Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Motorola Mobility Holdings Inc (NYSE:MMI), Dell Inc. (NASDAQ:DELL)
Billionaire financier Carl Icahn‘s use of Twitter to disclose his position in Apple Inc. (NASDAQ:AAPL) is going to be used as a blueprint by companies, investors and Wall Street firms for the rest of this decade, if not longer. Here’s why: Apart from the fact that it boosted Apple Inc. (NASDAQ:AAPL)’s market value by about $20 billion – making it one of the most-profitable tweets yet — the Icahn approach to Twitter towed the line on U.S. securities laws. He first filed a document with the Securities and Exchange Commission Monday via his investment vehicle, Icahn Enterprises L.P., which is listed on the Nasdaq under the ticker “IEP.”
Welcome to the golden age of activist investors (CNBC)
Carl Icahn moves stocks with tweets now. Yesterday Icahn tweeted that he had taken a position in Apple Inc. (NASDAQ:AAPL). The stock immediately was bid upward. This much is clear: we’re living in the golden age of activist investors. Almost every day there’s a new story that runs like this: hedge fund manager “X” has purchased a stake in an iconic American company that he thinks will be worth more—if only the company will follow his plan. It’s now a familiar part of the Wall Street landscape.
Brett Icahn Deserves Part Of The Spotlight For His Father’s Recent Success (Forbes)
Since Google Inc (NASDAQ:GOOG) bought Motorola Mobility Holdings Inc (NYSE:MMI) NaN% for $12.5 billion two years ago, Carl Icahn has been on one of the biggest rolls in hedge fund history. That timing also loosely coincides with when he announced that he would return all outside capital to investors and essentially become a large – very active – family office. …There were many people yesterday, in the aftermath of his tweet — and can we agree it was the most important tweet ever sent in the history of Wall Street? — stating that he was long Apple Inc. (NASDAQ:AAPL), complaining that something must be wrong for one man to have so much power that a single tweet can create $20 billion in market valuation from thin air.
Apple & Qualcomm look strong: Pro (CNBC)
Why Michael Dell’s Fight Makes Sense (HuffingtonPost)
With the shareholder vote on Michael S. Dell’s proposed takeover of Dell Inc. (NASDAQ:DELL) about a month away, it’s not surprising that he and private equity firm Silver Lake are battling to fight off opponents of the deal, namely activist investor Carl Icahn. Wall Street analysts and money managers and pundits may say it’s all about which is the best deal, and perhaps it is. But undoubtedly, a major reason for the go-private effort is very understandable to others who have built companies from scratch, according to Brian Hamilton, chairman of Sageworks, a financial information company.
iCahn Is Bullish On The iCahn-omy (Benzinga)
Carl Icahn disclosed on Twitter Tuesday that he had taken a large stake in Apple Inc. (NASDAQ:AAPL).However, he already may have hinted that he is bullish on the smartphone maker’s business months ago with a different investment. …Icahn is bullish both of the stocks though and shows that he is not only bullish on Apple Inc. (NASDAQ:AAPL) products, but bullish on the industry as a whole. Also, he is looking for higher capital returns for Apple Inc. (NASDAQ:AAPL) shareholders, a move which, in tandem with a product refresh cycle coming shortly, could lead to gains for shareholders.
