Tag Archives: starbucks


Hedge Fund Head Nominates Himself, Four Others to Target Board

March 17, 2009 : Permalink

New York (HedgeCo.Net) – Pershing Square Capital head William Ackman is planning to nominate himself, along with four others to the Target Corp. board of directors, in which the hedge fund holds a near 10 percent stake. Ackman has confirmed […]

Coffee Risks Squeezing Starbucks, Hedge Funds as Supply Drops

February 17, 2009 : Permalink

Bloomberg – An unexpected coffee rally sparked by dwindling supplies risks squeezing Starbucks Corp., Kraft Foods Inc. and hedge funds betting on a decline. Demand may exceed output by 8 million 60-kilogram bags in the coming year — almost what […]