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Stock impact report

Billionaire Bill Ackman's Big Bet: What You Need to Know [Yahoo! Finance]

Howard Hughes Holdings Inc. (HHH) 
Company Research Source: Yahoo! Finance
Recent results highlight both the resilience and the cyclical nature of Howard Hughes's master planned communities. The potential for upside will depend on disciplined capital allocation and strong governance as Howard Hughes looks to expand beyond real estate. 10 stocks we like better than Howard Hughes › Howard Hughes Holdings (NYSE: HHH) is drawing attention for a new reason over the summer: a shift in strategy. In May, Bill Ackman's Pershing Square invested additional capital in the company and outlined a plan to move it beyond its traditional focus on land development and operating properties. Howard Hughes owns and develops large-scale master planned communities across the U.S. (including Summerlin near Las Vegas, Bridgeland and The Woodlands in Texas, and Ward Village in Honolulu), along with income-producing retail, office, and hospitality assets. But the proposition now is bigger than real estate. Ackman is positioning Howard Hughes as a long-term holding platform th Show less Read more
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