Market Overview

Ackman Vs. Icahn

U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue.

The Nasdaq index continues to under-perform and notched its worst one day performance since 2011.

After several weeks of back and forth jabs, eBay (NASDAQ: EBAY) and activist investor Carl Icahn have agreed to end their battle and reach a compromise.

Icahn has agreed to end his proxy fight that could have turned eBay's upcoming shareholder meeting into a referendum on the Icahn's wishes for eBay to spin off PayPal.

Carl Icahn told CNBC on Thursday he believes “there will be a major correction,” but doesn't know when it will happen, “it could three years or it could be three days.”

When people in the barbershop are talking about what stocks they are buying, “that is the time to be cautious,” said Icahn.

Icahn credited the Fed for doing a “gre

As previously noted, there are a growing number of very smart investors and strategists who have made negative comments about the stock market in recent months.

You would think Wednesday’s Google (NYSE: GOOG) stock split would have activist investor Carl Icahn making a lot of noise and maybe it will. After all, the split works to preserve the company's leaders control of the company for years to come.

U.S. stocks declined for the second straight session on little market-moving news.

The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others.

According to Bloomberg over the weekend, activist investor Bill Ackman’s Herbalife (NYSE: HLF) position is nearing break even—good news for his fund, Pershing Square Capital, that had lost a

Here's a look at the top tickers trending on

Apple: TV-streaming service in the works

The Wall Street Journal is reporting that Apple and Comcast (NASDAQ: CMCSA) are discussing a service that would allow users to watch live TV in addition to receive on-demand TV programming.

Herbalife (NYSE: HLF) on Monday announced a reinstatement of its agreement with Carl Icahn and related entities, which own approximately 16.8 percent or 17 million shares of the company's common stock.

The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015.

Hertz (NYSE: HTZ) shares are getting a boost this morning after the Financial Times reported on Friday that the company was close to a $4.5 billion spinoff of its equipment rentals division.

Depending on who you are and what you love, this may not have seemed like an overly eventful week.

After all -- if you don't love Twitter (NYSE: TWTR), you may not have cared that it went down.

Shares of Herbalife (NYSE: HLF) have been quite volatile this week amidst the Bill Ackman attack, the Civil Investigative Demand from the Federal Trade Commission (FTC), and the company's decision to move the Shareholders meeting.

Bill Ackman, the founder and CEO of Pershing Square Capital Management LP, held a presentation on Tuesday focusing

U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine.

China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent.

On Thursday, eBay Inc.'s (NASDAQ: EBAY) Chief Executive Officer, President and Director John Donahoe issued a letter and movie to employees applauding workers on their continued dedication despite media attention surrounding Carl Icahn's accusations.

Donahoe's Letter

Hello everyone,

When so many others would have cut their losses and ran, Bill Ackman is not only continuing to hold his short position in Herbalife (NYSE: HLF), he continues to dig for new headlines to keep the story fresh in the minds of investors, regulators and the media.

Here's a look at the top tickers trending on

La Jolla Pharmaceutical: Successful Phase 2 trial results

Last night, La Jolla Pharmaceutical (NASDAQ: LJPC) reported that its Phase 2 trial of its GCS-100 chronic kidney disease drug “"met its primary efficacy endpoint of a statistically significant improvement in kidne

U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly.

Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month.

Activist investor Carl Icahn had hoped to bring change to eBay (NASDAQ: EBAY) when he nominated two of his own employees to the Board.

eBay rejected that nomination and released a statement from independent director and Corporate Governance

Activist Investor Carl Icahn rattled the cage again last week at eBay (NASDAQ: EBAY), one of his top stock picks at the moment, along with Apple (NASDAQ: AAPL), Herbalife (NYSE: HLF) and Netflix

U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off.

The Beige Book, released at 2:00 pm, confirmed what most already knew: harsh winter conditions impacted the economy.

Apple (NASDAQ: AAPL) has been a controversial stock to market participants after severely underperforming the broader market in 2013.

Even as investors like Carl Icahn pile into the issue, sustained momentum has been rare for the company's shares.

Here's a look at the top tickers trending on

Canadian Solar: Rising demand from China not enough to help earnings

This morning, Canadian Solar (NASDAQ: CSIQ) reported its fourth quarter results. The company announced an EPS $0.39 which may not be comparable to the consensus estimate of $0.52.

In January, activist investor Carl Icahn called for eBay (NASDAQ: EBAY) to spinoff PayPal. Since then, he has repeated his stance several times.

U.S. stocks were mixed despite the S&P 500 hitting new all time highs of 1,867.92. Rumors surrounding Russian military involvement in Ukraine naturally presented investor concerns and fear in the market.

U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic statistics.

Within the past couple of weeks a fierce battle has erupted between Carl Icahn, the legendary investor known for his sharp and witty moves, and eBay (NASDAQ: EBAY). Icahn wants eBay's management restructured; eBay would like to be left alone.

U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory.

Investors found housing data to be encouraging news as the three major indices finished the day in positive territory with small gains.

U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses.

Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities.

Team Icahn

Team Ackman