Dan Loeb

Media giant The Walt Disney Company (NYSE: DIS) is making a major change in a move that it hopes could help its stock price rebound and also keep fans happy after years of major concerns. The move could also see the company make major changes to its structure and business segments. What...

Dan Loeb and Bill Ackman are billionaire activist investors who own hedge funds Third Point Management and Pershing Square Capital Management, respectively. Both have been outspoken in the media this year, as Loeb wanted Disney to sell its unprofitable ESPN segment. After that, Loeb directed his...

A leading streaming platform is owned by two competing media companies. With a deal in place to transfer ownership, leading to a future transaction, things could become heated as a battle now takes place over the value of the platform and what’s next. What Happened: Streaming platform Hulu is...

More than 121 million people viewed at least part of the NFL's opening weekend slate of games, but ratings weren't the only thing getting a boost when the 2022 season officially kicked off. Several mobile applications saw increased usage and download volume over the...

After Walt Disney Co (NYSE: DIS) CEO Bob Chapek swatted investor calls for an ESPN spinoff over the weekend and noted that plans are in place for the future of the sports network, one investor jumped in and bought shares of the media giant.  What Happened: Virtus Investment...

Walt Disney Company (NYSE: DIS) wants to retain the ESPN sports television network despite activist calls to spin off or sell the unit, CEO Bob Chapek reportedly said in an interview with the Financial Times on the sidelines of the annual D23 conference held in California. Disney has been getting a...

Activist investor Dan Loeb issued a letter to The Walt Disney Company (NYSE: DIS) CEO Bob Chapek and the company’s Board of Directors Monday. Loeb took a stake in Disney via Third Point and is seeking to have constructive engagement with the company. In the letter, Loeb congratulates ...

Walt Disney Co (NYSE: DIS) shares are trading higher Monday after Third Point's Dan Loeb repurchased a "significant stake" in the company.  In a letter to CEO Bob Chapek, the activist investor congratulated Disney on a terrific quarter, noting positive...

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was...

The Wall Street Journal reports that activist investor Daniel Loeb sees about $1 trillion in untapped value at Amazon.com Inc (NASDAQ: AMZN). Loeb's Third Point LLC counts the e-commerce major as one of its most significant holdings. Third Point, as of the end of 2021, had...

Activist investor Dan Loeb noted that the combined strength of Walt Disney Co.’s (NYSE: DIS) various sports, general entertainment, and blockbuster franchises remains “unparalleled” in the global media industry. What Happened: In a letter to investors of his hedge fund Third Point...

Bill Ackman's plan to acquire 10% of Universal Music Group could face a setback with Vivendi shareholders speaking out against the transaction.  What Happened: Bill Ackman’s Pershing Square Tontine Holdings Ltd (NYSE: PSTH) announced a plan to acquire 10% of Universal Music Group, a...

This weekend's Barron's cover story offers 12 alternatives to bonds for income investors. Other featured articles examine values stocks worth a look, parallels between internet and transportations stocks, and how to play a consumer discretionary rebound. Also, the prospects for a luxury...

Intel Corporation (NASDAQ: INTC) is being pushed by activist hedge fund Third Point LLC to explore "strategic alternatives," according to a Reuters report, citing a letter Third Point sent to the tech company’s chairman. What Happened: Third Point CEO Daniel Loeb wrote to...

Walt Disney Co (NYSE: DIS) announced a business reorganization after Monday’s market close that points to a renewed focus on the direct to consumer streaming model. What Happened: Disney announced three new content groups called Studios, General Entertainment and Sports. The...