Tuesday, 2 September 2014
Last updated 2 hours ago
Sep 4 2013 | 11:06am ET
When Carl Icahn and Apple Inc. CEO Tim Cook sit down to dine this month, the electronics company's dividend may not be the only matter on the table.
Icahn has increased his stake in Nuance Communications to 16.9%, raising speculation that he may push Apple to make a play for the speech-recognition software company. Apple and Nuance are no strangers to one another, with the former having used some of the latter's technology to develop its Siri voice-activated personal assistant.
Icahn's Nuance purchases bring him near the 20% ownership level that would activate the company's poison pill provision.
Separately, Icahn will also slash his investment in organic-products maker Hain Celestial Group, the company said yesterday. Icahn currently owns more than 15% of the company; after the sale, he'll own about 7.5%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...