This weekend, Director Todd Phillips brings us the final chapter in the HANGOVER saga. We talk to Todd as well as Bradley Cooper, Ed Helms and Zach Galifianakis on the pluses and minuses of doing a third sequel. Plus more on the alien life on SYFY’s DEFIANCE as Jamie Murray admits she is just a bit “creepy”. Show More Summary
Third Point, an activist and value hedge fund managed by billionaire Dan Loeb, filed its 13F with the SEC in mid May. The information in this filing, which discloses many of a fund’s long equity holdings as of the end of the previous quarter, can be used to develop investing strategies; we have found, for [...]
If you have a large family, usually you have to pony up some serious cash to transport everyone from point A to point B. Many vehicles featuring a third row of seats start with high price and go even higher, and for many, they don’t make the type of money to command a ride like [...]
CORRECTING and REPLACING Asia Entertainment & Resources Ltd. Announces First Quarter 2013 Financial Results HONG KONG--(BUSINESS WIRE)-- The 2013 Non-GAAP EPS reported in the third bullet point should be $0.38 (sted $0.36). The corrected release reads: ASIA ENTERTAINMENT & RESOURCES LTD. Show More Summary
Freddie Mac released its weekly update on national mortgage rates this morning, showing a continued rise in interest rates -- nearly across the board. Thirty-year and 15-year fixed rate mortgages (FRMs) rose eight basis points apiece...Show More Summary
Under pressure from an activist investor to take part of its entertainment business public, Sony said it plans to discuss the proposal with its board.
Zale Corporation Reports Third Quarter Fiscal 2013 Results Net earnings of $5 million, or $0.13 per diluted share, compared to a loss of $5 million in the prior year quarter Gross margin of 52.6 percent, up 130 basis points from prior...Show More Summary
TOKYO (Reuters) - Shares of Sony Corp rose 6.3 percent to 2,300 yen, a two-year high, on Wednesday after the Nikkei newspaper reported Sony is considering evaluating a proposal from top shareholder Third Point LLC to spin off its movie and music busine...
During heavy coverage of the Oklahoma tornado Monday night in prime time, CNN was #1 in the 25-54 demo with 790K viewers. Fox came in second with 632K and MSNBC was third with 337K. Anderson Cooper's 10pm broadcast was a high point for CNN, winning the demo in that hour with 916K viewers.
Sony Corp. is "considering evaluating" a spinoff of its entertainment arm that is being advocated by the hedge fund and Sony shareholder Third Point, according to Japan's Nikkei newspaper.
Sony Corporation is reportedly mulling over a proposal from a major shareholder Third Point LLC to spin-off its movie and music businesses. Reported by the Japanese daily newspaper Nikkei (via... Keep reading ?
(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported.
A total of 59 percent of Russians use Internet, up three percentage points since last year, according to the results of a survey published on Monday by an independent pollster, Levada Center.
Editor’s Note: Herbalife Ltd. (NYSE:HLF), Yahoo! Inc. (NASDAQ:YHOO), Tiffany & Co. (NYSE:TIF), Goldman Sachs Group, Inc. (NYSE:GS), Hertz Global Holdings, Inc. (NYSE:HTZ), Bank of America Corp (NYSE:BAC) Loeb’s Third Point Exited Herbalife...Show More Summary
Last Thursday’s The View gave most of the programme over to the vexed issue of parading. It includes a number of noteworthy points. Neil Jarmin’s point out that the Parades Commission has missed an opportunity offered it by Paddy Ashdown’s Strategic Review of Parading to give it a more robust set of processes (that might [...]
By Chris Katje: Last week, hedge fund Third Point announced its push to Sony (SNE) for a spin-off of the company's entertainment division and the possible sale of other assets. This announcement comes as Sony stock has been trading up 77% in 2013. Show More Summary
Third Point’s Dan Loeb is known largely for his shareholder activism. On Tuesday, his fund began a campaign to get Japanese giant Sony Corporation (ADR) (NYSE:SNE) to consider making some changes to its business. As investors mull the prospect of following Loeb into the trade, it’s worth asking: do investors benefit from shareholder activism? In general, [...]
Back in April, in a letter to its investors, Third Point remarked that it had begun building stakes in Japanese companies. At the time, I speculated that Sony Corporation (ADR) (NYSE:SNE) could be a stock Third Point was buying. That proved to be a prescient call. On Tuesday, Third Point revealed that it holds more [...]
Can Third Point Steal Sony Entertainment?
The third audition proved to be the charm for the South Carolina native, who said she came close to giving up. “I remember at one point thinking, 'American Idol' obviously doesn't want me, so why would I go back?'” read more