-
Funds Are Running From Baidu, Valeant, Mondelez And Time Warner
Thursday, August 20, 2015 - 8:26am | 386Read More...Baidu Inc (ADR) (NASDAQ: BIDU) was one of the most unpopular stocks of the second quarter. According to an analysis of top hedge funds’ aggregate holdings and top purchases and sales from S&P Capital IQ, the Chinese-language Internet search provider was the stock institutional investors...
-
A Look At Bill Ackman's Super-Concentrated Equity Portfolio
Tuesday, August 18, 2015 - 3:51pm | 524Read More...Activist investor Bill Ackman manages Pershing Square Capital Management, a successful hedge fund firm with a concentrated equity portfolio worth $14.44 billion as of the end of the second quarter of the year. The equity portfolio comprises only seven stocks; 44 percent of its total assets are...
-
John Paulson Betting On Healthcare And Consumer Discretionary Stocks
Tuesday, August 18, 2015 - 3:11pm | 525Read More...Paulson & Company is a hedge fund managed by John Paulson, who many might remember for his famous stakes against subprime mortgages. The firm tends to invest across most sectors of the economy. In its recently filed Form 13F for the second quarter of the year, the fund disclosed seven new...
-
Thursday's Top Hedge Fund Moves: Mario Gabelli Likes Aerojet Rocketdyne, Bill Ackman Loves Mondelez
Thursday, August 6, 2015 - 4:50pm | 369Read More...Tracking hedge fund moves is a useful way to come up with research-backed investment ideas. So, let’s take a look at some of Thursday’s top hedge fund moves. Mario Gabelli According to a 13D SEC filing, the funds affiliated with Mario Gabelli (GAMCO Investors, Gabelli Funds, Teton...
-
Bill Ackman Is In Love With Fannie Mae And Freddie Mac
Wednesday, July 15, 2015 - 3:31pm | 509Read More...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...
-
Has Delivering Alpha Delivered So Far?
Wednesday, July 15, 2015 - 3:17pm | 583Read More...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...
-
Pershing Square Calls On Herbalife CEO To Release Incriminating Video
Friday, June 26, 2015 - 4:27pm | 306Read More...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...
-
Valeant Raises Salix Bid, Agree To All-Cash Deal
Monday, March 16, 2015 - 8:41am | 208Read More...Valeant Pharmaceuticals Intl Inc (NYSE: VRX) has raised its bid for Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) to $173 per share from $158 per share. The move counters an offer of $172.50 that Endo International plc (NASDAQ: ENDP) offered last week. The Wall Street Journal reported that Salix has...
-
Hedge Fund Manager On Herbalife: 'Bill Ackman Has Been Right All Along'
Thursday, January 8, 2015 - 3:38pm | 188Read More...Speaking to Benzinga, Hedge Fund Manager and Lemelson Capital Management Founder Rev. Emmanuel Lemelson said that he thinks Pershing Square Capital Management CEO Bill Ackman is right about Herbalife Ltd. (NYSE: HLF). “It’s very, very clearly a pyramid scheme,” he said....
-
6 Takeaways From Ackman's Letter To Allergan's Board of Directors
Friday, November 7, 2014 - 11:39am | 275Read More...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...
-
Bill Ackman Talks Partnership With Valeant For Allergan Deal
Wednesday, April 23, 2014 - 9:38am | 553Read More...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...
-
Bill Ackman Updates Investors on Personnel Change, Herbalife
Wednesday, January 29, 2014 - 4:54pm | 626Read More...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...
-
Ackman And J.C. Penney Reach Agreement For Stock Sales
Friday, August 16, 2013 - 9:40am | 567Read More...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...
-
J.C. Penney Shares Rally As New York Post Sees August Turnaround (JCP)
Thursday, August 15, 2013 - 9:29am | 814Read More...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...
-
Herbalife Responds to New York Times Post, Calls Out Ackman (HLF)
Wednesday, August 14, 2013 - 10:59am | 464Read More...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....
