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Billionaire investor Bill Ackman says he has not been contacted by the FBI...

Billionaire investor Bill Ackman said he had not been contacted by federal agencies investigating possible manipulation of Herbalife Inc’s stock, and reiterated his stance that the company was running...

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Now there’s an ETF that lets you invest like Carl Icahn and Bill Ackman — on...

Looks like Carl Icahn and Bill Ackman have more in common than Herbalife now. Their activist conquests will soon be tracked by the new Global X Guru Activist Index ETF (ACTX), which aims to ride the...

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Bill Ackman says China’s stock market is more ‘frightening’ than Greece and...

Bill Ackman, the billionaire hedge fund manager who runs Pershing Square Capital Management, said China is a far bigger concern to markets than Greece and that the country’s stock market scares him....

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Bill Ackman takes US$5.5 billion stake in Oreo cookie maker Mondelez...

Activist investor William Ackman’s hedge fund has built a stake worth about US$5.5 billion in Mondelez International Inc, the maker of Cadbury chocolate and Oreo cookies, in what is seen as an attempt...

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Five things you should know before you start your workday

Good morning. I know it feels like Thursday because you had Monday off. But yes, it’s Friday. Here’s your cheat sheet to Friday morning’s FP. 1. Some businesses really, really don’t like the corporate...

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Bill Ackman among investors feeling Valeant Pharmaceutical Inc’s pain with...

A long list of prominent investors, including hedge fund star Bill Ackman and the managers of the Sequoia Fund, made billions of dollars in paper gains as Valeant Pharmaceuticals soared over the past...

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Top Valeant Pharmaceuticals International Inc holder Bill Ackman to discuss...

Bill Ackman, the billionaire activist investor, will discuss his holding in Valeant Pharmaceuticals International Inc. on a conference call with other investors Friday. Ackman’s fund, Pershing Square...

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Is the hate for short-sellers justified as Canadian companies like D+H,...

MONTREAL — For the second time in less than a week, a Canadian company has found itself in a short-seller’s cross-hairs — and fired back. On Tuesday, Toronto-based technology company D+H Corp. took a...

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Valeant Pharmaceuticals International Inc, investor Bill Ackman continues...

In 1963, a New Jersey-based vegetable oil company took advantage of a very simple truth to defraud investors: it floated oil on top of water to make its shipments of salad oil appear fuller than they...

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Andrew Left, the short seller who unleashed storm around Valeant, dismisses...

Andrew Left, the short seller who unleashed the storm around Valeant Pharmaceuticals International Inc., is quick to swat away all the good things billionaire William Ackman has to say about the...

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Charlie Munger says Valeant Pharmaceuticals’ practices ‘deeply immoral’ and...

Charles Munger saw it coming, and now he’s shaking his head. Months before Valeant Pharmaceuticals International Inc. tumbled under attack from short sellers, Munger told investors in Los Angeles the...

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When it comes to short-selling, flair for the dramatic growing in importance

MONTREAL — Once, the notorious short-seller Joseph Granville took to the stage, in a room full of investors, waving a hand grenade to illustrate the volatility of the market. Known for live seminars...

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Valeant Pharmaceuticals International Inc continues freefall amid mixed...

MONTREAL — Shares of Valeant Pharmaceuticals International Inc. were hammered on Thursday following less-than-confident statements to the media by Bill Ackman, CEO of the company’s second-largest...

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Bill Ackman fires back at Charlie Munger’s Valeant critique by calling out...

The symposium at the Museum of American Finance was billed as en event commemorating Warren Buffett’s 50 years leading Berkshire Hathaway Inc. and the billionaire’s “exceptional management and savvy...

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Valeant Pharmaceuticals Inc, Bill Ackman must face U.S. lawsuit alleging...

A U.S. judge said Valeant Pharmaceuticals International Inc and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an...

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Bill Ackman raises Valeant stake to 9.9% in show of commitment to embattled...

Bill Ackman’s fund raised its stake in Valeant Pharmaceuticals International Inc. to 9.9 per cent in a series of transactions starting in October, underscoring the activist investor’s commitment to the...

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Norfolk Southern to woo shareholders as it ramps up fight against Bill...

Norfolk Southern Corp. is meeting with investors this week to promote its new operating plan as part of an effort to convince them that it’s doing the right thing in shunning a takeover by Canadian...

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Hunter Harrison is the key to Canadian Pacific Railway’s merger plan — and...

Canadian Pacific Railway Ltd.’s takeover bid for Norfolk Southern Corp. rests on the assumption that CEO Hunter Harrison is a railroading Midas who turns everything he touches into gold. But as the...

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Powerball winner may get peek into rarefied world of family offices for the...

The Powerball prize won’t instantly make its winner a billionaire, after taxes. What the US$1.5-billion jackpot can provide a single champion is a shot at using the same tool that Alphabet Inc....

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Bill Ackman says he made ‘very costly’ mistakes in 2015 that led to the...

BOSTON — Sitting on a double-digit loss that is the deepest in his firm’s history, billionaire investor Bill Ackman on Tuesday told investors that he made mistakes last year in not cutting two big...

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