Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...

Howard Hughes Holdings extended its standstill agreement for Pershing Square Capital Management to buy a majority stake in the real estate company. The standstill agreement, which was initiated March ...

This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Paul Hilal founded Mantle Ridge in 2016. Before that, he ...

In his letter, Buffett emphasized the need to address mistakes quickly. He referenced his late business partner, Charlie Munger, who coined the term "thumb-sucking" to describe the danger of inaction ...

In an interview with The Wall Street Journal, Turner said HUD would work ... The two institutions ... Bill Ackman built a net worth of $9.3 billion by spotting promising opportunities.

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...