Topic: Bill Ackman

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J.C. Penney's surprise investor: George Soros

J.C. Penney's shares rose 6 percent Thursday, after billionaire financier George Soros revealed he owns almost 8 percent of the troubled retailer.
Stocks rise as S&P 500 extends streak

Stocks closed higher on Wall Street Friday with the Standard & Poor's 500 ending the week nearly two points higher. Investors have piled into stocks at the beginning of the year after lawmakers reached a last-minute deal to avoid the "fiscal cliff."
Carl Icahn, Bill Ackman: Bickering billionaires go public

Carl Icahn and fellow billionaire faced off on CNBC. At the core of the Carl Icahn-Bill Ackman dispute is disagreement over the prospects of nutritional supplements company Herbalife.
Stocks up; S&P 500 hits five-year high

Stocks closed higher on Wall Street Thursday, sending the S&P 500 index to another five-year high. A good start to earning reports season helped push stocks up.
Happy Friday! JPMorgan launches stock market rally

Showing a vote of confidence in JPMorgan Chase Friday, relieved investors drove up bank stocks, ended a six-day losing streak for the market and sent the Dow Jones industrial average up 204 points, the best day this month, to close at 12,777.
Burger King stock returns to the market

Burger King returns to the New York Stock Exchange Wednesday, two years after being taken private by owner 3G Capital. Only 16 percent of Burger King shares will be available for trading once the company returns to public life.
Borders bankruptcy will close about 200 stores

Borders bankruptcy comes at a time when the company reports $2 million in losses each day at the stores it plans to close.