Elliott Management sent a letter to Family Dollar's board, nominating seven new directors on Friday.
The big "bucks" keep flowing from Manhattan to Milwaukee with Jamie Dinan of York joining as an owner of the NBA's Bucks.
Billionaire David Einhorn's hedge fund Greenlight Capital plans to raise money for the first time in two years.
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Pimco need only look at its own performance for a lesson in the perils of active management, Fidelity founder Bogle said.
Weakness in Europe has been the dominant driver behind the recent volatility in U.S. stock markets, Mary Callahan Erdoes said.
As Doug Kass sees it, "IBM" just as easily could stand for "I need Buffett's Money."