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Third Point

Daniel Loeb

Japan's Fanuc must do buybacks, capex plan no fix: Loeb

Activist investor Daniel Loeb said Fanuc Corp's plan to boost investments was not enough to fix its "blatant capital inefficiency", stepping up calls for the Japanese industrial robot maker to reward shareholders through major buybacks.

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An Apple retail store

Top U.S. hedge funds cut Apple stakes ahead of all-time high

Top U.S. hedge fund management firms, including David Einhorn's Greenlight Capital and Philippe Laffont's Coatue Management, reduced their stakes in Apple Inc during the fourth quarter, ahead of the iPhone maker's strong rally in 2015, according to regulatory filings.

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Amgen

Despite Third Point, low expectations for Amgen breakup

Amgen Inc (AMGN.O), one of the world's largest biotechnology companies, will unveil next week its first strategy update since early 2013, but few expect a major shift like the split-up recently proposed by Daniel Loeb's Third Point hedge fund.

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Adidas Ag

Adidas seeks to placate investors with share buyback

German sportswear maker Adidas, facing investor discontent over its underperforming share price, announced on Wednesday plans to return to shareholders as much as 1.5 billion euros ($1.9 billion) over the next three years.

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Marissa Mayer, CEO of Yahoo!

Activist investor buys stake in Yahoo, urges AOL merger

Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc YHOO.O and urged the Internet company to explore a merger with AOL Inc AOL.N.

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Daniel Loeb

Loeb's hedge fund outperforms peers with returns 25.2% returns in 2013

With its 25.2% gain, activist investor Daniel Loeb's Third Point beat rivals in 2013, Reuters reported. Loeb's hedge fund stayed in line with the Standard & Poor's 500 Index which rose 29.6% in the same period.

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Sotheby's

Sotheby appoints Domenico De Sole as lead independent director amid pressure from activist investor

Auction house Sotheby's named Tom Ford International Chairman and former Gucci head Domenico De Sole as its lead independent director amid criticism from activist investor Daniel Loeb.

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Bain Capital

Sony under fire for operating losses, hires Bain to narrow down costs by USD100 million

Sony Entertainment sought the advice of consultancy firm Bain & Company to help identify more than USD100 million in cost cuts. The Japanese conglomerate reportedly suffered a USD181 million operating loss in the second quarter.

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Carl Icahn

Companies choose to engage in activist investors - report

When companies see activist investors as a threat before, a Reuters article said companies are now treating these types of investors as a catalyst for corporate change.

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Sotheby's collection

Sotheby's adopt "poison pill" after stake increase from Loeb

Sotheby's would adopt its shareholders right plan after Daniel Loeb's Third Point hedge fund planned to increase its stake in the company and pushed to shakeup the company's management team, said a Reuters report.

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Third Point Reinsurance Logo

Third Point launches IPO

Third Point announced they want to put up around US$322.20 million in its IPO to bolster its underwriting capacity.

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Yahoo Inc logo

Third Point to sell 40 million shares back to Yahoo Inc

Activist hedge fund Third Point LLC decided to sell back 40 million worth of shares to Yahoo Inc.

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Dan Loeb, Founder and CEO of Third Point LLC

Yahoo's buyback nets US$655 million for Third Point

Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share.

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Sony

Sony CEO prioritizes electronics operations amid shareholder requests to sell stake in entertainment division

Sony's Kazuo Hirai: His priority for the company would be consumer electronics.

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Ceptaris Secures $10 Million in Series D-1 Financing

Ceptaris Therapeutics, Inc has raised $10 million through a Series D-1 private placement of preferred stock.

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