1. Daniel Loeb's Third Point exits Alibaba, Microsoft, and Netflix

    Daniel Loeb's Third Point exits Alibaba, Microsoft, and Netflix

    Activist investor Daniel S. Loeb's hedge fund $17 billion Third Point LLC exited its positions in Alibaba ( BABA ), Microsoft ( MSFT ), and Netflix ( NFLX ) during the fourth quarter, according to the fund's latest 13-f filing . During the quarter, Third Point sold its 1.25 million shares of Netflix, 4.1 million shares of Microsoft, and 4.045 million shares of Chinese e-commerce giant Alibaba, the filing shows...

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