Herbalife Ltd


  • BOSTON, Nov 26- Hedge fund mogul William Ackman told investors they could see a $6 billion payday when he closes the chapter on Allergan Inc., his firm's biggest bet of 2014.. One week after Allergan agreed to sell itself to rival Actavis Plc., Ackman wrote in his quarterly investment letter that his Pershing Square Capital Management, the Botox-maker's biggest...

  • NEW YORK, Nov 14- Billionaire activist investor Carl Icahn increased his stake in e-commerce company eBay Inc. while booking more profits from his stake in Netflix Inc. in the third quarter, a regulatory filing showed on Friday. He cut his stake in Netflix, the streaming video company, by 353,000 shares to 1.4 million shares, a filing with the Securities and...

  • BOSTON, Nov 14- Soros Fund Management, one of the world's most widely followed investment firms, slashed its stake in Herbalife Ltd. by 60 percent during the third quarter, a period when Herbalife missed Wall Street earnings estimates and its stock price tumbled. Herbalife has become one of America's most closely watched companies since billionaire investor...

  • NEW YORK/ SAO PAULO, Nov 13- A director of U.S. nutrition company Herbalife is among 12 people charged in a years-old Brazilian embezzlement case that has never been mentioned in Herbalife public disclosures, according to court documents and company filings. Herbalife has become one of America's most closely-watched companies after billionaire investors...

  • BOSTON, Nov 6- Herbalife Ltd.' s new compliance chief has been on the job for exactly one month and on Thursday the supplements and weight loss company's biggest detractor, billionaire investor William Ackman, gave her pointers on how she might proceed. Herbalife's Nutrition Clubs' training programs, its compensation statements, income claims, sales of...

  • Under the 2010 Dodd-Frank law, the SEC gained power to pursue more enforcement cases in-house, whereby trials are decided by staff SEC judges rather than juries. While the agency might be tempted to turn to SEC administrative judges to avoid trial defeats like in the insider trading action against billionaire Mark Cuban, the courts have "functioned very...

  • Cramer: Bill Ackman isn't Herbalife's only problem Tuesday, 4 Nov 2014 | 11:05 AM ET
    Bill Ackman

    Lower guidance shows Herbalife faces challenges outside the relentless attacks from activist investors, says CNBC's Jim Cramer.

  • Early Movers: BABA, DISH, CVS, TIME, JPM & more Tuesday, 4 Nov 2014 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • Nov 3- Herbalife Ltd, a maker of weight-loss and nutritional products, slashed its full-year revenue and adjusted profit forecast as it wrote down the value of its Venezuelan assets. Ackman, who has taken a $1 billion short position against Herbalife, has said the company makes most of its money by recruiting new distributors rather than selling products to...

  • After-hours buzz: AIG, Herbalife, Sprint & more Monday, 3 Nov 2014 | 5:01 PM ET

    Companies making headlines after the bell Monday: AIG, Herbalife, Sprint & more.

  • Nov 3- Herbalife Ltd, a maker of weight-loss and nutritional products, reported a 92 percent fall in quarterly profit as legal costs rose and the company wrote down the value of Venezuelan assets. Herbalife's shares fell 11.6 percent after-market on Monday. The company, which strenuously denies claims by activist investor Bill Ackman that it is a pyramid scheme,...

  • Herbalife misses estimates, shares plunge Monday, 3 Nov 2014 | 4:41 PM ET
    An employee carries a box of products for shipment at the Herbalife Los Angeles distribution center in Carson, California, March 4, 2014.

    Herbalife reported earnings that missed expectations and offered a sales outlook that was well below forecasts, sending shares plunging 13 percent.

  • How hedge fund honchos weathered rough October Monday, 3 Nov 2014 | 3:53 PM ET
    Michael Novogratz, principal and director, Fortress Investment Group

    October was a rough month for much of the hedge fund crowd, where many players underperformed the U.S. stock market and wound up with big losses.

  • Early Movers: CVD, BLK, HLF, AAPL, PG & more Monday, 3 Nov 2014 | 7:53 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Will Friday‚Äôs rally continue on Wall Street? Monday, 3 Nov 2014 | 5:17 AM ET

    Wall Street looked to fall at the open on Monday, as disappointing European and Chinese data hit global market sentiment.

  • Fidelity star manager cuts Herbalife bet in third quarter Wednesday, 22 Oct 2014 | 3:21 PM ET

    BOSTON, Oct 22- One of Fidelity Investments' top stock pickers cooled on Herbalife Ltd in the third quarter, cutting his stake in the company after a profit miss and fresh allegations from billionaire investor William Ackman that it is a fraud. Steve Wymer, who runs the $41 billion Fidelity Growth Company Fund disclosed reducing his stake in Herbalife in a...

  • Herb Greenberg's Herbalife prediction     Wednesday, 22 Oct 2014 | 12:50 PM ET

    CNBC contributor Herb Greenberg, weighs in on analyst Tim Ramey's $110 price target on Herbalife.

  • Bull case on Herbalife     Wednesday, 22 Oct 2014 | 12:50 PM ET

    Shares of Herbalife have fallen more than 35 percent this year. Tim Ramey, Pivotal Research analyst, explains his $110 price target on the stock.

  • Herbalife CEO calls Ackman accusations a 'war' Tuesday, 21 Oct 2014 | 6:59 PM ET
    Michael O. Johnson, CEO of Herbalife, attends the LA Triathlon presented by Herbalife on September 25, 2011 in Los Angeles.

    Herbalife CEO, Michael Johnson, talks about the FTC investigation and Bill Ackman accusations in a recent interview with Los Angeles Magazine.

  • In a complaint filed in Manhattan federal court, Jordan Peixoto said the SEC "intentionally and strategically" singled him out by pursuing an administrative proceeding to force a settlement, rather than sue him in federal court. In a Sept. 30 complaint, the SEC alleged that Peixoto made $47,100 in December 2012 by trading illegally in Herbalife put options, after...