Herbalife Ltd (HLF.N)
25 Jun 2015
BOSTON, June 26 - Hedge fund manager William Ackman, who has made a $1 billion bet against Herbalife Ltd , on Friday asked the company's chief executive officer to release a video and say why he told an audience years ago that participating in Herbalife was a "lottery ticket."
BOSTON, May 15 - A handful of big money managers boosted their stakes in Herbalife Ltd during the first quarter, joining billionaire investors Carl Icahn and George Soros in their gamble the company will overcome a raft of U.S. federal investigations.
BOSTON, May 12 - A union representing workers in New Jersey gambling hub Atlantic City said on Tuesday it asked the state's top prosecutor to investigate Herbalife Ltd, saying it is worried the nutrition supplements company could "prey" on unemployed workers in the casino industry.
May 5 - Weight-loss and nutritional products maker Herbalife Ltd raised its full-year profit forecast, encouraged by growing sales in China, sending its shares soaring after-hours.
May 5 - Nutritional products maker Herbalife Ltd reported a 5 percent rise in quarterly profit as costs fell and the company raised its full-year profit and sales forecasts.
The market is undergoing something of a shift as bond yields rise and the dollar's strength abates in response to the unexpectedly strong data out of Germany that suggests a small pickup in the economy and a renewed expectation for modest inflation. This is in contrast to a few months ago, when deflation was the expected condition for months to come. The dollar's slump should peter out at some point, given the advantage of U.S. yields, but yields may need to back up further, particularly if U.S.
NEW YORK, April 13 - Billionaire investor William Ackman, who has long accused Herbalife Ltd of being a fraud, said on Monday that the top executives at the nutrition and supplements company are hiring their own lawyers as government investigations pick up pace.
* Indexes up: Dow 0.52 pct, S&P 0.55 pct, Nasdaq 0.45 pct (Updates to morning trading, adds data)
April 6 - U.S. federal law enforcement agencies contacted several top Herbalife Ltd members last week seeking information on their business practices, CNBC reported, citing sources familiar with the matter.
* Futures off: Dow 129 pts, S&P 14.5 pts, Nasdaq 30 pts (Adds upcoming data, Uniqure, Qualcomm, Tesla; updates prices)
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