Government Agencies FTC

  • WASHINGTON, July 27- Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday. "Millions of Americans rely daily on generic drugs to treat a wide range of illnesses," Debbie Feinstein, director of the FTC's...

  • WASHINGTON, July 27- Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest more than 75 generic drugs to rival firms, the Federal Trade Commission said on Wednesday. The $40.5 billion deal, which was announced in July 2015, solidifies Teva's position as the world's No. 1 maker of...

  • WASHINGTON, July 27- Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest more than 75 generic drugs to rival firms, the Federal Trade Commission said on Wednesday.

  • STOCKHOLM, July 27- YouTube video star PewDiePie's company made 70 million crowns profit in 2015, an annual report filed in Sweden showed, following controversy over payments for video game promotion. He was among those named by the U.S. Federal Trade Commission this year as one receiving payments for posting positive videos and reviews of Warner Bros Home...

  • Herbalife responds to Ackman call

    Herbalife is saying after two years of working with the FTC, the company understands the terms of the settlement, reports CNBC's Scott Wapner.

  • Ackman: FTC's findings on Herbalife are clear

    The "FMHR" traders and John Spallanzani, GFI Group Chief Macro Strategist, discuss Ackman's response to the FTC Herbalife settlement.

  • Robert Chapman: What's next for Herbalife

    Robert Chapman, Chapman Capital, comments on Herbalife's $200M agreement with FTC, as well as his views on the future of its stock.

  • Ramey is long Herbalife

    Tim Ramey, Pivotal Research Analyst, comments on the $200M Herbalife settlement with FTC.

  • Herbalife marketers claimed dream lifestyle: FTC

    FTC Chairwoman Edith Ramirez announces the settlement with Herbalife. CNBC's David Faber provides perspective.

  • July 15- Herbalife Ltd said it would settle with the U.S. Federal Trade Commission for $200 million to avoid being labeled a pyramid scheme, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker. Ackman's Pershing Square Capital Management unveiled a $1 billion short bet against the company in 2012..

  • Icahn statement on Herbalife

    Carl Icahn, Herbalife's largest shareholder releases a statement after the FTC announces it reached a $200 million settlement with Herbalife.

  • FTC reaches $200M settlement with Herbalife

    The FTC and Herbalife have reached an agreement, reports CNBC's Scott Wapner.

  • July 15- Weight-loss products maker Herbalife Ltd will pay $200 million to avoid being classified as a pyramid scheme under a settlement with the Federal Trade Commission, the Wall Street Journal reported, citing people familiar with the matter. The FTC opened a probe of Herbalife in 2014 following allegations by hedge fund manager William Ackman that it had a...

  • July 15- Herbalife Ltd is expected to announce a settlement with the Federal Trade Commission, under which the regulatory body has determined that the weight-loss products maker is not a pyramid scheme, CNBC tweeted, citing Dow Jones. The FTC opened a probe of Herbalife in 2014 following allegations by hedge fund manager William Ackman that it had a fraudulent...

  • Stefano Pessina

    Walgreens' Pessina estimates that the combined company will have to sell roughly 500 stores in order to gain regulatory approval from the FTC.

  • TORONTO, July 5- The parent company of infidelity dating site Ashley Madison, hit by a devastating hack last year, is now the target of a U.S. Federal Trade Commission investigation, the new executives seeking to revive its credibility told Reuters. Have an affair, "cost Avid Life Media more than a quarter of its revenue, Chief Executive Rob Segal and President James...

  • TORONTO, July 5- The parent company of infidelity dating site Ashley Madison, hit by a devastating hack last year, is now the target of a U.S. Federal Trade Commission investigation, the new executives seeking to revive its credibility told Reuters. Have an affair ", cost Avid Life Media more than a quarter of its revenue, Chief Executive Rob Segal and President James...

  • June 30- Canadian chemical maker Superior Plus Corp said it scrapped the acquisition of rival Canexus Corp as they could not agree on terms, two days after the C $324 million deal was approved by Canada's antitrust regulator. The U.S. Federal Trade Commission had opposed the merger on Monday, saying the companies were two of the three manufacturers of a chemical...

  • June 30- Superior Plus Corp said it had terminated a C $324 million deal to buy fellow Canadian chemical company Canexus Corp after failing to agree on terms. The scrapping of the deal comes three days after the U.S. Federal Trade Commission opposed the merger, saying the companies were two of the three manufacturers of a chemical needed to whiten wood pulp for...

  • WASHINGTON, June 27- U.S. antitrust regulators filed a complaint on Monday to block the proposed merger of Canadian chemical companies Superior Plus Corp and Canexus Corp.. The U.S. Federal Trade Commission said in a statement that the companies are among three major North American producers of sodium chlorate, a chemical used to whiten wood pulp for making...