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Herbalife Ltd

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  • BEIJING— All-expenses-paid trips to reward top salespeople aren't unusual, but direct marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme by sending thousands abroad on package tours. One company is sending 12,700 salespeople to Thailand on a tour that continues until next week. vice-chairman Xu Guowei...

  • 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. Unite Here Local 54 is the latest group to ask officials across the United States...

  • High Liner Foods posts 1Q profit Tuesday, 12 May 2015 | 10:00 AM ET

    Lunenburg, Nova Scotia _ High Liner Foods Inc. on Tuesday reported earnings of $12 million in its first quarter. High Liner Foods shares have increased 1.5 percent since the beginning of the year. Keywords: High Liner Foods, Earnings Report.

  • *Private employers add fewest jobs since Jan 2014. May 6- U.S. stocks were lower in early afternoon trading on Wednesday after a triple whammy of a pullback in energy stocks, weak jobs data and Janet Yellen's comment that equity valuations are "generally quite high." Wall Street had opened higher, but reversed course early in the session after the U.S.

  • *Private employers add fewest jobs since Jan 2014. May 6- U.S. stocks moved lower in morning trading on Wednesday after U.S. Federal Reserve Chair Janet Yellen said equity valuations are "generally quite high," and warned of potential dangers.

  • *Private employers add fewest jobs since Jan 2014. MoneyGram and Synageva soar on buyout offers. "This is certainly going to change expectations for Friday's numbers," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.

  • *MoneyGram and Synageva soar on buyout offers. May 6- Wall Street was set to open higher on Wednesday as investors focused on healthy corporate earnings reports and a revival in dealmaking, shrugging off a rout in the global bond market and weaker-than-expected U.S. private jobs data. "This is certainly going to change expectations for Friday's numbers," said Joe...

  • *MoneyGram soared 23.3 percent to $9.62 in premarket trading after Bloomberg reported that Western Union was considering buying its smaller rival. *Herbalife jumped 14.3 percent to $45.81 after the weight-loss and nutritional products maker raised its full-year profit forecast. *Synageva BioPharma soared 41 percent to $134.98 after Alexion offered to...

  • 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. Herbalife, which has been accused by activist investor Bill Ackman of operating a pyramid scheme, also reported better-than-expected profit and sales. Herbalife's net income...

  • Herbalife profit rises 5 pct as costs fall Tuesday, 5 May 2015 | 4:28 PM ET

    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. Herbalife's net income rose to $78.2 million, or 92 cents per share, in the first quarter ended March 31, from $74.6 million, or 74 cents per share, a year earlier. On an adjusted basis, Herbalife...

  • Wall Street edgy as data dominates Tuesday, 5 May 2015 | 8:45 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open amid of a raft of data releases, which investors will look to for signals on the timing of a rate hike.

  • Here's why markets are in a 'no man's land' Tuesday, 5 May 2015 | 6:25 AM ET
    Traders work on the floor of the New York Stock Exchange.

    "At this point, you're sort of in a no man's land waiting for Friday's number," said Daniel Greenhaus, chief global strategist at BTIG.

  • Here's why markets are in a 'no man's land' Monday, 4 May 2015 | 7:02 PM ET
    Traders work on the floor of the New York Stock Exchange.

    "At this point, you're sort of in a no man's land waiting for Friday's number," said Daniel Greenhaus, chief global strategist at BTIG.

  • What matters to markets this week Monday, 4 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Operating conditions in Venezuela worsened in February after President Nicolas Maduro's socialist government launched a 70 percent devaluation of the bolivar via a new "free floating" currency system known as Simadi. Herbalife, which did not return messages seeking comment, has said in regulatory filings it may be forced to deconsolidate its operations in...

  • 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. Ackman's $20 billion Pershing Square Capital Management made a $1 billion short bet against...

  • Ackman: Herbalife executives are lawyering up Monday, 13 Apr 2015 | 5:50 PM ET
    Bill Ackman

    Bill Ackman said senior execs at Herbalife were hiring their own defense lawyers, a bad sign for the company's future.

  • *Herbalife shares fall after investigation report. NEW YORK, April 6- U.S. stocks edged up on Monday as expectations the Federal Reserve will push any interest rate increases further into the year offset concerns over faltering economic growth spurred by a surprisingly weak jobs report on Friday. "The market seems to be very confused whether bad or good news is...

  • 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. Herbalife's shares fell as much as 4.1 percent in early trading on Monday. The inquiries are focused on the activities of about 10 top Herbalife members,...