Source Pravda.Ru

William Ackman announces stake rise in Target

Pershing Square announced Monday that it has boosted its stake in retailer Target Corp. to nearly 10%.

The hedge fund group run by William Ackman said that it has raised its stake to 9.97% as of Friday from 9.6% as of July 5.

William Ackman is a major investor and hedge fund manager of Pershing Square Capital Management LP. As of July 2007 he owns a 9.6% stake in Target Corporation, valued at 5.6 billion dollars.

Pershing Square Capital Management has in the recent past acquired positions in Wendy's International Inc., McDonald's Corp. and Ceridian Corp., pressuring management of those companies to improve profits by cutting costs or selling divisions

It was either inability to analyze or pure cowardice, but the cruise missile attack on Syria had a purely political outcome that would not affect the outcome of the Syrian conflict. The US is obviously revisiting the Iraq crisis from 2003

USA's 'stupid missiles' ensure major victories for Russia on many fronts
Comments
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Castro sued over alleged torture
It was US and UK that sank Russia's Kursk submarine
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Castro sued over alleged torture
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Russia accuses British special services of staging Douma chemical attack
Iran strongly determined to fight for Golan Heights
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Iran strongly determined to fight for Golan Heights
SWIFT refuses to cut Russia off, even if Washington insists
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Iran strongly determined to fight for Golan Heights