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Bill Ackman

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Ackman Ally Vornado Backs Away From J.C. Penney

Real estate investment firm said to cut

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Stocks Seesaw As Dow Tries To Build On Record High

Apple off again, Nasdaq inks deal to take on private market for pre-IPO shares.

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Carl Icahn

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Icahn Pads Herbalife Stake, Ups Pressure On Ackman Short

Billionaire becomes company's biggest shareholder with 16 million shares.

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Ackman And Einhorn: The A-Rod And Jeter Of Hedge Fund Heavyweights

Star hedge fund managers and baseball greats both went from friendly to frosty.

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Ron Johnson Out At J.C. Penney, Replaced By Former Chief Mike Ullman

After failed turnaround try, executive gets the ax.

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Ron Johnson Out At J.C. Penney, Ending Its Year Of Living Dangerously

Ex-J.C. Penney CEO Ron Johnson. Would his turnaround plan have worked if he'd had more time? Ron Johnson is out at J.C. Penney, replaced by the very guy he replaced: Mike Ullman. And so ends J.C....

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With J.C. Penney Fiasco, Bill Ackman's Year Looks Messy

The fiasco at J.C. Penney, will continue to put downward pressure on Ackman’s hedge fund returns, threatening to make 2013 the third straight year that Ackman has delivered to his investors returns...

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KPMG Quits As Herbalife Auditor After Partner Allegedly Leaked Inside Info

Nutritional supplement company splits with auditor, says no issue with financials.

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Herbalife Posts Record Results, Raises Guidance

Company beats estimate for 17th-straight quarter, but stock will remain a battleground.

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Daniel Loeb

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Dan Loeb Takes On Sony: Does A Split Make Sense?

Billionaire sees unlocked value in electronics, says entertainment carveout could be the key.

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Carl Icahn And Herbalife Are Crushing Bill Ackman

Herbalife's stock has crossed the $50 mark.

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Lafley At P&G, Ullman At Penney: When Does It Make Sense To Rehire The CEO?

Returning P&G CEO A.G. Lafley: Can he turn things around? It’s a rare move to bring back a CEO to run a struggling company. Procter & Gamble and J.C. Penney will offer new test cases of whether...

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World’s Richest Hedge Fund Managers & Traders

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The Japan Crash Blindsides Big Investors

Billionaire hedge fund investors have been betting big on Japan this year, but the Japanese stock market continued to plunge on Thursday, entering bear market territory.

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Carl Icahn Knows How To Drive Billionaire Rivals Crazy

Carl Icahn keeps putting pressure on Bill Ackman and Michael Dell.

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World’s Richest Hedge Fund Managers & Traders

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FedEx Flies Amid Ackman Speculation As Pershing Square Preps Next Big Bet

Package shipper jumps on rumors it could be target of planned co-investment vehicles.

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