1. Bill Ackman is Hosting a Call on Friday to talk about his Huge Money-Losing Bet on Valeant

    Bill Ackman is Hosting a Call on Friday to talk about his Huge Money-Losing Bet on Valeant

    Billionaire activist investor Bill Ackman, the founder of Pershing Square Capital,  is hosting a conference call for investors on Friday morning to discuss his fund's investment in Valeant Pharmaceuticals.  The call will take place at 9 a.m.  ET. Ackman and other Pershing Square portfolio managers and analysts will take questions. Since taking a position earlier this year, Pershing Square has ...

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    1. Valeant has made a massive contribution to drug development, more so than almost any other company.
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