The changes requested by the Third Point hedge fund underscore the idea that legacy food brands must radically shake up their portfolios to remain profitable.
NYS Entity Status
NYS Filing Date
NOVEMBER 20, 2013
NYS DOS ID#
251 WILLOW GROVE
STONY POINT, NEW YORK, 10980
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - JOANNE CASEY LLC
AROUND THE WEB
- Shareholders Demand More Drastic Shifts at Nestlé
By STEPHANIE STROM - Tuesday Jun 27, 2017
- Third Point, a Hedge Fund, Sets Its Activist Sights on Nestlé
By MICHAEL J. de la MERCED - Sunday Jun 25, 2017
The fund, run by Daniel S. Loeb, has called on the Swiss food giant to sell its stake in L’Oréal and move more quickly to adapt to changing consumer tastes.
- Dan Loeb's Third Point Makes Its Largest-Ever Bet With Nestlé Stake
Sunday Jun 25, 2017
Billionaire activist investor Daniel Loeb’s Third Point LLC hedge fund has taken a $3.5 billion stake in Nestlé SA, piling pressure on the world’s largest packaged foods company to find ways to accelerate growth.
- Dan Loeb buys a chunk of Nestle, blasts ‘staid’ culture
By Carleton English - Monday Jun 26, 2017
Dan Loeb just placed his biggest bet ever on a chocolate company. The activist investor’s hedge fund Third Point LLC amassed a $3.5 billion stake in Nestle, the world’s largest packaged foods company, representing roughly 1.25 percent of the Swiss-based company’s shares. Loeb is hoping to reinvigorate the brand amid changing food tastes as well...
- Our bodies hurt watching this dude down four In-N-Out 4x4s in 3 minutes flat
By Laura Vitto - Friday Jun 30, 2017
Ahead of Tuesday's Nathan's Hot Dog Eating Contest, competitive eater Matt Stonie took a break from hot dog prep in favor of four massive, 4x4 In-N-Out burgers. In just 3 minutes, Stonie downs 16 cheese-draped patties with just a little help from a giant diet coke. We've got phantom heartburn just watching this.
Now, back to hot dogs:More about Watercooler, Food, Culture, and Web Culture
- China Fears Lead to Muzzling Shanghai Market Talk
Monday Jun 4, 2012
After the Shanghai stock market fell 64.89 points, a number that coincided with the Tiananmen Square anniversary, China's Internet monitors clamped down on online discussions. Michael Casey has details on Markets Hub. Photo: Associated Press.