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Fairholme Capital Talks About St. Joe Investment With Bloomberg Television
Tuesday, July 5, 2011 - 11:07am
Bruce Berkowitz, founder of Fairholme Capital Management LLC and chairman of controversial Florida real estate company St. Joe Co., appeared on Bloomberg TV early this morning to discuss the SEC's formal investigation of him and St. Joe. Berkowitz said he voluntarily issued the 8K disclosure on St...
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St. Joe's Plunging 7% As SEC Steps Up Investigation
Tuesday, July 5, 2011 - 10:58amThe St. Joe Company (NYSE: JOE) is plunging today, down more than 7% after the company disclosed that the SEC has started a formal investigation of the company, as well as chairman Bruce Berkowitz's Fairholme Capital. The SEC is looking into whether the company on a variety of issues. The issues...
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Monday, February 28, 2011 - 10:21am
Round One To Berkowitz (JOE)
It looks like Bruce Berkowitz is starting to make some serious headway with his position in The St. Joe Company (NYSE: JOE). Britt Greene, the company's President and CEO has resigned effectively this week, and has also resigned from from the Company's Board of Directors, effectively immediately....
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St. Joe Responds To Bruce Berkowitz (JOE)
Wednesday, February 16, 2011 - 2:02pmCNBC's Mary Thompson is reporting that St. Joe Company (NYSE: JOE) is responding back to Bruce Berkowitz, who resigned from the board earlier this week. The company is saying that Fairholme and Berkowitz wants to control the company, it should just buy the the company and pay all shareholders a...
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Wednesday, February 16, 2011 - 9:22am
Berkowitz' Scathing Insider's Report On St. Joe Management (JOE)
After maintaining a strong bullish position on St. Joe (NYSE: JOE) and even joining the company's board, Bruce Berkowitz recently resigned from the board within weeks and has changed his mind on the quality of management at St. Joe. Berkowitz appeared today on CNBC to provide some color on his...
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Wednesday, February 16, 2011 - 9:15am
Bruce Berkowitz Going Hostile On St. Joe (JOE)
According to a tweet from Todd Sullivan, who spoke at the Harbor Investment Conference, Bruce Berkowitz and Fairholme Capital are launching a website to try to replace the board of directors at The St. Joe Company (NYSE: JOE). The site will be entitled "Takebackjoe.com" and will go live in a few...
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St. Joe Shooting Up (JOE)
Tuesday, February 15, 2011 - 11:17amThe St. Joe Company (NYSE: JOE) shares are shooting up 45 minutes into trading, up 66 cents to $26.72, a gain of 2.5%. Over 450,00 shares have already been traded today. St. Joe has been receiving a lot of press recently, as Bruce Berkowitz, of Fairholme Capital, recently resigned from the board...
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St. Joe's Responds To Berkowitz Resignation (JOE)
Monday, February 14, 2011 - 1:46pmThe St. Joe Company (NYSE: JOE) has responded back to Bruce Berkowitz's resignation from the board of directors. The company said that it's committed to strong corporate governance, and that the resignations of Berkowitz, and his partner Charlie Fernandez, were not in shareholder interest. From...
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Why Is Bruce Berkowitz Resigning From St. Joe? (JOE)
Monday, February 14, 2011 - 9:14am
Bruce Berkowitz is resigning from the St. Joe Company (NYSE: JOE) board this morning, as witnessed in this 13-D filing. In an email disclosed in the filing, Berkowitz writes: Directors of St. Joe: The two of us have discussed the situation at St. Joe and its nominating and governance process. We...
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St. Joe Continues Down (JOE)
Thursday, February 10, 2011 - 11:55amThe St. Joe Company (NYSE: JOE) shares continue down today, losing another 1.6%, just a couple of days after the company announced it would be exploring strategic alternatives. Shares initially spiked higher yesterday in the morning on the news, but shares gave up all their gains and finished down...
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