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REPORT: Bill Ackman Says He'll Sell His JCPenney Stake If The Board Won't Let...
The New York Post's James Covert reports that hedge fund manager Bill Ackman threatened to sell his massive stake in JCPenney if the board didn't find a new CEO to replace interim CEO Mike Ullman.From...
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Bill Ackman Fires Off Another Letter To JCPenney This Time Calling For The...
Bloomberg TV's Stephanie Ruhle reports that hedge fund manager Bill Ackman has fired off yet another letter to JCPenney board calling for the resignation of Tom Engibous, the chairman of the board....
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Bill Ackman Flips About Private Jets And Secret Meetings Without Him In His...
Activist investor Bill Ackman blasted the JCPenney board in yet another publicly released letter. Ackman, who is the largest shareholder in the retailer and has a seat on the board, writes about how...
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STARBUCKS CEO: Bill Ackman 'Ruined The Lives Of Thousands Of JCPenney Employees'
Starbucks CEO Howard Shultz ripped into Bill Ackman over the activist investor's aggressive letters to JCPenney's board on CNBC's "The Closing Bell" with Maria Bartiromo.Ackman's letters are calling...
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Looks Like Hedge Fund Manager Daniel Loeb Posted Another Taunting Message On...
Outspoken hedge fund manager Daniel Loeb, the founder of Third Point LLC, has left another taunting message on his Bloomberg terminal MSG9 ("message 9") line. [via ZeroHedge]From Loeb: "Never...
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George Soros Takes JCPenney's Side In Fight With Bill Ackman
George Soros, who owns a sizeable stake in JCPenney, has taken sides with the retailer in its feud with hedge fund manager Bill Ackman, Bloomberg News reports. According to Bloomberg, which cites...
View ArticleREPORT: Ackman Is Going To End His Push To Replace JCPenney CEO Mike Ullman
It appears that hedge fund manager Bill Ackman might surrender in his fight against JCPenney's board.This just in from New York Post reporter James Covert... NY POST EXCLUSIVE: Bill #Ackman set to...
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People Think Bill Ackman Is Having A Stress-Induced Meltdown, But Someone Who...
Hedge fund manager Bill Ackman, the founder of $12 billion Pershing Square Capital Management founder, can't stay out of the spotlight.Ackman's two huge, public bets on JCPenney and Herbalife have gone...
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BILL ACKMAN RESIGNS FROM JC PENNEY BOARD, STOCK SPIKES (JCP)
After much publicized drama, JC Penney has announced that activist investor Bill Ackman has resigned from the board of directors."During my time on the J. C. Penney Board of Directors, I have always...
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Bill Ackman Invokes An Old Line From Warren Buffett When Explaining Why He...
Activist investor Bill Ackman stepped down from JCPenney's board today following a public feud with the retailer's board of directors. CNBC's Andrew Ross Sorkin caught up with Ackman this morning...
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The Incredible Power Of A Carl Icahn Tweet
This stock chart shows the power of Twitter. Or perhaps just the power of a billionaire on Twitter.At 2:21 p.m. ET, legendary investor Carl Icahn Tweeted that he has a huge stake in Apple and then the...
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Bill Ackman Counterblasts Starbucks CEO Howard Schultz
Hedge fund manager Bill Ackman, who runs Pershing Square, fired back at Starbucks Howard Schultz after the CEO ripped into the activist investor for leaking letters to JCPenney's board in the media....
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David Tepper Bought More Citigroup And Sold Some Apple In Q2
David Tepper's Appaloosa Management has filed its 13F with the SEC. For the second quarter ended June 30, Citigroup remained one of Appaloosa's top holdings. During Q2, the fund held 9,601,639 shares...
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Bill Ackman Says He's Disappointed In The Way Dan Loeb Handled Herbalife
Activist investor said on "Charlie Rose" on PBS that he's disappointed in the way that ex-friend Daniel Loeb handled the whole Herbalife situation.Back in December, Ackman publicly announced that he's...
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Bill Ackman Accuses Starbucks CEO Of Hypocrisy Over Leaking Memos To The...
Hedge fund manager Bill Ackman called out Howard Schultz yesterday evening on Charlie Rose on PBS. Schultz earlier ripped into Ackman for leaking letters for JCPenney's board in the press.Schultz, who...
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Bill Ackman Says He Knows What Will Save America
Last night embattled hedge fund manager Bill Ackman was on Charlie Rose explaining everything from Herbalife to JCPenney to Dan Loeb.If you missed it, the whole thing will air tonight at 8:00 pm on...
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Leon Cooperman Bought Apple And Sold His Entire Facebook Stake During Q2
Billionaire hedge fund manager Leon Cooperman, who runs Omega Advisors, has filed his 13F filing with the SEC. During the second quarter ended June 30, he purchased 31,000 shares of Apple, the filing...
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Tiger Global Sold All Of Its Apple And Google Shares In Q2
Tiger Global, the tech-oriented hedge fund run by Chase Coleman and Feroz Dewan, has published its 13F quarterly filing with the SEC. During the second quarter ended June 30, the hedge fund sold all of...
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SEC Says Finance Twitterer Was Running A Ponzi, And Using Client Money As His...
The SEC has charged a hedge fund manager known for his Twitter presence with fraud.Ohio-based Anthony Davian — known as @hedgieguy — "misappropriated more than $1 million from investors in funds...
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Activist Investor Nelson Peltz Finally Reveals That He's Long DuPont
Activist investor Nelson Peltz, who runs Trian Fund Management, filed his 13F with the SEC. During the second quarter ended June 30, Trian snapped up a large stake in Du Pont E I De Nemours & Co....
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