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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SEC Seeking Info on Soros' Purchase of Herbalife (HLF) - Report
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J. C. Penney (JCP) Declines, Stock Nears 52-Week Lows
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'Thanks Again, Ackman' Hedge Fund Managers Shout (JCP) (HLF)
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J. C. Penney (JCP) Stock Turns Higher
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Market Wrap: Kerry Gets Tough on Syria; Amgen, Onyx Saga Ends; Durable Orders Drop
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Bill Ackman's Pershing Square to Exit J. C. Penney 'Mistake' (JCP)
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J.C. Penney (JCP) Files 39.1M Common Shelf for Selling Shareholder
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Top 10 News for 08/19 - 08/23: Nasdaq Glitch v. 2.0; Ballmer Leaving Microsoft; Fed Taper Gains Support
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Ackman Keeps Making Mistakes on Herbalife (HLF) - DA Davidson
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'Most Insane Photo in WSJ History' Is Just Another Day on the Street
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Market Wrap: DJIA Back Below 15K; Lowe's Follows Suit; Fed Tapering Gets Support
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Ackman Calls JC Penney (JCP) Bet One of his Few 'Failures,' May Exit Stock
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Shorts Continue to Lose as Bull Market Rips (TSLA) (HLF) (QCOR)
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UPDATE: Perry Capital Takes Long Position in Herbalife (HLF)
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Icahn Still Firm on Herbalife (HLF); Seeks to Dismiss Short-Seller Suit
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Kyle Bass Thinks Worst is Over for JCPenney (JCP); Places Bet on Rebound
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With Everything Going Wrong at JCPenney (JCP), is Now the Time to Buy?
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Ackman, J. C. Penney (JCP) Enter Agreement to Allow Sale of Shares
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Icahn Says Ackman Giving Shareholder Activism a Bad Name
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Soros, Icahn Add More Herbalife (HLF) in Q2; Combined Stake Nearly $1B in Value
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Ackman's Pershing Square Affirms 17.7% Stake in JCPenney (JCP); Will Review Holding
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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 Did What Was Best for J.C. Penney (JCP) Board - Questrom; Company Needs More Equity
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Ackman's Pershing Square Down $700M on JCPenney (JCP) Investment - Bloomberg
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J.C. Penney (JCP) Cracks; Down 3% on Ackman Resignation
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Ackman's Resignation from JCPenney (JCP) Came from Disagreements with Board
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Is Ackman a Seller of J.C. Penney (JCP) Now?
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Ackman Resigns From J. C. Penney (JCP) Board; Support for Ullman Reaffirmed
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Glenview Has Not Picked Sides in JC Penney (JCP) Board/Ackman Fight - CNBC
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Ackman Willing to Wait on J.C. Penney (JCP) Management Change
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J.C. Penney (JCP) Saga Takes Another Turn as Ackman's Enemies Make Moves
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Air Products & Chemicals (APD) Sinks; Ackman Lift 'Behind Us'
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Dan Loeb is Taunting Bill Ackman... Again
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Notable 52-Week Highs and Lows of the Day 08/09: (NPSP) (AMED) (YONG) High; (JCP) (DNDN) Low
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Pershing Square's Ackman Thinks JCPenney (JCP) Would Benefit with Questrom; Board has 'Ceased to Function'
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Market Wrap: Management Battle at JCPenney; Fannie Doubles Profits; BlackBerry, Now DoD Approved!
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J. C. Penney (JCP) Chairman Engibous Issues Statement; Says Board Disagrees with Ackman
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J.C. Penney (JCP) Seeks New CEO, Shares Jump
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SEC Looking Into Ackman's Herbalife (HLF) Stock Manipulation Claims - FBN
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Pershing Square's Ackman Files Complaint with SEC Against Soros Over Herbalife (HLF)
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Ackman's Pershing Square Down 2.2% in July; Up 4% YTD FY13 - Bloomberg
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Deutsche Bank Raises Price Target on Air Products & Chemicals (APD)
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'Sell Into FedEx (FDX) Strength'; Standpoint Cuts to Hold
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Ackman Taking Steps to Stop 'Mother of All Short Squeezes' in Herbalife (HLF)
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Baird Upgrades Air Products & Chemicals Inc. (APD) to Outperform
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Market Wrap: Prelim. Q2 GDP Tops Views; Swipe-Fees Under Fire; Fed Sees Growth, If...
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No Rest for the Weary; Ackman Takes Lumps Again on Herbalife (HLF)
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Air Products (APD) Sinks Lower as Soros Takes Position in Herbalife (HLF)
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Ackman's Pershing Square Files 13D on Air Products (APD), Showing 9.8% Stake

