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  • *Elliott Associates may nominate directors to Hess board. Jan 28- Hess Corp on Monday announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.

  • *Hess to close New Jersey refinery. Jan 28- Hess Corp announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.

  • The argument centered on nutritional supplements company Herbalife Ltd, in which Ackman has had a well-publicized short position that Icahn has slammed. In a tirade that included expletives, Icahn said he would never invest with Ackman and predicted investors in his Pershing Square hedge fund would lose a lot of money on the Herbalife bet.

  • Bill Ackman and Carl Icahn

    One of the most amusing comments to come out of the entire Ackman-Icahn spat was the revelation that the two agreed to "schmuck insurance." So I'm thinking of starting a company called Schmuck Insurance.

  • The feud between Carl Icahn and hedge fund manager Bill Ackman goes back a decade ago, with CNBC's Scott Wapner.

  • CNBC's Kate Kelly says the Herbalife saga will continue and the real source of animosity between Ackman and Icahn is a deep personal dislike for each other.

  • Carl Icahn accuses hedge fund manager Bill Ackman of "pumping and dumping," and Ackman comes back at him, with the "Street Signs" crew.

  • Carl Icahn says hedge fund manager Bill Ackman "has one of the worst reputations on Wall Street." CNBC's Kate Kelly and Robert Frank, weigh in.

  • Discussing whether Hedge Fund manager Bill Ackman or Carl Icahn made the better case today. This is what happens when business goes bad, says Wapner.

  • CNBC's Scott Wapner and the "Power Lunch" crew discuss what Hedge fund manager Bill Ackman and Carl Icahn had to say to one another regarding Ackman's Herbalife short.

  • Carl Icahn (L), Bill Ackman (R)

    Bill Ackman/Carl Icahn clash was so mesmerizing that virtually all productivity on Wall Street stopped. Twitter lit up with reactions, and CNBC started trending.

  • Hedge fund manager Bill Ackman and Carl Icahn, spoke out on the "FMHR," about Herbalife. CNBC's Jim Cramer and the "Power Lunch" crew, discuss the mechanics of the stock versus the way the company is structured, and what the motivation for a position in this company is.

  • CNBC's Scott Wapner discusses details from the conversation between Hedge fund manager Bill Ackman and Carl Icahn. CNBC's Jim Cramer, Herb Greenberg and the "Power Lunch" crew, weigh in. (9:26)

  • Hedge fund investors Carl Icahn and Bill Ackman slugged it out on CNBC live over Herbalife and other deals. Who won the bout?

  • Bill Ackman and Carl Icahn square-off live and insult each other on CNBC's "Fast Money Halftime" over a past deal gone bad and disagreements about current investments in Herbalife. This is the complete, unedited conversation. (27:39)

  • Hedge fund manager Bill Ackman responds to criticism from Carl Icahn for his short position in Herbalife. Ackman also explains why he stands by Ron Johnson's vision for JC Penney.

  • Neel Kashkari

    The so-called Troubled Asset Relief Program has neared the end of the road. And its key architects have moved on.

  • Bill Ackman CEO of Pershing Square Capital Management LP.

    Billionaire activist investors Carl Icahn and Bill Ackman are at it again.

  • LONDON, Jan 25- Hedge fund short-sellers have hoovered up nearly all available shares in Peugeot in their scramble to bet the French carmaker will be an early victim in an industry struggling to overcome a collapse in European sales.

  • *Doug Whitman convicted on Google, Marvell, Polycom trades. NEW YORK, Jan 24- California hedge fund manager Doug Whitman was sentenced on Thursday to two years in prison, after he became the first defendant in a broad U.S. crackdown on insider trading to take the stand to convince jurors of his innocence.

NetNet With John Carney