Billionaire activities investor Carl Icahn likes to buys stocks that are out of favor. He likes it even more if the whole industry is out of favor. The recent shakeup in fiancial sector certainly gives him opportunities. These are his buys and sells during the fourth quarter.
Carl Icahn buys J.C. Penney Company Inc., Time Warner Cable Inc., Forestar Re Group, GUARANTY FIN GROUP, Perry Ellis International Inc., AMICUS THERAPEUTICS, INC., sells Acorda Therapeutics Inc., Genzyme Corp., Harrah's Entertainment Inc., MGI PHARMA Inc., MeadWestvaco Corp., Children's Place Retail Stores Inc., Rowan Companies Inc. during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 31 stocks with a total value of $4.8 billion. These are the details of the buys and sells. Continue Reading »