Dan Loeb is the founder of Third Point Capital, a hedge fund with a substantial stake in Yahoo! (NASDAQ: YHOO). He has been shaking things up at Yahoo by attempting to replace multiple board members. Yahoo offered Loeb the opportunity to influence two board seats. Loeb nominated himself, but Yahoo...
Read More >>Dan Loeb of Third Point Capital is a significant Yahoo! (NASDAQ: YHOO) shareholder. He has been attempting to influence Yahoo by replacing multiple Yahoo board members. Yahoo offered Loeb an opportunity to influence two board seats. Loeb nominated himself for one of the two, but earlier today,...
Read More >>The Mac maker has plenty of cash to burn and billions more on the way. But is it time for Apple to make its biggest acquisition in company history? Yes, says hedge fund manager Eric Jackson. The Ironfire Capital founder and managing member recently wrote about this matter on Forbes. While Jackson'...
Read More >>Ironfire Capital's Eric Jackson weighs in on Google, its future, and Project Glass. "I'm very bearish on Google," he told Benzinga. "I'm not short Google. [But] it's definitely a company we're interested in shorting at some point in the next year or so." Jackson, who is the founder and managing...
Read More >>Remember back in December when Google said that it would release an iPad-killer in six months? May is fast approaching, and the company has not made any additional announcements. "It's kind of the same thing; until they actually deliver a great consumer product -- whether it's a phone or a tablet...
Read More >>Hedge fund manager makes bold call on Apple's long-awaited television set. This week, Apple (NASDAQ: AAPL) CEO Tim Cook explained how each major product sells faster than the last. "We've now -- through the last quarter, I should say, which is just two years after we shipped the initial iPad --...
Read More >>The Mac maker is on the list of firms who could/should acquire the social media empire. But Google is a much more likely candidate. Whenever a major acquisition occurs, the world scrambles to figure out which companies will be acquired next, how much they will sell for, and who will buy them. If a...
Read More >>Ironfire Capital founder and managing director Eric Jackson weighs in on the issue. "A lot of ex-employees believe that there is enormous fat there to cut and that it might even be possible to cut it down by half," Jackson, whose company specializes in long/short investments and corporate...
Read More >>More changes could be headed to Yahoo! According to Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, Yahoo! (NASDAQ: YHOO) could be looking to replace the ailing search engine partnership with a more lucrative deal. "Yahoo!'s relationship with Bing has been a...
Read More >>Eric Jackson has the answer. "I think Yahoo! (NASDAQ: YHOO) and AOL (NYSE: AOL) are very similar companies," Jackson, the founder and managing member of Ironfire Capital, told Benzinga. "Everybody hated AOL up till last Friday. You couldn't find anybody to say anything positive about [that company...
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