Ackman Ally Vornado Backs Away From J.C. Penney
Real estate investment firm said to cut
View ArticleStocks Seesaw As Dow Tries To Build On Record High
Apple off again, Nasdaq inks deal to take on private market for pre-IPO shares.
View ArticleIcahn Pads Herbalife Stake, Ups Pressure On Ackman Short
Billionaire becomes company's biggest shareholder with 16 million shares.
View ArticleAckman And Einhorn: The A-Rod And Jeter Of Hedge Fund Heavyweights
Star hedge fund managers and baseball greats both went from friendly to frosty.
View ArticleRon Johnson Out At J.C. Penney, Replaced By Former Chief Mike Ullman
After failed turnaround try, executive gets the ax.
View ArticleRon 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....
View ArticleWith 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...
View ArticleKPMG Quits As Herbalife Auditor After Partner Allegedly Leaked Inside Info
Nutritional supplement company splits with auditor, says no issue with financials.
View ArticleHerbalife Posts Record Results, Raises Guidance
Company beats estimate for 17th-straight quarter, but stock will remain a battleground.
View ArticleDan Loeb Takes On Sony: Does A Split Make Sense?
Billionaire sees unlocked value in electronics, says entertainment carveout could be the key.
View ArticleCarl Icahn And Herbalife Are Crushing Bill Ackman
Herbalife's stock has crossed the $50 mark.
View ArticleLafley 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...
View ArticleThe 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.
View ArticleCarl Icahn Knows How To Drive Billionaire Rivals Crazy
Carl Icahn keeps putting pressure on Bill Ackman and Michael Dell.
View ArticleFedEx 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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