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AUG 14, 2014 - TheStreet

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Why Ally Financial (ALLY) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Ally Financial are up 2.99% to $24.15 on very heavy trading volume after it was reported that hedge fund manager Dan Loeb acquired a large stake in the finnancial services company during the second quarter, according to an SEC filing today, according to Market Watch. Loeb's Third Point fund acquired 45.6 million shares of the ...

Tags: Why Ally Financial (ALLY) Stock Is Higher Today,  Loeb Latest News

AUG 14, 2014 - TheStreet

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Yahoo! Shareholders Should Be Heeded, Not Attacked

NEW YORK (TheStreet) -- Is a shareholder who says something negative about the management team leading that company being “selfish” or “short-sighted”? Is a critique of a CEO an “attack”? I have been a shareholder of Yahoo! from 2006 to 2008 and then from December 2010 until today.  Combined that’s about 5.5 years that I’ve owned this stock.  So you can ...

Tags: Yahoo! Shareholders Should Be Heeded, Not Attacked,  Loeb Latest News

AUG 14, 2014 - MarketWatch

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Dan Loeb's Third Point takes 46 million share stake in Ally Financial

SAN FRANCISCO (MarketWatch) -- Hedge Fund manager Dan Loeb acquired a large stake in Ally Financial during the second quarter, according to a filing with the Securities and Exchange Commission Thursday. Loeb's Third Point fund acquired 45.6 million shares of the company during the latest reporting period, according to a 13F filing with the SEC. Loeb dumped stakes in Google ...

Tags: Dan Loeb's Third Point takes 46 million share stake in Ally Financial,  Loeb Latest News

AUG 14, 2014 - Business Insider

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Stocks Are Higher (DIA, SPX, SPY, QQQ, IWM, TLT, EWG, EWQ, WMT, PLUG)

Stocks are higher in afternoon trade on Thursday. The Dow is up 41 points, the S&P 500 is up 6 points, and the Nasdaq is up 11 points. Markets on Thursday are focused on the disappointing economic data out of Europe overnight.  Second-quarter GDP in the eurozone was flat compared with the first quarter's. Expectations were for the economic bloc's ...

Tags: Stocks Are Higher (DIA, SPX, SPY, QQQ, IWM, TLT, EWG, EWQ, WMT, PLUG),  Loeb Latest News

AUG 14, 2014 - Business Insider

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Dan Loeb Made A Big Bet On The Auto Loan Business (ALLY, DOW, COG, RAX)

Dan Loeb is making a big fat bet on auto sales.  Loeb's Third Point just released its latest 13F filing with the SEC, which revealed a new 45.6 million share stake in Ally Financial, the auto loan financier.    Other new stakes that Loeb took during the second quarter include cloud company Rackspace Hosting.  The filing also showed that Loeb ...

Tags: Dan Loeb Made A Big Bet On The Auto Loan Business (ALLY, DOW, COG, RAX),  Loeb Latest News