Pershing Square Capital Management

Pershing Square Capital Management's founder and CEO, Bill Ackman, was speaking at CNBC's 2015 Delivering Alpha conference on Wednesday, where he discussed his latest stock picks – Federal National Mortgage Assctn Fnni Me (OTC: FNMA) ("Fannie Mae") and Federal Home Loan Mortgage...

The fifth annual Delivering Alpha conference kicked off this morning in New York, and today’s conference lineup includes Pershing Square Capital Management’s Bill Ackman, Elliott Management’s Paul Singer, Trian Fund Management's Nelson Peltz and Icahn Enterprises LP (NASDAQ: IEP...

Bill Ackman's Pershing Square Capital Management, L.P is calling on Herbalife Ltd. (NYSE: HLF) to make good on its commitment to transparency. The New York Post published an article Thursday night revealing that it had obtained a copy of an incriminating video of Herbalife CEO Michael Johnson, who...

William A. Ackman, activist investor and CEO of Pershing Square Capital Management, released a letter earlier Friday advising the board of directors of Allergan on how best to maximize shareholder value and optimal strategies when considering the merger. Some Key Takeaways: 1. Now that the...

The stakeholders in the upcoming deal for Allergan (NYSE: AGN) see a perfect fit. “When you understand their operating philosophy and their approach to capital allocation discipline, cost discipline, the way they compensate their team, in fit into the Pershing mold of an investment, and that's...

On Wednesday, Pershing Square Capital Management revealed that Shane Dinneen has resigned from the company. Dinneen was the analyst responsible for conducting research on Herbalife (NYSE: HLF) prior to the investment firm initiating its massive short position in the company. In a letter to...

Activist investor Bill Ackman of Pershing Square Capital Management has had one heck of a week. First, he publicly fought a war of words with the board of J.C. Penney (NYSE: JCP) as he pushed to replace CEO Mike Ullman as well as bring in a new Chairman of the Board. He quickly lost that fight...

Shares of embattled retailer J.C. Penney (NYSE: JCP) rallied sharply late Wednesday and into early trade Thursday following a New York Post report (see tweet below) that August same store sales were tracking higher than forecast. They claim that J.C. Penney was benefiting nicely from back to school...

Shares of Herbalife (NYSE: HLF) traded with some strong volatility Tuesday, but rallied back to erase most losses Wednesday on a report from The New York Times, which highlighted that a whistle-blower has made new allegations against Herbalife based on safety issues the company faced in 2011....

Bill Ackman has left the board of directors of J.C. Penney (NYSE: JCP) in rather theatrical style. In a release issued early Tuesday morning, the board of directors announced the resignation of Ackman and the addition of Ronald Tysoe to the board. More Questions The move has created more questions...

The battle over Herbalife (NYSE: HLF) has raged for months now, with hedge fund titans battling it out over the future of this stock. Notably, Carl Icahn of Icahn Enterprises (NYSE: IEP) has bought over 16 percent of the stock while Bill Ackman of Pershing Square Capital has taken a large short...

Reports circulated Monday that activist investor Bill Ackman has filed a complaint to the Securities and Exchange Commission over comments made by George Soros which reflected his intent to acquire a stake in nutritional supplement company Herbalife (NYSE: HLF). Ackman alleges that Soros broke...