Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent ...

European shares rose on Friday but were on track for their biggest weekly fall in three months, as escalating global trade ...

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

European shares held steady on Friday but were on track for a weekly fall as escalating global trade tensions amplified ...

Among the blue-chip-laden Dow Jones Industrial Average (DJINDICES: ^DJI), the two worst-performing stocks in the month of ...

The president wants to punish schools like Columbia University for allowing campus protest. College megadonors don’t seem to ...

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

The banker added: “Volatility will be higher for longer, and that can only help in the convertible space. The higher the ...

Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that ...

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...

Howard Hughes Holdings extended its standstill agreement for Pershing Square Capital Management to buy a majority stake in the real estate company. The standstill agreement, which was initiated March ...