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>> LOEB Latest News

1 HOUR AGO - New York Post

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Hedgie Loeb secures strong backer in Sotheby’s board battle

Thanks to his impressive art collection, billionaire hedge-fund manager Dan Loeb has won a powerful ally in his rancorous battle with Sotheby’s. Loeb, who owns 9.6 percent of Sotheby’s, is...

Tags: Hedgie Loeb secures strong backer in Sotheby’s board battle,  Loeb Latest News

9 HOURS AGO - Forbes

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The Unwarranted Power Of ISS In Dan Loeb Vs. Sotheby's

ISS gave its blessing to two of Dan Loeb's three board nominees, leading to a stock surge as investors followed the Third Point founder into the stock. Yet, the implicit power granted to ISS may be unwarranted, academic research shows.

Tags: The Unwarranted Power Of ISS In Dan Loeb Vs. Sotheby's,  Loeb Latest News

11 HOURS AGO - Yahoo! News

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ISS recommends votes for two Loeb nominees to Sotheby's board

By Svea Herbst-Bayliss BOSTON (Reuters) - A prominent investor shareholder advisory firm recommended that Sotheby's investors should vote for two of the three board candidates suggested by activist investor Daniel Loeb. Institutional Shareholder Services sent a report to clients early on Thursday morning that backs Loeb, an avid art collector who has been pushing the auction house to cut costs ...

Tags: ISS recommends votes for two Loeb nominees to Sotheby's board,  Loeb Latest News

11 HOURS AGO - TheStreet

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Why Sotheby's (BID) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Sotheby's  are up 5.31% to $42.81 after the art auctioneer released preliminary, unaudited financial results for the first quarter. Sotheby's said it expects to report that net auction sales increased by 40% from the prior year to approximately $730 million. It noted that the improvement is primarily due to a $113 million, or 34%, increase in ...

Tags: Why Sotheby's (BID) Stock Is Higher Today,  Loeb Latest News

13 HOURS AGO - MarketWatch

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