In the aftermath of the housing market bubble, the federal government placed Fannie Mae and Freddie Mac under a financial ...

Political challenges stand in the way of the president-elect pulling off what the hedge fund manager called “the biggest deal ...

Keefe Bruyette says Bill Ackman, CEO of Pershing Square, this morning a presentation on detailing his investment thesis for Fannie Mae (FNMA) ...

Communications services companies rose as traders bet on further consolidation in the sector. Universal Music Group plans to launch a U.S. offering of some shares owned by Bill Ackman's Pershing ...

Billionaire investor Bill Ackman has thrown his weight behind former hedge fund manager Whitney Tilson in the fiercely ...

After a selling spree last year, Buffett and his team at Berkshire are sitting on $325 billion in cash and short-term ...

The nominee to lead Federal Housing Finance is head of Pulte Capital Partners, which invests in homebuilding related businesses.

Shares in Universal Music, the world's largest record label, could soon be listed on a U.S. exchange, as a result of a $500 million stock offering by Bill Ackman's Pershing Square. The hedge-fund ...

Tech veteran John Chambers agrees with Nvidia and Meta's chief that quantum computing is a longer-term prospect. This is ...

The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.