Dan Loeb

Sotheby's (NYSE: BID) and Third Point Capital reached an agreement Monday morning that will allow Dan Loeb and two other nominated individuals, Olivier Reza and Harry Wilson, to join the board of directors. Third Point Capital, the largest shareholder of the company, sued Sotheby's after it...

U.S. stocks rose sharply after minutes from the Federal Reserve eased concerns over when the central bank would raise interest rates. The decision to let go of the 6.5 percent unemployment rate threshold for raising interest rates was finalized in early March. Additionally, the Fed's minutes...

U.S. stocks ended the week on a sour note as investors continue to sell many momentum names. Not helping the bull case was the much anticipated Jobs report number which failed to "wow" the market, coming in relatively in-line with expectations. The Dow suffered a triple digit point loss and...

The past several months have given us some real boardroom dramas. Jos. A. Bank (NASDAQ: JOSB) and Men's Wearhouse (NYSE: MW) recently concluded their months-long, headline-grabbing series of hostile takeover bids and sniping press releases. And according to Bloomberg there have already been...

“If you want something done right, do it yourself.” On Thursday, activist investor Dan Loeb said he would nominate himself and two others to the board of Sotheby's. (NYSE: BID) Loeb's Third Point Capital owns a 9.53 percent stake of the famed auction house and is officially waging a proxy war...

U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...

Here's a look at the top tickers trending on StockTwits.com Facebook: D-day is today After the market closes today, Facebook (NASDAQ: FB) will release its fourth quarter results. The consensus estimate for EPS is $0.27 and $2.33 billion in revenue. Investors have heavily debated Facebook...

U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...

A previous article on Benzinga detailed why investors should be bullish about the business models of car rental companies such as Avis Budget Group (NYSE: CAR), Ryder Systems (NYSE: R), and Hertz Global Holdings (NYSE: HTZ). This advice has since been underscored by reports that legendary...

FedEx (NYSE: FDX) on Monday announced that it would issue $2 billion of bonds to speed up its stock buyback plans. Back in October 2013, the company authorized buying back as much as 32 million shares. The buyback authorization represents the company's largest and most ambitious action to create...

Activist investor Carl Icahn has picked a new battle for 2014. On Friday, CNBC broke the news that Icahn is the investor that has amassed a stake of 30 million to 40 million shares in Hertz Global (NYSE: HTZ). On December 31, various media reports indicated that Dan Loeb's Third Point was behind...

As markets completed its final trading day of 2013, investors and traders can look back at what turned out to be a spectacular year for equities. U.S. stocks had its best year in over a decade fueled by an improving economy and the Fed's easy money policies. Commodities on the other hand have...

U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...

U.S. stocks traded lower throughout the large majority of Tuesday's trading session, as investors continue to speculate on the timeline for the Fed's tapering measures. With the earnings season beginning to wind down and data on the economic front relatively sparse so far this week, traders'...