Pershing Square Capital Management

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4h
Channel NewsAsia
Ackman's Pershing Square says ADP needs to streamline, modernizeresources outsourcing company cuts costs, streamlines its business and invests
Channel NewsAsia / Posted 4 hours ago
resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades. Ackman's hedge fund Pershing Square Capital Management owns 8.3 percent of the US$50 billion company and he is asking for board seats for himself... Read more
12 related articles
8h
Reuters
Pershing Square's Ackman says ADP needs to streamlinesaying the payroll processor needs to improve its profit margins and integrate
Reuters / Posted 8 hours ago
saying the payroll processor needs to improve its profit margins and integrate its business lines. Ackman's hedge fund Pershing Square Capital Management disclosed earlier this month an 8 percent holding in the $50 billion U.S. human resources... Read more
1d
Reuters
Ackman says owned stake in Hilton, a previously unnamed betthe hospitality company and made the investment last year as Hilton was trading
Reuters / Posted yesterday
the hospitality company and made the investment last year as Hilton was trading at a temporarily depressed valuation. Pershing Square Capital Management owned a roughly 5 percent stake but sold out within the last two months, Ackman said,... Read more
12 related articles
3d
Newsmax
Pershing Square Says ADP CEO Misled Board on Talks with Hedge FundActivist investor Pershing Square Capital Management LP said on Monday the chie
Newsmax / Posted 3 days ago
Activist investor Pershing Square Capital Management LP said on Monday the chief executive of Automatic Data Processing Inc had "unfairly characterized" their interactions in an effort to make the hedge fund's requests "appear unreasonable." ADP had... Read more
2 related articles
3d
Channel NewsAsia
Pershing Square says ADP CEO misled board on talks with hedge fundREUTERS: Activist investor Pershing Square Capital Management LP said on Monday
Channel NewsAsia / Posted 3 days ago
REUTERS: Activist investor Pershing Square Capital Management LP said on Monday the chief executive of Automatic Data Processing Inc had "unfairly characterized" their interactions in an effort to make the hedge fund's requests "appear... Read more
2 related articles
3d
Reuters
Pershing Square says ADP CEO misled board on talks with hedge fund(Reuters) - Activist investor Pershing Square Capital Management LP said on Mon
Reuters / Posted 3 days ago
(Reuters) - Activist investor Pershing Square Capital Management LP said on Monday the chief executive of Automatic Data Processing Inc (ADP.O) had "unfairly characterized" their interactions in an effort to make the hedge fund's requests "appear... Read more
2 related articles
7d
Market Watch
ADP CEO calls billionaire hedge fund manager Bill Ackman ‘a spoiled brat’over his request to extend the deadline for nominating directors. Last week, A
Market Watch / Posted 7 days ago
over his request to extend the deadline for nominating directors. Last week, ADP ADP, -0.69% disclosed that Ackman’s Pershing Square Capital Management bought an 8% stake in the company and is seeking multiple seats on the board. As part of... Read more
3 related articles
7d
Newsmax
Investor Ackman Doesn't Understand ADP, Company CEO Tells CNBCpulled no punches in an interview with CNBC, calling his interactions with Ackm
Newsmax / Posted 7 days ago
pulled no punches in an interview with CNBC, calling his interactions with Ackman "baffling and surreal." Ackman's Pershing Square Capital Management disclosed an 8 percent stake in the $50 billion U.S. human resources outsourcing company... Read more
3 related articles
9d
Crain's New York Business
Ackman fights for control of payroll-processing company ADPcontrol of the payroll-processing company ADP and the ouster of its chief execu
Crain's New York Business / Posted 9 days ago
control of the payroll-processing company ADP and the ouster of its chief executive officer. ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
9d
Zero Hedge
August 8aerospace suppliers are still wrangling over the price of a takeover that would
Zero Hedge / Posted 9 days ago
aerospace suppliers are still wrangling over the price of a takeover that would exceed $20 billion. on.wsj.com/2vgkytp - Pershing Square Capital Management LP (IPO-PERS.L) said it was nominating its founder William Ackman and two others to the... Read more
10d
Reuters
Ackman's Pershing Square to nominate three ADP board directors(Reuters) - Pershing Square Capital Management LP plans to nominate three direc
Reuters / Posted 10 days ago
(Reuters) - Pershing Square Capital Management LP plans to nominate three directors, including its CEO William Ackman, to sit on the board of human resources outsourcing company Automatic Data Processing Inc, a person familiar with the matter said on... Read more
12d
iol.co.za
Bill Ackman seeks control of ADPADP said on Friday that Ackman's Pershing Square Capital Management informed th
iol.co.za / Posted 12 days ago
ADP said on Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with four others, and it wants to push back the Aug. 10 deadline for nominating directors. It also... Read more
20 related articles
12d
The Star
Activist Ackman looks for board seats, better returns at payroll firm ADPcosts and improve its returns. Ackman's move on ADP, which has a market value
The Star / Posted 12 days ago
costs and improve its returns. Ackman's move on ADP, which has a market value of about $50 billion, comes as the leader of Pershing Square Capital Management looks for a big win following money-losing investments in debt-laden drugmaker Valeant... Read more
20 related articles
13d
San Antonio Express-News
Ackman on comeback trail takes aim at ADP, gets instant pushbackData Processing Inc., the outsourcer that handles paychecks for 26 million Amer
San Antonio Express-News / Posted 13 days ago
Data Processing Inc., the outsourcer that handles paychecks for 26 million Americans, is resisting Ackman’s Pershing Square Capital Management after saying the investor is seeking “effective” board control and lobbying to oust its... Read more
20 related articles
13d
Reuters
Ackman's Pershing Square says it plans to nominate directors at ADPBOSTON (Reuters) - Billionaire investor William Ackman on Friday said his Persh
Reuters / Posted 13 days ago
BOSTON (Reuters) - Billionaire investor William Ackman on Friday said his Pershing Square Capital Management hedge fund plans to nominate directors to, but not try to control, the 10-person board at payroll services company Automatic Data Processing... Read more
20 related articles
13d
Business Wire
Pershing Square Announces Investment in ADPNEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. (“Pershing
Business Wire / Posted 13 days ago
NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. (“Pershing Square”) announced today that it has acquired an 8% stake in ADP (Nasdaq: ADP), making it Pershing Square’s largest investment. Pershing Square intends to file a Schedule... Read more
13d
Crain's New York Business
Bill Ackman-Herbalife saga to hit theaters thanks to distribution dealhave to stop making misleading claims about how much money potential recruits a
Crain's New York Business / Posted 13 days ago
have to stop making misleading claims about how much money potential recruits are likely to earn. Ackman, founder of Pershing Square Capital Management, said these changes will cause its downfall. But Herbalife is confident it can comply by... Read more
13d
Crain's New York Business
Lavish office amenities are a must-have for Bill Ackmanhe recently purchased for $255.5 million in partnership with Georgetown Co. Mr
Crain's New York Business / Posted 13 days ago
he recently purchased for $255.5 million in partnership with Georgetown Co. Mr. Ackman, who hopes to relocate his firm Pershing Square Capital Management into the 464,000-square-foot property located at 787 Eleventh Ave., has grand plans for... Read more
13d
Crain's New York Business
Ackman fights for control of payroll processing company ADPcontrol of the payroll processing company ADP and the ouster of its chief execu
Crain's New York Business / Posted 13 days ago
control of the payroll processing company ADP and the ouster of its chief executive officer. ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
FOX Business
Ackman seeks control of ADP and ouster of CEOcontrol of the payroll processing company ADP and the ouster of its chief execu
FOX Business / Posted 13 days ago
control of the payroll processing company ADP and the ouster of its chief executive officer. ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
FOX Business
ADP says Ackman's Pershing Square seeking control of companyWilliam Ackman's Pershing Square Capital Management is seeking effective contro
FOX Business / Posted 13 days ago
William Ackman's Pershing Square Capital Management is seeking effective control of Automatic Data Processing Inc by nominating five directors to its board, the HR services provider said in a statement on Friday. The hedge fund, controlled by... Read more
20 related articles
13d
FOX Business
Ackman seeks control of ADP and ouster of CEOcompany ADP and the ouster of its chief executive officer. Continue Reading Be
FOX Business / Posted 13 days ago
company ADP and the ouster of its chief executive officer. Continue Reading Below ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
FOX Business
ADP says Ackman's Pershing Square seeking control of companyWilliam Ackman's Pershing Square Capital Management is seeking effective contro
FOX Business / Posted 13 days ago
William Ackman's Pershing Square Capital Management is seeking effective control of Automatic Data Processing Inc by nominating five directors to its board, the HR services provider said in a statement on Friday. Continue Reading Below The hedge... Read more
20 related articles
13d
Stamford Advocate
Ackman seeks control of ADP and ouster of CEOcontrol of the payroll processing company ADP and the ouster of its chief execu
Stamford Advocate / Posted 13 days ago
control of the payroll processing company ADP and the ouster of its chief executive officer. ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
Chattanooga Times Free Press
Ackman seeks control of ADP and ouster of CEOpayroll processing company ADP and the ouster of its chief executive officer. A
Chattanooga Times Free Press / Posted 13 days ago
payroll processing company ADP and the ouster of its chief executive officer. ADP said Friday, Aug. 4, 2017 that Ackman’s Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
Channel NewsAsia
ADP says Ackman's Pershing Square seeking control of companyREUTERS: William Ackman's Pershing Square Capital Management is seeking effecti
Channel NewsAsia / Posted 13 days ago
REUTERS: William Ackman's Pershing Square Capital Management is seeking effective control of Automatic Data Processing Inc by nominating five directors to its board, the HR services provider said in a statement on Friday. The hedge fund, controlled... Read more
20 related articles
13d
WFTV 9 Orlando
Ackman seeks control of ADP and ouster of CEOits chief executive officer. Carlos Rodriguez has served as ADP's CEO for near
WFTV 9 Orlando / Posted 13 days ago
its chief executive officer. Carlos Rodriguez has served as ADP's CEO for nearly six years. ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
Daily Herald
Ackman seeks control of ADP and ouster of CEOits chief executive officer. Carlos Rodriguez has served as ADP's CEO for near
Daily Herald / Posted 13 days ago
its chief executive officer. Carlos Rodriguez has served as ADP's CEO for nearly six years. ADP said Friday that Ackman's Pershing Square Capital Management informed the company that it wants Ackman nominated to the 10-member board, along with... Read more
20 related articles
13d
Newsmax
ADP: Ackman's Pershing Square Seeking Control of CompanyWilliam Ackman's Pershing Square Capital Management is seeking effective contro
Newsmax / Posted 13 days ago
William Ackman's Pershing Square Capital Management is seeking effective control of Automatic Data Processing Inc. by nominating five directors to its board, the HR services provider said in a statement on Friday. The hedge fund, controlled by... Read more
20 related articles
13d
Reuters
ADP says Ackman's Pershing Square seeking control of company(Reuters) - William Ackman's Pershing Square Capital Management is seeking effe
Reuters / Posted 13 days ago
(Reuters) - William Ackman's Pershing Square Capital Management is seeking effective control of Automatic Data Processing Inc (ADP.O) by nominating five directors to its board, the HR services provider said in a statement on Friday. The hedge fund,... Read more
20 related articles
13d
Business Insider
Hedge fund billionaire Bill Ackman wants to shake up the management of his latest targetBill Ackman, the CEO and portfolio manager at Pershing Square Capital Managemen
Business Insider / Posted 13 days ago
Bill Ackman, the CEO and portfolio manager at Pershing Square Capital Management, at the SALT conference in Las Vegas on May 18.Reuters / Richard Brian Hedge fund billionaire Bill Ackman is trying to shake up the management of his latest target,... Read more
13d
FOX Business
ADP's Stock Surges After Activist Bill Ackman Seeks To Take Control2.9% in premarket trade Friday, after the business consulting company disclosed
FOX Business / Posted 13 days ago
2.9% in premarket trade Friday, after the business consulting company disclosed that activist investor William Ackman's Pershing Square Capital Management is seeking to take control. ADP said Pershing, which owns 8% of the company's shares... Read more
20 related articles
13d
FOX Business
ADP's Stock Surges After Activist Bill Ackman Seeks To Take Control2.9% in premarket trade Friday, after the business consulting company disclosed
FOX Business / Posted 13 days ago
2.9% in premarket trade Friday, after the business consulting company disclosed that activist investor William Ackman's Pershing Square Capital Management is seeking to take control. ADP said Pershing, which owns 8% of the company's shares... Read more
20 related articles
13d
Market Watch
ADP's stock surges after activist Bill Ackman seeks to take control2.9% in premarket trade Friday, after the business consulting company disclosed
Market Watch / Posted 13 days ago
2.9% in premarket trade Friday, after the business consulting company disclosed that activist investor William Ackman's Pershing Square Capital Management is seeking to take control. ADP said Pershing, which owns 8% of the company's shares... Read more
20 related articles
21d
Channel NewsAsia
Dow ends at record; Nasdaq rally fizzles amid tech selloffcent, Target 2.0 per cent and Best Buy 2.7 per cent. Automatic Data Processing
Channel NewsAsia / Posted 21 days ago
cent, Target 2.0 per cent and Best Buy 2.7 per cent. Automatic Data Processing surged 9.1 per cent following reports activist investor Bill Ackman's Pershing Square Capital management took a stake in the business outsourcing company.Source:... Read more
2 related articles
21d
Stamford Advocate
Bill Ackman is buying up shares in a company that might manage your firm's payrollis loading up on shares of Advanced Data Processing, a New Jersey-based provide
Stamford Advocate / Posted 21 days ago
is loading up on shares of Advanced Data Processing, a New Jersey-based provider of payroll and benefits services. The Pershing Square Capital Management CEO's initial purchases of ADP stock are already completed, but he may buy additional... Read more
21d
Connecticut Post
Bill Ackman is buying up shares in a company that might manage your firm's payrollis loading up on shares of Advanced Data Processing, a New Jersey-based provide
Connecticut Post / Posted 21 days ago
is loading up on shares of Advanced Data Processing, a New Jersey-based provider of payroll and benefits services. The Pershing Square Capital Management CEO's initial purchases of ADP stock are already completed, but he may buy additional... Read more
21d
CNBC
ADP shares spike on report that hedge fund manager Bill Ackman is building a stakeBillionaire investor Bill Ackman's Pershing Square Capital Management is said t
CNBC / Posted 21 days ago
Billionaire investor Bill Ackman's Pershing Square Capital Management is said to be building a stake in Automatic Data Processing, Bloomberg reported, citing sources. Shares of ADP spiked on the news. Pershing has already acquired shares in the... Read more
24d
Reuters
India's UPL explores bid for Platform Specialty agrochem unitMonday. A competitive bid would be a boon for Platform Specialty and its bigges
Reuters / Posted 24 days ago
Monday. A competitive bid would be a boon for Platform Specialty and its biggest shareholder, William Ackman's hedge fund Pershing Square Capital Management LP, which owns 14.5 percent of the company. UPL is in talks with buyout firm New Mountain... Read more
30d
Stamford Advocate
'Raw egg breakfast burrito, anyone?': Jeff Gundlach trolls Chipotle after new food scare (CMG)dividend going for them, anyway!" One of those bulls is of course Bill Ackman,
Stamford Advocate / Posted 30 days ago
dividend going for them, anyway!" One of those bulls is of course Bill Ackman, the activist hedge fund manager who heads Pershing Square Capital Management and took a 10% stake in Chipotle in 2016. Chipotle shares fell 4% in trading on Tuesday... Read more
3 related articles
30d
Connecticut Post
'Raw egg breakfast burrito, anyone?': Jeff Gundlach trolls Chipotle after new food scare (CMG)dividend going for them, anyway!" One of those bulls is of course Bill Ackman,
Connecticut Post / Posted 30 days ago
dividend going for them, anyway!" One of those bulls is of course Bill Ackman, the activist hedge fund manager who heads Pershing Square Capital Management and took a 10% stake in Chipotle in 2016. Chipotle shares fell 4% in trading on Tuesday... Read more
3 related articles
30d
Business Insider
'Raw egg breakfast burrito, anyone?': Jeff Gundlach trolls Chipotle after new food scaredividend going for them, anyway!" One of those bulls is of course Bill Ackman,
Business Insider / Posted 30 days ago
dividend going for them, anyway!" One of those bulls is of course Bill Ackman, the activist hedge fund manager who heads Pershing Square Capital Management and took a 10% stake in Chipotle in 2016. Chipotle shares fell 4% in trading on Tuesday... Read more
3 related articles
m
New York Post
Bacon’s Moore Capital fires workers amid hedge-fund woesinvestors over fees include Brevan Howard and Tudor Investment Corp., which hav
New York Post / Posted 1 months ago
investors over fees include Brevan Howard and Tudor Investment Corp., which have cut their fees outright. Bill Ackman’s Pershing Square Capital Management now charges investors less when its fund underperforms, while taking a larger share of the... Read more

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