Edition:
United States

Carl Icahn Headlines

Starboard reiterates Yahoo should combine with AOL

Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions.

Starboard reiterates Yahoo should combine with AOL

Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions.

Breakingviews: Clunky conglomerates put on high breakup alert

Clunky conglomerates have been put on high alert. Billionaire investor Carl Icahn descended on Wisconsin-based Manitowoc just before the new year, urging it to separate construction cranes from its ice machines. Companies with such head-scratching pairings make easy targets for freshly invigorated uppity investors. The likes of Pitney Bowes, The Andersons and JBT may want to keep vigilant guard in 2015.

Breakingviews: Clunky conglomerates put on high breakup alert

Clunky conglomerates have been put on high alert. Billionaire investor Carl Icahn descended on Wisconsin-based Manitowoc just before the new year, urging it to separate construction cranes from its ice machines. Companies with such head-scratching pairings make easy targets for freshly invigorated uppity investors. The likes of Pitney Bowes, The Andersons and JBT may want to keep vigilant guard in 2015.

Breakingviews: IBM turnaround requires atypical activist fix

IBM requires an atypical activist fix. Big Blue's strategy of cost cuts and debt-fueled buybacks is no longer working - even though the company keeps trying. A tarnished balance sheet, lean staffing and a history of disposals rule out typical activist wheezes. Encouraging Chair and Chief Executive Ginni Rometty to invest in IBM's core businesses could pay off.

Photo

Trump administration weighs tighter vetting for women, children refugees: sources

WASHINGTON/NEW YORK The Trump administration is considering tightening the vetting process for women and children seeking to enter the United States as refugees, a proposal that if adopted would bring security checks closer to those for adult men, three sources with knowledge of the plan told Reuters.