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Hedge Funder Kyle Bass Is Betting On JC Penney
Kyle Bass, the hedge fund manager behind Hayman Capital Management, is betting on J.C. Penney, the troubled American department store chain.This is according to Bloomberg's Stephanie Ruhle.Bass, who...
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JC Penney Reminds Everyone That Its Crappy Quarter Should Be Blamed On Bill...
J.C. Penney reported another horrific quarter of deteriorating sales and wide net losses.The troubled department store chain is currently struggling to stop the exodus of its customers."Comparable...
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JCPenney Has No Plan For When All Of Its Core Customers Die
The worst thing to come out of JCPenney's long, rough slog of an earnings call this morning, is the confirmation that executives have no plans for what to do with the retailer when its core customers...
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Bill Ackman Is Getting No Credit For The One Thing That's Working At...
Today, during JCPenney's dismal Q2 earnings call, there was one ray of light, and it was all thanks to the most hated man in the JCPenney universe, hedge fund manager Bill Ackman.If you're an Ackman...
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BILL ACKMAN: Reported Suicide Of Top Herbalife Salesman Is One Sign That The...
Activist investor Bill Ackman continues to find himself in a deep losing position on his famous short of Herbalife, the maker of nutritional products and shakes, which Ackman argues are being sold via...
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Bill Ackman Wants Everyone Who Says He's A Destroyer Of Companies To See This...
Bill Ackman has been getting a lot of heat lately for a couple of reasons.For one thing, he's had some major losing bets (Herbalife and JCPenney) and they've been very high-profile.Furthermore, in the...
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Bill Ackman Gives Up On JC Penney, Sells Entire Stake
(Reuters) - Hedge fund manager William Ackman, the biggest shareholder in J.C. Penney Co Inc, said on Monday that he sold his entire stake after his campaign to overhaul the retailer failed.Ackman's...
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Jeff Gundlach Takes A Subtle Swipe At Bill Ackman On CNBC
Bond god Jeffrey Gundlach said on CNBC's "Halftime Report" with Scott Wapner that he wouldn't announce any short positions because it invites your rivals to bet against you. "I've learned from watching...
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Meet The N.J. Professor Who Hedge Funders Keep Calling For Insight On Herbalife
BOSTON/NEW YORK (Reuters) - In the battle of investors who've made opposite bets on the shares of Herbalife <HLF.N>, both sides - including firms led by billionaires Bill Ackman and George Soros...
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Meet The Man Who Is Now The Largest Individual Shareholder Of Herbalife (HLF)
William Stiritz is now the largest individual shareholder in Herbalife.The 77-year-old investor disclosed in a 13G regulatory filing with the SEC today that he personally owns 5,382,362 shares, or a...
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President Of Latina Group Slams Herbalife In Letter To The FTC
Alma Morales Riojas, the president of MANA, a national Latina advocacy organization, wrote a strongly worded letter to the Federal Trade Commission asking them to investigate Herbalife. (via FT...
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Meet The 'Handsome' And 'Successful' 37-Year-Old Investor Running One Of The...
Thirty-seven year-old activist investor Richard Trainor McGuire III (a.k.a. "Mick") runs "one of the country's hottest hedge funds", according to Reuters. McGuire, who has been called a Bill Ackman...
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Herbalife Hits A New All-Time High
Herbalife's stocking is making new 52-week highs today.The stock was last trading up more than 3% at about $73 a share. The stock has been trading in a range of $70.67 to $73.71 during today's session....
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Bill Ackman Is Starting A Scholarship To Help MBA Students Do Something Other...
Hedge fund billionaire Bill Ackman, the CEO of $12 billion Pershing Square Capital Management, is funding a scholarship program aimed at helping social entrepreneurs receive an MBA from the University...
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Bill Ackman Has A Few Ideas For A High School Class About Investing
We caught up with hedge fund manager Bill Ackman at an event in the Upper East Side last night for the Oxford Pershing Square Graduate Scholars Programme launch. For Ackman, a large part of his...
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Bill Ackman's Latest Target Is Already Looking For A New CEO (APD)
Bill Ackman is back. The billionaire activist investor's latest target Air Products said this morning that it's looking for a new CEO.Three new independent directors are also joining the industrial gas...
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27 Photos Of The World's Biggest Hedge Funders And Bankers From Their High...
Before they were masters of the universe, the biggest names on Wall Street were once just regular high school kids. They were members of sports and academic teams. They were on the homecoming court....
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Bill Ackman Has Altered 40% Of His $1 Billion Bet Against Herbalife (HLF)
Activist investor Bill Ackman has swapped more than 40% of his $1 billion Herbalife equity short for put options, the New York Post's Michelle Celarier reports citing Pershing Square's latest investor...
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ANALYST: Whoever Sold Bill Ackman Those Herbalife Options Is 'Very Lucky' And...
D.A. Davidson analyst Timothy Ramey, who covers Herbalife's stock, is out with a note today following Bill Ackman's repositioning on his $1 billion Herbalife short position in an effort to reduce risk....
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Herbalife's CEO Raged On Some Protesters This Weekend And Some Distributors...
This weekend, Herbalife its Herbalife Latina Extravaganza event in Los Angeles.It's a massive event hosted for the company's thousands of Latino distributors. On Friday, members League of United Latin...
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