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Insiders Snapping Up Take-Two Interactive, Icahn Enterprises and More

Take Two Interactive (TTWO) logoIf you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.

Take-Two Interactive Software Inc (TTWO) topped the insider-buying charts for the week ending July 9 as insiders snapped up 427,900 shares of company stock at a market value of $4,093,939. During the past six months, insiders have increased their overall holdings in the company by 64.15% and now own 2.74% of TTWO stock.

Continue reading Insiders Snapping Up Take-Two Interactive, Icahn Enterprises and More

Closing Bell: Dusting off the Europe-Effect (AIG, BP, IEP, JSDA, PT, PANL)

This was one of those days that left many confused, even if the real red or black status of the day was not clear until toward the end of the day. Construction spending rose in the U.S. and the poor Chicago purchasing managers data from last week did not translate to a drop in manufacturing via this morning's ISM manufacturing data. A recovery in European shares also helped the fold here.

Here were today's unofficial closing bell levels:

Dow 10,024.02 -112.61 (-1.11%)
S&P 500 1,070.71 -18.70 (-1.72%)
Nasdaq 2,222.33 -34.71 (-1.54%)

Top Analyst Calls

Continue reading Closing Bell: Dusting off the Europe-Effect (AIG, BP, IEP, JSDA, PT, PANL)

Carl Icahn's wife at center of wrongful termination lawsuit

Carl Icahn has spent decades shaking up self-dealing, cronyism and nepotism at public companies all over America but, according to a new lawsuit, there were some problems at his own office too.

Sandra Silva, of Cliffside Park, N.J., and Valerie Romano of Ridgewood, Queens, former Icahn employees in their mid-thirties, have sued, alleging that Icahn's wife, 59-year old Gail Golden and her friend systematically excluded them from activities -- and then fired them for no reason.

Continue reading Carl Icahn's wife at center of wrongful termination lawsuit

Would you trust BEA management or Carl Icahn with your money?

BEA Systems (NASDAQ: BEAS) finds itself defending its rejection of Oracle's (NASDAQ: ORCL) takeover offer of $17 per share as the stock plummets -- and with good reason. Take a look at the chart comparing the return BEA Systems has provided for its shareholders, and compare it with the return Carl Icahn's company, Icahn Enterprises (NYSE: IEP) has provided. Note: Icahn Enterprises recently changes its name and ticker from American Real Estate, ticker ACP to IEP. The ticker used in the chart is ACP.

Having looked at the chart, ask yourself: Who was better poised to make a decision about shareholder value? The company's outside shareholders including Mr. Icahn, or an entrenched management team that has simply failed to generate value?

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 05:37 AM

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