Michael Wolf

Michael Wolf News

  • Loeb’s Third Point Increases Holdings in AIG and Apple

    Third Point LLC, the New York-based hedge fund run by Daniel Loeb, added to shares of American International Group Inc. and Apple Inc. in the third quarter, according to a regulatory filing.

  • Four Arrested in Austrian Money-Printer Bribe Investigation

    Austrian authorities arrested four people last week over suspicions the country’s money printer paid bribes to get new business and that executives received kickbacks, according to lawyers for two of the accused.

  • Yahoo CEO Departs Amid Inquiry; Loeb Wins Board Shake-Up

    Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company revamped its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged.

  • Yahoo CEO Departs Amid Inquiry; Loeb Wins Board Shake-Up

    Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company is revamping its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged.

  • Third Point Asks Yahoo to Replace Thompson With Interim

    Yahoo! Inc. investor Third Point LLC escalated pressure for management change at the Web portal, urging directors to immediately replace Chief Executive Officer Scott Thompson over his misrepresented academic credentials.

  • New Orleans Travel Ties Cut as Isaac Threatens Gulf Coast

    New Orleans’s travel routes are being severed as airlines and railroads brace for Hurricane Isaac to strike a region not fully recovered from the devastation wrought by Katrina seven years earlier.

  • Third Point to Nominate Slate for Yahoo

    Yahoo! Inc. shareholder Third Point LLC will nominate four directors to the company’s board because a recent overhaul, including the departure of co-founder Jerry Yang, didn’t go far enough to assuage concerns about the company’s growth prospects.

  • Loeb’s Third Point Increases Sara Lee, Takes Apple Stake

    Third Point LLC, the New York-based hedge fund run by Daniel Loeb, added to shares of Sara Lee Corp. and Yahoo! Inc. and reported a stake in Apple Inc. in the first quarter, according to a regulatory filing.

  • Yahoo-Alibaba Talks Falter as Third Point Steps Up Pressure

    Yahoo! Inc.’s board faced renewed shareholder pressure to make changes yesterday amid a breakdown in negotiations to sell its Asian assets, a deal that could generate more than $10 billion for the company.

  • Loeb Makes $122 Million on Yahoo as Thompson Steps Down

    Daniel Loeb’s New York-based Third Point LLC, has made almost $122 million so far on its stake in Yahoo! Inc. after successfully forcing Chief Executive Officer Scott Thompson to step down.

Advertisement
Sponsored Links
Advertisement
Curation software by Lingospot