Dan Loeb

Dow Chemical Co (NYSE: DOW) shares gained 3 percent in early trading Friday on news the company has cut a deal with dissident shareholder Third Point LLC. Dow said it will add four new directors endorsed by Third Point, bringing the total size of the company's board to 13 members....

Harvest, a financial discovery and communication platform, wants to take over Wall Street -- one investor at a time. The startup has already succeeded in attracting a number of well-known users, including Dan Loeb, Kyle Bass, Steve Tananbaum, Jody Lanasa and Sahm Adrangi. Numerous firms (...

U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...

U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...

A late day rally led markets higher to recover some value lost during Thursday’s sell off. Major Indexes The Dow Jones Industrial Average rose surged 44.5 points, or 0.27 percent to close at 16,491. The S&P 500 added 7.01 points, or 0.37 percent to close at 1,878. The Nasdaq rose 21....

With Apple's (NASDAQ: AAPL) split-adjusted shares to begin trading on June 9 (shareholder record date of June 2), what should current shareholders do with the issue? Billionaire investor Carl Icahn's advice on the issue has been strong so far. Although he recently added to his stake, the timing...

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...

Whale watchers across Wall Street tuned into the SEC's EDGAR website Thursday afternoon, and -- as always -- Warren Buffett is the highlight. Traders are adjusting their positions in Verizon, GM and Philips 66 based on the Oracle of Omaha's most recent 13F filing. The biggest position Buffett...

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...

U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...