third point
Billionaire Dan Loeb's hedge fund Third Point is in a major slump: report
September 29, 2023 | 10:02amThird Point, which is listed on the London Stock Exchange and has some 🙈$11.7 billion under management, saw assets fall about 1.6% so far this year through August -- a...
Bath & Body Works adds new director 💎after hedge fund pushes for change♓s
February 13, 2023 | 2:45pmThe appointmܫent comes weeks after Third Point, which owns a 6% stake in the company, hinted it might push for board seats.
Intel replacing CEO Bob Swan with tech vet Pat G🦄elsinger
January 13, 2021 | 12:18pmBob Swan, who beꦍcame the company's chief executive in early 201🌳9, will be replaced in mid-February by industry veteran Pat Gelsinger.
The Mooch says he's changing course after being 'punched in the face'
May 11, 2020 | 6:13pmAfter a br🤪utal start to 2020, hedge fund manager and ex-White House communicati🌼ons director Anthony Scaramucci is turning to the big boys for help. In a letter to investors obtained...
Acti🦹vist hedge fund Third Point calls for break-uꦍp of Britain’s Prudential
February 24, 2020 | 10:21pmHe🐈dge fund Third Point amassed a more than $2 billion stake in Prudential and called on the British insurer on Monday 🌊to split into two companies. Third Point’s demands, first...
▨ Third Point buys stake in Ray-Ban maker EssilorL꧅uxottica
August 26, 2019 | 9:20amThird Po🦹int, the US hedge fund that has pushed ♑for changes at companies ranging from Nestle to Campbell Soup, has amassed a stake in Ray-Ban maker EssilorLuxottica, people familiar with...
Sotheby's to go private in deal valuing auction house at $2.66 billion
June 17, 2019 | 9:37amThe gavel has finally dropped on Sotheby’s. After six years of prodding from hard-charging billionaire Dan Loeb, the famed au💜ction house has agreed to be taken private by Fr🧔ench media...
Hedge funds manipulating $74B pharma deal: Starboard𝄹 CEO
March 11, 2019 | 11:14pmAn activist investor is probing whether hedge funds are using a controversial stock-trading tactic to tip the vote in 💎favor of pharma giant Bristol-Myers Squibb’s $74 billion deal to buy...
A thinning Campbell's Soup kicks the salsa
February 26, 2019 | 6:24pmCampbell's Soup is slimming down in 2019. The company announ🐬ced Tuesday it reached an agreement ꦦto sell salsa-maker Garden Fresh Gourmet to hummus-maker Fountain of Health USA for undisclosed terms....
The a𒈔verage hedge fund lost 6.7 percent in𝐆 2018
January 3, 2019 | 10:03pmHedge funds are thrilled to see 2018 in their rear-view mirrors. As year-end returns for high-prওofile activist hedgies like Dan Loeb, David Einhorn and Bill Ackman trickle in, early fears...
Dan Loeb's hedge fund 'fully supports' new Campbell Soup CEO
December 20, 2018 | 6:37pmCampbell Soup has a new chief sﷺtirring things up. Mark Clouse, former Pinnacle Foods chief executive, will be taking the helm of the Camden, NJ-based sou😼pmaker, Campbell announced Thursday. Campbell,...
Campbell struggling to find Bolt🐟house Farms buyer
November 29, 2018 | 6:18pmGe🦹tting cash out of Campbell Soup may be tougher than Dan Loeb thought. The Camden, NJ-based food giant is struggling to unload its Bolthouse Farms brand in an auction it...
📖 Campbell Soup stock s🐼oars after improved results
November 20, 2018 | 2:32pmWall Street is suddenly salivating over embattled Campbell🐻 Soup. Shares of the Camden, NJ-based soupmaker soared 8.1 percent in early trades Tuesday before retreating slightly — closing up 5.5 percent for...
Dan Loeb drops bid to replace entire Campbell Soup board 🌊
November 9, 2018 | 4:56pmBillionaire Dan Loeb is backing off his bid to replace the entire board at Campbel𝔉l Soup. Instead, the activist investor’s hedge fund Third Point — which also recently retreated from...
Dan Loeb steamed over Campbell's executive pay packages
November 7, 2018 | 7:41pmActivist investor Dan Loeb is hot and bothered over Campbell’s eꦬxecutive pay packages and he wants shareholders to be too. “No one minds paying fairly for a CEO who benefits...
Dan Loeb's bid for control of Campbell's board grinds to a halt
November 2, 2018 | 10:32pmActivist investor Dan Loeb’s bid for control of Campbell’s board hit🍌 a snag. A New Jersey judge denied Loeb’s motion 🦄for expedited discovery into the soupmaker’s board Friday, paving the...
Dan Loeb sues Campbell Soup in bid to delay annual ⛦meeting
October 25, 2018 | 11:00pmDan Loeb is trying to delay Campbell Soup’👍s Nov. 29 annual meeting by suing it for running a “campaign of ဣmisinformation” to entice investors to reinstate the board. His Third...
T൲hird Point asks Campbell Soup to delay CEO appointment
October 10, 2018 | 4:00pmBillionaire investor Dan Loeb is calling on Campbell Soup to put the brakes on its slow search for a chief executive until after the soup-maker elects a new board next... 𒅌
ꦜ Kraft Heinz passed on making takeover offer for Campbell’s S𝄹oup
October 4, 2018 | 10:30pmDan Loeb may not like what he finds in this soup.🧸 The billionaire hedge-fund boss — who has been prodding Campbell’s Soup to sell itself — has recently been telling...
Dan Loeb faces hurdles in takeover of Campbell's Soup board
September 17, 2018 | 3:04amBillionaire Dan Loeb’s bid to overhaul Campbell Soup’s board is heating up as questions about a long🎶-serving board member emerge. Loeb’s Third Point has been expected to face an uphi𝓀ll...