Icahn sees opportunities but warns of more 'downdrafts' ahead -Bloomberg [Reuters]
CVR Energy Inc. (CVI)
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Source: Reuters
Icahn sees opportunities but warns of more 'downdrafts' ahead -Bloomberg BOSTON, April 24 (Reuters) - Billionaire investor Carl Icahn said he expects to see “good opportunities” to buy after the historic stock market sell-off but warned there will likely be more heavy selling because the coronavirus outbreak has yet to be contained. “There will be good opportunities,” Icahn said in an interview with Bloomberg Television on Friday, adding, however, “in the short term we could still see some big downdrafts.” Icahn was speaking at the tail end of a week in which oil prices fell so far that sellers had to pay buyers to take it off their hands, U.S. lawmakers approved a $484 billion bill to aid small businesses and hospitals, and unemployment claims topped 26 million in the last five weeks. Oil prices are no longer in the minus zone. Even as some states are preparing to reopen some businesses that have been largely shuttered for weeks to prevent the virus’ spread, Icahn said he thinks the
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CVI
News
- CVR Energy Shares Gain as Carl Icahn Plans to Boost Stake [Yahoo! Finance]Yahoo! Finance
- Carl Icahn Bets Big On CVR While Slashing IEP Dividend In Half [Yahoo! Finance]Yahoo! Finance
- Icahn Enterprises Hits Rough Patch With Q3 Earnings Miss, Dividend Cut; Eyes Larger Stake In CVR Energy [Yahoo! Finance]Yahoo! Finance
- Thermon Group Sees Revenue Decline but New Orders Rise [Yahoo! Finance]Yahoo! Finance
- Halliburton Q3 2024 Financial Results Amid Challenges [Yahoo! Finance]Yahoo! Finance
CVI
Earnings
- 10/28/24 - Miss
CVI
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- CVI's page on the SEC website