are they going to return to shareholders and dividends. these are capital structure questions. i think they're sound we got too far that way in 2008 and that led to the financial crisis. banks didn't have enough capital to keep them going. so i think the carl icahns of the world are just looking for a short-term hit. he's not concerned about the long term growth of e-bay. i'll tell you with the moves that google and facebook are making, unless e-bay continues under john donahoe, continues to invest and build their platform with pay pal and other aspects, they're not going to be as competitive in the global market. that's what we in america need. great global companies going after the global markets, like pepsico is doing, like coc
in fact, carl icahn is going after e-bay right now. e-bay's had a 465% return to shareholders in the last five years, tyler. and he's attacking some of america's best companies. yes, corporations need to make sound capital decisions. they need to decide how much for growth, how much for acquisitions, how much are they going to return to shareholders and dividends. these are capital structure questions. i think they're sound we got too far that way in 2008 and that led to the financial crisis....
168
168
Mar 4, 2014
03/14
by
BLOOMBERG
tv
eye 168
favorite 0
quote 0
carl icahn has accused him of benefiting from the deal at the expense of ebay and its shareholders. ads that will appear in old shows quote threecis post days after they're broadcast to generate revenue from audience to watch shows on a delayed basis. that is today's company news. cory johnson, with your perspective on bloomberg west in the west coast, how was carl icahn perceived on the west coast? it is different than your, isn't it? new york orpeak for i suppose silicon valley, but i think companies think he is a jerk. they're upset when he becomes involved in the companies. they look at his demanding things for wall street. this is my whole thing with bloomberg west. we try to focus on what businesses do, not the reaction of stocks. i think in this case, the tail is carl icahn when he is getting involved in companies -- >> why shouldn't he go after ebay to advance shareholder value? >> i believe he absolutely should. he can raise these issues. if he is got validity, i mean, full disclosure, i have been on the same site as and when i was in the hedge fund world. >> he is reason a
carl icahn has accused him of benefiting from the deal at the expense of ebay and its shareholders. ads that will appear in old shows quote threecis post days after they're broadcast to generate revenue from audience to watch shows on a delayed basis. that is today's company news. cory johnson, with your perspective on bloomberg west in the west coast, how was carl icahn perceived on the west coast? it is different than your, isn't it? new york orpeak for i suppose silicon valley, but i think...
190
190
Mar 24, 2014
03/14
by
FBC
tv
eye 190
favorite 0
quote 0
if carl icahn his tongue people short-term volatility meaning up and down, the prepared for that. adam: you can follow him on twitter. cheryl: thank you, charlie. one of the nation's most oil shipping routes remains closed, houston shipping channel shut down after a barge crashed into a ship on saturday, 170,000 gallons of oil spilled into the busy waterway and has moved 12 miles offshore into the gulf of mexico. this is a particularly sensitive time for the spill. the peak season while 80 ships have been forced to leave the bay the coast guard hopes to reopen part today. phil flynn at the trading pits of the cme. while this is happening on the domestic front, internationally russia and ukraine tensions have oil hovering above $100 right now. where is the stronger play for you today? >> above on the day, lower on the day back and forth. it is a big deal. shut down for an extended period of time, to play havoc on the gulf coast. there taking more down to the gulf coast so it is not as bad as it could have been, but the coast guard going to get some of the ships moving today eased o
if carl icahn his tongue people short-term volatility meaning up and down, the prepared for that. adam: you can follow him on twitter. cheryl: thank you, charlie. one of the nation's most oil shipping routes remains closed, houston shipping channel shut down after a barge crashed into a ship on saturday, 170,000 gallons of oil spilled into the busy waterway and has moved 12 miles offshore into the gulf of mexico. this is a particularly sensitive time for the spill. the peak season while 80...
261
261
Mar 10, 2014
03/14
by
CNBC
tv
eye 261
favorite 0
quote 0
carl icahn wants to break up ebay. fmc broken up this morning, that's important. >> yes.ember of the breakup parade. >> well, i guess we -- we made it almost through the whole hour without serious audio issues. fmc one to watch. i think he was going to mention cliff's natural. >> there are parallels between what's happening with fmc, rebound there, what could potentially be the case, if carl icahn gets his way with the company like ebay. amid the activity, just want to look at csd, guggenheim spin-off etf, a lot of attention for outperforming the markets since the bottom. down a tenth of a percent but that's the way to play the space if you believe in unlocking value. >> fmc, single-best performer on the s&p, up 7%. a quick break. hopefully talk to jim on the other side. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s
carl icahn wants to break up ebay. fmc broken up this morning, that's important. >> yes.ember of the breakup parade. >> well, i guess we -- we made it almost through the whole hour without serious audio issues. fmc one to watch. i think he was going to mention cliff's natural. >> there are parallels between what's happening with fmc, rebound there, what could potentially be the case, if carl icahn gets his way with the company like ebay. amid the activity, just want to look at...
89
89
Mar 17, 2014
03/14
by
BLOOMBERG
tv
eye 89
favorite 0
quote 0
a lot of debate happening after carl icahn went public with his proposal. a look at the landscape, we took a look at commerce. we think google has the resources and strong engineering platform to be able to put ebay and paypal on their platform successfully. >> apple is already another company we talked about as potentially moving more into the mobile payment business. the premise of this, do you think would carl icahn is saying makes sense and would ebay be willing to let go of paypal you know it is the fastest-growing segment of their business. >> good question. it is a fair point that there is value of paypal walked inside ebay. the question is to be a loud ebay to take the time necessary to unlock that value organically or is a transaction of some sort necessary? with google we think that ebay and paypal can remain together. we're going to leave it there. thank you very much. colin sebastian area and >>. shrugging off a crimean referendum. up triple digits. the s&p lost gains for the year last week. the index now back in the green. "street smart" starts
a lot of debate happening after carl icahn went public with his proposal. a look at the landscape, we took a look at commerce. we think google has the resources and strong engineering platform to be able to put ebay and paypal on their platform successfully. >> apple is already another company we talked about as potentially moving more into the mobile payment business. the premise of this, do you think would carl icahn is saying makes sense and would ebay be willing to let go of paypal...
150
150
Mar 17, 2014
03/14
by
FBC
tv
eye 150
favorite 0
quote 0
liz: you've got bay under attack by carl icahn. >> mr. peltz attacking pepsico.ll position in pepsico, it's a big company. ge's a big company, too, $250 billion market cap, but peltz wants to break up pepsico. apple is a huge company. what's the market cap there? it's huge, right? and carl icahn took a stake in it and prodded management and got them to do a bigger buyback than they wanted. so activist investors do have impact. we should point out a lot of companies say they're disruptive, and they point to, clearly, bill ackman, how he paid lobbyists to, essentially -- liz: yeah. it takes their eye off the ball, you have to focus employers, i think ge's smart to be taking this, and a lot of folks have the this stock -- >> it's one of biggest stocks. liz: very widely held. >> it's on foxbusiness.com. liz: charlie gasparino. >> my father once said st. patrick was italian. take it from the source. [laughter] liz: roman, aha. [laughter] thank you very much. closing bell ringing in 28 and a half minutes. president obama announcing sanctions against individuals in russ
liz: you've got bay under attack by carl icahn. >> mr. peltz attacking pepsico.ll position in pepsico, it's a big company. ge's a big company, too, $250 billion market cap, but peltz wants to break up pepsico. apple is a huge company. what's the market cap there? it's huge, right? and carl icahn took a stake in it and prodded management and got them to do a bigger buyback than they wanted. so activist investors do have impact. we should point out a lot of companies say they're disruptive,...
118
118
Mar 18, 2014
03/14
by
FBC
tv
eye 118
favorite 0
quote 1
i want to talk about a note from carl icahn, has put out again, it is entitled the venture will be thetruth will come out and this is all about lionsgate revealing information and to his point he was very vocal on ebay and ebay should ace enough paypal, and a couple of board members, and there are a lot of issues with ceo john donahue and he says this brings in the case of ebay, board members and advisers may be using tricks and technicalities to keep documentary evidence out of the hands of stockholders but eventually the truth will come out at the pointed to lyonsgate. melissa: we talked about the activist investor at the start of the show and this is incendiary even for carl icahn. nothing stays buried for a long. eventually the truth will come out. interesting to watch this on that and see how it moves stocks. thank you so much. jobs and the lack thereof a huge topic right now. our next guest came to the u.s. as part of an investment these the program the idea being if you spend $1.03 ten jobs in the u.s. you can stay. now he could end up being deported to the u.k.. the founder and
i want to talk about a note from carl icahn, has put out again, it is entitled the venture will be thetruth will come out and this is all about lionsgate revealing information and to his point he was very vocal on ebay and ebay should ace enough paypal, and a couple of board members, and there are a lot of issues with ceo john donahue and he says this brings in the case of ebay, board members and advisers may be using tricks and technicalities to keep documentary evidence out of the hands of...
182
182
Mar 12, 2014
03/14
by
BLOOMBERG
tv
eye 182
favorite 0
quote 0
carl icahn definitely wields a megaphone. t dan loeb and bill ackman, who are is not as loud as carl's certainly as public and have relationships with the media and try to influence events in their direction. >> carl icahn is a brandon to himself. untorives -- is a brand himself. he arrives and basically says one thing -- value. there is value in that stock , by it. that is a simple brand identity right now and he has built up a fortune, over 20 billion u.s. dollars, and that is carl icahn. everybody else, you talk about black men, dan loeb -- they have all -- you talk about bill ackman, dan loeb, they have all evolved and what you are seeing now is less and less are below going to take public profiles because -- >> turned to the media -- >> yeah, turned to bloomberg, cnbc, "new york times" -- >> what about holding a press conference? >> bill control that press conference. he controlled all of the information that one out because it was his press conference. >> there are tactics on how to work the company. you have to work for
carl icahn definitely wields a megaphone. t dan loeb and bill ackman, who are is not as loud as carl's certainly as public and have relationships with the media and try to influence events in their direction. >> carl icahn is a brandon to himself. untorives -- is a brand himself. he arrives and basically says one thing -- value. there is value in that stock , by it. that is a simple brand identity right now and he has built up a fortune, over 20 billion u.s. dollars, and that is carl...
85
85
Mar 25, 2014
03/14
by
CNBC
tv
eye 85
favorite 0
quote 0
guys like carl icahn used to hold stocks five years. now he's holding them six months and taking some of it off like he's done in netflix and the rest of the names. >> to pete's point, he's going to be right and i wouldn't bet against what carl icahn is saying but the near-term factor because the liquidity is probably going to drive the market higher. >> look at the economic data points and speed of the yield curve. those are your two things to keep an eye on in terms of what -- how this market is going to trade in the next couple of weeks. >> paul, thanks for being here. >>> up next, isi's mark is going to tell us whies not nervous and when he says is the best time to buy. >>> google has a new deal with the maker of rebans in an effort to make google glass mainstream but will it work? >>> are banks getting baing in bad habits that could threat your honor money? one report is warning it might happen. >>> are banks getting baing in >>> biotech is another high-octane trade hitting the brakes which raises the question, should you buy the d
guys like carl icahn used to hold stocks five years. now he's holding them six months and taking some of it off like he's done in netflix and the rest of the names. >> to pete's point, he's going to be right and i wouldn't bet against what carl icahn is saying but the near-term factor because the liquidity is probably going to drive the market higher. >> look at the economic data points and speed of the yield curve. those are your two things to keep an eye on in terms of what -- how...
104
104
Mar 7, 2014
03/14
by
CNBC
tv
eye 104
favorite 0
quote 0
carl icahn announces stuff on twitter., he's going to turn to facebook to start disclosing some of that information as well, in addition to his website. so, in essence, the bottom line, guys, carl icahn wants you to follow him on twitter, like him on facebook and logon to his website. >> are you guys connected on li linkedin? >> no. >> are you going to write on his wall? are you going to poke him? all right, dom chu, thank you, what do you make all of these disclosures? >> nobody has used the media, social media better than carl. the media, us included. carl wants to break news, he comes on here and he tells what he's already done, and then the stock reacts to it. it's the same with social media. >> tim, you had this look like when mentioned media. he takes advantage of the media. >> i tell you what, i think carl's strategy with apple, people have been frustrated with, and essentially, he's broken out social media. i don't think this is -- it's an early days. i think people are more vulnerable about how they're getting inf
carl icahn announces stuff on twitter., he's going to turn to facebook to start disclosing some of that information as well, in addition to his website. so, in essence, the bottom line, guys, carl icahn wants you to follow him on twitter, like him on facebook and logon to his website. >> are you guys connected on li linkedin? >> no. >> are you going to write on his wall? are you going to poke him? all right, dom chu, thank you, what do you make all of these disclosures?...
204
204
Mar 14, 2014
03/14
by
CNBC
tv
eye 204
favorite 0
quote 0
john donahoe is saying carl icahn's campaign to get the company to split off paypal will only get louderay and icahn have been sparring sometimes on a daily basis when icahn went public with this message. the board believes paypal works best when it's integrated with ebay's core marketplace business. >> our customers want seamless experiences. customers don't think about shopping and paying as two separate things. the noise is going to get louder over the next four to six to eight weeks. don't pay attention to the noise. stay focused. and don't be distracted. >> certainly not just talking to employees. they are addressing shareholders, i would imagine. icahn owns just over 2% of ebay. earlier this week, smead capital, which owns less than 1% spoke out in support of management's view that paypal should stay in the fold. those shares are flat to the downside. it's going be a very, very busy shareholder season this year with these activists investors making so much noise. the interesting thing about ebay, guys, is that it used to be that pay pal was fast growing, ebay was slower. now ebay i
john donahoe is saying carl icahn's campaign to get the company to split off paypal will only get louderay and icahn have been sparring sometimes on a daily basis when icahn went public with this message. the board believes paypal works best when it's integrated with ebay's core marketplace business. >> our customers want seamless experiences. customers don't think about shopping and paying as two separate things. the noise is going to get louder over the next four to six to eight weeks....
379
379
Mar 5, 2014
03/14
by
CNBC
tv
eye 379
favorite 0
quote 0
carl icahn calling in to the line this morning on our "change the world" program involved in mt. rlier. and carl, of course, has given a lot of money, over $200 million, maybe even more, to mt. sinai. carl, thank you for joining us this morning. >> yeah, thanks for having me, ross. >> real quickly, help us just understand your involvement with mt. sinai. and you've given a lot of money away over the years. and i just want to understand your sort of philanthropic philosophy in terms of how you've even approached any of this. >> well, you know, i feel that you have to i have go the money back. if it weren't for this country, i'd still be on the streets of queens. what other country can you do this in? you know, i've joined that giving pledge. a lot of people say that i'm just a greedy guy and maybe there is some truth to that, but as far as i'm concerned, you know, i owe this country a great deal. >> why mt. sinai, carl? >> well, you know, i know ken davis. i'm on the board of trustees, but i'm not a great board member. i'm sort of an obsessive guy. i work all the time, so i haven't
carl icahn calling in to the line this morning on our "change the world" program involved in mt. rlier. and carl, of course, has given a lot of money, over $200 million, maybe even more, to mt. sinai. carl, thank you for joining us this morning. >> yeah, thanks for having me, ross. >> real quickly, help us just understand your involvement with mt. sinai. and you've given a lot of money away over the years. and i just want to understand your sort of philanthropic philosophy...
113
113
Mar 10, 2014
03/14
by
BLOOMBERG
tv
eye 113
favorite 0
quote 0
carl icahn is not exact -- not agnostic when it comes to the future. why does he believe that a pal is worth more spun off from ebay? >> you can add the notion that this is a hot space so there is some silly valuations going on for players who are nascent. they have a better chance of attracting such a valuation. what is interesting is ebay looks at this business as not just something they like as a stand-alone business but also something they like to protect ebay itself. you mean, protect ebay itself, protected from what? >> it is -- paypal has been the dominant form of payment on ebay. since long before ebay owned the company. when it was a money loan -- losing complete run by a handful of people, some notable people like reid hoffman and peter teal , elon musk gets credit for running paypal. it was losing boatloads of money. it was successful but losing a ton of money. ebay acquired it because their own payment solution was feeling with customers and they recognized if they wanted -- ebay wants to control the payment on ebay, they could not let a co
carl icahn is not exact -- not agnostic when it comes to the future. why does he believe that a pal is worth more spun off from ebay? >> you can add the notion that this is a hot space so there is some silly valuations going on for players who are nascent. they have a better chance of attracting such a valuation. what is interesting is ebay looks at this business as not just something they like as a stand-alone business but also something they like to protect ebay itself. you mean,...
132
132
tv
eye 132
favorite 0
quote 1
until the closing bell rings, billionaire carl icahn has said some less than complimentary things about ebay. we got a chance to hear ebay's side of the store. we sat down with ebay ceo john donato and liz claman is on the west coast. liz: breaking news out of silicon valley. take a look. is really prime minister benjamin netanyahu and governor jerry brown of the state of california putting pen to paper to share brilliant ideas on everything from water conservation to cybersecurity to high-tech innovation. the sharing of ideas between california and is real is nothing new to the big company of intel. my fox business exclusive with the ceo, brian krzanich. why did they go all the way to israel with five employees to set up shop? brian krzanich explains coming up, we are live in silicon valley with big news breaking right now. life's an adventure when you're with her. and it always has been. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be read
until the closing bell rings, billionaire carl icahn has said some less than complimentary things about ebay. we got a chance to hear ebay's side of the store. we sat down with ebay ceo john donato and liz claman is on the west coast. liz: breaking news out of silicon valley. take a look. is really prime minister benjamin netanyahu and governor jerry brown of the state of california putting pen to paper to share brilliant ideas on everything from water conservation to cybersecurity to high-tech...