Carl Icahn Buys Life Technologies Corp., Wendy's International Inc., Medarex Inc., Sells Advanced Micro Devices Inc., Citigroup Inc., J.C. Penney Company Inc.

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Feb 19, 2009
If Carl Icahn buys stocks in a company, he may do something to the companies' management and business operations. CEOs hate him, shareholders like him. These are what he bought and sold during the 4th quarter of 2008.


Carl Icahn buys Life Technologies Corp., Wendy's International Inc., Medarex Inc., sells Advanced Micro Devices Inc., Citigroup Inc., J.C. Penney Company Inc., Lear Corp., Quest Resource Corp., Telik Inc., Time Warner Cable Inc., Time Warner Inc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 24 stocks with a total value of $2.8 billion. These are the details of the buys and sells.


New Purchases: LIFE, MEDX, WEN,

Added Positions: AMLN, ENDP, EXEL, GFG, LGF, WMB, YHOO,

Reduced Positions: APC, FOLD, FOR, TIN,

Sold Out: AMD, C, JCP, LEA, QRCP, TELK, TWC, TWX,


For the details of Carl Icahn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn