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  1. Home
  2. / Investing
  3. / Energy

Tweets on the Street: Carl Icahn Is Energized by New Cheniere CEO

Carl Icahn took to Twitter Thursday to appluad Cheniere Energy's choice of Jack Fusco as its new CEO. Cheniere's shares jumped on the news of the appointment.
By JAMES PASSERI May 12, 2016 | 04:51 PM EDT
Stocks quotes in this article: LNG

Billionaire activist Carl Icahn applauded Cheniere Energy's (LNG) appointment of Jack Fusco, as the Houston-based natural gas exporter's new CEO via Twitter Thursday.

Happy Cheniere ( $LNG) appointed Jack Fusco as CEO. I think it's a great step in the right direction. https://t.co/uVu0pBHmdw

¿ Carl Icahn (@Carl_C_Icahn) May 12, 2016

Shares of Cheniere jumped more than 6% on the day, off the news, cushioning its decline on the year to just 6.5%. Fusco is set to replace Neal Shear at the helm.

"Jack has spent over 30 years in the energy industry and has significant experience leading companies with large-scale, asset-intensive portfolios and implementing corporate strategies focused on capital allocation, strategic developments and optimizing shareholder value," Cheniere's chairman, Andrea Botta, said in a statement. "This experience will translate well as we make our transition into one of the top global liquid-natural-gas companies with a platform substantially underpinned with long-term sale and purchase agreements."

Meanwhile, OppenheimerFunds outlined the six questions that retail investors would be wise to ask their advisers. Topping the charts is confirming that advisers are confirmed fiduciaries by federal law.

Seeking more transparency? Six questions to ask your financial #advisor: https://t.co/14XFXsZAOh via @Investopedia #finserv

¿ OppenheimerFunds (@OppFunds) May 12, 2016

Goldman Sachs (GS) also took to Twitter Thursday to highlight a mounting trend among millennials, which is spurring a so-called "craft revolution."

#Millennials looking for authenticity are spurring a craft revolution. $GS Research explains https://t.co/XY52O9SG4S pic.twitter.com/lCCqI8LUSN

¿ Goldman Sachs (@GoldmanSachs) May 12, 2016
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TAGS: Investing | U.S. Equity | Energy

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