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.
NYS Entity Status
NYS Filing Date
NOVEMBER 26, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - FALCON RIDGE RE FUND LLC
AROUND THE WEB
- Third Point, a Hedge Fund, Sets Its Activist Sights on Nestlé
By MICHAEL J. de la MERCED - Sunday Jun 25, 2017
- Shareholders Demand More Drastic Shifts at Nestlé
By STEPHANIE STROM - Tuesday Jun 27, 2017
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.
- ‘Game of Thrones': Clues About the Ironborn and House Greyjoy From Real Viking History (Guest Blog)
By Carolyne Larrington, provided by
- Friday Jul 7, 2017
Ironborn military power is underpinned by their slender, beautifully designed warships which allow them to strike at will along the Westerosi coastline, and so it’s tempting to compare them with the Vikings, the medieval Scandinavian raiders who brought terror to Europe for three centuries.When he discovers that Theon’s splendid neck chain was bought rather than stolen, Balon tears it from his son’s neck, snarling, “That bauble around your neck, did you pay the iron-price for it, or the gold?” Balon clearly is not the kind of medieval Scandinavian king who would be celebrated by his court poets (skalds) for distributing treasure; no one would praise him as a “breaker of rings” or a “thrower of gold” or even a “hater … of the flame-red dragon square,” to cite just a few of Old Norse poetry’s terms for the generous king.The military successes of the Viking-age Scandinavians — settling northern England, founding Dublin and establishing the duchy of Normandy — were possible because their ships could travel far up the great rivers of Europe.The Great Army which swept across northern England in 865 A.D. took horses from those they defeated and thus were mobile enough to achieve military success inland, away from the rivers and coastlines where they easily could regroup on their ships.The Ironborn’s faith is very different from any version of Viking religion that we know of, but their belief in life after death closely resembles a watery version of Valhalla, the god Odin’s great hall, where the valkyries bring heroes who die in battle.When Yara and Theon sailed to Meereen to put their 50 ships at the disposal of Daenerys Targaryen for her long-anticipated invasion of Westeros, Daenerys agreed to support Yara’s claim to the Salt Chair, the Ironborn throne.The Vikings may have left their homelands because population pressure made it hard for them to sustain a living by agriculture on the thin soils and limited flatlands of the Norwegian or Icelandic fjords.For most of the Viking Age, Vikings were already successful traders, dealing in foodstuffs, timber, furs, falcons and slaves all across the North Atlantic, settling into lives as merchants and craftsmen in thriving towns such as Bergen and Trondheim.
- Rooted in Counterculture, Whole Foods’ Founder Finds an Unlikely Refuge
By MICHAEL J. de la MERCED and ALEXANDRA STEVENSON - Friday Jun 16, 2017
John Mackey wanted to fight off the activist investors attacking Whole Foods. He found a savior in Amazon, a company blamed for laying waste to retailers.
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Women of Sex Tech, Unite
By ANNA NORTH - Friday Aug 18, 2017
New York is becoming a cultural center for young women trying to disrupt the male-dominated industries of design engineering and sex toys.