Sony is looking to add a member -- at least one -- to its board of directors and is looking at various US-based media executives, the New York Post reports. Vocal investor Dan Loeb, who earlier this year pushed to parcel off a largeShow More Summary
By Achilles Research: FedEx's (FDX) shares profited from increased buyer interest after solid Q1 2014 results in September and as renowned investors such as Dan Loeb, George Soros and John Paulson disclosed positions in the company. Dan Loeb's Third Point reported a stake of two million shares which were purchased during the third quarter of 2013. Show More Summary
Dan Loeb‘s Third Point, revealed, in a new form 4, buying a total of 190,100 shares of Enphase Energy Inc (NASDAQ:ENPH). The shares have been bought in one transaction, the price amounting to $6.83 apiece. Following the acquisition of additional shares, Third Point holds in aggregate some 7.95 million shares of the company. Enphase Energy […]
Activist investor Daniel Loeb of Third Point LLC mentioned SoftBank Corp. at the Robin Hood Investors Conference, according to a source at the conference. The conference is closed to press. SoftBank's stock, which trades over the counter in the U.S., is up more than 4%. Show More Summary
European Pressphoto Agency Fund watch: S&P Capital IQ this week studies what you might term mutual-fund pilotfish: Funds that happen to own some of the same stocks as famous activist investors Carl Icahn and Dan Loeb. Just like the little fish who eat scraps as they swim alongside the sharks, these funds have significant stakes [...]
Vanity Fair's recent profile of Dan Loeb called the controversial hedge funder "Napoleonic," "Machiavellian," and the "Kanye West of Wall Street." It wasn't the nicest characterization. But then again, Loeb has a knack for skipping the...Show More Summary
My longer form weekend reading: • Jordan Belfort, the Real Wolf of Wall Street (BusinessWeek) • ‘Managed futures’ fees wipe out investor gains (Washington Post) • Steven Cohen: The Gilded Age Revisited (Reuters) see also Dan Loeb’s Skeletons: Did He Hit a Young Cuban Kid in a 2002 Car Accident? (Vanity Fair) • The Extraordinary Pierre...Read More
This week at the New York Times Dealbook Conference, Dan Loeb said he'd picked up a stake in FedEx. Now that 13Fs are coming out, it's clear he's not the only one. John Paulson's hedge fund, Paulson and Co. picked up 646,800 shares of the company last quarter, according to its 13f filing. Show More Summary
By Peter Fuhrman: Hedge fund titan Dan Loeb is buying into FedEx (FDX), and UPS (UPS) trading at an all-time high. The parcel delivery business is strongly back in fashion among investors. But, as of now, these two giants are all but absent from the world's largest and fastest-growing delivery market, China. Show More Summary
Third Point's Dan Loeb spoke about his rivalry with Bill Ackman, trying to tone it down and say nothing is personal, but letting out a few comments that indicate he did enjoy beating his fellow hedge fund manager.
NEW YORK (Reuters) - Activist investor Dan Loeb, founder of hedge fund Third Point LLC, said Tuesday that his investment firm owns shares of FedEx Corp and remains bullish on Japan.
Dan Loeb, the manager of Third Point, is a notorious personality in the hedge fund universe, so his words typically have a major effect on the markets. Today, in an interview at the New York Times’ Dealbook conference, Loeb mentioned that he holds shares of FedEx Corporation (NYSE:FDX). While he has not mentioned the size of his […]
Ray Dalio Is Speaking At The DealBook Conference (BusinessInsider) Ray Dalio, who runs hedge fund behemoth Bridgewater Associates, is speaking at the DealBook Conference in midtown Manhattan right now. Dalio, who is one of the most successful hedge fund managers ever, said that he would not invest in Bitcoins right now. He added that he […]
Dan Loeb is talking to Andrew Ross Sorkin at the New York Times Dealbook Conference this morning and he just mentioned that he owns Fedex. The stock spiked on that news and seems to be heading up. Right now it's up around 1.8% Join the conversation about this story »
Hedge fund manager Daniel Loeb, the founder of $14 billion Third Point LLC, is speaking with Andrew Ross Sorkin at the Dealbook Conference. This is a pretty rare interview for the activist investor. Be sure to refresh this page for updates. Join the conversation about this story »
“You’re the CEO of a company who got the job by lying about having been captain of your high school debate team. Dan Loeb has called three times. What do you do?” “Word on the Street is that Bill Ackman has tried your protein shakes and he thinks they taste like shit. Show More Summary
Sotheby's posted good third quarter earnings on increased commissions from both private sales and auctions, as it looks to strengthen its financial position as activist investor Dan Loeb continues to attack management and threaten a proxy battle.
The hedge fund holds 1.64 percent of Sony's stock in its own name, but is believed to have further holdings via other entities. read more
Sony drags down Loeb’s October returns (NYPost) Hedgie Dan Loeb’s long winning streak continued in October — although a 20 percent drop in his high-profile activist target Sony Corporation (ADR) (NYSE:SNE) nearly wiped out his overall gain. Loeb’s Third Point hedge fund ended the month with a 1.2 percent gain, lagging the S&P 500’s 4.6 percent […]
Activist investors like Dan Loeb and Carl Icahn get most of the attention in the financial blogosphere, but there are plenty of lesser-known guys you should know about too. Jeff Smith’s Starboard Value is one such hedge fund, and it has recently made a move in a small-cap environmental services company. At Insider Monkey, we’ve […]