According to a regulatory filing, activist investor Carl Icahn raised his ownership stake in oil and natural gas producer Chesapeake Energy Corp. (CHK) to 9.98%.
In a filing with the Securities and Exchange Commission or SEC, Carl Icahn said he owned nearly 66.45 million shares of Chesapeake. Earlier, Icahn's owned stake was below 9% as of June 30.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.