Bill Ackman, the billionaire founder of Pershing Square Capital Management, has an audacious plan to privatize Fannie Mae and ...

Ackman’s Pershing Square Capital bought $46 million in Hertz shares. The stock has now nearly doubled in two days.

Hertz Global Holdings Inc. shares had their biggest gain ever after CNBC reported that Pershing Square Capital Management had ...

Hertz Global shares are jumping 25%, adding to Wednesday's 56% surge, as traders continue to welcome news that billionaire investor Bill Ackman's Pershing Square hedge fund has [accumulated a stake of ...

Billionaire Bill Ackman's Pershing Square Capital Management has purchased more than 12.7 million shares of Hertz Global Holdings stock, according to a Wednesday SEC filing.

Even though Hertz's gains on Wednesday were massive, the car rental company's stock isn't a stranger to such eye-watering ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

Bill Ackman has outperformed the stock market over the past five years with Pershing Square Capital Management. The hedge ...

Ackman wrote that such instruments, and the overuse of leverage in general — could be a danger to the health of financial ...

Bill Ackman says every US corporation with a supply chain based in China is seeking to move it to countries that are likely ...