Trend Results : "Dan Loeb"

Blog Post Results (1-20 of 613)


The simple reason the rich will always be one-step ahead of the IRS

Noam Scheiber and Patricia Cohen at The New York Times have a big story about how the wealthiest Americans are able to shape US tax policy and shield their income. The story mentions lots of big Wall Street names, including Dan LoebShow More Summary

Shorting The Short-Sellers - Bearish Bets Soar On Loeb, Einhorn Firms

Cynical short-sellers are targeting some of Wall Street's most famous short-sellers. Amid plunges in the stock prices of David Einhorn's Greenlight Capital and Dan Loeb's Third Point reinsurance entities, Bloomberg reports that bearish investors have piled in pushing short interest (as a percent of shares outstanding) to its highest since 2009. Show More Summary

Dan Loeb Will Have His Scalp, And Spinoff, Too

Dow Chemical CEO Andrew Liveris knows what we're talking about.

Dow-DuPont an activist coup on Corporate America

The $60 bln chemical giants are in merger talks, according to reports, a testament to the persistence of pushy investors Dan Loeb and Nelson Peltz. If the companies pull off a deal and a rumored three-way split, it could be this generation’s version of barbarians at the gate.

SunEdison Is Collapsing (Again)

The bloodbath in hedge fund hotel SunEdison continues but judging by the massive volumes this is those same funds liquidating en masse (following Dan Loeb's exit)... Down 57% in the last week alone... SUNE is back at levels where it cliff-dived in 2012...

Dan Loeb's Largest 3rd Quarter Investment Was Kraft Heinz Co.

Billionaire Daniel Loeb (Trades, Portfolio) founded the hedge fund Third Point in 1995, which manages about $17 billion. Loeb is an activist investor and Third Point follows an event-driven, value-oriented investment style. During the third quarter, Loeb added four new holdings to the portfolio, while closing out 17 other positions.The Kraft Heinz Co. (NASDAQ:KHC)Loeb’s largest [...]

Loeb’s Third Point Expands Baxter Stake, Adds Kraft, Time Warner

Dan Loeb’s Third Point expanded its stake in Baxter International (BAX) nearly 10 fold during the third quarter, making it the hedge fund’s single largest position, according to a quarterly 13-F filing posted on Friday. As of Sept. 30, Third Point held more than 53.8 million shares of Baxter worth $1.7 billion. The hedge fund initially […]

Third Point’s Loeb Now Has More Bearish Bets Than Bullish Ones

Third Point Capital's Dan Loeb is more bearish than bullish these these days. Here's from a transcript of Loeb's post-earnings conference call for Third Point Reinsurance (TPRE), a U.S.-listed entity with an investment portfolio managed by Third Point: "We now have more single-name equity short positions than longs in the portfolio." ... READ MORE

Dan Loeb is out of the red

Activist investor Daniel Loeb, the founder of Third Point LLC, is out of the red. Third Point is up 0% through October 31, according to a performance update seen by Business Insider. During October, Third Point gained 4.7%. The S&P 500 is up 2.7% year-to-date after rising 8.4% in October. Loeb had gone into August up 5.7% for the year. Show More Summary

DAN LOEB: These 5 fears have 'overwhelmed' the market

Activist investor Daniel Loeb, the founder of Third Point LLC, laid out five fears that have "overwhelmed" the market in his third-quarter investor letter. "A weakening China, where the new question is not whether but how severe the slowdown of the world’s foremost growth machine will be. Show More Summary

Dan Loeb's fund gains got wiped out in August

Another top fund manager got crushed in the month of August. Daniel Loeb's Third Point Offshore Fund, which employs an event-driv en and value investing strategy, erased nearly all of its gains for the year. In a volatile month, the fund fell 5.2% and is now up just 0.1%, according to a performance update. Show More Summary

Joe Biden's Son Blames "Russian Agents" For Ashley Madison Profile

Last night we heard the best 'excuse' yet if you are caught with an Ashley Madison account, from Dan Loeb - "due diligence." Today, not to be outdone by a married hedge fund manager, Vice-President Joe Biden's son "Hunter" has unleashed...Show More Summary

The Best Explanation If Exposed As An Ashley Madison Member...

... comes from Dan Loeb of Third Point, who as Gawker points out admits to being a member of the hacked cheating website: due diligence. To wit: “As my family, friends and business colleagues know, I am a prolific web surfer. Did I visit...Show More Summary

Billionaire hedge fund manager Dan Loeb had an Ashley Madison account

Billionaire hedge fund manager Dan Loeb had an account on cheating website Ashley Madison. Gawker reported the account Thursday, citing account data released by hackers. The Third Point CEO confirmed to Gawker via a spokesman that the account was his. Show More Summary

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