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The hedge fund took a sizeable stake in BlackRock during the June-end quarter, according to a 13F filing released Friday. It also dumped Snap, JPMorgan Chase, and Qualcomm.
Mayor de Blasio’s campaign and progressive groups are calling on Nicole Malliotakis to return a donation from Dan Loeb.
Dan Loeb’s Third Point hedge fund, which manages roughly $17.5 billion in assets, has sold its entire stake in Snap Inc., according to regulatory filings released late Friday. Third Point had originally purchased 2.25 million sharesShow More Summary
Billionaire hedge fund manager Dan Loeb apologized after writing a racial insult on Facebook about a black state senator, The New York Times reported. Loeb, who's chairman of the board of Success Academy Charter Schools, accused Senator...Show More Summary
From politics to fashion, D-Lo is all about that social media lately.
Uber board now trying to sue Travis Kalanick away; Wells Fargo board finally reshuffling; Venezuelan bonds are hot potatoes; Dan Loeb says something unfortunate; Fat monkey turns his life around; And more!
Below are some key highlights from Third Point's latest Q2 letter, in which we find that Dan Loeb, despite some early market turbulence and thesis drift, has again managed to do what 95% of his peers have been unable to do, outperforming...Show More Summary
Political winds on the asset management front are not blowing well for the White House.
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Dan Loeb's Third Point hedge fund is betting big on BlackRock, the world's largest asset manager. In a client letter dated July 26, explaining...Show More Summary
Dan Loeb's Third Point called BlackRock a "misunderstood franchise." Why one analyst sees more than 20% upside.
Dan Loeb's Third Point hedge fund is betting big on BlackRock, the world's largest asset manager. In a client letter dated July 26 explaining its stock investment, Third Point said: "W e think BlackRock is a misunderstood franchise that...Show More Summary
The Third Point chief’s sweet tooth will not be denied.
It understands why you’d think there was a connection, but allow it to disabuse you of that notion.
The Third Point chief is foaming Nesquik at the mouth.
Dan Loeb takes a bite out of Nestle; stress test results aren't as tidy as you think; Sports Illustrated stretches the definition of "swimsuit"; and more.
Italian Bank Deal Raises Questions About Eurozone Rules (WSJ) UK PM May strikes $1.3 billion deal to get Northern Irish DUP support for her government (Reuters) Nestle Targeted by Dan Loeb in Activist’s Biggest-Ever Bet (BBG) NestleShow More Summary
Dan Loeb has returned to his earthshaking activist roots, and in a letter released moments ago, Third Point announced it is now targeting the world’s biggest food company. In the letter, Third Point announced that it currently owns roughly...Show More Summary