Hedge Fund - Third Point

In April, a hedge fund firm in Chicago snagged arguably the most sought after economic mind in the world: Ben Bernanke.

Warren Buffett had plenty of admirers Saturday at the annual meeting of his Berkshire Hathaway Inc. in Omaha, Nebraska.

Dan Loeb's Third Point has just issued its Investor Letter for the first quarter.

Earlier, Dan Loeb's Third Point took new positions in Yum Brands and Devon Energy while adding to stakes in Japan, according to a letter sent to investors Friday.

Ariad Pharmaceuticals founder and CEO Harvey Berger is exiting the struggling cancer drug company in a settlement with Sarissa Capital, the activist hedge fund led by Alex Denner, the company said Wednesday...

Hedge fund manager Kyle Bass has expanded the number of drug companies whose patents he has targeted to five.

Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on ...

Considering that the second-largest holding of Dan Loeb's Third Point, Alibaba Group Holding Ltd (NYSE:BABA), lost 19.92% of its stock value during the first quarter, the fund still managed to post impressive...

The possibility for a company to go public through an IPO is probably one of the best things that capitalism could've come up with.