People Connected to Bill Ackman Reportedly Interviewed About Stock Manipulation
People tied to Pershing Square Hedge Fund Manager Bill Ackman were reportedly interviewed by U.S. authorities about stock manipulation related to Herbalife shares.
The end of the refinery strike may be near. The United Steelworkers reached a tentative agreement with Shell Oil after more than a month of contentious talks and strikes. The strike has been on contributing factor to rising gas prices. Herbalife shares were higher overnight. U.S. authorities have reportedly interview people connected to Pershing Square Hedge Fund Manager Bill Ackman in connection to potential stock manipulation of Herbalife shares. The Wall Street Journal reports the FBI has interviewed people related to the fund and have been asked for documents pertaining the stock. Cosmetics chain Ulta delivered better than expected sales and projects higher sales going forward.
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