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YORK (Reuters) - Martin J. Whitman, the founder of New York-based
investment firm Third Avenue Management and known for his "safe and
cheap" value-investing strategy, died Monday evening at 93, the firm announced on Tuesday.
YORK (Reuters) - Wells Fargo & Co's two biggest competitors have
been nabbing market share in lending to commercial and industrial
customers in the American heartland, a sign of how difficult it has
become for the scandal-tarnished bank to defend its position against
YORK (Reuters) - The biggest stock-picking fund at BlackRock Inc raised
its bet on Facebook Inc in March, a source familiar with the matter
said, making the social media company a top 10 equity holding and
apparently betting that Facebook's privacy scandal will not weigh on the
stock for long.
BOSTON (Reuters) - One of Destination Maternity Corp'slargest investors on Monday
accused the retailer of "governance shenanigans" and asked it to
clarify exactly how many directors will be elected at the annual
meeting, a regulatory filing shows.
(Reuters) - Well known U.S. activist investors including Nelson Peltz
and William Ackman took a hit from the first-quarter U.S. stock market
slump, with their funds losing money while some smaller players
- Billionaire investor Carl Icahn is cashing out of casino business
Tropicana Entertainment in a $1.85 billion deal that will see Eldorado
Resorts picking up Tropicana's casino operations including its crown
jewel in Atlantic City.
(Reuters) - Gatemore Capital Management has built a stake in Wincanton
and called on the British logistics company to break itself up by
selling one of its two divisions, according to a letter sent by Gatemore
to its own investors.