Bill Ackman

Ackman applauds call for Herbalife investigation

71 days ago

Ackman said in a statement late Tuesday that he was pleased that the NCL was requesting an FTC investigation and believes it will show that the company is a pyramid scheme.

Icahn increases stake in Herbalife

77 days ago

Icahn has backed Herbalife, but Ackman has a negative bet on the company, shorting its stock, and has accused it of being a pyramid scheme.

J.C. Penney shares fall after hours on sale report

79 days ago

Again citing unnamed sources, the Journal said that some of Penney's board members, including activist investor William Ackman, may want to sell the company or replace CEO Ron Johnson, if a steep...

Herbalife to add 2 Icahn reps to its board

84 days ago

Hedge fund manager Bill Ackman argues that the company makes most of its money by recruiting new salespeople, rather than on the products they sell.

Herbalife to clarify reporting of business metrics

92 days ago

Last month, the wrangling between Ackman and Icahn boiled over into a shouting match on live television - a rare instance of public upheaval by billionaire financiers.

Profit up at Herbalife, subject of Street squabble

93 days ago

It barely mentioned the fight over it by hedge fund moguls Carl Icahn, who is buying Herbalife shares, and Bill Ackman, who is betting against them.

Business Highlights | AP Business Headlines | Dallas Business, Texas Business,...

97 days ago

Icahn, for his part, disclosed in a regulatory filing late Thursday that he had taken a 13 percent stake in the company, essentially betting that Ackman is dead wrong.

News Summary: S&P 500 extends streak of gains

97 days ago

Icahn's nemesis, hedge fund manager Bill Ackman, has described the company as a pyramid scheme and bet the stock would fall.

Stocks edge lower; Walmart pulls down the Dow

97 days ago

The stock of the dietary supplement company slumped last year after Pershing Square Capital Management's William Ackman described it as a massive pyramid scheme and placed bets that it would fall.