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Bill Ackman Surprisingly Bullish
Wednesday, October 13, 2010 - 6:22am | 285Read More...Bill Ackman spoke at the Value Investing Congress yesterday, and the Pershing Square fund manager was surprisingly more bullish than most expected him to be. Ackman went on to say that the securitization market is coming back aggressively, and he said that banks are having trouble finding places to...
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Bill Ackman Says Summerlin Best Real Estate In Las Vegas (GGP)
Tuesday, October 12, 2010 - 4:52pm | 56Read More...Bill Ackman said at the Value Investing Congress that the Summerlin real estate owned by General Growth Properties (NYSE: GGP) is the best real estate in Las Vegas. GGP's spinoff Howard Hughes Co. owns Summerlin, and will also own South Street Seaport, which he sees tremendous value in.
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Bill Ackman Goes Into More Detail On His J.C. Penney Investment
Tuesday, October 12, 2010 - 4:50pm | 78Read More...Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09. Ackman loves J.C. Penney's strong balance sheet, great real estate, significant...
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Bill Ackman Says Banks Are Less Leveraged Now
Tuesday, October 12, 2010 - 4:49pm | 66Read More...Bill Ackman of Pershing Square Capital spoke at the Value Investing Congress, and said that the banks have marked down their books much more aggressively than in the past. He mentioned Citigroup (NYSE: C) and Bank of America (NYSE: BAC) as being two examples who have marked down books tremendously.
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Bill Ackman Goes Into More Detail On His J.C. Penney Investment
Tuesday, October 12, 2010 - 4:48pm | 78Read More...Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09. Ackman loves J.C. Penney's strong balance sheet, great real estate, significant...
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Bill Ackman Says Banks Are Less Leveraged Now
Tuesday, October 12, 2010 - 4:47pm | 66Read More...Bill Ackman of Pershing Square Capital spoke at the Value Investing Congress, and said that the banks have marked down their books much more aggressively than in the past. He mentioned Citigroup (NYSE: C) and Bank of America (NYSE: BAC) as being two examples who have marked down books tremendously.
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Bill Ackman Goes Into More Detail On His J.C. Penney Investment
Tuesday, October 12, 2010 - 4:46pm | 78Read More...Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09. Ackman loves J.C. Penney's strong balance sheet, great real estate, significant...
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Bill Ackman Says His View Has Been More Bullish Than Most
Tuesday, October 12, 2010 - 4:33pm | 67Read More...Speaking at the Value Investing Congress, Pershing Square's Bill Ackman said his view has been more bullish that most. Ackman said the securization market is coming back aggressively; he said banks are having trouble finding places to put money out. Bill Ackman thinks the stock market is still...
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Bill Ackman Bullish
Tuesday, October 12, 2010 - 4:30pm | 17Read More...Bill Ackman of Pershing Square spoke at the Value Investing Congress and is more bullish than most.
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What Ackman Sees In Fortune (FO)
Friday, October 8, 2010 - 1:58pm | 242Read More...When Bill Ackman, chairman of Pershing Square gets into a stock, he goes in in a big way, usually to restructure the company from a fundamental standpoint. He's done this with General Growth Properties, Inc (NYSE: GGP), and tried to do it with Target Corporation (NYSE: TGT), and Borders Group, Inc...
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Bill Ackman Looks to Foreclose on Stuyvesant Town-Peter Cooper Complex
Thursday, September 2, 2010 - 11:07am | 107Read More...Bill Ackman, of Pershing Square Capital, was just interviewed by Bloomberg leaving a New York courthouse regarding an investment he made in an apartment complex. He said that they wouldn’t have the investment if they did not believe that they understood to papers; he added that he was confident a...
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Benzinga Readers Save On Value Investing Congress; Sale Ends August 30
Tuesday, August 24, 2010 - 2:38pm | 138Read More...Benzinga readers interested in attending the Value Investing Congress held October 12 & 13, 2010 in New York City can save 30% using the discount code: N10BN1 when they enter their registration information. These savings expire Monday, August 30, so make sure to enter your information before...
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Bill Ackman Makes Changes To His Portfolio (H, YUM)
Monday, May 17, 2010 - 6:02pm | 97Read More...Pershing Square's Bill Ackman filed its 13-F after the close. Bill Ackman did not change his position in Borders Group (NYSE: BGP) or Landry's Restaurants (NYSE: LNY). Pershing Square sold its 2.7 million share position in Hyatt Hotels (NYSE: H). Ackman's new 13-F, shows a 15.2M share stake in Yum...
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Borders Group (BGP) Surges 33% On News Of Doubled Profits, Loan Repayment and Credit Agreement
Wednesday, March 31, 2010 - 7:52pm | 313Read More...Shares of Borders Group, Inc. (NYSE: BGP) surged in after hours trading after the book seller reported that 4th quarter profits more than doubled and that it repaid a $42.5 million loan from the company's largest investor, William Ackman's investment firm Pershing Square. Benzinga reported this...
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Borders Repays $42.5M Loan To Pershing Square-Sources
Wednesday, March 31, 2010 - 3:57pm | 53Read More...Borders Group (NYSE: BGP) has reportedly paid back the $42.5 million loan to Bill Ackman's Pershing Square. Borders also gets an extension to the credit agreement that had been scheduled to mature in July, 2011. Borders also receives a new $90 million second lien loan, according to Reuters.
