Government Agencies FTC

  • EpiPen

    Mylan raised the prices of 24 drug products more than 20 percent. One went up by 542 percent. Another by 444 percent.

  • WASHINGTON, Aug 10- Caledonia Investments PLC has agreed to pay $480,000 to resolve charges that it failed to report to antitrust enforcers share purchases that it made in 2014, the Federal Trade Commission said on Wednesday. Caledonia, an investment trust company which is based in London, handled 2008 purchases of shares of Texas- based Bristow Group Inc by...

  • WASHINGTON, Aug 10- Caledonia Investments PLC has agreed to pay $480,000 to resolve charges that it failed to report to the government share purchases made in 2014, the Federal Trade Commission said on Wednesday. Caledonia, an investment trust company which is based in London, handled 2008 purchases of shares of Bristow Group Inc by properly reporting them, and...

  • WASHINGTON, Aug 8- U.S. antitrust enforcers filed a complaint against 1-800 Contacts on Monday, alleging that the online contact lens seller reached agreements with 14 rivals which would hamper consumers seeking to compare prices. The Federal Trade Commission alleged in an administrative complaint that 1-800 Contacts had reached agreements with 14 other...

  • WASHINGTON, Aug 8- The U.S. Federal Trade Commission said on Monday it had sued 1-800 Contacts, which it called the largest U.S. online retailer of contact lenses, alleging the company illegally maintained anticompetitive agreements with rival online contact lens sellers.

  • Aug 3- Herbalife Ltd's on Wednesday posted second-quarter results that beat forecasts as strong demand for the marketing company's nutrition products helped offset a $203 million payment to settle a U.S. probe into its business practices. Herbalife agreed in July to settle the Federal Trade Commission investigation and change its business model after...

  • A Canadian Pacific Railway freight train in Alberta, Canada.

    Hedge fund Pershing Square Capital Management sold its entire stake of 9.8 million shares, The New York Times reports.

  • Aug 3- Herbalife Ltd reported better-than-expected quarterly sales and profit, helped by demand for its weight management and targeted nutrition products in North America as well as Europe and Middle East and Africa. The report is Herbalife's first since it agreed last month to pay $200 million to the Federal Trade Commission and change the way it does...

  • FRANKFURT, July 29- Mercedes-Benz has withdrawn an advert in the United States which compared its new E-class with a futuristic self-driving concept car following allegations from local consumer groups that the marketing claims were misleading. Earlier this week, U.S.-based Consumer Reports urged the U.S. Federal Trade Commission to scrutinize Mercedes' "...

  • 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.