Bill Ackman built a net worth of $9.3 billion by spotting promising opportunities. The hedge fund manager doesn't usually reveal the opportunities he likes to the public. However, he recently made an ...

Shares of Fannie Mae and Freddie Mac fell Monday after Keefe, Bruyette & Woods analysts downgraded the stocks to Underperform ...

Shares slip after a run-up that followed December disclosure of Pershing Square chief’s plan to end government conservatorship of mortgage insurers.

The stocks of Freddie Mac and Fannie Mae — semi-acronyms for ... Ackman is among the prominent Wall Street investors who long ago wagered that the companies would eventually be returned to ...

President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is ...

Wall Street is keeping a close eye on one in particular: the privatization of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC), which has been under government conservatorship since the ...

Cement your place in history as the “Art of the Deal” president with your biggest deal ever. Hedge fund managers like Bill Ackman have built huge stakes in Fannie Mae and Freddie Mac betting the ...

Ackman recently took activist investing to an even higher level. He wants -- and expects -- President-elect Donald Trump to make two stocks in his Pershing Square Capital Management portfolio big ...

Keefe Bruyette downgraded Freddie Mac (FMCC) to Underperform from Market Perform with a price target of $4.50, up from $4. The firm sees ...

Freddie Mac climbed 23.2% to $4.15, touching levels not seen in over eight years. Sign up here. Niket Nishant reports on breaking news and the quarterly earnings of Wall Street's largest banks ...

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Freddie Mac and Fannie Mae both play a central role ... Ackman is among the prominent Wall Street investors who long ago wagered that the companies would eventually be returned to private control ...