Thursday, November 5, 2009

Carl Icahn continues to mint money


Icahn Enterprises 3rd-quarter profit quintuples

NEW YORK — Billionaire Carl Icahn's investing vehicle Icahn Enterprises LP on Thursday said its third-quarter profit nearly quintupled as revenue shot higher and expenses declined.

The company reported profit for the three months ended Sept. 30 of $110 million, or $1.39 per unit, up from $23 million, or 32 cents per unit, in the year-ago period.

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