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Behind Daniel Loeb's April Gains

The Third Point founder won some (Yahoo, Japan) and lost some (gold).

       Third Point's Daniel LoebDaniel Loeb’s Third Point Offshore Fund extended its gains in April, posting a 1.4 percent increase for the month. As a result, the $6.3 billion fund is up by 10.5 percent for the first four months of the year, compared with a gain of 12.7 percent for

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