Connect with us

Hi, what are you looking for?

Investing

Carl Icahn offloads Cheniere, Herc

Activist investor Carl Icahn sold off his entire stakes in Cheniere Energy Inc. LNG and Herc Holdings Inc. HRI during the most recent quarter, according to a filing on Monday, while upping by 11.5% his position in the depositary units of holding company Icahn Enterprises IEP. The quarterly disclosures arrived after Icahn Enterprises, which offers exposure to Icahn’s investments, this month halved its quarterly dividend and posted a surprise quarterly loss — results that Icahn himself partially blamed on accusations made earlier in the year by short-seller Hindenburg Research. Hindenburg in May accused Icahn Enterprises…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like