Pershing

News Mar 30, 2017

Bill Ackman’s Insider Trading Lawsuit May Cost Pershing Square Investors $75 Million

Heads I win, tails you lose… and then you lose some more. That seems to be the story surrounding Bill Ackman’s disastrous near $4 billion loss in Valeant Pharmaceuticals. Ackman’s pharmaceutical foray is mostly over after his hedge fund Pershing Square dumped all of its Valeant shares in mid-March at $11 apiece, or an over 90% loss, cementing one of Wall Street’s biggest-ever investment …

News Sep 19, 2016

Chipotle to Hire 5,000 Workers in One-Day Spree

Chipotle is setting aside its problems and going on a hiring spree. The company, which has struggled in recent months with an E. coli outbreak and a lawsuit accusing it of mistreating workers, plans to offer jobs to 5,000 people across the country on Sept. 28. A spokesman said Chipotle needs the staff as it opens more than 200 of its Mexican-style restaurants this year.