In a dramatic turn of events, Icahn Enterprises L.P. (NASDAQ: IEP) has once again slashed its quarterly dividend by 50%, sending shockwaves through the investment community and causing a significant drop in its stock price. This marks the second dividend reduction within a year, raising serious concerns about the company’s financial health and future prospects. […]
Icahn Enterprises’ subsidiary Icahn Automotive which owns and operates Pep Boys, a US automotive aftermarket chain, has acquired Tecnicentros Mundial, a six-location automotive service chain based in Puerto Rico. The locations of Tecnicentros Mundial in Caguas, San Juan Centro, Campo Rico, Rio Piedras, Dorado, and Ponce will be converted to Pep Boys branded service centers. […]
