Ackman

Billionaire Bill Ackman detailed 33 reasons for endorsing Donald Trump over Kamala Harris, citing policy failures and concerns with the Biden/Harris administration. What Happened: Ackman, the founder and CEO of Pershing Square Capital Management, in a lengthy X post, detailed his reasons for...

Billionaire hedge fund manager Bill Ackman took to X, formerly Twitter, to question the tax exemptions of high-cost private universities amid the ongoing student debt crisis. What Happened: On Sunday, Ackman tweeted about the burden of student loans, specifically referencing the cost of attending...

U.S. long-term Treasury yields have soared to their highest levels in more than 10 years, unsettling investors as these traditionally “risk-free” rates continue to climb. The 10-year Treasury note’s yield reached 4.30% during the Aug. 17 session, nearing the October 2022 highs of...

In a new report, Deutsche Bank analyst Christopher Mcdonagh named key M&A headlines that could serve as market catalysts this week. Here's a rundown of his full list: Solera Holdings Inc (NYSE: SLH) has extended tender offers for outstanding 6.00 percent Senior Notes due 2021 and 6.125 percent...

Hedge fund billionaire Bill Ackman is increasingly bullish on Valeant Pharmaceuticals Intl Inc (NYSE: VRX). His firm, Pershing Square, filed a Schedule 13D form with the SEC on Wednesday, disclosing an increase in its exposure to the pharmaceutical company. The fund now owns 19,473,933 shares...

As a Latino advocacy group met with a federal regulator Tuesday to discuss their concerns about alleged abuses perpetrated by Herbalife (NYSE: HLF) against Latinos and others, hedge-fund manager Bill Ackman continued his efforts to portray the company as an illegal pyramid scheme. This time...