News Headline Summary

Third Point report 9.3% stake in Sotheby's (BID)

- Says wants CEO to step down.

Update details:

- Reported a 5.7% stake in August.

Reaction details:

- In an immediate reaction, BID shares rose 2.48% from USD 49.03 to USD 50.25.

Print 14:09, 02 Oct 2013 - US Equities - Source: Newswires