Third Point Capital

Daniel Loeb, the CEO and founder of New York-based hedge fund Third Point, on Friday revealed a new position in luxury furniture and home furnishings chain Restoration Hardware Holdings (NYSE: RH). What Happened: In a letter to investors, Loeb revealed that the hedge fund started building...

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 buying...

Thursday was the day for hedge fund managers to announce their updated holdings. As usual, Dan Loeb was a top name to watch. Top Picks Dan Loeb’s Third Point Capital fund opened a substantial 3.5 million share position in H&R Block (NYSE: HRB). Despite Loeb opening a $105.7 million...

In Sotheby’s (NYSE: BID) earnings conference call, investors were shocked by the how expensive it was to cut a deal with Dan Loeb. Sotheby’s and Dan Loeb have been feuding as he battled to take over and reform the auction house. The company used its poison pill provision to keep Loeb from...

Sotheby's (NYSE: BID) and Third Point Capital reached an agreement Monday morning that will allow Dan Loeb and two other nominated individuals, Olivier Reza and Harry Wilson, to join the board of directors. Third Point Capital, the largest shareholder of the company, sued Sotheby's after it...

Reports circulated Monday that activist investor Bill Ackman has filed a complaint to the Securities and Exchange Commission over comments made by George Soros which reflected his intent to acquire a stake in nutritional supplement company Herbalife (NYSE: HLF). Ackman alleges that Soros broke...

Another day, another departure at Yahoo! (NASDAQ: YHOO). AllThingsD reported Yahoo media head Mickie Rosen has resigned. Her last day will be Friday, July 26, according to a memo from CEO Marissa Mayer. As AllThingsD noted, Rosen spearheaded a host of major video and other content initiatives...

Activist investor Dan Loeb of Third Point Capital has taken a larger stake in embattled technology maker Sony (NYSE: SNE) in an attempt to maximize shareholder value in the conglomerate. Loeb overnight announced that his fund raised its stake in the company to 6.9 percent in a bid to force through...

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...