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Herbalife Ltd

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  • BOSTON, Dec 17- A top Herbalife salesman said that most people who sell the company's weight loss and nutrition products are doomed to fail, adding fresh grist to accusations by a hedge fund manager that the company is a fraud. Gratziani is a member of Herbalife's elite Chairman's Club sales team. The video of that training session was released publicly on...

  • WASHINGTON, Dec 15- The U.S. Securities and Exchange Commission moved on Monday to dismiss insider-trading proceedings against a man accused of illegally trading in Herbalife. The SEC's enforcement division sought to dismiss the civil charges against Jordan Peixoto because two crucial witnesses were not available for the March 16, 2015 trial, according to...

  • WASHINGTON, Dec 15- The U.S. Securities and Exchange Commission moved on Monday to dismiss insider-trading proceedings against a man accused of illegally trading in Herbalife. The SEC's enforcement division sought to dismiss the civil charges against Jordan Peixoto because two crucial witnesses were not available for the March 16, 2015 trial, according to...

  • Dec 12- Nu Skin Enterprises Inc, a direct-seller of skincare and nutritional products, forecast a 2015 profit below market expectations as it battles a stronger dollar and regulatory concerns in China, its biggest market. Nu Skin's shares were down about 5.3 percent at $40.64 in premarket trading. Short-sellers and activist investors, such as William Ackman,...

  • Dec 3- Herbalife Ltd won preliminary court approval of its $15 million settlement of class-action litigation accusing the maker of weight loss and nutritional products of being a "pyramid scheme" that misleads distributors about how much money they can make. The accord also requires Herbalife to provide up to $2.5 million to distributors who return unused...

  • 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...

  • Early Movers: BHI, HTZ, SBUX, HLF & more Friday, 14 Nov 2014 | 8:05 AM ET

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

  • 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...

  • Herbalife CFO: Don't worry about board changes Tuesday, 4 Nov 2014 | 12:38 PM ET
    John DeSimone, Herbalife CFO

    Herbalife CEO John DeSimone spoke to CNBC's "Halftime Report" in an exclusive interview.

  • 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.