American International Group Inc (NYSE: AIG) shares are up slightly in Thursday's after hours session despite a down day amid new commentary from Carl Icahn.

Shares of American International Group Inc (NYSE: AIG) were trading lower by more than 1.5 percent ahead of Tuesday's market open as activist investor Carl Icahn prepares to wage an activist battle against the company's management.

Xerox Corp (NYSE: XRX) shares rose 4.6 percent Friday after the company announced it would be splitting into two publicly-traded companies.

Xerox CEO Ursula Burns said the move to split the company into a business process outsourcing operation and a document technology company is the best path forward for Xerox.

Xerox Corp (NYSE: XRX) announced on Friday it will split itself into two public companies following the completion of a strategic review.

Xerox Corp (NYSE: XRX) announced in after-market action on Thursday that it would split into two companies. Activist investor Carl Icahn will receive three seats on one of the company's boards.

Bill Ackman and his Pershing Square hedge fund were both large winners throughout 2014. The same can't be said for 2015.

Carl Icahn stated in his latest letter to American International Group Inc (NYSE: AIG)'s board, "my hope [is] that...the board will take matters into its own hands if management still resists drastic change." Analysts at Barclays view this as "Icahn taking every effort to pressure AIG's board to push CEO Peter Hancock to break up the

Activist investor Carl Icahn wrote an open letter to American International Group Inc (NYSE: AIG) in which he argued it is "abundantly clear" that there is "only one sensible path" for AIG to follow.

Federal-Mogul Holdings Corp (NASDAQ: FDML) on Friday announced it will no longer pursue a spin-off of its Motorparts division.

Shares of Time Warner Inc (NYSE: TWX) were trading higher by 1 percent on Monday after the New York Post reported that Carl Icahn is preparing to mount an activist battle against the company.

Shares of Pep Boys - Manny Moe & Jack (NYSE: PBY) were trading lower by nearly 3 percent early Wednesday morning at $18.45.

Shares of Pep Boys-Manny Moe and Jack (NYSE: PBY) were trading higher by more than 6 percent early Tuesday morning after Carl Icahn's Icahn Enterprises LP (NASDAQ: IEP) raised its bid to acquire the company to $18.50 per share.

Icahn Enterprises LP (NASDAQ: IEP)'s Carl Icahn said on Wednesday it is committed to paying around $1 billion to acquire Pep Boys-Manny Moe and Jack (NYSE: PBY) and will beat any new offer Bridgestone makes by $0.10 a share.

  • Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) have gained more than 45 percent over the past month, but are still lower by around 24 percent since the start of 2015.

Freeport-McMoRan Inc (NYSE: FCX) said Wednesday that it will suspend its dividend. Shares are up more than 10 percent after the news, rewarding bulls and major investor Carl Icahn.

  • In his most recent podcast, legendary hedge fund manager T. Boone Pickens met with famed investor Carl Icahn.
  • The experts went into several subjects, including energy security, the effect of Saudi oil exports on U.S. production, Icahn's views on the markets and more.
  • Shares of American International Group Inc (NYSE: AIG) have appreciated 14.48 percent year-to-date, trading close to their 52-week high on December 1.
  • Thomas Gallagher of Credit Suisse has maintained a Neutral rating on the company, with a price target of $65.

It seems legendary activist investor Carl Icahn may have laid eyes on his next target: Xerox Corp (NYSE: XRX).

  • With the third quarter 13F season over, it’s time to look at some statistics.
  • The most popular stocks among institutional investors have been measured by the number of firms that disclosed holding them as of September 30.
  • Last Sunday, Ben Bernanke, economist and former chairman of the U.S. Federal Reserve, was a guest on Wall Street Week.
  • The scholar went into several subjects, including his background, his ascent to politics, the Fed and low interest rates.
    • Carl Icahn on Monday disclosed his long equity stakes (and those of his several funds) as of September 30, 2015.
    • His equity portfolio continued to be focused on information technology and industrial stocks. However, its market value fell from $31.2 billion in the second quarter to $27.87 billion by the end of the third quarter of the year.
    • Bill Ackman, hedge fund manager of Pershing Square, lashed out at Warren Buffett and Charles Munger over their large stake in The Coca-Cola Co (NYSE: KO).
    • Ackman said Coca-Cola has "caused enormous damage to society."
    • Bill Ackman is not bailing on his Valeant Pharmaceuticals Intl Inc (NYSE: VRX) investment anytime soon.
    • In his quarterly call to investors, Ackman expressed his confidence in the long-term future of the company.
    • Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were trading higher by 2 percent early Friday morning.
    • The stock is still lower by more than 50 percent over the past month.
    • The New York Post reported that Bill Ackman hinted at a possible sale of the company.
    • Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) fell 6 percent on Wednesday and remain within striking distance of its 52-week low of $88.50.

    There has been a heated debate on Wall Street as to whether activist investors are beneficial to both shareholders and companies. Over the past few years, activist investing has taken off, with several big name players pushing for change at some of the world's largest companies.

    • Shares of American International Group Inc (NYSE: AIG) were trading slightly lower by 0.30 percent Friday morning.
    • The Wall Street Journal reported that the company's directors are discussing a potential spinoff or sale of certain divisions.