Some of the names on the move ahead of the open.» Read More
*Ukraine conflict continues; Russia seizes marine base. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favorites. Netflix Inc tumbled 6.7 percent to close at $378.90, with fellow Internet names Facebook Inc down 4.7 percent at $64.10 and TripAdvisor Inc down 3.9 percent at $97.58.
*Ukraine conflict continues; Russia seizes marine base. Concerns that the crisis in Ukraine could escalate pushed traders to drop some of the market's biggest trading favorites, taking the Nasdaq below its 50- day moving average in a sign of weakening near-term momentum.
Herbalife shares, which were up 6.8 percent in early afternoon trading, also got a boost from news that rival direct-seller NU Skin Enterprises Inc had been fined just $540,000 by Chinese regulators for illegal sales practices.
U.S. stocks fell as Ukraine weighed on sentiment and pushed investors to take profits in some of the market's biggest trading favorites.
*Ukraine conflict continues, Russia seizes marine base. *Nasdaq hit as trading favorites like Netflix, Tesla sink. Netflix Inc dropped 6.7 percent to $378.60, Tesla Motors shed 5.5 percent to $216.35 and Facebook Inc slid 4.4 percent to $64.25.
*Ukraine conflict continues, Russia seizes marine base. NEW YORK, March 24- U.S. stocks fell on Monday as the ongoing crisis in Ukraine weighed on sentiment and pushed investors to take profits in some of the market's biggest trading favorites.
*Ukraine conflict continues, Russia seizes marine base. NEW YORK, March 24- U.S. stock index futures pointed to modest gains at the open on Monday as weak data on Chinese manufacturing raised hopes of fresh Chinese stimulus to combat slowing momentum, though tensions over Ukraine weighed on sentiment.
March 24- Nutrition and weight-loss company Herbalife Ltd said it had agreed to allow three more representatives of billionaire investor Carl Icahn to join its board, sending the company's shares up as much as 9 percent before the bell.
Herbalife shares dropped sharply after trading resumed following news that the FTC opened a formal investigation into the company.
Some of Wednesday's midday movers:
BOSTON, March 11- Billionaire investor William Ackman renewed his attack on Herbalife on Tuesday, saying he has evidence showing the nutrition and weight loss company is breaking direct-selling laws in China, its fastest growing market.
March 10- William Ackman's hedge fund Pershing Square Capital Management LP said it would unveil on Tuesday details about Herbalife Ltd's violations in China as the activist investor sharpened his attack against the nutritional products company.
Monday will kick off a busy week for data on Wall Street, with the latest manufacturing ISM index due at 10 a.m. ET.
BOSTON, Feb 19- Nutrition and weight loss products company Herbalife Ltd lowered its forecast range for 2014 sales and again defended itself on Wednesday against allegations by billionaire investor William Ackman that its business is a fraud.
Feb 18- Herbalife Ltd, the nutrition products company accused by billionaire investor William Ackman of being a pyramid scheme, raised its forecast for the first quarter of 2014 on strong sales growth in China.
Jan 21- Skincare products maker Nu Skin Enterprises Inc said it would suspend promotional meetings in China where it recruits new distributors, days after Chinese regulators launched investigations into its business practices. Shares of Herbalife Ltd, which has a business model similar to Nu Skin, fell 10 percent the same day.
Jan 21- Skincare products maker Nu Skin Enterprises Inc said it would suspend promotional meetings where it recruits new distributors in China, days after Chinese regulators launched probes into its business practices.
Who's behind the $32 million bet against Herbalife?
BEIJING, Jan 16- China's regulators launched probes into skincare products maker Nu Skin Enterprises Inc after local media questioned the U.S. company's business practices, dragging down shares of several retailers that use similar distribution models.
Nu Skin shares plunged on concerns over an investigation by Chinese authorities' into its business practices in the country.