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William Ackman

Procter & Gamble brings back A.G. Lafley as CEO

The pressure stepped up last July, when activist investor William Ackman took a 1 percent stake.

Ackman applauds call for Herbalife investigation

Hedge fund manager William Ackman is applauding a consumer group's push for the Federal Trade Commission to investigate whether Herbalife is a pyramid scheme.

Icahn increases stake in Herbalife

The investor has been in a very public dispute with hedge fund manager William Ackman over the company.

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

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...

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That's how Carl Icahn characterizes the latest turn in his clash with fellow Wall Street titan William Ackman.

Stocks edge lower; Walmart pulls down the Dow

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.

Filing shows Icahn holds stake in Herbalife

The divide between billionaire investors Carl Icahn and William Ackman is getting deeper.

Correction: Earns-Procter & Gamble story

Investors, most notably activist William Ackman, who took a 1 percent stake in P&G in July, have been vocal about the company's need to streamline operations and grow market share globally.

Herbalife defends itself against Ackman's claims

The defense put forth Thursday comes a few weeks after Pershing Square Capital's Ackman alleged Herbalife Ltd. was a pyramid scheme and that he was shorting the stock.

News Summary: Report says SEC probes Herbalife

Last month, Pershing Square Capital Management's William Ackman said he was shorting the stock for several months after concluding that the company is a pyramid scheme.

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NEW YORK: Ackman applauds call for Herbalife investigation

In a statement late Tuesday, Pershing Square Capital Management's Ackman said that he was...