Masimo CEO Joe Kiani pledged $400 million in Masimo stock for loans

Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017.  Manjunath Kiran | Afp | Getty Images Billionaire Masimo founder Joe Kiani, best known for his successful legal fight against Apple and his friendship with President Joe Biden, has borrowed against half of his $660 million stake in … Read more

Vanguard voting for Iger over Peltz in Disney proxy fight: report

Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index fund manager Vanguard, plans to support management over Nelson Peltz’s Trian Partners in Wednesday’s … Read more

Billionaire Bill Ackman to open NYSE-listed fund for regular investors

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among Main Street investors. The hedge fund … Read more

Bill Ackman and wife Neri Oxman buy stake in Tel Aviv Stock Exchange

Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday. The announcement came as the Israeli bourse announced the pricing of … Read more

Bill Ackman sees the Fed moving rapidly on interest rate cuts

Billionaire investor Bill Ackman expects the Federal Reserve to have to cut interest rates early and often in 2024, seemingly confirming the market outlook for much looser monetary policy. “Right now, with inflation cooling very meaningfully, the real cost of money is very high rate now. So I think they’re going to have to move … Read more