Top Headlines: Stocks Drop on European Elections

By MyPlanIQ:We continue to look for stock ideas and stand on the shoulders of giants. Lisa Springer from Street Authority picks up four stock in which Carl Icahn has interest and poses the question as to whether we should follow suit. Carl Icahn is a household name with a net worth estimated to exceed $13 billion. If Icahn is interested in a company, it might be worth investigating further.The four of interest are:

By Daniel Shvartsman:Activist investor Carl Icahn is on the verge of completing a hostile takeover of CVR Energy (CVI). Icahn has been quite vocal about his plans for the oil refinery company: having bought 80% of outstanding shares with a tender offer of about $30/share, Icahn plans to sell the company for $36 or $37 a share.

By Chris Damas: In keeping with SEC disclosure requirements of material information (SEC Reg FD), CVR Partners (UAN) on Monday made public estimates for the MLP's expected future cash distributions made by its parent company, CVR Energy (CVI). The 8-K filing can be found on EDGAR, the SEC document database, which has free access by the public. Go here.

By Todd Johnson:CVR Refining (CVRR) offers income investors a 16.2% annual yield. This is based on today's price of $29 per unit. The first-year distribution is expected to be $4.7215 per unit. CVR Energy (CVI) owned 100% of the partnership.

By James Shell: We said that we would check back on CVR Partners (UAN) when I wrote this article in May. I had to love the story at the time, and right now, it is looking even better. I went long at 21.50 shortly after writing that article, and as of this morning the price is around $25, which gives us a reason to smile.