Sentences with phrase «third point hedge»

Daniel Loeb's Third Point hedge fund on Sunday unveiled a substantial Nestle stake and advised the company to shed its L'Oreal stake.

At SALT, Loeb, who runs the Third Point hedge fund, said that he enjoys reading Buffett's Berkshire Hathaway annual letters.

Not exact matches

Third Point: The hedge fund run by Daniel Loeb disclosed Thursday that it bought more than 45 million shares of Ally Financial (ALLY) during the second quarter, giving Third Point a 9.5 % stake in the auto lender.

Billionaire hedge fund manager Daniel Loeb's firm Third Point wants to build a stake in United Technologies.

Rival mall owner Macerich currently is under pressure from activist hedge fund Third Point Management to explore options including a sale.

At the same time, Elliott's assets have nearly doubled to roughly $ 39 billion, including $ 5 billion it raised in a 23 - hour span in May, making it more than twice the size of the second - biggest activist hedge fund, Dan Loeb's Third Point.

For Dow's Andrew Liveris, a merger could help fend off renewed attacks by activist hedge fund Third Point.

Activist hedge fund Third Point, which owns about 6 % of Yahoo's stock, pointed out that Thompson did not have a computer science degree, as many had thought, but a mere accounting degree.

Yahoo said Monday it will buy 40 million of its shares owned by activist hedge fund trader Daniel Loeb's Third Point for $ 29.11 a share, Friday's closing price, and that he and two other Yahoo directors nominated by Third Point have resigned.

NEW YORK (AP)-- Hedge fund Third Point LLC said Tuesday that it has acquired a significant stake in Dow Chemical and wants the company to spin off its petrochemicals division.

Some big names took stakes in Snap during the first quarter, including billionaire George Soros» hedge fund, activist hedge fund Jana Partners, Daniel Loeb's Third Point and Daniel Och's Och - Ziff Capital Management.

Third Point LLC, another activist hedge fund, disclosed a stake in Macerich in November.

In June, activist hedge fund Third Point unveiled a $ 3.5 billion stake in Nestlé and asked for a series of actions including a formal margin target of 18 to 20 percent.

This has recently been exemplified by the apparent influence of Daniel Loeb, from the hedge fund Third Point, on the leadership of Seven & i Holdings («the Company»), which holds its annual general meeting on Thursday, May 26.

The plans have some elements of the proposal that hedge fund Third Point outlined in a presentation in May this year.

Dan Loeb's hedge fund firm Third Point LLC has just recently disclosed their Offshore Fund's performance and we see that they were up 3.4 % for the month of April and were up 19.2 % for the year compared to the S&P 500 which was only up 7.1 % for 2010 at the end of the month.

As we flagged in the May issue of our Hedge Fund Wisdom newsletter, PCP was a consensus new buy with the likes of Third Point, ValueAct Capital, Soroban Capital, and Farallon Capital initiating new positions.

The fund's executive director, Andreas Taprantzis, told Bloomberg that a number of hedge funds, including Paulson and Third Point, have expressed interest in participating in the sales.

And Third Point said earlier this year that it would launch a Greek - focused hedge fund.

Keri is a former partner and chief credit officer at Third Point, joining the $ 15 billion hedge fund in 2009.

Dan Loeb's hedge fund Third Point has built a stake of more than $ 4.6 billion in the world's biggest food company.

Nestle is being targeted by activist investor Dan Loeb's hedge fund Third Point, which has built a stake of more than $ US3.5 billion ($ 4.6 billion) in the world's biggest food company.

Daniel Loeb, the founder and chief executive of the multi-billion-dollar hedge fund Third Point LLC, received attention when, in a Facebook post, he compared the leader of the state Senate Democrats, Andrea Stewart - Cousins, to the Ku Klux Klan.

Mr. Loeb, the billionaire founder of the hedge fund Third Point LLC, has helped bankroll Mr. Cuomo and the Republican State Senate majority.

While Loeb, founder of hedge fund Third Point, was a sporadic and modest contributor to state races until a few years ago, he's since become a regular presence on annual rankings of the state's largest donors.

Recently, the Rhode Island State Investment divested pension funds from Third Point LLC, a hedge fund owned by StudentsFirstNY board member Daniel Loeb.

Loeb, founder of hedge fund Third Point and whose net worth is estimated by Forbes at $ 3.2 billion, has since taken down the comments from his Facebook page.

She had the temerity to contract with Loeb's Third Point, which happens to be the state's top - performing hedge fund, as a way to bring cash into the pension fund's sagging coffers.

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Miller's fund is up for the year more than 70 percent, far outperforming even the most publicly known hedge funds like Dan Loeb's Third Point LLC, which has only posted 14 percent gains on the year.

Elsewhere, the hedge fund Third Point recently accumulated enough shares in Macerich Co., to own a 5 percent position in the company and give it an activist voice in the company, according to media reports and regulatory filings.