How Pershing Square found success at Canadian Pacific Railway Unique circumstances led to a remarkable change in performance at CP In 2011, Pershing Square Capital Management, an activist hedge fund founded by William (Bill) Ackman, acquired some 14.2% of Canadian […]
Investments that drove up Pershing Square’s return in the third quarter included Herbalife Ltd. (NYSE:HLF), Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP), Allergan, Inc. (NYSE:AGN) and Burger King Worldwide Inc (NYSE:BKW). Howard Hughes Corp (NYSE:HHC) and Platform Specialty Products Corp (NYSE:PAH). Fannie Mae / Federal National Mortgage Assctn Fnni Me […]
The stock markets in the United States dropped as investors evaluate the global economic situation and the potential decision of the Federal Reserve regarding interest rate increases. Sign Up For Our Free Newsletter In a telephone interview with Bloomberg, Stephen […]
Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) attempted to initiate a merger discussion with CSX Corporation (NYSE:CSX) over the past week, according to Wall Street Journal based on information from people familiar with the matter. Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) […]
Dear Fellow Shareholder, Despite economic and political turmoil, equity markets performed well across the board in September of 2013 and over the trailing twelve months. The September gains reversed losses in August and also resulted in positive overall quarterly performance […]
Bill Ackman’s Pershing Square Capital Management filed its 13-F for the three months through September 2013 today. The filing showed that the managers long portfolio was worth $10.275 billion at the end of the quarter, down from $10.951 billion at […]
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