Wednesday, 17 December 2014
Last updated 11 hours ago
Oct 31 2011 | 9:06am ET
William Ackman has turned his activist eyes to one of Canada's legendary companies.
Ackman's Pershing Square Capital Management has bought a huge cache of Canadian Pacific Railway shares. The New York-based hedge fund owns the equivalent of 12.2% of the freight company, which owns tracks running from Montréal to Vancouver, as well as several U.S. branches, in stock and options.
Pershing Square bought up its stake last month. It said in a regulatory filing that it may engage in talks with management.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.