William Ackman
Bill Ackman runs hedge fund Pershing Square Capital, which he started in 2003 following the dissolution of Gotham Partners.
Ackman is a value investor with an activist bent. Activist investors agitate management for changes. He owns large positions in Target (NYSE: TGT) and Borders (NYSE: BGP). He has also been involved in activist situations at Wendy's (NYSE: WEN) and McDonald's (NYSE: MCD).
Ackman proved his acumen as a short seller in 2007/2008 as short positions he held in MBIA (NYSE: MBI) and Ambac (NYSE: ABK) proved to be big winners due to the credit crunch.
In July 2008, Ackman said he was short the common stock of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Ackman also laid out a plan to reorganize the GSEs, which would wipe out the common shareholders.
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At the Value Investing Congress in New York, hedge ...
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NEW YORK, Oct. 19 /PRNewswire/ --Today Joel Greenblatt, a top value manager, officially launched Formula Investing (www.formulainvesting.com), an online money management firm that follows the investment strategy described in his New York Times bestselling book The Little Book That Beats the Market. The announcement was made as Greenblatt presented at the 5th Annual New York Value Investing Congress, where the investing world's greatest minds, including Bill Ackman, David Einhorn, and Julian Robertson, came to share their best strategies with attendees. Formula Investing is a money management firm that uses a unique, proprietary stock-screening system and a disciplined approach to manage portfolios of value stocks. The firm offers its services to individual investors and institutions and to registered investment advisors, who can use Formula Investing as a sub-advisor. Formula Investing uses a system that determines portfolio selections through a simple, logical and proprietary quantitative model that chooses stocks based ...
Realty Income Corp. (NYSE: O) is flat today after dropping 5% yesterday after influential hedge fund manager, Bill Ackman ...
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Spirit of Newark Awards To Give Local Heroes Hollywood Style Celebration
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Paul Volcker, Condoleezza Rice and Christopher Cox to Headline 2009 ACG LA Business Conference
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Financial Leaders Join Together in Nation's Capital, Discuss America's Current and Future Economy
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Ackman's Pershing Square Shows New Stake In ADP (NYSE: ADP)
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Bill Ackman's Pershing Square Lowers Overall Position In Target (TGT), But Boosts Common Stock Holdings
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Top 10 News Items 5/26-5/29: GM Confirms Support of UAW-Represented Employees on Amended Contract, But Bankruptcy Still Likely; Yield Curve Steepens to Record Levels; Oil, Gold Surge
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Ackman Wins For Losing In Target (TGT)
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Target (TGT) Shareholdrers Re-Elect Company Slate, Target Says - Bloomberg.
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The Target (TGT), Pershing Square Battle Continues
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Pershing Square Responds to Target's (TGT) Recent Press Release
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Target (TGT) Issues Statement Countering Pershing Square Comments
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Highlights From TGT's Q1 Conference Call: Guidance Remains Sound
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Ackman Gains Some Ground On Getting Target (TGT) Board Seat
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Ackman's Pershing Square Shows New Stake In Yum Brands (YUM), Raises Apartment Investment (AIV)
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Bill Ackman Discusses Target (TGT) Board Plan On Bloomberg TV
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Borders (BGP) Continues Its Run
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Pershing Square Responds to Target's (TGT) Objection to Universal Ballot Proposal
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Pershing Square's Bill Ackman Says Banks Are Insolvent (C, BAC)
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General Growth Properties (GGP) Files Chapter 11 Bankruptcy
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General Growth Properties (GGP) Continues Volatile Action, Recent Trend Is Up But Risks Remain
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Bill Ackman's Target (TGT) Fund Rose 48% Last Month
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General Growth (GGP) Sees Upside Action
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Target (TGT) to Let Shareholders Vote on Size of Board
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Borders Group (BGP) Announces 1-yr Extension on Pershing Square Loan
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Ackman Sends Letter to Target (TGT) Board: Wants Additional Board Nominee, Threatens Arbitration
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Target (TGT) Will Not Recommend Ackman or Suggestions By Pershing Square For Board
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Bill Ackman will to propose himself and 4 other candidates for Target's (TGT) Board of Directors - Bloomberg
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Bill Ackman Talking With Target (TGT) About Board Seats; Sold Call Options
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Top 10 News Items 2/17-2/20: Obama Unveils Housing Plan; Financials Continue Getting Smashed; GM Asks for Additional $4.5B
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Ackman's Pershing Square Loads Up On Visa (V), Sells Dr Pepper (DPS) and Wendy's (WEN)
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Ackman's Pershing Square trimmed its stake in Wendy's/Arby's (WEN) about 8.6 million shares
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Ackaman's Pershing Square Boosts Stake in Visa (V) Over 4M Shares
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Borders Group (BGP) and Pershing Square Further Extend Financing Agreement
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Target (TGT) March volatility Flat at 67
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Pershing Square's Target (TGT) Fund Down Over 89.5%
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Borders Group (BGP) Names Pershing's McGuire as Chairman
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Pershing Square Increases Its Stake In General Growth Properties (GGP)
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Pershing Square Sells Its Stake In Barnes & Noble (BKS)
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Pershing Square's Hedge Fund Set-Up For Target (TGT) Dropped 68%
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Unusual 11 Mid-Day Movers 11/26: EMKR, CHRS, SCMF, GM Higher; LFG, BGP, BCE, ANDE Lower
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Morning Movers 11/26: BCE (BCE) Lower After Buyout Hits Snag, Deere (DE) Lower on Cautions Outlook
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Borders Group (BGP) Misses Q3 View By 4c
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Ackman's Pershing Square Takes Large Stake in Embattled REIT General Growth Properties (GGP)
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Ackman's Pershing Square Shows New 7.5% Stake in General Growth Properties (GGP)
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Pershing Square To Delay Discussing Target's (TGT) Real Estate Structure Until Next Year
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Target (TGT) Turns Down Real Estate Structure Ideas from Pershing Square
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Quarterly Data Confirms Hedge Funds Exited Stocks In A Big Way
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Ackman's Pershing Square 13F; Shows New Stakes in Visa (V) and MasterCard (MA)
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Ackman's Pershing Square Shows New 2.7M Shares Stake in Visa (V)
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Ackman's Pershing Square Shows New 570K Shares Stake in Mastercard (MA)
