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Making A Fortune With A Dollar: Trading Dollar General's Earnings
Tuesday, May 31, 2011 - 8:51am | 385Read More...Dollar General (NYSE: DG) is set to report earnings tomorrow before the bell, and with investors like Bill Ackman, and Nelson Peltz in the space in Family Dollar (NYSE: FDO), perhaps it is time that investors look at the ever growing dollar store space with the industry leader. The company is set...
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Bill Ackman Thinks You Can Get $70 For A Dollar
Thursday, May 26, 2011 - 7:36am | 489Read More...Speaking at the Ira Sohn Investment Conference yesterday, Pershing Sqaure's Bill Ackman gave out a passive idea that if he's right, will give you $70 for every dollar. Ackman was talking about Family Dollar Stores, Inc. (NYSE: FDO), which he believes has significant upside from these levels. The...
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Simon Property Group Continues Slide After Ackman Reveals Short Position (SPG)
Friday, April 8, 2011 - 11:37am | 166Read More...Simon Property Group, Inc (NYSE: SPG) shares are continuing to slide one day after Pershing Square's Bill Ackman announced he was short the name as a hedge to his position in General Growth Properties (NYSE: GGP). Ackman said that he did not have any qualms with how Simon Property Group was run as...
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Alexander & Baldwin Up 17% On Ackman Disclosure (ALEX)
Friday, April 1, 2011 - 10:25am | 80Read More...Alexander & Baldwin, Inc. (NYSE: ALEX) shares are soaring 17.1% today on news that Bill Ackman of Pershing Square has started an activist position in the name. Ackman and Pershing Square own a 8.6% stake in the company, owning 3,561,943 shares due to portfolio activity on March 21st....
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Pershing Square Has Monster February (GGP, HHC)
Thursday, March 3, 2011 - 12:49pm | 110Read More...DealBreaker has acquired Pershing Square's returns for February. The fund returned 3.4% during the month, and 3.1% net of fees. For the year, the fund is up 0.9%, 0.5% net of fees. Pershing Square, run by Bill Ackman, has large positions in General Growth Properties (NYSE: GGP) and Howard Hughes Co...
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Bill Ackman Raises Stakes In Fortune, J.C. Penney (JCP, FO)
Tuesday, February 15, 2011 - 9:18am | 394Read More...Legendary value investor Bill Ackman of Pershing Square Capital has raised his stake considerably in two companies he's gone activist against, Fortune Brands (NYSE: FO) and J.C. Penney (NYSE: JCP). Ackman raised his stake in Fortune, which is in the process of spinning off its home and security...
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Bill Ackman Added To J.C. Penney's Board (JCP)
Wednesday, February 9, 2011 - 3:17pm | 236Read More...Legendary investor Bill Ackman has joined the J.C. Penney (NYSE: JCP) board along with Vornado Realty CEO (NYSE: VNO) Steven Roth. Ackman spoke about what he would like to do with the 108-year old retailer at the Harbor Investment Conference last week, saying he sees vast potential for the...
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Two Investment Legends At The Harbor Investment Conference (GGP, HHC, JOE, C, GS)
Friday, February 4, 2011 - 5:00pm | 1480Read More...Bruce Berkowitz and Bill Ackman spoke at the Harbor Investment Conference yesterday and discussed a wide variety of topics, with the two legendary investors interviewing each other over a wide variety of topics. Berkowitz of Fairholme Capital, was interviewed by Bill Ackman, the conference's Co-...
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Bruce Berkowitz To Be On CNBC Tomorrow (JOE, AIG, CIT, SHLD)
Tuesday, February 1, 2011 - 2:06pm | 88Read More...David Faber has announced that Bruce Berkowitz will be on CNBC tomorrow to discuss various topics. His holdings include St. Joe (NYSE: JOE), American International Group (NYSE: AIG) and CIT Group (NYSE: CIT) among others. Berkowitz is set to speak at the Harbor Investment Conference this week,...
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Zings Of The Day (JCP, SLE)
Monday, January 24, 2011 - 4:55pm | 104Read More...J.C. Penney (NYSE: JCP) announced this morning it would be adding Bill Ackman and Steven Roth to its board of directors in an effort to create more shareholder value. Might I suggest carrying clothes I like? Sarah Lee (NYSE: SLE) received a joint bid from Bain Capital and Apollo Group, in excess...
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Now The Time To Enter J.C. Penney? (JCP)
Monday, January 24, 2011 - 9:00am | 488Read More...Legendary real estate investors William Ackman of Pershing Square Capital and Steven Roth, chairman of Vornado Realty Trust (NYSE: VNO) are going to be added to the board of directors at J.C. Penney (NYSE: JCP), as the struggling retailer seeks to improve its growth prospects. In addition to the...
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Will Bill Ackman's Borders Trade Work Out? (BGP, BKS)
Wednesday, January 19, 2011 - 3:54pm | 242Read More...Bill Ackman, the portfolio manager of Pershing Square Capital, has been lauded for some of his investments, most notably in General Growth Properties (NYSE: GGP) and Target (NYSE: TGT). One trade that isn't working out so well for the silver-haired investors is Borders Group (NYSE: BGP), the book...
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Bill Ackman Not Focused On J.C. Penney Real Estate (JCP)
Wednesday, January 5, 2011 - 1:37pm | 63Read More...Bill Ackman of Pershing Square Capital is not focused on J.C. Penney's (NYSE: JCP) real estate, but rather its operations, reports CNBC's David Faber. Faber said that Ackman's discussions have not been focused on any “quick deal," rather operational improvements for JCP to improve its earnings.
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Bill Ackman Sees Value In American Real Estate
Thursday, December 2, 2010 - 5:04pm | 333Read More...Bill Ackman of Pershing Square Capital is speaking at the Bloomberg 2010 Hedge Fund Conference and he is saying that Pershing is effectively a private equity firm, but Pershing doesn't buy control. It earns control of a company. He is saying that he has more sway because of turning a company...
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Fortune Brands Surging on Breakout Rumors (FO)
Friday, November 12, 2010 - 5:12pm | 138Read More...Shares of Fortune Brands Inc. (NYSE: FO) are surging higher in the after-hours after the company confirmed that it has been in talks with Pershing Square Capital about potentially breaking up the company. FO said that they have not made a final decision on the matter, but investors like what they...





