Ackman calls Herbalife a 'pyramid scheme'
Hedge fund manager Bill Ackman outlined why he and his team of analysts have dubbed the nutritional supplement company Herbalife (HLF) as a "pyramid scheme" at a conference in New York Thursday...
View ArticleHerbalife comes out swinging
It's Herbalife's turn. As hedge fund titans Bill Ackman and Dan Loeb square off over the company's sales practices, the company's top executives played defense. "We are confident that you will see that...
View ArticleAckman and Icahn duke it out over Herbalife
Hedge fund titans Bill Ackman and Carl Icahn squared off over Herbalife (HLF) Friday afternoon. And it was like a scene from a kindergarten playground. For 30 minutes, the two lobbed insults at each...
View ArticleJC Penney ensnared in hedge fund games?
JC Penney's latest tangle has many folks speculating about whether there's another hedge fund battle brewing. The retailer said it received a Notice of Default from law firm Brown Rudnick, which...
View ArticleWanna invest like Buffett? There's an app for that
Who doesn't want to be a billionaire? A new app, aptly named iBillionaire, won't turn you into one. But it makes it easier for you to invest like one. iBillionaire, which launched Wednesday, tracks...
View ArticleStocks: 2013 is one for the record books.
Here's a fun fact: The stock market, as measured by the S&P 500 (SPX), had its strongest performance this year since the Wolf of Wall Street roamed lower Manhattan. The broad market gauge has...
View Article5 investing tips from hedge fund titans
Some of the world's most successful hedge fund managers gathered in Manhattan on Monday to share their investing strategies on everything from the U.S. housing market to when to do business with...
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