Truth Gundlach strikes again; Leon Cooperman has some strong words for Bill Ackman; Trump is worth $2 billion to Twitter; Marilyn Monroe sex dolls are not kosher; and more.
Lee Cooperman, a billionaire hedge fund manager, doesn't like the way another billionaire hedge fund manager, Bill Ackman, is approaching his latest big investment. Ackman runs Pershing Square, an activist fund which takes positionsShow More Summary
Bill Ackman has another bold numerical prediction.
Bill Ackman's Pershing Square laid out its proposal for unlocking shareholder value at ADP.
Pershing Square, an activist hedge fund run by Bill Ackman, recently took a stake in ADP. ADP's board includes the dean of Columbia Business School, Glenn Hubbard. Pershing Square has close ties to the dean's school, donating hundreds...Show More Summary
Activist investor William Ackman laid out his case for changes at Automatic Data Processing Inc on Thursday, saying the payroll processor needs to improve its profit margins and integrate its business lines. Ackman 's hedge fund Pershing Square Capital Management disclosed earlier this month an 8 percent holding in the $50 billion U.S. Show More Summary
The ADP-Pershing Square battle is going about as expected.
Carlos Rodriguez, CEO of payroll processor ADP, likened activist investor Bill Ackman to a "spoiled brat" who wants a schoolteacher to give him an extension, adding "I'm directly saying he doesn't know what he's talking about." Sitting...Show More Summary
Carlos Rodriguez just delivered a verbal curb-stomping on the Ack-Man.
In a Thursday morning interview with CNBC, Carlos Rodriguez, CEO of Automatic Data Processing (ADP) described his interactions with hedge fund billionaire Bill Ackman of Pershing Square Capital. Ackman, he said, reminds him "of a spoiled...Show More Summary
And, in his ADP nominees, it shows.
The hedge fund nominated three directors including Bill Ackman to join the ADP's board of directors. The company on Friday said Pershing Square Capital Management was seeking five seats on its 10-member board and requested a deadline extension.
Leon Cooperman is - once again - the sexy face of summer.
Activist investor Bill Ackman has opened a fight for control of the payroll processing company ADP and the ouster of its chief executive officer. ADP said Friday that Ackman's Pershing Square... To view the full story, click the title link.
If you're wondering what billionaire activist Bill Ackman plans to do with ADP, these analysts outline three possible scenarios, and aggressive margin expansion tops the list.
Billionaire activist investor Bill Ackman wants to shakeup things up at Automatic Data Processing. ADP says, "No thanks!" The stock is jumping.
Hedge fund billionaire Bill Ackman is trying to shake up the management of his latest target, ADP, the New Jersey-based provider of payroll and benefits services. Ackman's hedge fund, Pershing Square, wants to replace five board members as well as the company's chief executive, according to a press release issued by ADP. "Mr. Show More Summary
Hedge fund manager Bill Ackman is launching a hostile bid to seize control of human resources software company ADP.
Despite recent reports that hedge fund titan Bill Ackman has taken a position in Automatic Data Processing, short interst in the stock hit a historical high yesterday.