Money and Finance
- After Big Bet, Hedge Fund Pulls The Levers Of Power
Link to article: After Big Bet, Hedge Fund Pulls the Levers of PowerAt a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife,...
- Bloomberg Videos
David Tepper: Appaloosa's Tepper Says Stock Markets Not in Bubble ... Bill Ackman: Bill Ackman on Herbalife, Fannie, Air Products Related previous post: Oxford Distinguished Speaker Series: Bill Ackman ... Max Levchin: What Is a Disruptive Innovator?...
- The Big Short War
Hedge-fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting of Herbalife stock, the price plummeted, prompting two fellow billionaires—Ackman’s...
- Hedge Fund Mogul At Risk Of A Short Squeeze On Herbalife
Found via the Corner of Berkshire & Fairfax. Hedge fund titan Bill Ackman had an easy time vanquishing the sclerotic board of Canadian Pacific Railway last year. He’s now in an even more fascinating bare-knuckles fight, this time with Herbalife...
- Ackman Open To Canadian Pacific Selling Dm&e (video)
Feb. 6 (Bloomberg) -- William Ackman, the investor seeking management changes at Canadian Pacific Railway Ltd., talks about his choice of Hunter Harrison to be chief executive officer of the railorad and the possibility that Harrison would consider selling...
Money and Finance
Pershing Square's Ackman shorts Herbalife; stock skids
Ackman's presentation will also be streamed live at 9:30am today, HERE.
(Reuters) - Activist investor William Ackman confirmed on Wednesday that he is betting against the stock of Herbalife Ltd (HLF.N) in a move that sent shares of the weight management product company reeling and sparked a caustic rebuke from its chief executive officer.
(Reuters) - Activist investor William Ackman confirmed on Wednesday that he is betting against the stock of Herbalife Ltd (HLF.N) in a move that sent shares of the weight management product company reeling and sparked a caustic rebuke from its chief executive officer.
...
On Thursday, the fund manager is scheduled to lay out his argument for the move at a hastily arranged investment presentation in New York. But Wall Street was already abuzz with the move on Wednesday afternoon when his position became public.
The move is particularly noteworthy because Pershing Square became the first hedge fund to publicly acknowledge its short position in Herbalife, with some investors beginning to question its business strategy.
- After Big Bet, Hedge Fund Pulls The Levers Of Power
Link to article: After Big Bet, Hedge Fund Pulls the Levers of PowerAt a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife,...
- Bloomberg Videos
David Tepper: Appaloosa's Tepper Says Stock Markets Not in Bubble ... Bill Ackman: Bill Ackman on Herbalife, Fannie, Air Products Related previous post: Oxford Distinguished Speaker Series: Bill Ackman ... Max Levchin: What Is a Disruptive Innovator?...
- The Big Short War
Hedge-fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting of Herbalife stock, the price plummeted, prompting two fellow billionaires—Ackman’s...
- Hedge Fund Mogul At Risk Of A Short Squeeze On Herbalife
Found via the Corner of Berkshire & Fairfax. Hedge fund titan Bill Ackman had an easy time vanquishing the sclerotic board of Canadian Pacific Railway last year. He’s now in an even more fascinating bare-knuckles fight, this time with Herbalife...
- Ackman Open To Canadian Pacific Selling Dm&e (video)
Feb. 6 (Bloomberg) -- William Ackman, the investor seeking management changes at Canadian Pacific Railway Ltd., talks about his choice of Hunter Harrison to be chief executive officer of the railorad and the possibility that Harrison would consider selling...