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How Disney+ Can Surpass Netflix, According To Dan Loeb
Wednesday, October 7, 2020 - 3:18pm | 540Activist investor Dan Loeb of Third Point is calling on Walt Disney Co (NYSE: DIS) to maintain its dividend cut to fund its streaming offering Disney+. What He Said: Loeb took a stake in Disney in early 2020. After increasing his holdings, he now owns 5.5 million shares of the...
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What To Make Of Dan Loeb's New Stake In Disney
Friday, August 7, 2020 - 11:32am | 388Hedge fund manager Dan Loeb and his Third Point fund bought a new stake in Walt Disney Co (NYSE: DIS) in part because there is "no close second" in the entertainment and media universe, CNBC's Scott Wapner reported on "Halftime Report." Disney Is 2013 Microsoft: The...
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A Closer Look At Dan Loeb's Letter Urging Sony To Reorganize
Friday, June 14, 2019 - 3:54pm | 473Activist investor and major Sony Corp (NYSE:SNE) shareholder Third Point released a 102-page presentation titled "A Stronger Sony" Thursday. The fund, managed by Dan Loeb, argued for the Japan-based company to split up its businesses to better position itself for growth...
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Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
Friday, May 17, 2019 - 9:21am | 1998The latest round of 13F filings from institutional investors were out this week, 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...
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Sony's Stock Jumps Following Report Dan Loeb Is Building A Position
Monday, April 8, 2019 - 11:02am | 399Activist investor Dan Loeb and his Third Point hedge fund is accumulating a stake in Sony Corp (NYSE: SNE) and could push the company to explore several strategic alternatives, according to a Reuters report. What Happened Third Point has already amassed a stake in Sony and is looking to raise $500...
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2 Pro Takes On Campbell Soup's Deal With Activist Investor
Tuesday, November 27, 2018 - 1:44pm | 570Activist investor Dan Loeb and his Third Point struck an agreement Monday with Campbell Soup Company (NYSE: CPB) in which two of Third Point's slate of directors will be added to the food company's board. Shares of Campbell Soup moved lower after the announcement, and at least two...
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Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio
Thursday, November 15, 2018 - 12:23pm | 1764The 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 buying...
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Campbell Soup Falls Amid Report Company Doesn't Plan To Sell Itself To A Strategic Buyer
Tuesday, August 28, 2018 - 8:36am | 372Notable activist investor Dan Loeb may have a proxy war on his hand after a New York Post report said Campbell Soup Company (NYSE: CPB) isn't looking to sell itself. What Happened Loeb's activist hedge fund Third Point and company heir George Strawbridge own an approximately 8.4-percent...
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Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio
Wednesday, August 15, 2018 - 10:23am | 1910The 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 buying...
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JPMorgan Loses Its Appetite For Campbell Soup
Friday, August 10, 2018 - 10:36am | 431Activist investor and major Campbell Soup Company (NYSE: CPB) shareholder Dan Loeb is pushing the soup company to sell itself, but this is an unlikely outcome, according to JPMorgan. The Analyst JPMorgan's Ken Goldman downgraded Campbell Soup from Neutral to Underweight with an unchanged $...
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Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio
Wednesday, May 16, 2018 - 11:38am | 1617The 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...
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Marissa Mayer: Activist Campaigns Eroded 'Tens Of Billions Of Dollars Of Upside' At Yahoo
Thursday, April 19, 2018 - 3:18pm | 410Back in 2012, activist investors Carl Icahn and Dan Loeb pressured Yahoo to sell half its stake in Alibaba Group Holding Ltd (NYSE: BABA). While meant to unlock shareholder value, the campaigns ultimately stunted continued returns. Former CEO Marissa Mayer, who inherited Yahoo shortly after the...
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Q4 13F Roundup: How Buffett, Einhorn, Loeb, And Others Adjusted Their Portfolio
Thursday, February 15, 2018 - 2:43pm | 1533The latest round of 13-F 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...
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What's Next For L'Oreal After The Death Of Billionaire Liliane Bettencourt?
Friday, September 22, 2017 - 1:20pm | 395Liliane Bettencourt, the world's richest woman and heiress to the conglomerate giant L'Oreal SA (ADR) (OTC: LRLCY), passed away Thursday at the age of 94. This raises the question of what will come next for the France-based L'Oreal; Bettencourt's family owns a 33 percent stake in L'Oreal while...
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Highlights From Q2's 13-F Season
Tuesday, August 15, 2017 - 3:35pm | 1154The latest round of 13-F 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. Here’s a rundown of how the smart money was playing some of the most popular stocks last quarter....