Pershing Square Capital Management clients aren't very concerned about Herbalife's big gain yesterday.» Read More
June 2- A southern California jeweler who made $1.6 million from insider trading on tips from former KPMG LLP senior partner Scott London about that firm's clients was sentenced on Monday to five months in prison, federal prosecutors said. District Judge George Wu in Los Angeles after pleading guilty in May 2013 to one count of conspiracy.
The gambler's sports empire has earned him "tens of millions, if not hundreds of millions, of dollars," one rival says.
A stellar 2013 boosted confidence for stockpickers, but hedge funds are suffering their worst start to a year since the financial crisis.
Activist investors are known to make headlines, but surprisingly only a third of the firms that are approached by activists make the overtures public.
Some of Wednesday's midday movers:
Activist investors like Ackman and Icahn are trumpeting their good work but investors should do a little more digging on these guys, says Ron Insana.
Bill Ackman, Pershing Square Capital Management, explains what led him to reach out to activist investor Carl Icahn. Ackman calls him "a charming guy."
Bill Ackman, Pershing Square Capital Management, weighs in on the Valeant and Allergan controversy and long-term shareholder activism.
CNBC's Scott Wapner speaks to Bill Ackman, Pershing Square Capital Management, about the "winding down" of the old version of Fannie and Freddie and discusses the importance of reform to their programs.
Pershing Square on Friday released a short, scathing documentary on Herbalife that detailed the stories of frustrated former distributors.
Two more prominent activist hedge fund managers said that they do not have any issues with Herbalife's business model.
Bill Ackman and Carl Icahn, whose epic battle on CNBC stunned Wall Street, exchanged pleasantries last week and decided to forgive each other.
Some of the names on the move ahead of the open.
Transforms reputation as corporate raider into shareholder activist by launching proxy fights to hold feet of under-performing boards to the fire.
April 29- Carl Icahn and William Ackman, who clashed on their views about nutrition company Herbalife Ltd, could team up on activist investments in future, the Wall Street Journal reported. Neither Ackman's Pershing Square Capital Management hedge fund, nor Icahn Enterprises LP could be reached for comment outside regular U.S. business hours.
April 28- Weight-loss and nutritional products maker Herbalife Ltd on Monday reported a 9 percent increase in global sales volumes for the first quarter and raised its outlook for the full year. Herbalife also said it was suspending its quarterly dividend in order to use the cash to repurchase additional shares.
Check out which companies are making headlines after the bell Monday: HLF, GOGO, T and more.
Herbalife rallied Monday after the company posted quarterly results that topped expectations. The company also said it is terminating its dividend.
CNBC contributor Herb Greenberg provides instant reaction to Herbalife's quarterly numbers.
Herbalife is reporting Q1 EPS of $1.50 ex-items on revenue of $1.26 billion, with CNBC's Dominic Chu.