Herbalife sells nutrition supplements but continues to be the target of Bill Ackman, as he alleges that the company is actually a pyramid scheme.» Read More
Aug 1- Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating securities laws by using insider information as they prepared a takeover bid for the drug company.
BOSTON, July 31- Billionaire investor William Ackman called himself his "own worst enemy" in reviewing why last week's much hyped presentation on Herbalife Ltd.' s nutrition clubs failed to deliver the "death blow" he had originally promised.
*Merck rises as results beat expectations, but Pfizer slips. Windstream Holdings jumped 12.8 percent to $11.88 in its busiest trading day on record after the company filed to spin off assets into a tax-efficient publicly-traded real estate investment trust.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks rose Tuesday on news about a spinoff in the telecommunications sphere that sent most stocks in the sector soaring and on better-than-expected results from Pfizer and Merck.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks were set to rise slightly at the open on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on consumer sentiment. Pfizer's higher-than-expected second-quarter earnings were helped by growing sales of its cancer medicines.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stock index futures edged higher on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on home prices and consumer sentiment.
GEORGE TOWN, Cayman Islands— Herbalife Ltd. on Monday reported profit that decreased by 17 percent in its second quarter, and missed analysts' expectations. The George Town, Cayman Islands- based company said earnings fell to $119.5 million, or $1.31 per share, from $143.2 million, or $1.34 per share, in the same quarter a year earlier.
July 28- Herbalife Ltd, a maker of weight-loss and nutritional products, cut its sales outlook for the year after raising it three months earlier, sending its shares down 10.5 percent in extended trading.
*Dollar Tree offers to buy Family Dollar; deal valued at $9.2 bln. Dollar Tree Inc offered to buy rival discount chain Family Dollar Stores Inc for about $8.5 billion. Zillow Inc agreed to buy Trulia Inc for $3.5 billion in stock in a deal that would combine the two most popular U.S. real estate website operators Trulia's shares jumped 15.4 percent to $65.04.
Check out which companies are making headlines after the bell Monday.
July 28- Herbalife Ltd, a maker of weight-loss and nutritional products, reported a 17 percent drop in quarterly profit as costs rose, sending its shares down 7 percent after the bell. Net income fell to $119.5 million, or $1.31 per share, in the second-quarter ended June 30, from $143.2 million, or $1.34 per share, a year earlier. Revenue rose 7 percent to $1.31 billion.
CNBC contributor Herb Greenberg provides instant analysis to Herbalife's quarterly numbers.
Herbalife is reporting Q2 EPS of $1.55 ex-items on revenue of $1.31 billion, with CNBC's Bertha Coombs and Kelly Evans.
Jim Cramer sees plenty of money making opportunities scattered across almost every sector of the market. Here's what's on his calendar.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Herb Greenberg, CNBC contributor, provides a reality check on whether or not billionaire investor Bill Ackman actually made his case against Herbalife.
Pershing Square Capital Management clients aren't very concerned about Herbalife's big gain yesterday.
As Bill Ackman said Herbalife needs to be shut down, the stock soared. Here's how much he may have lost in options alone.
With Wall Street clearly disagreeing with Bill Ackman, do you think the activist investor is on the wrong side of the Herbalife trade?
By reflecting on the worst of the market, Jim Cramer often finds valuable lessons that inform his decisions going forward.