Fairholme Capital

Bruce Berkowitz, founder of Fairholme Capital Management LLC and chairman of controversial Florida real estate company St. Joe Co., appeared on Bloomberg TV early this morning to discuss the SEC's formal investigation of him and St. Joe. Berkowitz said he voluntarily issued the 8K disclosure on St...

The St. Joe Company (NYSE: JOE) is plunging today, down more than 7% after the company disclosed that the SEC has started a formal investigation of the company, as well as chairman Bruce Berkowitz's Fairholme Capital. The SEC is looking into whether the company on a variety of issues. The issues...

It looks like Bruce Berkowitz is starting to make some serious headway with his position in The St. Joe Company (NYSE: JOE). Britt Greene, the company's President and CEO has resigned effectively this week, and has also resigned from from the Company's Board of Directors, effectively immediately....

CNBC's Mary Thompson is reporting that St. Joe Company (NYSE: JOE) is responding back to Bruce Berkowitz, who resigned from the board earlier this week. The company is saying that Fairholme and Berkowitz wants to control the company, it should just buy the the company and pay all shareholders a...

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...

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...

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,...