Pershing Square Capital Management articles over last 30 days

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2013/05/24 08:39
2013/05/24 08:39
1m
P&G brings back former CEO to fix company Lafley speaks during the World Business Forum in New York October 6, 2010. — Reuters picNEW YORK, May 24 — Procter & Gamble Co yesterday brought back AG...
2013/05/24 08:39
2013/05/24 08:39
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2013/05/24 08:39
2013/05/24 08:39
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2013/05/21 20:44
2013/05/21 20:44
2d
For five months, billionaire hedge fund investor William Ackman has been conducting a high-profile short promotion against Herbalife, calling the nutritional supplements seller a pyramid scheme and...
2013/05/21 03:06
2013/05/21 03:06
3d
The nutrition company’s shares advanced 11 percent to $49.21 at the close in New York for the biggest increase since Jan. 3. The Cayman Islands-based company has risen 49 percent this year, compared...
2013/05/18 07:53
2013/05/18 07:53
6d
NEW YORK – Ron Johnson’s job at J.C. Penney Co. ended after his attempt to overhaul the retailer wiped out a quarter of its sales and about half of its market value. The board members who hired him...
2013/05/17 18:16
2013/05/17 18:16
6d
Hedge-fund manager Bill Ackman is among a group of investors who agreed to pay more than $90 million for a duplex penthouse at Manhattan’s One57 condominium tower, a person with knowledge of the deal...
Read more at BusinessWeek, Bloomberg
2013/05/15 17:12
2013/05/15 17:12
8d
Nine hundred guests dined last night at at Pier 57, a former bus depot festooned with photographs of the High Line hanging from clotheslines. Tables were covered with postcard-sized snaps: a child...
2013/05/15 06:16
2013/05/15 06:16
9d
Bill Ackman doesn’t have JCPenney’s board to boss around anymore. The New York hedge-fund tycoon — whose disastrous 2011 hire of Ron Johnson as Penney’s CEO has left the retailer in tatters — has...
2013/05/15 00:16
2013/05/15 00:16
9d
Billionaire Daniel Loeb’s bid to break up Sony Corp. (6758) will need to overcome a history of failed efforts by activist investors in Japan. Loeb’s Third Point hedge fund yesterday asked Sony, which...
2013/05/13 16:06
2013/05/13 16:06
10d
Mariusz Adamski and Bill Ackman on the courts at Stadium Tennis Center in the Bronx, in a tournament for R Baby Foundation. Born at 12:30 a.m. on May 11 1966, the hedge-fund manager had already...
2013/05/11 09:53
2013/05/11 09:53
12d
The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at a...
2013/05/10 18:06
2013/05/10 18:06
13d
Herbalife added the disclosure before filing its April 2 proxy statement, saying Director John Tartol was paid about $3 million in 2012 for mostly royalties and bonuses related to his work as an...
2013/05/09 20:06
2013/05/09 20:06
14d
Yesterday, big-name investors, their fans and journalists (the latter two categories are not mutually exclusive) gathered at the Ira Sohn Conference in New York to hear some of the best ideas of the...
2013/05/07 18:39
2013/05/07 18:39
16d
NEW YORK — Asset manager Blackstone Group LP plans to sell a minority stake in mall operator General Growth Properties Inc. — whose Louisiana properties include the Mall of Louisiana in Baton Rouge,...
2013/05/05 05:01
2013/05/05 05:01
19d
Don�t expect hedge fund manager Bill Ackman to make any big, bold moves to sway the direction of Procter & Gamble in the coming months. Ackman burst on the scene last summer, purchasing a nearly $2...
2013/05/01 21:39
2013/05/01 21:39
22d
TORONTO – Tim Hortons Inc. shares traded higher Wednesday after a report that U.S. investment firm Highfields Capital is pushing for changes at the chain, including a big buyback of stock and a...
2013/05/01 18:19
2013/05/01 18:19
22d
TORONTO - Tim Hortons Inc. (TSX:THI) shares traded higher Wednesday after a report that U.S. investment firm Highfields Capital is pushing for changes at the chain, including a big buyback of stock...
2013/04/29 21:16
2013/04/29 21:16
24d
Herbalife Ltd. (HLF), the nutrition company at the center of a battle between hedge-fund managers Bill Ackman and Carl Icahn, posted first-quarter profit that topped analysts’ estimates as sales rose...
Read more at BusinessWeek, Bloomberg
2013/04/29 15:57
2013/04/29 15:57
24d
NEW YORK, NY--(Marketwired - Apr 29, 2013) - The Sohn Conference Foundation will hold its 18th Annual Sohn Investment Conference on May 8, 2013 from 12:00pm - 6:00pm at Avery Fisher Hall, Lincoln...
2013/04/29 04:16
2013/04/29 04:16
25d
The smart money is shopping for bargains again at JCPenney. At least two major hedge funds have amassed significant stakes in the troubled retailer, The Post has learned — even as billionaire George...
2013/04/26 13:42
2013/04/26 13:42
27d
J.C. Penney (Photo credit: Sam Howzit) Two of America’s oldest, most iconic retailers have devolved to become a duo of lumbering giants. That’s the tale told in a new report on J.C. Penney and Sears...