Topic: Pershing Square Capital Management LP
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 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 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.
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.