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FOX Business: Capitalism Lives HereThe S&P 500 slid more than 1% this week in its first weekly loss in five amid worries about when the Fed will begin tapering its vast asset-purchase program.Today's MarketsThe Dow Jones Industrial Average rose 8.6 points, or 0.06%, to 15303, the S&P 500 dipped 0.91 point, or 0.06%, to 1650 and the Nasdaq Composite slipped 0.28 point, or 0.01%, to 3459.For the week, the Dow fell 0.33% and the S&P and Nasdaq slid 1.1%. The market's seemingly endless rally has taken a breather this week. The broad S&P 500 is off 1% for the week as worries swell about when the Federal Reserve will begin paring back its quantitative easing program and whether the world economy will be able to handle the shock when it does. "Asset market movements over the past two days have largely reflected increased expectations of Fed tapering, adding to concerns about global growth," analysts at Barclays wrote to clients. Even an upbeat data failed to halt the fall. The Commerce Depart...
Carl Icahn increased his stake in Herbalife Ltd. (HLF) to 16.5% from 15.9%, according to a regulatory filing.The activist investor is a high-profile defender of the ...
Herbalife Ltd. (HLF) recently halted plans for a debt offering that would have raised cash for stock buybacks after auditor KPMG LLP resigned earlier this month, Chi...
Herbalife Ltd.'s (HLF) first-quarter earnings rose 9.9% as the nutritional-supplements maker posted double-digit sales growth.Per-share earnings topped Herbalife's e...
J.C. Penney Co Inc has borrowed $850 million from its $1.85 billion revolving credit facility to help buy inventory as the department store operator revamps its busi...
J.C. Penney Co Inc said on Monday that it was borrowing $850 million from its $1.85 billion revolving credit facility to help buy inventory as the department store o...
Last week, when shares of J.C. Penney (NYSE:JCP) plunged and rumors about Herbalife (NYSE:HLF) going private surfaced, plenty of folks vilified Bill Ackman's Pershin...
This year's sell-off in gold has been harmful for dedicated gold-bugs like hedge fund manager John Paulson but it has also hit managers like David Einhorn who is bet...
As investors Carl Icahn and William Ackman bickered loudly on TV earlier this year about their opposing bets on Herbalife, two other men were discussing the company ...
J.C. Penney Co Inc board member William Ackman said on Thursday that he still believes the retailer's shares are worth $75 each, instead of the $15 they trade at now...
Corporate raiders take note: new research finds that financial services company Morgan Stanley and retailer J C Penney Co Inc are among the most vulnerable to hostil...
Bill Ackman, whose Pershing Square Capital Management is the largest shareholder of J.C. Penney Co. with a 17.8% stake, told trade publication Women's Wear Daily tha...
William Ackman's multiyear bet that he could overhaul ailing retailer J.C. Penney looks like it may end up being one of his $12 billion hedge fund's worst investment...
Shares of Procter & Gamble Co. climbed 3.4% in premarket trading Friday after the company announced the appointment of President and CEO Alan George Lafley. Lafley p...
FOX Business: Capitalism Lives HereU.S. stock-index futures trimmed losses Friday on a much stronger-than-expected report on durable goods orders, however, worries r...
FOX Business: Capitalism Lives HereThe markets fell on Friday despite stronger-than-expected data from the U.S. and Germany, leaving Wall Street at risk of snapping ...
Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a ma...
Soros Fund Management LLC disposed of stakes in banking giants J.P. Morgan Chase & Co. (JPM) and Morgan Stanley (MS) in the first quarter, while lowering its positio...
Activist hedge fund manager William Ackman reported slightly increased stakes in Burger King Worldwide Inc. (BKW) and Mondelez International Inc. (MDLZ), while parin...
Hedge-fund manager Bill Ackman, CEO of Pershing Square Capital Management, delivered a bullish presentation on Procter & Gamble Co. on Wednesday at the Ira Sohn conf...
