Ackman tells investors that this year could be his firm’s worst ever
Billionaire hedge fund investor William (Bill) Ackman, whose funds Pershing Square Capital Management have suffered double-digit losses this year, on Tuesday told investors that 2015 could be his firm’s More...
Valeant, Ackman must face U.S. insider trading lawsuit
A U.S. judge said Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before More...
New Book Revealed: Why Mark Zuckerberg’s $100 million gift to Newark schools was announced on Oprah’s show
Facebook founder Mark Zuckerberg in 2010 made a $100 million matching gift to reform the long-troubled school system in Newark, New Jersey. Five years later, a former Washington Post reporter More...
Three Way Takeover Battle: Teva set to buy Allergan’s generics unit – WSJ
Teva likely mean the end of Teva’s pursuit of another Teva Pharmaceutical Industries Ltd. likely mean the end of pursuit of Mylan acquisition. The Israeli world’s biggest generic pharmaceutical maker More...
David Tepper Is The Highest Paid Hedge Fund Manager Two years In A Row
– Institutional Investors Alpha’s 13th annual ranking of the hedge fund industry’s best paid manager lists David Tepper at number one for the second straight year. – – David Tepper is once More...
FBI maybe investigating Herbalife for unethical marketing practices. Bill Ackman pleased
– Ackman’s shares in Herbalife plummeted by 14% in just two hours as the market closed for the weekend. – – William ‘Bill‘ Ackman, billionaire owner of Pershing Square Capital More...