02 апреля, 17:24

FUJIFILM Expands into Healthcare With Latest Acquisition

FUJIFILM's (FUJIY) investments into pharmaceutical manufacturing, partnerships and acquisitions are expected to boost penetration in the healthcare market.

27 марта, 16:47

Риски на рынках: 5 ночных кошмаров инвесторов

Если вы интересовались историей финансовых рынков, то вы знаете, что здесь иногда происходят неожиданности, способные привести к самым трагическим последствиям.

27 марта, 16:47

Риски на рынках: 5 ночных кошмаров инвесторов

Если вы интересовались историей финансовых рынков, то вы знаете, что здесь иногда происходят неожиданности, способные привести к самым трагическим последствиям.

27 марта, 13:00

A Cabinet of Conspicuous Corruption

Wasteful spending of taxpayer dollars by several secretaries follows a tone set by the president.

26 марта, 11:15

The 5 Biggest Market Risks That Billionaires Are Hedging Against

If you’ve studied the history of markets, you know that sentiment can turn on a dime. Whether it is an unexpected wake-up call like the collapse of Lehman Brothers, or simply the popping of a bubble that’s blown too big, the tides can shift in a matter of hours or days. As Visual Capitalist's Jeff Desjaridns notes, no one knows this better than the world’s most elite investors – and that’s why billionaires like Warren Buffett, Ray Dalio, Bill Gross, Paul Tudor Jones II, and Carl Icahn take the necessary precautions available to protect themselves from these big and unexpected market swings. 5 RISKS THAT KEEP BILLIONAIRES UP AT NIGHT Today’s infographic comes to us from Sprott Physical Bullion Trusts and it highlights some of the potential market risks that could move markets, as well as how these elite investors are hedging to protect their fortunes. Courtesy of: Visual Capitalist While these are all market risks that billionaires are concerned about, it’s worth mentioning that these kinds of events are almost impossible to predict or forecast. Despite the unlikelihood of them occurring, they all have the potential to impact markets – and that’s why elite investors are always active in hedging their investments. A NOTE ON NET WORTH Why are billionaires so concerned – after all, don’t they have lots of cash to protect themselves? It’s worth noting that on a relative basis, billionaires often aren’t very liquid at all. In fact, the majority of their net worth is usually tied up in business interests or other investments, and the value of these assets fluctuate with the market. That means a big market movement could wipe out millions or billions of dollars in the span of hours. For an extreme example of this, just look at Mark Zuckerberg, who saw his net worth plunge $6 billion in just one day in the wake of his company’s most recent privacy crisis. THE 5 BIG MARKET RISKS Here are the risks keeping the world’s most elite investors up at night: 1. The Return of Inflation Have central banks mastered monetary policy- or is there a chance that inflation could come back with a vengeance? After trending down for decades, billionaire Carl Icahn says that creeping inflation could lead to higher interest rates, which he thinks would be “difficult to deal with for the market”. 2. Record High Debt The most recent number for global debt is at $233 trillion, and about $63 trillion of that is central government debt. Bill Gross, the “Bond King”, says that our system is dependent on leverage, and the critical values that affect this are debt levels, availability, and the cost of leverage. He said in a recent interview that “When one or more of these factors deteriorates, the probability of the model’s success and stability go down”. 3. Bond Market Worries Last year, 84% of investors said that the corporate bond market was overvalued – and 82% said that the government bond market was overvalued. In a recent interview, hedge fund billionaire Paul Tudor Jones II predicted a price plunge, saying that “Bonds are the most expensive they’ve ever been by virtually any metric. They’re overvalued and over-owned.” 4. Geopolitical Black Swans Elite investors continue to worry about geopolitical surprises that could impact markets, such as a trade war with China. We looked at this broad topic in depth in our previous infographic on geopolitical black swans. 5. Overzealous Central Banks Lastly, many world-class investors are also concerned about the unintended aftereffects of massive central bank programs in recent years. With $13 trillion in total QE pumped into global markets since 2008, investors are worried about how much room that central banks have left to maneuver in a situation where the central bank “tool kit” is needed.

26 марта, 06:00

Extra: Carol Bartz Full Interview

Stephen Dubner's conversation with the former C.E.O. of Yahoo, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.” The post Extra: Carol Bartz Full Interview appeared first on Freakonomics.

22 марта, 21:56

The 5 Biggest Market Risks That Billionaires are Hedging Against

What market risks are the world's most elite investors worried about, and how are they protecting themselves? Here is what is keeping billionaires up at night. The post The 5 Biggest Market Risks That Billionaires are Hedging Against appeared first on Visual Capitalist.

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20 марта, 16:23

Breakingviews: Icahn-Newell pact clarifies Starboard’s value

Newell Brands has decided the best activist defense is an activist offense. The maker of Sharpie pens and Crock-Pot cookers is handing Carl Icahn’s firm four board seats, including chairman,

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19 марта, 12:44

Newell Brands agrees to appoint Carl Icahn's 4 nominees to its board of directors

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

13 марта, 16:49

The Trump White House Is Now Losing One Senior Staff Member Every 17 Days

The Trump White House has seen 24 departures in its first 417 days - a rate of around one senior position every 17 days (and more first-year departures than any other president in at least 40 years). As The Wall Street Journal reports, a chief of staff, press secretary, three communications directors, a chief strategist, a health secretary, and now a Secretary of State and Personal Assistant are among those who have left the Trump administration. Resigned/Fired: 20 White House Staff 2 Executive Branch Staff 2 Cabinet Members The full list... 1. Michael Flynn Title: National Security Adviser Start date: Jan. 20, 2017 End date: Feb. 13, 2017 2. Craig Deare Title: National Security Council Senior Director Start date: Jan. 20, 2017 End date: Feb.17, 2017 3. Katie Walsh Title: White House Deputy Chief of Staff Start date: Jan. 20, 2017 End date: March 30, 2017 4. James Comey Title: FBI Director Start date: Sept. 4, 2013 End date: May 9, 2017 5. K.T. McFarland Title: Deputy National Security Adviser Start date: Jan. 20, 2017 End date: April 9, 2017 6. Michael Dubke Title: Communications Director Start date: March 6, 2017 End date: May 30, 2017 7. Sean Spicer Title: Communications Director, Press Secretary Start date: Jan. 20, 2017 End date: July 21, 2017 8. Derek Harvey Title: Senior Middle East Director, National Security Council Start date: Jan. 20, 2017 End date: July 27, 2017 9. Reince Prebius Title: Chief of Staff Start date: Jan. 20, 2017 End date: July 23, 2017 10. Anthony Scaramucci Title: Communications Director Start date: July 21, 2017 End date: July 31, 2017 11. Steve Bannon Title: White House Chief Strategist Start date: Jan. 20, 2017 End date: Aug. 18, 2017 12. Carl Icahn Title: Special Adviser to the president Start date: Jan. 20, 2017 End date: Aug. 19, 2017 13. Sebastian Gorka Title: Deputy Assistant to the President Start date: Jan. 20, 2017 End date: Aug. 25, 2017 14. Tom Price Title: Secretary of Health and Human Services Start date: Feb. 10, 2017 End date: Sept. 29, 2017 15. Dina Powell Title: Deputy National Security Adviser Start date: Jan. 18, 2017 End date: Dec. 8, 2017 16. Rick Dearborn Title: Deputy Chief of Staff Start date: Jan. 18, 2017 End date: Dec. 22, 2017 17. Omarosa Manigault Newman Title: Communications Director Start date: Jan. 20, 2017 End date: Jan. 20, 2018 18. Andrew McCabe Title: Deputy Director of FBI Start date: Feb. 1, 2016 End date: Jan. 29, 2018 19. Rob Porter Title: Staff Secretary Start date: Jan. 20, 2017 End date: Feb. 7, 2018 20. Josh Raffel Title: Senior Communications Official Start date: April 5, 2017 End date: Feb 27, 2018 21. Hope Hicks Title: Director of Strategic Communications, Communications Director Start date: Jan. 20, 2017 End date: Hicks announced on Feb. 28, 2018 that she plans to resign in the coming weeks. 22. Gary Cohn Title: Director of the National Economic Council Start date: Jan. 20, 2017 End date: Mar 6, 2018 23. Rex Tillerson Title: Secretary of State Start date: Feb 1, 2017 (confirmed) End date: Mar 9, 2018 24. John McEntee Title: Personal Assistant to President Trump Start date: Jan. 20, 2017 End date: Mar 13, 2018 Who's next?

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11 марта, 02:00

Leaders Under Pressure – Ursula Burns

Former Xerox CEO faced intense pressure from Carl Icahn

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09 марта, 02:10

Carl Icahn denies he knew about Trump's steel tariff announcement before dumping stocks

The billionaire activist-investor said recent speculation about the timing of his sale of stocks in a crane manufacturing company “calls for a response.”

08 марта, 06:12

Trump After Dark: Is There Steel Hope? edition

Until President Donald Trump makes it official — perhaps as early as tomorrow — establishment Republicans are trying desperately to modify his tariff plans.So far, Trump’s insistence has cost him one top aide, Gary Cohn, and prompted push back on Capitol Hill. Now, Vice President Mike Pence may now be the last hope, POLITICO’s Matthew Nussbaum and Eliana Johnson report. While Pence has publicly backed Trump’s agenda, he’s also quietly working to modulate his boss.“Back in Washington, the vice president has been among the legions of top administration officials pushing President Donald Trump to back off the sweeping protectionist plan he put forward ... Pence ... has been quietly delivering messages to the president from Republicans on the Hill, who have publicly opposed the tariffs plan.” Republicans are hoping Pence can change things, in part, because they’re desperately worried by what it might mean if he doesn’t. POLITICO’s Burgess Everett and Rachael Bade report that after Cohn’s resignation, many Republicans are worried that Trump is set to unfurl a full on protectionist agenda.“The outgoing economic adviser to Trump is one of Hill Republicans’ most accessible conduits to the White House … with no prominent free traders left in the White House, Republicans worry Trump might take even more drastic measures like withdrawing from NAFTA and end up hobbling the economy in an election year.”Elsewhere in President Trump’s orbit:RUSTED METAL: The Bush administration tried steel tariffs too, and they didn’t work for a variety of reasons including that when you protect one industry, others get angry about it. RUSSIAN TO LEARN MORE: President Trump discussed the Russia probe with former White House chief of staff Reince Priebus and White House counsel Don McGahn, despite the advice of attorneys to avoid the topic. GENERAL PUSHBACK: Attorney General Jeff Sessions traveled to California to push back against the state’s resistance to Trump immigration policies. STORM CLOUDS: The White House said today that President Trump “denied all these allegations” after adult film star Stormy Daniels sued him alleging an affair with him in 2006.ICAHN DENIES IT: Carl Icahn, the iconic investor and friend of President Trump, denied that a sell-off of companies affected by Trump’s tariff decision came with any knowledge of Trump’s decision. TOOKE LEAVE: The chief of the U.S. Forest Service, Tony Tooke, stepped down after reports of sexual harassment and retaliation at the agency and against Tooke himself. NEW HOUSE: A White House drug policy aide who was ousted for his lack of experience has joined the Department of Housing and Urban Development as a mid-level staffer. There you have it. You’re caught up on the Trump administration. Wednesday is finished.

08 марта, 03:04

Icahn denies inappropriate stock sale before Trump tariff announcement

Billionaire investor Carl Icahn, a friend of President Donald Trump, denied Wednesday having any prior information about the administration's tariff announcement last week that might have prompted him to sell shares in a company affected by the news.In a brief statement on his website, Icahn said, "Any suggestion that we had prior knowledge of the Trump administration's announcement of new tariffs on steel imports is categorically untrue."In February, Icahn's funds sold millions of dollars of shares in The Manitowoc Co., one of the world's largest manufacturers of cranes. On March 1, the day Trump announced steel and aluminum tariffs, the Wisconsin-based company's shares dropped about 6 percent."We reduced our position in Manitowoc for legitimate investment reasons having nothing to do with that announcement," Icahn said in his statement, without elaborating. Icahn Associates Corp. was the second-largest shareholder of Manitowoc at the end of 2017. Its shares closed today at $28.16, down 5.25 percent from its March 1 opening price.Shortly after Trump's election, he picked Icahn — a supporter throughout the presidential campaign — to be an unpaid adviser on deregulation issues. Though Icahn gave up his role in August 2017, his recent trading in Manitowoc drew suspicion about whether he might have known about Trump's tariff announcement.On March 5, the Project on Government Oversight, a watchdog group, sent a letter to the SEC to investigate Icahn's Manitowoc share sales.

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07 марта, 22:54

Carl Icahn denies he knew about tariffs before selling Manitowoc stock

Media reports last week pointed out that investor Carl Icahn sold $30 million worth of shares in a steel-dependent company shortly before the president announced a 25% tariff on steel imports.

07 марта, 20:45

Carl Icahn Denies He Sold Manitowoc On Inside Information (From Trump)

Last week Think Progress first pointed out that Carl Trump - a former advisor to Donald Trump - sold about $30 million in crane manufacturer Manitowoc shares in the weeks before President Trump said he would impose new tariffs on US steel imports. A regulatory filing showed that the billionaire investor sold roughly a third of his stake in the Wisconsin-based company which has a sizable exposure to U.S. steel imports, from Feb. 12 through Feb. 22  (he remains Manitowoc’s fifth-largest holder with about 4.8% of the company’s common shares). Icahn first disclosed a stake in Manitowoc in late 2014 and said at the time he may seek board representation at the company, calling its stock undervalued. Then, last Thursday Trump unexpectedly proposed slapping tariffs of 25% on imported steel and 10% on aluminum, which sent the stock into a tailspin: Shares of Manitowoc fell as much as 7% in New York trading Friday, and have lost over 20% since Feb. 9, the last trading day before Icahn starting reducing his stake. The issue is that Icahn had sold a substantial chunk just ahead of the announcement. Icahn has fallen in regulatory crosshairs before: he quit his role as a special regulatory adviser to Trump in August after Democratic lawmakers asked questions about potential conflicts of interest with his business dealings in oil refining and insurance. Icahn at the time denied profiting from his advice-giving role, a possibility raised by critics who had asked administration officials to investigate his work. Obviously, the implication was that Trump may have told Icahn what he was about to do, and that Icahn traded on the inside information, which would have a clearly negative impact on shares of Manitowoc stock (it did). Fast forward to today, when shortly after noon, Icahn issued a formal statement regarding Manitowoc. This is what he said (highlights his): “We don’t generally comment on rumors, but the recent media speculation regarding our sale of Manitowoc stock calls for a response. We state for the record: Any suggestion that we had prior knowledge of the Trump administration’s announcement of new tariffs on steel imports is categorically untrue. We reduced our position in Manitowoc for legitimate investment reasons having nothing to do with that announcement.” In other words, Icahn is saying he would hardly have been dumb enough to frontrun an announcement by the president just days in advance.  Perhaps, although something tells us that this may be just the beginning of this particular story, and that going forward all of Icahn's stock trades will be far more closely scrutinized, especially if Icahn continues to suggest, like he did last month, that a "market earthquake is coming", and that "a lot of people will pay the price like in 1929."

07 марта, 17:55

The Trump White House Is Losing One Senior Staff Member Every 20 Days

The Trump White House has seen 22 departures in its first 411 days - a rate of around one senior position every 20 days (and more first-year departures than any other president in at least 40 years). As The Wall Street Journal reports, a chief of staff, press secretary, three communications directors, a chief strategist and a health secretary are among the senior officials who have left the Trump administration. Resigned/Fired: 19 White House Staff 2 Executive Branch Staff 1 Cabinet Member The full list... 1. Michael Flynn Title: National Security Adviser Start date: Jan. 20, 2017 End date: Feb. 13, 2017 2. Craig Deare Title: National Security Council Senior Director Start date: Jan. 20, 2017 End date: Feb.17, 2017 3. Katie Walsh Title: White House Deputy Chief of Staff Start date: Jan. 20, 2017 End date: March 30, 2017 4. James Comey Title: FBI Director Start date: Sept. 4, 2013 End date: May 9, 2017 5. K.T. McFarland Title: Deputy National Security Adviser Start date: Jan. 20, 2017 End date: April 9, 2017 6. Michael Dubke Title: Communications Director Start date: March 6, 2017 End date: May 30, 2017 7. Sean Spicer Title: Communications Director, Press Secretary Start date: Jan. 20, 2017 End date: July 21, 2017 8. Derek Harvey Title: Senior Middle East Director, National Security Council Start date: Jan. 20, 2017 End date: July 27, 2017 9. Reince Prebius Title: Chief of Staff Start date: Jan. 20, 2017 End date: July 23, 2017 10. Anthony Scaramucci Title: Communications Director Start date: July 21, 2017 End date: July 31, 2017 11. Steve Bannon Title: White House Chief Strategist Start date: Jan. 20, 2017 End date: Aug. 18, 2017 12. Carl Icahn Title: Special Adviser to the president Start date: Jan. 20, 2017 End date: Aug. 19, 2017 13. Sebastian Gorka Title: Deputy Assistant to the President Start date: Jan. 20, 2017 End date: Aug. 25, 2017 14. Tom Price Title: Secretary of Health and Human Services Start date: Feb. 10, 2017 End date: Sept. 29, 2017 15. Dina Powell Title: Deputy National Security Adviser Start date: Jan. 18, 2017 End date: Dec. 8, 2017 16. Rick Dearborn Title: Deputy Chief of Staff Start date: Jan. 18, 2017 End date: Dec. 22, 2017 17. Omarosa Manigault Newman Title: Communications Director Start date: Jan. 20, 2017 End date: Jan. 20, 2018 18. Andrew McCabe Title: Deputy Director of FBI Start date: Feb. 1, 2016 End date: Jan. 29, 2018 19. Rob Porter Title: Staff Secretary Start date: Jan. 20, 2017 End date: Feb. 7, 2018 20. Josh Raffel Title: Senior Communications Official Start date: April 5, 2017 End date: Feb 27, 2018 21. Hope Hicks Title: Director of Strategic Communications, Communications Director Start date: Jan. 20, 2017 End date: Hicks announced on Feb. 28, 2018 that she plans to resign in the coming weeks. 22. Gary Cohn Title: Director of the National Economic Council Start date: Jan. 20, 2017 End date: The New York Times reports he will be leaving in coming weeks. Who's next?

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06 марта, 04:07

Shortly before Trump announced tariffs, his former adviser dumped millions in steel-related stocks

Carl Icahn sold his $31.3 million stake in the Manitowoc Company, a leading manufacturer of cranes. Since Trump’s announcement, Manitowoc’s stock has plummeted.

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05 марта, 15:14

Trump Pal Carl Icahn Unloaded Millions In Steel-Related Stock Days Before Tariff

The billionaire sold before shares of crane manufacturer Manitowoc Co. plunged on Trump's tariff plan.

20 января 2017, 17:30

Трамп прийде, порядок наведе!

В должность 45 президента США вступает Дональд Трамп, часто сравниваемый с Рональдом Рейганом Давайте взглянем на его кабинет и на него самого более пристально WASP,пресвитерианец, изоляционист, консерватор (в хорошем смысле этого слова) и натоящий мужик!

17 мая 2016, 15:00

Карл Айкан делает ставку на обрушение рынка. Шорт 150% к капиталу.

Карл Айкан – это легенда американского фондового рынка, его состояние оценивается сейчас в 24,5 млрд долларов. В начале карьеры у молодого Айкана было совсем немного денег, он работал рядовым брокером на бирже. Дальше он основал свою фирму и начал зарабатывать деньги на банкротствах других компаний – безжалостно выдавливая из них все соки ради своих прибылей. Вначале безжалостный мистер Айкан пожирал относительно небольшие организации, потом, по мере роста капитала, перешёл на крупные корпорации. Похоже, что теперь этот признанный специалист по банкротствам готовится сделать хорошие деньги на банкротстве Соединённых Штатах. Пессимизм Карла Айкана не стал особым сюрпризом для тех, кто следит за новостями – вот уже несколько месяцев мистер Айкан выдаёт всё более и более мрачные прогнозы по финансовому сектору США. Карл Айкан поставил несколько миллиардов долларов на обрушение американских бирж. Он не только полностью избавился от всех акций Apple, но и поставил огромные деньги на понижение – чистая короткая позиция его фонда достигла уже уверенных 149%. Проще говоря, мистер Айкан настолько уверен в том, что рынок пойдёт вниз, что он поставил на это не только свои деньги, но и кредитные. Когда мы говорим о самом «медвежьем» хедж-фонде в мире, мы всегда вспоминаем Horseman Global, который не только был прибыльным последние 4 года, но и сделал это, имея чистую короткую позицию. По состоянию на 31 марта размер чистой короткой позиции к капиталу составил рекордные 98%. Как оказалось, это не идет ни в какое сравнение с короткой позицией Карла Айкана.По информации, только-что опубликованной формы Q-10 инвестиционной фирмы Айкана, Icahn Enterprises LP, в которой 80-ти летнему инвестору принадлежит 90%-ная доля капитала, мы выяснили, что по состоянию на 31 марта, Карл Айкан, который ранее избавился от акций Apple, ставит по-настоящему серьезные деньги на шорт. Еще в декабре 2015 года чистая короткая позиция компании Айкана составляла 25 % от суммы капитала, но с тех пор эта цифра стремительно взлетела до беспрецедентных для Айкана 149%. Такой результат стал возможен благодаря сложению длинной позиции, которая составляет 164% от капитала компании (156% — лонг акций, 8%-лонг долговых инструментов), и стремительно выросшей короткой позиции, которая в марте 2015 года составляла 150% к капиталу, а годом позднее – невероятные 313% (277%-шорт акций, 36%-шорт долговых инструментов). Чтобы понять суть этих цифр, скажем, что не только компания Icahn Enterprises никогда ранее не имела таких коротких позиций, но и то, что, жалуясь на перспективы рынка акций год назад, Карл Айкан имел чистую длинную позицию в 4%. Те времена прошли, и, начиная 3-4 квартала, Айкан начал увеличивать чистую короткую позицию, которая на тот момент составляла примерно 25% от капитала компании. С тех пор эта цифра увеличилась в 6 раз на конец прошлого квартала!Примечателен размер плеча, которое использует Айкан. Но ничто не может сравниться с 3-х кратным левереджем в его короткой позиции по акциям (заметьте, это не CDS). В качестве напоминания: Icahn Enterprises представляет собою хедж-фонд, ранее привлекавший деньги сторонних инвесторов. В 2011 году Айкан вернул деньги всем инвесторам, оставив в капитале только свои средства и средства компании IEP. По информации Barron, капитал фонда составляет около $5.8 млрд., в котором доля Карла Айкана равна $4 млрд. Все это говорит о том, что личная ставка Айкана очень солидна в долларовом выражении.Когда 5 мая на конференции, посвященной финансовым результатам компании, управляющего Icahn Enterprises Кейта Козза (Keith Cozza) попросили прокомментировать излишний медвежий настрой Айкана, который он озвучивал по ТВ, тот сказал, что Айкан немножко преувеличивал. Оказалось, что нет.«Мы считаем, что рынок скорее двинется вниз на 20%, чем на 20% вверх. Наша короткая позиция- это отражение наших взглядов», добавил Козза.Айкан лично не присутствовал на той конференции, однако после того, как его ставка на обвал рынка стала известна публике, мы уверены, что остались считанные дни или даже часы, когда Bloomberg и CNBC начнут восстановительные работы, направленные на избежание паники. Иначе инвесторы-любители начнут задаваться вопросом, что же такого знают самые проницательные инвесторы в мире, о чем они даже не догадываются. www.zerohedge.com/news/2016-05-09/historic-150-net-short-position-carl-icahn-betting-imminent-market-collapse