Pershing Square Capital

For Investors, Lessons from the Death of Borders

Following Chapter 11 bankruptcy, Borders now has to liquidate its remaining stores. But there's a bright side to the big box bookseller's death: Its long and tragic tale provides plenty of fodder for investors. Use these lessons to ensure that your future investments have a happier ending.

Borders' Bid for B&N Will Go Nowhere Fast

When Barnes & Noble announced it was looking for a buyer, we entertained the fanciful notion that its smaller rival, struggling book retailer Borders, might put in a bid. As absurd as the idea was, that buyout offer has been made. Here's why it has virtually no chance of succeeding.

J.C. Penney Shares Surge on Ackman News

Shares of J.C. Penney have surged as much as 16.8% since activist investor Bill Ackman%u2019s Pershing Square Capital Management disclosed Thursday that it had purchased a 16.5% stake in the struggling retailer.

Borders Delays Payment to Publishers

Days after reporting dismal holiday earnings, Borders Group is reportedly paying only some of the publishers it does business with, and the ones losing out are in the process of taking legal action.