by Admin | Mar 15, 2016 | Companies, News
Valeant Pharmaceuticals International Inc.’s shares dropped 50% today after the company announced it will delay filing its annual report. The delay puts Valeant in danger of defaulting on its $30 billion debt. Bill Ackman, whose Pershing Square Capital Management owns...
by Admin | Jun 19, 2015 | Companies, News
It’s no secret that businesspeople working in high-stakes finance positions and hedge funds have to be somewhat cut-throat to get ahead. Dan Loeb, Bill Ackman, and Carl Icahn are some of the most successful American businessmen working in hedge funds today, and they...
by Admin | May 16, 2014 | Companies
Hedge fund activists, or activist investors, often make headlines in the world of business for their begrudged presence in major global corporations. But being an activist is a good thing, right? If you’re the CEO of a large company with a floundering profit margin,...