Pershing Square

Shares of McDonald's Corporation (NYSE: MCD) spiked over 2 percent after Pershing Square’s Bill Ackman declined to comment on Bloomberg TV regarding a rumored stake in the company. Ackman felt that "if McDonald's was run as well as Burger King, McDonald's [shares] would...

Speaking to Benzinga about a rumor that Pershing Square Capital Management CEO Bill Ackman wants McDonald’s Corporation (NYSE: MCD) to do a REIT spinoff, Morningstar Analyst RJ Hottovy said that he thinks McDonald’s management would push back on it. One reason Hottovy gave is that...

When asked about a rumor that Pershing Square Capital Management CEO Bill Ackman is seeking a REIT spinoff for McDonald’s Corporation (NYSE: MCD), Morningstar Analyst RJ Hottovy said that Pershing Square has a track record of pushing retailers with real estate assets to look at one of these...

When asked about a rumor that Pershing Square Capital Management CEO Bill Ackman is seeking a REIT spinoff for McDonald’s Corporation (NYSE: MCD), Morningstar Analyst RJ Hottovy told Benzinga that this is not the first time Ackman has tried to do this. Pershing Square urged McDonald...

Q3 SEC 13F filings from large fund managers show significant interest in Alibaba Group Holding Ltd (NYSE: BABA). Below are fund manager's Alibaba ownership stakes from the 13F filings. Third Point 7.2 million shares acquired. Valued at $639.72 million as of end of Q3 and would be worth...

Morgan Stanley upgraded Zoetis Inc (NYSE: ZTS) from Underweight to Equal-Weight and raised its price target from $32 to $48 on Wednesday. The upgrade came after news that Pershing Square had acquired a stake in the company. Analysts led by David Risinger expected "Pershing Square to push...

After plummeting at the opening bell, Allergan, Inc. (NYSE: AGN) spiked higher Wednesday as Bloomberg reported that Actavis Plc (NYSE: ACT) was in talks to acquire Allergan "for at least $60 billion, or more than $200 a share." The report noted that the "companies may be able to...

It was reported Tuesday that activist investor Bill Ackman has accumulated a "roughly $2 billion stake" in Zoetis Inc (NYSE: ZTS). The stock spiked on the news, soaring nearly 10 percent. According to the report, Ackman “could push the animal-health company to sell itself...

Rail stocks began to move late Thursday after Bill Ackman of Pershing Square made a comment at Invest for Kids in Chicago. According to reports, Ackman commented that Canadian Pacific may be looking to merge with a rival of CSX in the wake of a deal with CSX falling through. Shares of CSX...

Like the "death blow" he promised to Herbalife Ltd. (NYSE: HLF) in July, Bill Ackman's initial public offering of his Pershing Square Holdings failed to live up to its billings Monday as shares closed down nearly 10 percent below the net value of its assets. But that didn't...

Pershing Square, the hedge fund operated by Bill Ackman, on Monday morning listed and opened for trading on Euronext in Amsterdam. In an interview with Bloomberg News, Ackman noted that he wants Pershing to be like a Berkshire Hathaway, but that it essentially couldn't file in the United...

Shares of Allergan Inc. (NYSE: AGN) and Valeant Pharmaceuticals Intl Inc. (NYSE: VRX) are on the move Tuesday after hours following a report from the Wall Street Journal: Valeant, Pershing Square plan to boost Allergan bid by $15 a share to about $191/share http://t.co/QFRygASm5j @lizrhoffman...

On Tuesday after the market closed, Bill Ackman’s Pershing Square filed a 13D that outlined some updates to the fund's position on Platform Specialty Products Corporation (NYSE: PAH). The filing outlines that Ackman accumulated a 26.1 percent stake in the company; equivalent to 42,737,394...