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Ackman buzz jolts 2 stocks

Hedge fund mogul Bill Ackman may be smarting from recent setbacks in his Herbalife and JCPenney plays. But the activist investor can still move markets — without so much as saying a word.Speculation that Ackman’s next target might be either FedEx or ADT sent shares of both companies soaring… …read more
Source: NY Post

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Posted by on July 10, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.