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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 Called Hedge Fund Manager Bill Ackman's Actions 'Despicable'
The infighting among JCPenney's board, sparked by Bill Ackman's letter announcing he was looking for a new CEO, escalated after he published another scathingly critical letter today.His fellow board...
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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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A Veteran Trader Explains Why BlackBerry Is The 'Red-Headed Stepchild' Of...
In my time in this business I have seen some pretty interesting dust-ups between activists and the the companies that they target.Guys like Dan Loeb of Third Point used to amuse market participants...
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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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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: The Week" explaining everything from Herbalife to JCPenney to Dan Loeb.If you missed it, the whole thing will air tonight at...
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George Soros Picked Up Stakes In Apple, JCPenney, Dumped A Bunch Of Citigroup...
George Soros' Q2 2013 13F is out— that means we get to see the long positions his family office is holding.Lets get to the stand outs.Soros picked up 66,800 shares of Apple from nothing. In his...
View ArticleAwesomely, Carl Icahn Slams The New York Times And Bill Ackman On Twitter
Icahn's at it again, slamming the New York Times on his new favorite media medium, Twitter.NYT's thesis that Ackman's actions prove something is wrong with activism is specious. His actions prove only...
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If Bill Ackman Were A Stock, I'd Be Buying Right Now
The piling on re: Bill Ackman - I would bet - has now reached its pinnacle. If he was a stock, and I a deep value investor, I'd be buying him in size here. Okay, maybe I'd be buying calls instead of...
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JCPenney Says It Has Reached An Agreement For Bill Ackman To Sell His Massive...
JCPenney has reached an agreement with Bill Ackman so Pershing Square can begin to sell its stake in the retailer, according to an 8-K filed with the SEC on Friday. [via CNN Money]From the filing: On...
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