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Berkowitz' Scathing Insider's Report On St. Joe Management (JOE)
Wednesday, February 16, 2011 - 9:22am | 343Read More...After maintaining a strong bullish position on St. Joe (NYSE: JOE) and even joining the company's board, Bruce Berkowitz recently resigned from the board within weeks and has changed his mind on the quality of management at St. Joe. Berkowitz appeared today on CNBC to provide some color on his...
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Bruce Berkowitz Going Hostile On St. Joe (JOE)
Wednesday, February 16, 2011 - 9:15am | 284Read More...According to a tweet from Todd Sullivan, who spoke at the Harbor Investment Conference, Bruce Berkowitz and Fairholme Capital are launching a website to try to replace the board of directors at The St. Joe Company (NYSE: JOE). The site will be entitled "Takebackjoe.com" and will go live in a few...
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St. Joe Shooting Up (JOE)
Tuesday, February 15, 2011 - 11:17am | 59Read More...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...
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St. Joe's Responds To Berkowitz Resignation (JOE)
Monday, February 14, 2011 - 1:46pm | 235Read More...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...
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Why Is Bruce Berkowitz Resigning From St. Joe? (JOE)
Monday, February 14, 2011 - 9:14am | 369Read More...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...
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St. Joe Continues Down (JOE)
Thursday, February 10, 2011 - 11:55am | 251Read More...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...
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St. Joe Poised To Go Higher (JOE)
Monday, February 7, 2011 - 11:03am | 233Read More...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...
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Two Investment Legends At The Harbor Investment Conference (GGP, HHC, JOE, C, GS)
Friday, February 4, 2011 - 5:00pm | 1480Read More...Bruce Berkowitz and Bill Ackman spoke at the Harbor Investment Conference yesterday and discussed a wide variety of topics, with the two legendary investors interviewing each other over a wide variety of topics. Berkowitz of Fairholme Capital, was interviewed by Bill Ackman, the conference's Co-...
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Bruce Berkowitz To Be On CNBC Tomorrow (JOE, AIG, CIT, SHLD)
Tuesday, February 1, 2011 - 2:06pm | 88Read More...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,...
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Will Bruce Berkowitz Announce Something On St. Joe This Week? (JOE)
Monday, January 31, 2011 - 8:57am | 294Read More...Bruce Berkowitz of Fairholme Capital is going to present at the Harbor Investment Conference this week from New York City, and some are speculating that he could announce a potential transaction regarding St. Joe (NYSE: JOE) at the conference. Personally, I don't think he will announce anything...
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Bruce Berkowitz Not Selling AIG (AIG)
Friday, January 14, 2011 - 3:14pm | 47Read More...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%.
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AIG Dropping Sharply (AIG)
Friday, January 14, 2011 - 12:21pm | 78Read More...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...
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David Einhorn Is Wrong (JOE)
Wednesday, January 12, 2011 - 1:43pm | 426Read More...Yesterday the SEC announced it was inquiring into the accounting practices of The St. Joe Company (NYSE: JOE), as it inquires to whether it needs to take write downs on it assets. David Einhorn talked about this at the Value Investing Congress in October, saying he believes the company is worth...
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The St. Joe Company Dropping On SEC Concerns (JOE)
Tuesday, January 11, 2011 - 10:22am | 287Read More...Maybe David Einhorn has been right all along. The St. Joe Company (NYSE: JOE) is down sharply in pre-market trading, almost 8% on reports that the SEC is looking into the company's accounting practices. The SEC is determining whether the company should have taken additional impairment charges of...
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The St. Joe Company Dropping In Pre-Market On SEC Concerns (JOE)
Tuesday, January 11, 2011 - 10:22am | 287Read More...Maybe David Einhorn has been right all along. The St. Joe Company (NYSE: JOE) is down sharply in pre-market trading, almost 8% on reports that the SEC is looking into the company's accounting practices. The SEC is determining whether the company should have taken additional impairment charges of...
