John Burbank, head of $4 billion Passport Capital, is bullish on innovative American companies.» Read More
BOSTON, Aug 4- Billionaire investor William Ackman's Pershing Square Holdings has risen 27.2 percent this year, according to an investor in the fund, after extending its gains modestly last month when many hedge fund managers suffered losses.
He has a very simple model which is to create shareholder value, says Steve MacMillan, Hologic president & CEO, discussing Icahn's stake in Hologic. He's clearly not a micromanager, says MacMillian.
Steve MacMillan, Hologic president & CEO, discusses the company's progress in developing 3D imaging technology. The benefit of this is you can catch the big stuff early, says MacMillian.
CNBC's Bertha Coombs reports Carl Icahn now holds just a 3.61 percent stake in Family Dollar.
CNBC's David Faber looks at shares of Family Dollar after Carl Icahn cut his stake in the company.
July 29- Activist investor Carl Icahn cut his stake in Family Dollar Stores Inc, a day after the company agreed to be bought by rival discount chain Dollar Tree Inc for $8.5 billion. Icahn said he was "determined" to dispose part of his stake rather than wait for the deal to close or for higher offers to emerge.
*Company to beat Dollar General as top N. America discount chain. July 28- Dollar Tree Inc agreed to buy rival discount chain Family Dollar Stores Inc for $8.5 billion to fend off growing competition from Wal-Mart Stores Inc and fellow discounter Dollar General Corp..
July 28- Herbalife Ltd, a maker of weight-loss and nutritional products, cut its sales outlook for the year after raising it three months earlier, sending its shares down 10.5 percent in extended trading.
Activist investor Carl Icahn said he is hopeful more potential buyers will surface for Family Dollar.
CNBC's David Faber breaks down the deal between Dollar Tree and Family Dollar for about $8.5 billion in cash and stock. Jim Cramer provides insight to the transaction.
July 28- Discount store chain Dollar Tree Inc offered to buy rival Family Dollar Stores Inc for about $8.5 billion, in a deal the companies said would create North America's leading discount retailer. Dollar Tree's offer of $74.50 per share in cash and stock represents a premium of about 23 percent over Family Dollar's close of $60.66 on Friday.
CALGARY/ VANCOUVER, July 23- Talisman Energy Inc shares rose more than 12 percent on Wednesday as it confirmed it has been approached by Spain's Repsol SA about potential deals, raising the prospect that one of Canada's largest independent oil companies will sell off major assets or be taken over.
Hedge fund billionaire John Paulson netted $1.3 billion on an M&A deal, and Carl Icahn and Bill Ackman are "trading places" on Herbalife, reports CNBC's Kate Kelly.
CALGARY, Alberta, July 23- Talisman Energy Inc said on Wednesday it has been approached by Repsol, a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company.
Bill Ackman fired his latest shot at Herbalife Tuesday, but the company's stock mostly rose during the investor's presentation.
Herbalife shares rose more than 17 percent to $63.29 in heavy volumes, more than recovering the losses made Monday after Ackman told CNBC he would expose Herbalife as an "incredible fraud" and deal the company a "death blow."
CNBC's Kate Kelly shares highlights from yesterday's Delivering Alpha conference, where many hedge fund managers were hot on the oil boom.
CNBC's Scott Wapner presided over the truce between billionaire Carl Icahn and hedge fund titan Bill Ackman over their Herbalife foray.
CNBC's Kate Kelly shares highlights from Wednesday's Delivering Alpha annual conference, including Ken Griffin's recollections of Citadel's battle back from the brink, and Leon Cooperman's insights on the markets.
The billionaire investors, who have been at odds over nutrition and diet company Herbalife, made up in public on Wednesday, ending a decade long feud that exploded on cable television 18 months ago.