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ICAHN: My Herbalife Stake Is About Making Money, It's Not Personal (HLF)
Carl Icahn just appeared on CNBC's "Halftime Report" with Scott Wapner again even though last month he told the anchor that he's "never going on a show with you again, that's for damn sure." Wapner...
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Hedge Fund Manager Bob Chapman Has The Most Intimidating Headshot We've Ever...
Bob Chapman, who runs Manhattan Beach, Calif.-based Chapman Capital, was on Bloomberg TV moments ago. In a telephone interview with Bloomberg TV, Chapman said he completely exited his Herbalife...
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Dan Loeb Is Reportedly Scaling Back His Big Herbalife Bet
Hedge fund manager Daniel Loeb has sold part of his long position in the nutrition company Herbalife, a source told CNBC.Loeb, who runs Third Point, started selling a few weeks ago and has continued to...
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And Now The Herbalife Wars Have Swung Back In Bill Ackman's Favor
The hedge fund war over Herbalife keeps heating up.Right now, shares of Herbalife are trading back below the pre-Bill Ackman short levels.Ackman, who runs $12 billion Pershing Square Capital...
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Herbalife Beats Earnings Estimates And Raises Guidance (HLF)
Nutritional and weightloss supplement seller Herbalife just beat fourth-quarter earnings estimates and raised its sales guidance.Herbalife posted $1.05 EPS. Sales came in at $1.1 billion, according to...
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Herbalife Just Wrapped Up Its Earnings Conference Call (HLF)
Yesterday nutritional supplement seller Herbalife beat Wall Street's earnings estimates and raised its sales guidance. The multi-level marketing firm reported $1.05 EPS on sales of $1.1 billion.Click...
View ArticleThe Story Of How Bill Ackman Got Destroyed During A Bike Ride With Dan Loeb
William Cohan, the author of "Money and Power: How Goldman Sachs Came to Rule the World", has a fantastic anecdote in his piece in the April issue of Vanity Fair about an ill-fated Hamptons bike ride...
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Bill Ackman Almost Lost His Bar Mitzvah Money Betting On The SATs
It takes some serious stones to tell the world you think a company's stock is going to zero.That's probably why Vanity Fair has an awesome piece coming out next month about Bill Ackman and, more...
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Hedge Funder Bill Ackman Has Lost Nearly $150 Million On JCPenney Just Since...
JCPenney reported disastrous quarterly earnings yesterday with same store sales down 32 percent in the fourth quarter. The stock tanked on the earnings news. Hedge fund manager Bill Ackman, the CEO of...
View ArticleLegendary Short-Seller Jim Chanos Explains Why He Would Never Invest In...
Legendary short-seller Jim Chanos, the founder of Kynikos Associates, told Bloomberg TV's Trish Regan that he wouldn't invest in Herbalife. Chanos, who said he doesn't "have a dog in the Herbalife...
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Herbalife Is Adding Two Carl Icahn Nominees To Its Board (HLF)
Herbalife has announced an agreement with billionaire investor Carl Icahn, who is a major shareholder of the multi-level marketing firm that sells nutrition products. Icahn and Herbalife have agreed to...
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Billionaire Investor Admits That Being On The JCPenney Board Is A Problem If...
Hedge fund titan Bill Ackman, the CEO of Pershing Square, isn't the only one taking a bath on JCPenney's stock.Billionaire real estate mogul Steven Roth's real estate investment trust Vornado Realty is...
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Finally Some Good News For Bill Ackman: He's Officially A Billionaire
Hedge fund titan Bill Ackman, the CEO of Pershing Square Capital Management, is officially a billionaire. Forbes has just released its annual "World's Billionaires" list and this time Ackman is on it....
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The 36 Richest Hedge Fund Managers In The World
The annual Forbes' "World's Billionaires List" is out. Every year, the list is full of the biggest names in the hedge fund industry. This year, there are some newcomers to the list including, Bill...
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A Vanity Fair Profile Of Bill Ackman Is Coming Out Tomorrow And Trust Us...
The April issue of Vanity Fair hits newsstands tomorrow. We're excited because we can't wait to read Bill Cohan's feature on the hedge fund war between Bill Ackman and Daniel Loeb and Carl Icahn. We've...
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Five Great Quotes From Vanity Fair Profile On Bill Ackman
We've read a copy of tomorrow's Vanity Fair profile on billionaire hedge fund manager Bill Ackman, the CEO of Pershing Square Capital Management — and you're definitely going to want to check it...
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ACKMAN: Einhorn And I Were Like 'Boyfriend And Boyfriend'... And Now We're...
William Cohan's Vanity Fair profile of billionaire hedge fund manager Bill Ackman, the CEO of Pershing Square, comes out today.In the extensive piece about the hedge fund war over Herbalife, we learn...
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Bill Ackman's JCPenney Has Two More Horrible Days
Struggling retailer JCPenney's stock hit a new 52-week low today. The stock was last trading down more than 3% early in the session at $14.51 a share.Yesterday, JCPenney's stock tanked more than 10%...
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Jim Chanos Says He Was Short Herbalife And That Ackman Is 'Correct In His...
Famed short-seller Jim Chanos, the founder of Kynikos Associates, said on CNBC's "Squawk Box" this morning that he shorted Herbalife last year. "We were short last year," Chanos said, adding, "We were...
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PROFESSOR: 'JC Penney Serves No Compelling Customer Purpose'
JC Penney is a company in free fall.It recently had one of the worst retail quarters in history with a staggering 32 percent drop in same store sales, and may lose out on an essential agreement with...
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