third point

Dan Loeb targets entire Campbell Soup board

Activist investor Dan Loeb has an all-new recipe for the Campbell Soup board. The hedgie behind Third Point has rounded up a full slate of candidates to replace the Camden,...

Campbell's Loeb rejection could set off ugly proxy fight

The soup is about to hit the fan at Campbell’s. The struggling canned-food giant is expected to announce this week that it doesn’t plan to sell itself to a strategic...

Dan Loeb confirms he's pushing Campbell family to sell company

Dan Loeb finally revealed he’s looking for a new recipe for success at Campbell Soup. The activist hedgie behind Third Point on Thursday announced in a regulatory filing a 5.7...

Dan Loeb bullish on PayPal after buying stake in company

Dan Loeb loves online payments. Loeb’s Third Point hedge fund bought a stake in payments giant PayPal in the second quarter, according to a letter to investors revealed on Monday....

Third Point's Loeb calling for more changes at Nestle

Billionaire investor Dan Loeb is pushing Nestle to speed up its turnaround plan. In the seven months since Loeb’s Third Point hedge fund announced a $3.5 billion stake in the...

Dan Loeb's Third Point plows into Alibaba again

Dan Loeb’s on and off love affair with Alibaba is back on. The hedgie behind Third Point added the China-based e-commerce giant to its portfolio in the second quarter, according...

Nestle plans share buyback after pressure from billionaire

Billionaire Dan Loeb has already managed to extract a few sweeteners from Nestle. The world’s largest packaged foods company, under pressure from Loeb’s hedge fund to sell off assets, said...

Snap bounces back as big-name funds reveal they own stock

Snap shares soared Monday as big money names disclosed investments in the disappearing-photo app. Stock in the parent company behind Snapchat jumped as much as 9 percent to $20.92 in...

Hedge funds are investing in bank stocks at record pace

Come on, hedgies — you call bank stocks an alternative investment? Hedge funds’ exposure to bank stocks hit record levels at the start of 2017, but many may have piled...

Dan Loeb sees Trump as a boon for 'active investing'

Activist investors are rising from the dead — thanks to President Trump. That, at least, is according to Dan Loeb, the billionaire boss of the $15 billion hedge fund Third...

Dan Loeb cashing in on Brexit vote

Dan Loeb is the latest hedgie to love the Brexit vote. Loeb’s Third Point acted quickly following the UK vote on June 23 — jumping into US equities when they...

Dan Loeb loses key director at Third Point

One of the top directors at Dan Loeb’s hedge fund has left the firm, The Post has learned. Tim Lash, who headed Third Point’s media, telecom and tech investments, and...

Loeb's 'holy jihad' defeated Sotheby's

Dan Loeb’s rancorous victory over venerable auction house Sotheby’s was complete in November, when Chairman and CEO William Ruprecht agreed to step down under pressure from the pugnacious activist, and...

Sony woes could spark another battle with Loeb

Sony Corp.’s continued struggles and falling stock price could spark another battle with activist investor Dan Loeb, The Post has learned. Loeb, the founder of the Third Point hedge fund,...

Dan Loeb, Sotheby's reach agreement after bitter board battle

Peace has broken out in the bitter proxy battle hedge-fund activist Dan Loeb has been waging against auction house Sotheby’s. Sotheby’s and Loeb’s Third Point reached an agreement Monday that...

Ackman's Pershing Square outdoes rivals

There might be a simple reason Bill Ackman’s former antagonists Dan Loeb and Carl Icahn are making up with the iconoclastic silver-haired activist: He’s making gobs of money again. Here’s...

Loeb seeks to delay Sotheby’s meeting in fight with board

Dan Loeb wants a Delaware judge to postpone Sotheby’s May 6 board meeting, where he plans to launch a bitter proxy battle over three directors he is proposing to the...

Loeb, Sotheby’s case may reshape shareholder activism

Sotheby’s and its largest investor, Daniel Loeb, will open their arguments in court on Tuesday on whether the auction house should be allowed to restrict the billionaire’s ownership stake, in...

Sotheby's, hedgie Loeb continue their board battle

In the boardroom brawl between Dan Loeb and Sotheby’s, both are punching with panache. Just hours after the auction house attacked the activist investor’s track record in a sleek PowerPoint...

Rhode Island teachers exit Loeb fund

Rhode Island state employees are pulling their money out of Dan Loeb’s Third Point hedge fund. The move is the latest salvo in a simmering feud between Loeb, a handful...