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William Ackman

Markets Post Weekly Loss, Snap Four-Week Streak

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...

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    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 ...

  2. Herbalife Dropped Plans For Debt Offering

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  6. Einhorn Could Have a Mining ETF Problem

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  8. Ex-KPMG Auditor Freed on $150,000 Bond in Tips-for-Cash Scheme

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  11. Ackman Says He's Not Abandoning Penney: Report

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  12. Ackman's J.C. Penney bet may need a buyer to save it

    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...

  1. Procter & Gamble Shares Rise After CEO Replacement

    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...

  2. Futures Pare Losses on Strong Goods Data

    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...

  3. Wall Street Extends Slump Despite Strong Data

    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 ...

  4. Procter & Gamble brings back former CEO to fix company

    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...

  5. Soros Fund Cuts Some Big Banks

    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...

  6. Pershing Square Reports Increased 1st-Quarter Stakes in Burger King, Mondelez

    Activist hedge fund manager William Ackman reported slightly increased stakes in Burger King Worldwide Inc. (BKW) and Mondelez International Inc. (MDLZ), while parin...

  7. Ackman Makes Bullish Case For Procter & Gamble

    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...

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