Shares in Pershing Square, a fund run by activist investor Bill Ackman, opened down 2 percent on their Amsterdam debut on Monday.» Read More
Ackman's Pershing Square Holdings fund has risen 27.2 percent after extending its gains modestly while many hedge fund managers suffered losses.
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.
Aug 1- Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating securities laws by using insider information as they prepared a takeover bid for the drug company.
BOSTON, July 31- Billionaire investor William Ackman called himself his "own worst enemy" in reviewing why last week's much hyped presentation on Herbalife Ltd.' s nutrition clubs failed to deliver the "death blow" he had originally promised.
Herbalife sells nutrition supplements but continues to be the target of Bill Ackman, as he alleges that the company is actually a pyramid scheme.
*Merck rises as results beat expectations, but Pfizer slips. Windstream Holdings jumped 12.8 percent to $11.88 in its busiest trading day on record after the company filed to spin off assets into a tax-efficient publicly-traded real estate investment trust.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks rose Tuesday on news about a spinoff in the telecommunications sphere that sent most stocks in the sector soaring and on better-than-expected results from Pfizer and Merck.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks were set to rise slightly at the open on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on consumer sentiment. Pfizer's higher-than-expected second-quarter earnings were helped by growing sales of its cancer medicines.
Herbalife slumped after posting quarterly results that fell short of estimates. Revised revenue guidance was also below projections.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stock index futures edged higher on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on home prices and consumer sentiment.
Some of the names on the move ahead of the open.
Markit's list of most shorted stocks announcing earnings this week includes several familiar consumer names.
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.
*Dollar Tree offers to buy Family Dollar; deal valued at $9.2 bln. Dollar Tree Inc offered to buy rival discount chain Family Dollar Stores Inc for about $8.5 billion. Zillow Inc agreed to buy Trulia Inc for $3.5 billion in stock in a deal that would combine the two most popular U.S. real estate website operators Trulia's shares jumped 15.4 percent to $65.04.
Check out which companies are making headlines after the bell Monday.
July 28- Herbalife Ltd, a maker of weight-loss and nutritional products, reported a 17 percent drop in quarterly profit as costs rose, sending its shares down 7 percent after the bell. Net income fell to $119.5 million, or $1.31 per share, in the second-quarter ended June 30, from $143.2 million, or $1.34 per share, a year earlier. Revenue rose 7 percent to $1.31 billion.
CNBC contributor Herb Greenberg provides instant analysis to Herbalife's quarterly numbers.
Herbalife is reporting Q2 EPS of $1.55 ex-items on revenue of $1.31 billion, with CNBC's Bertha Coombs and Kelly Evans.
Jim Cramer sees plenty of money making opportunities scattered across almost every sector of the market. Here's what's on his calendar.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.