Last week, I knocked Herbalife for claiming it does a bunch of R&D, but not disclosing the amount it spends on it. Then, later in the week, without fanfare, the nutritional supplement company updated the R&D section of its website to show the amount they spend on R&D and other stuff. Read More
When a company brags about the amount of research it does, you would expect to “research and development” broken out as an expense somewhere in its SEC filings. At most companies, maybe, but not at Herbalife. Read More
Consumer stocks performed well Monday, with Macy’s and Home Depot among those that hit new 52-week highs, but pricing pressures might slow the rally. Read More