We thought we would just circle back to Wednesday's Valeant Pharmaceuticals hearing in the US Senate to pull out a very important, and candid, quote from billionaire investor and board member, Bill Ackman. It tells you two things, how...Show More Summary
The crowding phenomenon comes amid a backdrop of turbulence for the hedge fund industry, where some of the biggest names have reported double-digit losses.
Senator Elizabeth Warren got to one of the most important unanswered questions about Valeant Pharmaceuticals when its executives and major shareholder Bill Ackman testified before the Senate on Wednesday. It's a question that the company...Show More Summary
While Valeant Pharmaceutical executives and hedge fund billionaire and company board member Bill Ackman were getting grilled by US Senators, the company dropped an important filing It turns out that the new CEO, Joe Papa, who startsShow More Summary
Valeant Pharmaceuticals' outgoing CEO Mike Pearson, the company's former interim CEO Howard Schiller, and board member and hedge fund billionaire Bill Ackman, are all testifying before the US Senate right now. They're answering questions...Show More Summary
Fresh off one of the biggest Wall Street drubbings in recent memory, Valeant Pharmaceuticals is in to Washington to defend itself against accusations the company is little more than a price-gouging, drug industry hedge fund of sorts...
In a few moments, a major showdown will take place in the Senate when on the same table Valeant's outgoing CEO Michael Pearson will sit next to Valeant's most prominent investor Bill Ackman and also the former CFO, Howard Schiller, who...Show More Summary
Hedge fund billionaire Bill Ackman will testify before the US Senate Special Committee on Aging on Wednesday. He's been called to speak about one of his major investments, Valeant Pharmaceuticals, and Massachusetts Sen. Elizabeth Warren...Show More Summary
On Monday, railroad Canadian Pacific disclosed that 99.4% of its shareholders voted to re-elect Pershing Square's Bill Ackman to the company's board of directors.
Hedge fund billionaire Bill Ackman will testify before the United States Senate on Wednesday, answering questions about his relationship with Valeant Pharmaceuticals. Ackman sits on the board of the embattled company, and is one of its major shareholders. Show More Summary
Over a turbulent few years, the Herbalife controversy has transfixed the business community. The L.A.-based nutrition company has been at the center of a high-stakes play involving the hedge-fund manager Bill Ackman, who has alleged the company operates as a Ponzi scheme and staked a $1-billion...
Keep your nouveau hoodies!
Activist hedge fund investor Bill Ackman is not done sparring with Herbalife. His latest effort to bring down the nutritional supplement company, on which he is betting $1 billion, debuted last week... To view the full story, click the title link.
Bill Ackman Is a Star at Tribeca Film Festival, Even As He’s Losing Billions; Bellagio Named Favorite Hotel Of The Rich; Bros Fake Zombie Apocalypse For Drugged Sister’s Ride Home From Surgery; and more.
In one of the more surreal events in Bill Ackman’s now almost four-year battle to take down diet-shake seller Herbalife, the New York billionaire found himself in a weathered church in Chicago's South Side on a bitter January night in 2015. As the snow fell outside, the hedge-fund titan worked... More »
When people talk about the historic collapse of Valeant's stock price (down 65% this year), the first name that usually comes to mind is that of Bill Ackman whose Pershing Square has been one of the biggest investors in VRX stock and...Show More Summary
So many lessons.
Re: How one of his funds lost 25% in the first quarter of 2016.