Shares in the nutritional supplement marketer jumped 10 percent in premarket trading on the news.
Carl Icahn, Herbalife's largest shareholder releases a statement after the FTC announces it reached a $200 million settlement with Herbalife.
The FTC and Herbalife have reached an agreement, reports CNBC's Scott Wapner.
Hertz shares rise as investor Carl Icahn increases his stake to 15.24 percent from 14.34 percent, according to an SEC filing.
Atlantic City's main casino workers union has begun picketing against the Trump Taj Mahal casino amid a contract dispute.
Xerox gained nearly 2 percent after the firm added Jonathan Christodoro, managing director of Icahn Capital, to its board of directors.
Dow Chemical, Xerox and Volkswagen are making headlines this morning before the opening bell.
Xerox has named the managing director of Icahn Enterprises unit Icahn Capital, has been appointed to the company's board of directors.
Shares of Federal-Mogul climbed more than 7 percent on an increased offer.
Investor Carl Icahn's company upped its bid for the rest of auto supplier Federal-Mogul's stock that it does not currently own.
A strike vote could give Unite Here Local 54 bargaining committees more firepower in negotiations over new contracts for 6,000 workers.
Despite Friday’s sell-off, Jim Cramer says he is “more constructive than most” on the market.
Valeant's underlying assets are not fairly valued by the market and it is capable of making a turnaround, says Rodman & Renshaw's Raghuram Selvaraju.
Jim Cramer cautioned investors from following billionaires like George Soros. He's already rich!
We might be at the very end of this economic cycle, and Carl Icahn and George Soros signaled it, BlackRock's Jeff Rosenberg says.
The VanEck Vectors Gold Miners ETF traded higher Thursday after billionaire George Soros said he bought gold and gold miners.
CNBC's Dominic Chu reports on bearish comments on gold by George Soros and Carl Icahn.
Carl Icahn and Bill Ackman may have made up after their epic feud, but Icahn still insists Ackman is "totally wrong" for shorting Herbalife.
Billionaire investor Carl Icahn joined CNBC's "Squawk Box" on Thursday to share his investment outlook and stock strategy.
The billionaire investor says he still thinks very highly of Apple, but remains concerned about its prospects in China.