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Business
J.C. Penney may go the way of Woolworth’s and other retail dinosaurs. It lost its once loyal customers in a bid to fix what...
Business
The twice-monthly short interest data is out, and once again the numbers show the perils of betting against companies that land in activists’ crosshairs....
Business
Bill Ackman has cleaned up this year to the tune of $1 billion. He has also profited from Actavis’ announced merger with Botox maker...
Business
The volatile shares of Fannie Mae and Freddie Mac may face another legal shock, the Wall Street Journal said. In September, a federal court...
The A-List
Pershing Square Capital Management CEO Bill Ackman appeared on Bloomberg Television on December 17 to discuss a new Herbalife video he’s obtained to back...
Money
Bill Ackman of Pershing Square is just wild about Fannie, and is buying shares of Fannie Mae and Freddie Mac even as other investors...
Business
After an intense and acrimonious months long battle for a hostile takeover of Allergan, Bill Ackman, who owns a 9.7% stake in the company,...
Money
Sometimes a company’s shares increase just because an important person has invested in it. This just happened to Zoetis, an animal health company, whose...
Money
On CNBC’s Mad Dash segment, Jim Cramer described the power of one hedge fund manager to destroy a company. While Herbalife isn’t dead yet,...
Business
Herbalife settled a lawsuit with a former California distributor who claimed that the company was a pyramid scheme that did not let him...