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Pershing Square's Ackman: Intrinsic value of P&G stock could hit $125 in two years

NEW YORK (Reuters) - William Ackman, chief executive of hedge fund Pershing Square Capital Management, said on Wednesday that the intrinsic value of consumer goods company Procter & Gamble's stock could reach $125 within two years.Full story

Herbalife says results will prove Ackman wrong

(Reuters) - Herbalife Ltd posted surprisingly strong quarterly earnings and raised its full-year profit forecast on Monday, putting pressure on high-profile investor Bill Ackman, who is betting against the nutritional products company. Full story

JC Penney hires Blackstone, Ackman willing to put up capital

NEW YORK (Reuters) - Troubled J.C. Penney Co Inc <JCP.N> has hired Blackstone Group LP's <BX.N> financial advisory arm to explore how best to position the firm financially, three sources said on Thursday, while key investor William Ackman said shareholders were willing to put up more cap Full story

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Articles

Ackman says believes in J.C. Penney, new CEO

Ackman likens Herbalife to company closed by regulators

York's Dinan squares off against Ackman over JC Penney

Pershing Square's Bill Ackman has a two aspirin kind of day

Icahn, others acquire stakes in Herbalife, taking on Ackman

Ackman worried if regulators would eye Herbalife

Rumble in the Wall Street jungle: Ackman, Icahn duke it out on TV

Ackman confident JC Penney CEO can turn around company: CNBC

Herbalife defends its honor as Ackman presses case

Pershing Square's Ackman shorts Herbalife; stock skids

Video

  What Herbalife Halt Means for Ackman & KPMG

CNBC's Kate Kelly takes a look at how Ackman's Pershing Square holdings are performing so far this quarter. And CNBC's David Faber reports on alleged insider trading by one of KPMG's former partners, with the "Squawk on the Street" news team.

  Why Ackman Won't Back Down

You don't become a billionaire without taking risks. CNBC's Scott Wapner and Kate Kelly discuss Ackman's latest choices.

  The Icahn/Ackman Herbalife Showdown

A preview of billionaire investor Carl Icahn's appearance on Fast Money Halftime Report today, and a discussion about what could be motivating both Icahn and Ackman regarding their positions of Herbalife.

  Ackman, Icahn slug it out on CNBC

Hedge fund manager William Ackman and investor Carl Icahn talk to CNBC’s Scott Wapner about a scathing news release by Ackman questioning his Icahn’s integrity over the Herbalife investments.

  Ackman, Icahn have epic battle on CNBC

Bill Ackman and Carl Icahn discuss their feud and Ackman's aggressive short of Herbalife in an interview with CNBC's Scott Wapner. Watch the entire interview.

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Related Photos

File photo of Ackman, CEO of Pershing Square Capital Management LP talking to reporters before AGM of CP Rail in Calgary
File photo of Ackman, CEO of Pershing Square Capital Management LP talking to reporters before AGM of CP Rail in Calgary

William Ackman, Chief Executive Officer of Pershing Square Capital Management LP talks to reporters before entering the AGM of Canadian Pacific Railway Ltd. in Calgary in this May 17, 2012, file photo. Ackman's multiyear bet that he could overhaul ailing retailer JC Penney looks like it may end up b

Founder and Chief Executive Officer of Pershing Square Capital Management LP Ackman speaks during the Sohn Investment Conference in New York
Founder and Chief Executive Officer of Pershing Square Capital Management LP Ackman speaks during the Sohn Investment Conference in New York

Founder and Chief Executive Officer of Pershing Square Capital Management LP Bill Ackman speaks during the Sohn Investment Conference in New York, May 16, 2012. REUTERS/Eduardo Munoz

File photo of Ackman, CEO of Pershing Square Capital Management LP entering the AGM of Canadian Pacific Railway Ltd. in Calgary
File photo of Ackman, CEO of Pershing Square Capital Management LP entering the AGM of Canadian Pacific Railway Ltd. in Calgary

William Ackman, Chief Executive Officer of Pershing Square Capital Management LP arrives at the AGM of Canadian Pacific Railway Ltd. in Calgary in this May 17, 2012, file photo. Hedge fund manager Ackman, best known for taking big positions in stocks in hopes of pushing for management changes, is ta