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Federal-Mogul Corp.

  • Riding on Mr. Icahn's Coattails

    By Robert Hanley - April 1, 2013 | Tickers: ARII, CVI, FDML

    Like him or hate him, Carl Icahn has built a multi-billion dollar fortune based on an ability to discern value and an unwavering dedication to realizing the desired results for himself and his partners. While his earlier methods were somewhat dubious, Mr. Icahn’s recent activities are indicative of a long-term strategy. Indeed, he returned outside partners' money and folded his funds into publicly-traded Icahn Enterprises back in 2011. So more »

  • Carl Icahn's Top Positions (Part II)

    By Anh HOANG - January 16, 2013 | Tickers: CHK, XOM, FDML

    In a previous article I wrote about two big positions taken by billionaire Carl Icahn, including CVR Energy, a petroleum refiner, and Forest Laboratories, a branded form of ethical drug products maker.  Combined, those two positions accounted for 33.2% of his portfolio. In addition, he also invested significantly in an oil/gas E&P business and a Powertrain and safety technology supplier. They are Chesapeake Energy (NYSE: CHK) and more »

  • Billionaire Icahn’s Latest Stock Plays

    By Meena Krishnamsetty - November 19, 2012 | Tickers: CVI, FDML, FRX, NAV, NFLX

    Carl Icahn, the infamous corporate raider, made a splash toward the end of the third quarter by deciding to take on Netflix (NASDAQ: NFLX). Other than Netflix, Icahn flew under the radar with a few modest increases in other stocks he owned at the end of 2Q.  Icahn's big move was a 7.5% stake in the natural gas company Chesapeake Energy. Chesapeake is down almost 8% since the more »

  • This Niche Supplier May Provide Superior Returns

    By William Bias - September 20, 2012 | Tickers: DORM, FDML, GPC

    Recent years have been tough with unemployment rising to double digits in the latter part of 2009 (see chart below). Unemployment has declined slowly but steadily to the current rate of 8.1% but is still above the pre-recession norm of 5-6%. Businesses and consumers alike suffer during times of high unemployment. I am always on the lookout for companies that can be profitable during good times and bad. Dorman Products, Inc. (NASDAQ: DORM), a supplier of automotive replacement parts for the automotive aftermarket, is the company that benefits from frugal times.

  • Billionaire Carl Icahn's Federal-Mogul Play

    By Meena Krishnamsetty - September 5, 2012 | Tickers: BWA, FDML, F, GM

    Federal-Mogul Corporation (NASDAQ: FDML) supplies a variety of safety and powertrain equipment to original equipment manufacturers (OEMs) in the auto industry, who then use them in their automobiles. According to a form 4 SEC filing, on August 30, Icahn Capital LP, managed by billionaire Carl Icahn, acquired about 239,000 shares of the auto parts manufacturer. This ups its total holdings to a shade under 76.7 million shares, or more »

  • Carl Icahn's Next Turnarounds

    By Mike Thiessen - July 10, 2012 | Tickers: FDML, FRX, GOOG, IEP

    During the first quarter of this year, Carl Icahn and Icahn Associates held over 17 positions in the stock market, valued at almost $10 billion… not a bad little nest egg. But some of his biggest holdings aren’t making the returns Icahn might hope for.

    Of course Icahn’s biggest holding, with a huge 41% of his total portfolio invested, is in Icahn Enterprises, L.P. (NASDAQ: IEP).  It more »

  • Billionaire Carl Icahn’s Top Stock Picks

    By Meena Krishnamsetty - February 24, 2012 | Tickers: EP.DL, FDML, IEP, MMI

    Carl Icahn is a legendary corporate raider. He started his career on Wall Street in 1961. Seven years later, he formed Icahn & Co, a securities firm focusing on risk arbitrage and options trading. In 2007, he founded Icahn Capital LP, an investment arm of Icahn Enterprises LP (NASDAQ: IEP). Icahn announced in March 2011 that he would be returning outside investors’ money, which was worth about $1.76 billion, saying more »