Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Loeb’s Third Point Says CF Should Boost Dividend

Third Point LLC, the hedge fund run by Daniel Loeb, amassed new stakes in BlackBerry Ltd., T-Mobile US Inc. and Apple Inc.

The fund bought about 1.9 percent of BlackBerry’s shares, almost 1 percent of T-Mobile’s stock, and 100,000 Apple shares during the fourth quarter, according to a filing today with the U.S. Securities and Exchange Commission. Third Point also revealed a 1.3 percent stake in Hertz Global Holdings Inc. among other new positions.

While most of New York-based Third Point’s investments aren’t activist -- where try to force management and boards to make changes that boost shares and returns -- it’s those campaigns that attract the most attention. Loeb last year targeted Dow Chemical Co., Sony Corp., CF Industries Holdings Inc., and Sotheby’s.

In July, billionaire Loeb sold most of his stake in Yahoo! Inc. back to the company and left the board after an almost two-year effort to revamp the Web portal. Loeb became a director in May 2012 in a shakeup tied to the ouster of former Yahoo Chief Executive Officer Scott Thompson. Loeb helped bring in Google Inc. executive Marissa Mayer as CEO.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.