UPDATE 1-Carl Icahn on CNBC says a lot of companies are 'way overvalued'
October 17, 2016 at 13:57 PM EDT
NEW YORK, Oct 17 (Reuters) - Billionaire investor Carl Icahn warned on Monday that many S&P 500 companies are "way overvalued," considering soft-to-weakening economic growth in the United States as well as in emerging markets.