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Dan Loeb

Oliver Barker coaxed bidders with charm at Sotheby's November 11 Contemporary Art Evening Sale. (Photo courtesy Sotheby's)

As Sotheby’s Profit Slips in 2nd Quarter, It Signals Changes to Target the .0001%

In an upbeat conference call with analysts, Mr. Smith acknowledged "the bumpy quarter" but said "we are recruiting talent" in contemporary art, are targeting under-served areas of the U.S., and plans to expand its sales in jewelry, wine, collectibles and car sales and perhaps add new lines of business. It will also offer more merchandise in the "middle-market" for the ultra-wealthy which it deems the $25,000 to $1 million market.
By Alexandra Peers
A general view of a Jeff Koons Balloon Monkey sculpture outside of Sotheby's. (Photo by Ben Hider/Getty Images)

Why I’m Worried About the Art World: Adam Lindemann on the Sizzle vs. the Steak

As the year begins, I’m troubled, worried, confused and concerned about the art world: Are we treading on thin ice, or can this bull market just charge along for over a decade? When was the last time the art market didn’t surprise and defy all logic? It’s up when it should be down and vice versa.
By Adam Lindemann

For Some of New York’s Most Successful, Transcendental Meditation

TM enthusiasts include billionaire hedge funder Dan Loeb, chef Mario Batali, social dragonfly Arianna Huffington, Cy Young Award-winner Barry Zito, and celebrities like Jerry Seinfeld, Russell Brand and Lena Dunham.
By Ben Widdicombe
Loeb. (Courtesy Getty Images)

Dan Loeb Will Join Sotheby's Board

By Dan Duray

Can Sony Be Saved? Bad Decisions Stifle Onetime Innovator

By Duff McDonald
Morgan Stanley CEO James Gorman

The End of the Bully Market: Morgan Stanley CEO James Gorman is Right

By Scott Sipprelle
As seen in a research note from Bill Gross yesterday.

Bill Gross’s Flavor Flav Note Is the New Most Bizarre Hip-Hop Reference on Wall Street

By Patrick Clark

Elliot Capital Seizes Ship From Argentinean Navy; ESM Weighs Plan to Guarantee New Spanish Debt: Roundup

By Patrick Clark

When Wall Street and Obama Trade Barbs, Does Anyone Actually Mean It?

By Patrick Clark

The Spouse That Roared: Hedge Funder’s Ex Slaps Him With Rico Charge

By Patrick Clark

Hell Hath No Fury Like a RICO Action: Racketeering Charges Filed in Hedge Fund Divorce

By Patrick Clark

Diamond Contradicted Again in Libor Hearings; HSBC Let Problems ‘Fester’: Roundup

By Patrick Clark

Yahoo’s Lying Thompson Did Less Damage Than Best Buy’s Cheating Dunn

By Patrick Clark
Shipping of to Brooklyn.

JPMorgan’s Drew and Yahoo’s Thompson Stepping Down, McClendon on the Way?

By Patrick Clark

Woman Who Gave Us Sex and the City Slot Machine To Leave Yahoo! Board

By Patrick Clark

Zuck Slips in Side Door, Thompson Says ‘Sorry Yahoos’ and Fashion-Forward Financier Saves Barney’s

By Patrick Clark

Yahoo! Should Be Trembling Over Dan Loeb’s Section 220(b) Request

By Patrick Clark
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