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Ackman's Pershing Square takes 9.8% stake in Air Products

Ackman's Pershing Square takes 9.8% stake in Air Products

Bill Ackman's acquisition cost roughly $2.2 billion and is the largest investment Pershing has ever made at cost, reports CNBC's Becky Quick.

05:39

Wed, Jul 31 20136:08 AM EDT

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

3 hours ago

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

3 hours ago

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

3 hours ago

Fed Chair Powell: The demand in the labor market is strong, but is cooling

Fed Chair Powell: The demand in the labor market is strong, but is cooling

4 hours ago

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

4 hours ago

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

3 hours ago

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

3 hours ago

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

3 hours ago

Fed Chair Powell: The demand in the labor market is strong, but is cooling

Fed Chair Powell: The demand in the labor market is strong, but is cooling

4 hours ago

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

4 hours ago