third point
Wondering what Loeb’s Sony end game is
Eight months after activist investor Daniel Loeb’s Third Point Management first pressed for Sony to separate its electronics business from its entertainment assets, people are still wondering what his endgame...
Sony seeks 'at least one new director'
Sony, under pressure to cut costs and shake up its moribund business, is looking for new blood for its board, The Post has learned. The Japanese media and electronics giant...
Loeb's ‘long-term’ Herbalife investment lasted only 16 days
Sometimes a long-term investment can last just 16 days — at least if an investor gets spooked. Just ask hedge-fund hotshot Dan Loeb, who said at a conference Tuesday that...
Sony drags down Loeb’s October returns
Hedgie Dan Loeb’s long winning streak continued in October — although a 20 percent drop in his high-profile activist target Sony nearly wiped out his overall gain. Loeb’s Third Point...
Bad news piling up on Dan Loeb
The harder they come, the harder they’ll fall. That Jimmy Cliff riff may become the soundtrack of the Island Records executive-cum-hedge-fund titan Dan Loeb, whose $14 billion Third Point firm...
Loeb’s hedge fund to return $1.4B to investors
Hedgie Dan Loeb has joined the ranks of big money managers to scale back their business by returning capital to investors. Loeb plans to return around $1.4 billion to his...