Hedge Fund - Pershing Square

Bill Ackman continued to defend his J.C. Penney Company, Inc.

Billionaire hedge fund manager Bill Ackman became a billionaire by delivering strong returns for his investors.

At the end of day one of the 8th Annual Value Investing Congress in New York, Bill Ackman presented his thesis on one of his biggest long ideas.

John Taylor, founder and CEO of the world's largest currency hedge fund FX Concepts, told Bloomberg Television he'll "probably always be a bear on the euro" and that "it is hard to look at the European...

Dan Loeb’s Third Point has been accused again of conspiring to destroy Fairfax Financial Holdings Limited (TSE:FFH) (PINK:FRFHF), after it is alleged that the hedge fund was involved in driving down...

Bowing to intense investor pressure, the chairwoman and chief executive of health insurance giant WellPoint Inc. abruptly resigned and the company named an interim CEO.

Pershing Square, managed by Bill Ackman, is a value investor with a long-term view which invests in stocks that it believes have departed from their fundamental value, including in special situations.

New York star hedgie Chase Coleman is on his way to a standout year — but a good chunk of his returns are supported by one very Main Street investment: Apple.

Activist investor Carl Icahn agreed to allocate as much as $3 billion to a management duo composed of his son, Brett, and David Schechter, expanding their role in running the 76-year-old's investments...