Bill Ackman tells CNBC that his losses from betting against Herbalife have been "more than cut in half" based on the recent downturn of the company's stock.» Read More
As part of the deal, the board "reaffirmed its overwhelming support" for CEO Myron Ullman and Chairman Thomas Engibous, who had been targeted by Ackman.
J.C. Penney and hedge fund Pershing Square's Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer, a source said on Monday.
Starbucks CEO Howard Schultz on Friday had choice words for activist investor Bill Ackman and his very public campaign to change J.C. Penney's leadership team.
If you have followed the J.C. Penney's media soap opera, you know the "Bill Ackman TV trade" is a losing one, said retail analyst Stacey Widlitz.
The battle over Herbalife intensified as George Soros has taken a large long position in the nutritional supplements maker, according to sources.
At 77 years old, activist investor Carl Icahn has traded in his axe for a Warren Buffett-like investment style.
Carl Icahn has found something else where he can beat Bill Ackman. The billionaire was the first of the two to make it to Twitter.
"Squawk Box" hit the road this week from the HP tech conference in Vegas to the US Open -- with a whole lot of, um, Squawkward moments in between!
Hedge fund bigwig Paul Tudor Jones trades in some offensive banter; the Fed taper caper continues to obsess the markets; P&G shelves its much-criticized CEO.
Outgoing Procter and Gamble CEO Bob McDonald told employees he will retire due to the "distraction" of all the attention focused on him from "several angles."
A.G. Lafley's return as boss at P&G will be beneficial to the company because he "knows where the bodies are buried," management expert Jeffrey Sonnenfeld tells CNBC.
"Talking Squawk" coming at ya! From your Fed-Chairman-Ben-Bernanke-to-English-Dictionary to the Back-to-the Future move at P&G, this blog is where to get everything "Squawk Box."
Herbalife earnings beat expectations for a 17th straight quarter but its second-quarter outlook fell short.
George Soros disclosed a huge stake in JC Penney, and one big options trader is using the news as a reason to get into the stock.
Herbalife, maker of nutritional and weight loss supplements, said Thursday that two representatives of billionaire investor Carl Icahn will join its board of directors.
Herbalife has already provided one of the best stock market dramas in years. Now, through no fault of its own, it could become a catalyst for change in the auditing profession. The NYT reports.
Ron Johnson's plush taste, against-the-grain ideas and controversial partnership deals all played a hand in his downfall at JC Penney after 17 months. The NYT reports.
George Soros has asked to withdraw hundreds of millions of dollars from Bill Ackman's Pershing Square, according to a WSJ report.
Blogging tidbits, insights, and some sarcasm on the WEEK THAT WAS and the WEEK TO COME from the notepad of the senior executive producer of "Squawk Box."
Carl Icahn boosts his stake in Herbalife to 15.55 percent, according to a regulatory filing.