Hedge Fund - Pershing Square

Carl Icahn is out with a new letter to Tim Cook arguing that Apple should buy back more shares and that the stock is grossly undervalued. He says it should be worth $240/share.

In April, a hedge fund firm in Chicago snagged arguably the most sought after economic mind in the world: Ben Bernanke.

Hedge fund investor Bill Ackman is used to taking big bets for big rewards, as he’s done with Valeant Pharmaceuticals International Inc.

William Ackman, who runs $20 billion Pershing Square Capital Management, is hesitant to take on another short campaign after Herbalife Ltd. because it’s not a productive use of time.

Ariad Pharmaceuticals founder and CEO Harvey Berger is exiting the struggling cancer drug company in a settlement with Sarissa Capital, the activist hedge fund led by Alex Denner, the company said Wednesday...

Activist investor Clifton Robbins thinks buying stock in Investors Bancorp is a near-sure way to make money.

Bill Ackman's Pershing Square returned 2.1% during the first quarter, slightly outperforming the market's 0.9% return, as well as some of the other funds we track at Insider Monkey which were hit particularly...

In a new filing with the US Securities and Exchange Commission, activist investor Bill Ackman's Pershing Square disclosed a significant long position in Valeant Pharmaceuticals Intl Inc (NYSE:VRX). According...

Pershing Square, managed by billionaire Bill Ackman, recently filed with the U.S.