Third Point Sells Out Of PDL

Nov 12 2007 | 11:43am ET

Daniel Loeb is flying the white flag.

Loeb's activist hedge fund shop Third Point has dumped its remaining stake in PDL BioPharma, selling more than six million shares of the Fremont, Calif.-based pharmaceutical between Oct. 30 and Nov. 9.


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David Baran is co-founder of Tokyo and Singapore-based Symphony Financial Partners...

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Claren Road Asset Management co-founder Sean Fahey isn't doing much to endear...

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Publisher's Note

    Occupy GAIM Fizzles

    Jan 23 2012 | 11:26am ET

    South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…