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.
View Older Stories
-
Big funds push back against activist investor settlements
-
J.C. Penney loss narrows as Sephora stores help attract shoppers
-
'JCPenney (JCP) is probably the worst investment I've made' - Ackman
-
Notable 52-Week Highs and Lows 1/7: (M) (ALKS) (KIM) High; (KBIO) (HLF) Low
-
Pre-Open Stock Movers 01/07: (GALT) (PKT) (JCP) Higher; (KBIO) (MDCO) (HLF) Lower (more...)
-
Ackman Calls JCPenney (JCP) a Dying Company - CNBC
-
Ackman Takes Some Blame for J.C. Penney (JCP) Issues, Roots for Co's Success
-
Pre-Open Stock Movers 11/15: (FONR) (FNMA) (FMCC) Higher; (TTS) (ADES) (AAP) Lower (more...)
-
Ackman's Pershing Square Lifts Air Products (APD) Stake, Sells Out of Matson (MATX)
-
After Netflix (NFLX) Sale, Carl Icahn Has a $3.5 Billion Elephant Gun He is Wielding
-
Icahn Has Some Play Money to Spread Around (HLF) (AAPL) (JCP)
-
Perry Corp Slashes Stake in J.C. Penney Co., Inc. (JCP) to 3.28%
-
J.C. Penney (JCP) Falls Further on Potential $1B Equity Raise
-
Hayman Capital Shows New 5.18% Stake in J.C. Penney Co., Inc. (JCP)
-
Top 10 News for 08/26 - 08/30: Revised Q2 GDP Outpaces Views; Syria in Focus; Amgen Moves on Onyx
-
Notable 52-Week Highs and Lows of the Day 08/30: (FB) (CRM) (SOL) High; (JCP) (ARNA) (LTXC) Low
-
Perry Corp Snaps Up 3M of Ackman's J.C. Penney (JCP) Shares
-
Ackman's Pershing Square Lost Over $400M in J. C. Penney (JCP) Bet Gone Bad
-
Ackman's Pershing Square Files 13D Showing "Zero" J.C. Penney (JCP) Shares
-
J. C. Penney (JCP) Declines, Stock Nears 52-Week Lows
-
'Thanks Again, Ackman' Hedge Fund Managers Shout (JCP) (HLF)
-
J. C. Penney (JCP) Stock Turns Higher
-
Market Wrap: Kerry Gets Tough on Syria; Amgen, Onyx Saga Ends; Durable Orders Drop
-
Bill Ackman's Pershing Square to Exit J. C. Penney 'Mistake' (JCP)
-
J.C. Penney (JCP) Files 39.1M Common Shelf for Selling Shareholder
-
Top 10 News for 08/19 - 08/23: Nasdaq Glitch v. 2.0; Ballmer Leaving Microsoft; Fed Taper Gains Support
-
Ackman Calls JC Penney (JCP) Bet One of his Few 'Failures,' May Exit Stock
-
Kyle Bass Thinks Worst is Over for JCPenney (JCP); Places Bet on Rebound
-
With Everything Going Wrong at JCPenney (JCP), is Now the Time to Buy?
-
Ackman, J. C. Penney (JCP) Enter Agreement to Allow Sale of Shares
-
Ackman's Pershing Square Affirms 17.7% Stake in JCPenney (JCP); Will Review Holding
-
Ackman's Pershing Square Confirms New Stake in Air Products (APD), Ups P&G (PG) (more...)
-
Ackman Did What Was Best for J.C. Penney (JCP) Board - Questrom; Company Needs More Equity
-
Ackman's Pershing Square Down $700M on JCPenney (JCP) Investment - Bloomberg
-
J.C. Penney (JCP) Cracks; Down 3% on Ackman Resignation
-
Ackman's Resignation from JCPenney (JCP) Came from Disagreements with Board
-
Is Ackman a Seller of J.C. Penney (JCP) Now?
-
Ackman Resigns From J. C. Penney (JCP) Board; Support for Ullman Reaffirmed
-
Glenview Has Not Picked Sides in JC Penney (JCP) Board/Ackman Fight - CNBC
-
Ackman Willing to Wait on J.C. Penney (JCP) Management Change
-
J.C. Penney (JCP) Saga Takes Another Turn as Ackman's Enemies Make Moves
-
Dan Loeb is Taunting Bill Ackman... Again
-
Notable 52-Week Highs and Lows of the Day 08/09: (NPSP) (AMED) (YONG) High; (JCP) (DNDN) Low
-
Pershing Square's Ackman Thinks JCPenney (JCP) Would Benefit with Questrom; Board has 'Ceased to Function'
-
Market Wrap: Management Battle at JCPenney; Fannie Doubles Profits; BlackBerry, Now DoD Approved!
-
J. C. Penney (JCP) Chairman Engibous Issues Statement; Says Board Disagrees with Ackman
-
J.C. Penney (JCP) Seeks New CEO, Shares Jump
-
Einhorn Takes Profit on J. C. Penney (JCP) Short, Closes Long in Microsoft (MSFT)
-
FedEx (FDX) Runs Wild On Rumor It's Ackman's Latest Activist Target
-
Hedge Funds Load Up on Shares of J.C. Penney (JCP)