Gangsters facing lengthy jail time broke their silence decades ago, but the tradition appears to be alive and well among former employees of SAC Capital.
In an open letter to shareholders the activist investor said he will no longer push Apple to consider his proposal to return more cash to shareholders.
Sotheby's will pay investors a special dividend and buy back shares, months after activist investor Daniel Loeb called for a management shakeup at the auction house.
Shares of Herbalife tumbled 15% on reports that a U.S. Senator has called on regulators to investigate the controversial nutrition company.
EBay logged a slightly better-than-expected 13% jump in fourth-quarter earnings on Wednesday and also revealed a push by billionaire Carl Icahn to split up the tech giant.
Third Point’s Dan Loeb acquired a $1.3 billion stake in Dow Chemical in what marks the hedge fund’s largest position.
Nelson Peltz agreed to join the board of Mondelez International, avoiding a potential proxy battle between the activist investor and food giant.
By placing bearish bets on everyone from Tesla to Herbalife, short sellers have made serious waves in 2013.