Who Got Richer And Poorer This Week: Carl Icahn Gets Raided, Loses $6.5 Billion; Shopify CEO Lays Off 20%, Gains $1 Billion
forbes.com/sites/richardjchang/2023/05/05/who-got-richer-and-poorer-carl-icahn-raided-loses-65-billion-shopify-lays-off/
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Icahn Enterprises has become the latest of Hindenburg Research’s targets to hit the skids—and the headlines—after the short-selling firm issued a report about ... Show more
Hindenburg Research takes on Carl Icahn: An upstart activist investor challenges a veteran of the trade
economist.com/business/2023/05/04/hindenburg-research-takes-on-carl-icahn
Icahn Enterprises to give $2 per depositary unit days after Hindenburg report: Icahn Enterprises (IEP.O) said on Thursday it was planning to distribute $2 per ...
reuters.com/markets/us/icahn-enterprises-distribute-2-per-depositary-unit-days-after-hindenburg-report-2023-05-04/
BUSINESS REFLECTION: After the Bell: Icahn Enterprises — I just can’t: There is an old joke, a little stereotypical for my taste, that schadenfreude is the ...
dailymaverick.co.za/article/2023-05-04-after-the-bell-icahn-enterprises-i-just-cant/
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Who Got Richer And Poorer This Week: Carl Icahn Gets Raided, Loses $6.5 Billion; Shopify CEO Lays Off 20%, Gains $1 Billion
forbes.com/sites/richardjchang/2023/05/05/who-got-richer-and-poorer-carl-icahn-raided-loses-65-billion-shopify-lays-off/
Icahn Enterprises Issues Dividend After Hindenburg Attack: Icahn Enterprises LP, under pressure from short seller Hindenburg Research, said it would pay a ...
bloomberg.com/news/articles/2023-05-04/icahn-enterprises-issues-dividend-after-hindenburg-attack
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Estee Lauder’s China Business Is Looking Good. That Helps Its Turnaround.: Analysts see more upside as the beauty company strengthens its China business and ...
trib.al/sxkyFIN
Paid articlePaywall Global Beauty Giants Deepen China Investments: Global Beauty Giants Deepen China Investments - L’Oréal and Estée Lauder announce partnerships at the CIIE as ...
caixinglobal.com/2026-11-09/global-beauty-giants-deepen-china-investments-102502642.html
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Estée Lauder is raising its outlook as fragrance demand powers its turnaround: The beauty company expects organic sales to grow 4% to 5.5% in the fiscal year ...
qz.com/estee-lauder-raises-outlook-fragrance-demand-earnings-110226
Paid articlePaywall Global Beauty Giants Regain Momentum in China: Global Beauty Giants Regain Momentum in China - Estée Lauder and L’Oréal outpaced China’s broader cosmetics market ...
caixinglobal.com/2026-11-04/global-beauty-giants-regain-momentum-in-china-102500839.html
Estee Lauder cuts promotions as luxury fragrances help lift outlook: Estee Lauder is cutting promotions and ramping up brand investment as its turnaround gathers ...
bnnbloomberg.ca/business/company-news/2026/11/02/estee-lauder-lifts-annual-targets-as-luxury-fragrance-drives-sales-ahead-of-holidays/
Puig Family Business: With the Estée Lauder deal off, Puig is betting on family control, patient brand building, and future acquisitions to reach €8 billion in ...
puck.news/fashion/2026/10/inside-puigs-first-capital-markets-day
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Estee Lauder sees weak annual profit on slow recovery in Asia travel retail: Estee Lauder (EL.N) forecast annual sales and profit below estimates on Friday ...
reuters.com/business/retail-consumer/estee-lauder-forecasts-weaker-annual-forecast-slow-recovery-asia-travel-retail-2023-08-18/
Carl Icahn Is $15 Billion Poorer After Hunter Becomes the Hunted: Tucked away in South Florida’s Billionaire Bunker, The Lone Wolf of Wall Street is ready for a ...
bloomberg.com/news/articles/2023-05-22/carl-icahn-s-net-worth-takes-15-billion-hit-but-he-s-ready-to-fight-back
Home Depot DIY customers and pro shoppers more cautious: Home Depot's revenue missed expectations Tuesday. However, the home improvement retailer noted that ...
foxbusiness.com/lifestyle/home-depot-diy-customers-pro-shoppers-cautious-revenue-falls
Key FactsHome Depot Reports Biggest Revenue Miss in 20 Years, Lowers Forecast Due to Delays in Big Projects
Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- Cold weather and falling lumber prices hurt sales in the fiscal first quarter.
- Home Depot expects a decline of 2% to 5% in sales and comparable sales for the fiscal year.
- According to CFO Richard McPhail, Home Depot anticipates a period of moderation in 2023, following Americans' huge interest in home improvement projects during the Covid pandemic.
- Home Depot missed Wall Street's revenue expectations for the second quarter in a row. Last quarter was the first time the company fell short of analysts' expectations since November 2019, before the pandemic.
Uber rival Bolt seeks to turn profitable next year, IPO in 2025: Estonian ride-hailing and food delivery startup Bolt expects to turn profitable in the next 12 ...
reuters.com/technology/uber-rival-bolt-seeks-turn-profitable-next-year-ipo-2025-2023-05-08/
Paid articlePaywall Activist investor Peltz tells Cramer he's not pursuing Club name Estee Lauder : The activist has no intention of pursuing a shakeup at Club holding Estee Lauder ...
cnbc.com/2023/05/08/activist-investor-peltz-tells-cramer-hes-not-pursuing-estee-lauder-.html
Paid articlePaywall Estée Lauder Stock Up Amid Report Nelson Peltz Is Exploring Activist Campaign: The cosmetics company has underperformed its peers in the beauty space ...
barrons.com/articles/estee-lauder-stock-nelson-peltz-activist-2ec78cc3
Carl Icahn's empire loses $6 billion in a day after short seller report: Carl Icahn's empire took another hit on Wednesday when his holding company's shares ...
reuters.com/markets/us/carl-icahns-investment-firm-tumbles-18-after-hindenburg-attack-2023-05-03/
Key FactsHindenburg Research Targets Carl Icahn's Conglomerate in Short Position
Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- Hindenburg Research just revealed their short position against Carl Icahn's empire, alleging that the firm is supported by 'ponzi-like' structures.
- Reasons for Hindenburg's short position include IEP trading at a 218% premium to its last reported NAV, inflated valuations for less liquid and private assets, and the company using new investor funds to pay old investors.
- The company has also suffered additional performance losses year to date following its last disclosure.
- Hindenburg previously accused the company of 'brazen stock manipulation' and 'accounting fraud' in a report released in January.
IKEA To Add 8 Stores As Part Of A $2.2 Billion U.S. Expansion Plan: IKEA is making its biggest investment in U.S. growth since it first arrived in this country ...
forbes.com/sites/joanverdon/2023/04/20/ikea-to-add-eight-us-stores-as-part-of-a-2-billion-expansion-plan/
TikTok under fire reveals $17.3 billion drop in founder’s fortune: The TikTok CEO's testimony before US Congress last week has shed new light on the fortune ...
straitstimes.com/business/tiktok-under-fire-reveals-17-billion-drop-in-bytedance-founder-s-fortune
Alice Chang has convinced most of the beauty world – from Estee Lauder to Clinique to Sally Hansen – to use her virtual try-on technology. Next up: Apparel ... Show more
Paid articlePaywall If Salesforce sells Slack, it could get half the $28 billion it paid: Salesforce is under siege by activist hedge funds. If they want it to divest ...
businessinsider.com/marc-benioff-salesforce-sell-slack-worth-less-than-half-analyst-2023-1
Good News for FTX Clients: More Than $5 Billion Recovered: Advisers to the failed cryptocurrency exchange have recovered cash and crypto assets that they plan to ...
thestreet.com/investing/cryptocurrency/good-news-for-ftx-clients-more-than-5-billion-recovered
Paid articlePaywall Masayoshi Son ‘ashamed’ of focus on profits after SoftBank logs record $23bn loss
ft.com/content/8d84b488-8f97-4742-ab46-154d3b312a82
Paid articlePaywall Uber Is Cash Flow Positive for First Time. The Stock Soars.: Revenue at the ride-hailing giant grows by 105% in the second quarter.
barrons.com/articles/uber-technologies-earnings-stock-51659440133
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