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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Top 10 News for 11/10 - 11/14: Alibaba's Smashing Singles' Day; Obama Picks Internet Fight; Buffett Gets 'Energized'
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Ackman's Pershing Square Shows New Stakes in Apartment Investment (AINV), Home Properties (HME); Liquidates General Growth Properties (GGP), P&G (PG)
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Ackman's Pershing Square Lifts Stakes in Air Products (APD) and Burger King (BKW) (more...)
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Ackman's Pershing Square Lifts Air Products (APD) Stake, Sells Out of Matson (MATX)
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Ackman's Pershing Square Confirms New Stake in Air Products (APD), Ups P&G (PG) (more...)
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Countdown to the Next Icahn and/or Ackman Headline
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Ackman's Latest Stock Pick Has Traders Buzzing
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Ira Sohn Lights Up Wall Street and Twitter
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Stocks Crossing 50-Day SMA 05/08: (FB) (WIN) (PG) Above; (CIE) (AOL) (SD) Below
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Bill Ackman reiterates that he likes Procter & Gamble (PG)
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Pershing Square Claws for 6% Gain in Q1
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Ackman's Pershing Square Gets FTC Early Termination on Beam (BEAM), J.C. Penney (JCP) and P&G (PG)
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Ackman's Pershing Square Discloses Burger King (BKW), Matson (MATX) Stakes, Sells all Citigroup (C) (more...)
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Ackman's Pershing Sqaure Q2 13F: (PG) (C) (FDO) (KFT)
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Market Wrap: Bernanke Bites Back; More Big Earnings Names; Ackman's Large Stake; JCP's Johnson is Firm (on Strategy)
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Ackman Sells Out of Citi (C) Position; Acquiring Large Proctor & Gamble (PG) Stake
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Bill Ackman Has $1.8B in P&G (PG) Stock
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Oppenheimer Says Sell Into Strength in Procter & Gamble (PG): It's Pretty Obvious Why Ackman's Involved
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Ackman's Actions May Cause P&G (PG) to Divest Some Key Assets
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UBS Maintains a 'Neutral' on Procter & Gamble (PG); Who Will Bring Balance Back To The Force?
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Top 10 News Items 7/9-7/13: JPMorgan Gets Its CIO Losses Out of the Way; Stocks Fall for Six Days; China Reports Slowest Growth Since Early 2009
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Market Wrap: Hedge Fund's Staple Play; Draghi Dovish on Europe; Jobless Drop; Saving the NBA
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Analyst Says Ackman Could Be Aiming for Ouster of P&G (PG) CEO McDonald
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UPDATE: Ackman says P&G (PG) stake "largest initial investment ever" - Bloomberg
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Wall Street Buzzing on Procter & Gamble (PG) as Ackman Gets His Meathooks In
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Ackman's Pershing Square Has Indeed Taken a New Stake in P&G (PG) - Reuters
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Pre-Open Winners 7/12: (SAP) (PG) (MRK) Higher (more...)
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UPDATE: Ackman's Pershing Square Granted Early Termination on Procter & Gamble (PG)
