Bruce Berkowitz

The St. Joe Company (NYSE: JOE) shares are shooting up 45 minutes into trading, up 66 cents to $26.72, a gain of 2.5%. Over 450,00 shares have already been traded today. St. Joe has been receiving a lot of press recently, as Bruce Berkowitz, of Fairholme Capital, recently resigned from the board...

The St. Joe Company (NYSE: JOE) has responded back to Bruce Berkowitz's resignation from the board of directors. The company said that it's committed to strong corporate governance, and that the resignations of Berkowitz, and his partner Charlie Fernandez, were not in shareholder interest. From...

Bruce Berkowitz is resigning from the St. Joe Company (NYSE: JOE) board this morning, as witnessed in this 13-D filing. In an email disclosed in the filing, Berkowitz writes: Directors of St. Joe: The two of us have discussed the situation at St. Joe and its nominating and governance process. We...

The St. Joe Company (NYSE: JOE) shares continue down today, losing another 1.6%, just a couple of days after the company announced it would be exploring strategic alternatives. Shares initially spiked higher yesterday in the morning on the news, but shares gave up all their gains and finished down...

Shares of The St. Joe Company (NYSE: JOE) are skyrocketing this morning, gaining almost 11% on back of the news that Bruce Berkowitz wants to replace the company CEO and make himself the Chairman of the Board. Berkowitz is trying to induce a massive short squeeze in the company, which has been...

David Faber has announced that Bruce Berkowitz will be on CNBC tomorrow to discuss various topics. His holdings include St. Joe (NYSE: JOE), American International Group (NYSE: AIG) and CIT Group (NYSE: CIT) among others. Berkowitz is set to speak at the Harbor Investment Conference this week,...

Bruce Berkowtiz of Fairholme Capital said he is not selling his stake in AIG (NYSE: AIG) according to CNBC. Despite Berkowitz saying he isn't selling, shares continue to drop. At last check, shares were off $3.32 to $53.87, a loss of 5.8%.

Shares of American International Group, Inc. (NYSE: AIG) are dropping sharply today, down more than 4% on heavy volume. Benzinga has heard that supposedly Bruce Berkowitz is moving out of the name, but nothing has been confirmed as on now. Berkowitz, through his fund, Fairholme Capital is the...

The St. Joe Company (NYSE: JOE) has continued higher, since rumors came out last week that it was the potential target of an acquisition, by an unnamed company. Bruce Berkowitz of Faireholme Capital was recently added to the company's board. Berkowitz, through his fund, is the largest shareholder...