Herbalife Ltd (HLF.N)
31 May 2016
May 24 Shares of Herbalife Ltd jumped as much as 8.5 percent amid conflicting reports on whether the company had reached an agreement in principle with the U.S. Federal Trade Commission to settle a probe into whether it runs a pyramid scheme.
* No settlement is imminent between Herbalife and the FTC - CNBC citing source Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
Herbalife Ltd , which has been accused by billionaire investor William Ackman of being a fraud, said it was in advanced talks with the U.S. Federal Trade Commission to settle a probe into whether it runs a pyramid scheme.
* Herbalife said talks with FTC are in advanced stages, and it could face a payment of about $200 million - CNBC Source text -(http://cnb.cx/1Wb42Em) Further company coverage: (Bengaluru Newsroom)
May 5 Herbalife Ltd's quarterly sales rose 1.3 percent, the first rise after five quarters of decline, as demand for its health supplements increased in North America and China.
March 3 Nutritional supplements maker Herbalife Ltd said a database error caused the company to overstate growth in new members over the past three quarters, potentially adding fuel to short-seller Bill Ackman's campaign against the company.
BOSTON, Feb 16 William Stiritz, one of the largest investors in Herbalife Ltd, cut his stake in the nutrition and weight loss company to 5.2 percent, down from 8.2 percent, according to a regulatory filing on Tuesday.
BOSTON, Feb 16 William Stiritz, one of the largest investors in Herbalife Ltd, cut his stake the nutrition and weight loss company to 5.2 percent of the company, down from 8.2 percent, according to a new regulatory filing made on Tuesday.
BOSTON, Feb 9 Hedge fund manager William Ackman, who has a $1 billion short bet on Herbalife stock, on Tuesday released a video of former Herbalife sellers claiming the company misled them.
Jan 31 Two government probes into the conduct of longtime antagonists Pershing Square Holdings and Herbalife have failed to find sufficient evidence of criminal wrongdoing by either party, the Wall Street Journal said, citing people familiar with the matter.
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