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Dan Loeb's Third Point Capital Takes 8.2% Stake in Herbalife; SEC Opens Inquiry Into Company
Thursday, January 10, 2013 - 9:02am | 1100Read More...The Herbalife (NYSE: HLF) saga continued on Wednesday as famed hedge fund manager Dan Loeb's Third Point Capital revealed that it has acquired an 8.2 percent stake, valued at around $350 million, in the embattled multi-level marketing company. Later on in the day, the SEC announced that it was...
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Loeb Follows in Chapman's Footsteps Once Again with Herbalife Long
Wednesday, January 9, 2013 - 11:43am | 271Read More...Shares of Herbalife (NYSE: HLF) were halted on circuit breaker Wednesday after Dan Loeb's Third Point filed a 13D revealing an 8.2 percent stake. Herbalife has been an extremely volatile stock over the last few months. In December, Pershing Square's Bill Ackman revealed that he sold short about...
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Dan Loeb's Letter: Taking Advantage of Market Shocks
Wednesday, August 1, 2012 - 1:59pm | 514Read More...Dan Loeb, manager of the Third Point hedge fund, just released his second quarter letter. Third Point had a bad quarter, so Loeb had to assuage investors. For the quarter, Third Point lost 2.3 percent - just slightly higher than the S&P 500's performance, a 2.8 percent decrease. Year-to-date,...
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Is Yahoo's CEO Wasting Time and Money?
Tuesday, May 8, 2012 - 7:27pm | 548Read More...Dan Loeb is the founder of Third Point Capital, a hedge fund with a substantial stake in Yahoo! (NASDAQ: YHOO). He has been shaking things up at Yahoo by attempting to replace multiple board members. Yahoo offered Loeb the opportunity to influence two board seats. Loeb nominated himself, but Yahoo...
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Yahoo Responds to Dan Loeb of Third Point, Rejects Loeb's Nominees
Wednesday, May 2, 2012 - 10:59am | 446Read More...Dan Loeb of Third Point Capital is a significant Yahoo! (NASDAQ: YHOO) shareholder. He has been attempting to influence Yahoo by replacing multiple Yahoo board members. Yahoo offered Loeb an opportunity to influence two board seats. Loeb nominated himself for one of the two, but earlier today,...
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Morning Social Media Outlook for Monday March 26 (LGF, A, H, YHOO)
Monday, March 26, 2012 - 10:33am | 400Read More...In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the morning social...
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Dan Loeb's Case For Owning Yahoo!
Wednesday, March 14, 2012 - 5:05pm | 1070Read More...In a recently released letter to investors in his mega-successful hedge fund, Third Point, Dan Loeb elaborated on his bullish thesis for Yahoo! Inc. (NASDAQ: YHOO) shares. In September, Loeb and Third Point publicly announced that it had accumulated 5.2% of the company, and in typical Loeb fashion...
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Oops I Did it Again: Yahoo! Board Screws Up Again
Tuesday, November 1, 2011 - 10:12am | 711Read More...Yahoo!'s (NASDAQ: YHOO) board may have screwed up again. After rumors surfaced last week that the company was thinking about launching a share buyback and dividend to appease investors, as opposed to selling the company, Wall Street started to punish the stock. Benzinga spoke to Yahoo! about the...
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For Yahoo, It's Deja Vu. All Over Again.
Thursday, October 20, 2011 - 9:46am | 841Read More...Yogi Berra is famous for his skill with the Yankees, as well as some of his "Yogisms" in which he says nonsensical things that have somehow made their way into pop culture. Now you can apply a "Yogism" to the world of finance. Last night, a tweet from Wall Street Journal reporter Anupreeta Das...
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Is the Chief Yahoo Crazy?
Monday, October 10, 2011 - 1:28pm | 923Read More...There was an article on Reuters over the weekend that former Yahoo! (NASDAQ: YHOO) CEO and co-founder Jerry Yang was looking to buy the company, and take it private. This begs the question: what does the former CEO see in the U.S. operations that no one else does? Yang wants to take the company...
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Hey Ma, What's Up?
Monday, October 3, 2011 - 12:12pm | 779Read More...Last week, it was written that Alibaba CEO Jack Ma could potentially be interested in taking over Yahoo (NASDAQ: YHOO). Over the weekend, Ma confirmed those interests, saying he would be very interested in taking over Yahoo as a whole. As such, shares are higher today, gaining more than 5%, one...
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Did We Learn Who Eventually Takes Over Yahoo?
Wednesday, September 28, 2011 - 12:20pm | 693Read More...Since it was first announced in early September that Yahoo (NASDAQ: YHOO) CEO Carol Bartz was fired, and Third Point's Dan Loeb had acquired a large stake in the company, there have been rumors swirling about who was going to eventually acquire the company. With last night's news that Chinese...
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Are the Lights About to Go On at Yahoo?
Thursday, September 22, 2011 - 10:09am | 668Read More...This morning Stifel Nicolaus upgraded shares of Yahoo! (NASDAQ: YHOO) and put a $18 price target on shares, as it believes a deal is near. After last week's Delivering Alpha conference, in which Dan Loeb of Third Point hinted that something could be done relatively soon, there is more conviction...
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Top Ideas From Delivering Alpha
Thursday, September 15, 2011 - 11:41am | 1025Read More...Tyler Mathisen of CNBC hosted a panel yesterday at the CNBC/Institutional Investor "Delivering Alpha" conference with six of the brightest minds in the hedge fund world, and asked them for some of their best investment ideas. Up first was Kyle Bass from Hayman Capital, and his idea was to short...
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Carol Bartz: Yahoo "F'd Me Over!"
Thursday, September 8, 2011 - 1:55pm | 933Read More...Carol Bartz is leaving the Yahoo (NASDAQ: YHOO) CEO post the same way she came in - with fire and vigor and plenty of "F bombs." Speaking of the company's board of directors, she told Fortune that "These people f**ked me over." According to Bartz's telling of the events surrounding her firing as...




