Ailing car rental company Hertz (HTZ) got a big boost from billionaire investor Bill Ackman disclosing a 20% stake in HTZ ...

But Ackman's gamble on the beleaguered rental company goes beyond its fleet of assets, and the belief that Hertz can get to ...

Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...

Bill Ackman, the billionaire hedge fund titan behind Pershing Square Capital Management, is in contract to sell one of his ...

Hertz Global Holdings (HTZ) is back in the headlines, with its stock price doubling since last week. The catalyst? Bill ...

Hertz Global Holdings Inc. shares had their biggest gain ever after CNBC reported that Pershing Square Capital Management had ...

Pershing Square Holdings generated a solid NAV performance of 10.2%, and a 8.3% total shareholder return. Click here to read ...

Bill Ackman missed out on a $3.4 billion gain by selling Netflix stock too early in 2022, as the streaming giant has since surged over 160% and is now viewed as a resilient play amid recession fears.

President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could ...

Hertz Global Holdings shares picked up momentum heading into Wednesday's close and have continued to move higher in ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...