How Bill Ackman Won January
For many money managers, 2014 got off to a difficult start. With emerging markets getting slammed and general turbulence in global financial markets, like the strengthening yen in Japan, January...
View ArticleFTC Launches Herbalife Inquiry, Shares Fall
For more than a year, hedge fund billionaire William Ackman has been calling on the federal government to shut down Herbalife because it is a pyramid scheme. He has called press conferences. He has...
View ArticleBill Ackman's Herbalife Short Bet Gets 30 Percent Better
Shares of Herbalife have tumbled in 2014 in the face of billionaire Bill Ackman's short campaign.
View ArticleBill Ackman Outs Valeant CEO Mike Pearson As A Billionaire
It takes one to know one. Billionaire hedge fund manager William Ackman reveals that Valeant CEO Michael Pearson is a billionaire.
View ArticleCan Valeant Work Its Magic On Allergan, Or Is Pearson Biting Off More Than He...
The pharma roll-up has found great success buying businesses and slashing costs, but the size of its latest target raises concerns CEO MIchael Pearson may be biting off more than he can chew.
View ArticleIt's Perfectly Fine For Herbalife Short-Sellers To Lobby The Government
Ackman and his hedge fund have wagered $1 billion dollars that Herbalife will be revealed as a giant Ponzi scheme. On the heels of this investment, Mr. Ackman has advocated in Washington for more...
View ArticleAllergan Hits Back After Ackman Rips Chairman Pyott Over Conflicts Of Interest
In push for sale to Valeant, billionaire Bill Ackman presses his case at Allergan.
View ArticleThe War Of Attrition Over Herbalife
As the Herbalife saga heads into month 18, there is no sign the battle is receding. But what started with shock and awe has turned into a low-intensity test of endurance that is likely to last into 2015.
View ArticleAllergan Emphatically Turns Down Bill Ackman's New Valeant Deal
In a statement, Allergan said that Valeant's proposed offered "substantially undervalues Allergan" and "creates significant risks and uncertainties for Allergan shareholders."
View ArticleBill Ackman's Big Herbalife Reveal Bombs With Investors
In a sometimes emotional presentation, Bill Ackman blasted Herbalife's nutritional clubs and the company's supporters, ranging from former Secretary of State Madeleine Albright to soccer star Lionel...
View ArticleShares Of Herbalife Fall After Rare Earnings Miss
Last week, hedge fund billionaire William Ackman did not meet the high expectations he set for investors. This week, it’s Herbalife’s turn to disappoint. For 21 straight quarters, Herbalife had beaten...
View ArticleHedge Fund Billionaire Bill Ackman Bashes Lawyers
Bill Ackman claims lawyers are the only people who seem to consistently oppose his style of activist investing.
View ArticleBill Ackman Sues America
In the last year or so, hedge fund billionaire William Ackman has tried to destroy a company that sells diet shakes, played a prominent role in nearly driving a 112-year-old retailer into the ground,...
View ArticleAmerica's Richest Hedge Fund Billionaires
Two of the most prominent and closely watched hedge fund managers are now among the richest 400 Americans. Larry Robbins and William Ackman have been billionaires for a while and important players in...
View ArticlePoison Pens: 7 Of The Best Barbs From Activist Investors
With its Olive Garden attack Starboard is certainly not the first (or last) activist investor to add a healthy dash of spice to its argument against a target company.
View ArticleTwo Charged With Insider Trading Ahead of Ackman's Herbalife Presentation
The Securities and Exchange Commission announced the filing of insider trading charges against two men accused of reaping tens of thousands of dollars in illicit profits based on advance knowledge of...
View ArticleSEC Charges Former Pershing Square Analyst's Roommate With Herbalife Insider...
In December 2012, billionaire hedge fund manager William Ackman launched a presentation from a New York City stage that alleged that Herbalife was a pyramid scheme. For nearly two years since, the Wall...
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