WATERSOUND, Fla. _ The St. Joe Co. on Thursday reported a fourth-quarter loss of $11.1 million, after reporting a profit in the same period a year earlier. The Watersound, Florida- based company said it had a loss of 12 cents per share. For the year, the company reported profit of $406.5 million, or $4.40 per share.
Take a look at some of Friday's midday movers: Aeropostale, Hewlett-Packard & more.
Stocks of SunEdison and Conn's jumped Tuesday on news that David Einhorn's Greenlight Capital had opened new positions in them.
Some of Tuesday's midday movers:
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
Einhorn, the CEO of hedge fund Greenlight Capital, is best known for market-moving "short" bets on companies like Green Mountain Coffee Roasters.
Take a look at some of Wednesday's midday movers:
Here's five dumb things that happened on Wall Street, running the gamut from Research in Motion to coffee.
Fairholme Capital is increasing its stake in the Florida real estate developer St. Joe, six months after its founder was named chairman of the board.
He made a pretty penny shorting real estate ahead of the housing bubble. Find out where Whitney Tilson sees opportunity in real estate, now!
After a month-long battle with St. Joe's management, mutual fund manager Bruce Berkowitz notched a victory Friday, as the company named him chairman.
The St. Joe drama just got even more interesting; enter former Florida Gov. Charlie Crist!
Stocks ended higher, once again hitting multi-year highs as the S&P finished at double its lowest level during the financial crisis. JPMorgan and HP rose, while Verizon fell.
Stocks continued to rise on strong earnings and economic news after the Federal Reserve reported its policy setting committee disagreed over whether the stimulus should continue, but felt making changes in the program would be inappropriate. JPMorgan and HP rose, while Verizon fell.
St. Joe comes back with the latest salvo in the ongoing battle for the Florida real estate developer. St. Joe management is rejecting a plan for a board coup floated earlier today by shareholder Fairholme Capital’s Bruce Berkowitz.
Stocks significantly pared gains amid word out of Israel that Iranian warships would be going through the Suez Canal. JPMorgan and HP rose, while Verizon fell.
St. Joe Company's largest shareholder may have failed in his first attempt to change the company's direction, but Fairholme Capital's Bruce Berkowitz is not done yet.
Asian markets are all up 1 to 2 percent, with China up 2.5 percent (biggest gain in two months), most Arab bourses are down fractionally (Egypt still has not reopened).
The traders are watching a potential battle that’s brewing at land developer St Joe.
Stocks pared their losses in the final minutes of trading to end mixed Wednesday, with the Dow finishing higher for an eighth-straight session.