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Posts related to ‘William Ackman’

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Herbalife Stock Halted Briefly as New Audit Firm Named

Posted: May 21, 2013 at 12:29 pm

Shares of Herbalife Ltd. (NYSE: HLF) were halted briefly shortly before noon today as we all waited breathlessly for news. When the new arrived, well, how exciting can a new ...
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Nutrition Supplement

Herbalife Earnings Provide No Ammunition for Longs or Shorts

Posted: April 29, 2013 at 4:45 pm

Herbalife Ltd. (NYSE: HLF) reported first quarter 2013 results after the markets closed today. The nutrition and weight loss company posted adjusted diluted earnings per share (EPS) of $1.27 on ...
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Soros Stake in J.C. Penney Lifts Shares

Posted: April 26, 2013 at 8:45 am

Investor George Soros reported last night that he had taken a 7.9% stake in J.C. Penney Co. Inc. (NYSE: JCP), and the news has lighted a small fire under the ...
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Will P&G CEO McDonald Get Fired?

Posted: April 24, 2013 at 2:18 pm

Since consumer products giant Procter & Gamble Co. (NYSE: PG) reported less than stellar results this morning, shares have dropped about 5% and there are new rumblings that CEO Bob ...
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Ackman Fires Another Round at Herbalife

Posted: March 14, 2013 at 10:15 am

William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme. This time Ackman compares Herbalife to ...
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Consumer Group Boosts Ackman’s Bet Against Herbalife

Posted: March 13, 2013 at 12:36 pm

In a press release this morning, the National Consumers League (NCL) called on the Federal Trade Commission (FTC) to “investigate recent allegations that the multi-level marketing company Herbalife [Ltd. (NYSE: ...
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Nutrition Supplement

Herbalife Results Don’t Crown a Winner

Posted: February 19, 2013 at 4:50 pm

Someone’s going to take a beating after today’s earnings results from Herbalife Ltd. (NYSE: HLF). Will it be Carl Icahn, who now owns about 13% of the company’s stock, or ...
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Herbalife Shares Ignore Latest Queries from Ackman

Posted: February 7, 2013 at 12:59 pm

Hedge fund honcho William Ackman fired off another set of questions directed at Herbalife Ltd. (NYSE: HLF) in yet another move to back up his contention that the nutrition and ...
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CNBC Ackman Icahn

FTC Probe of Herbalife “Pending” — New York Post

Posted: February 4, 2013 at 8:35 am

The Federal Trade Commission (FTC) released 192 complaints filed against Herbalife Ltd. (NYSE: HLF) over the past seven years in response to a Freedom of Information Act request filed by ...
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CNBC Ackman Icahn

William Ackman’s Secret Weapon: The FTC

Posted: January 28, 2013 at 2:10 pm

The Federal Trade Commission (FTC) today launched an investigation in what it believes to be an illegal pyramid scheme. The company involved is Fortune Hi-Tech Marketing, a multi-level marketing company ...
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Nutrition Supplement

Icahn Now in Herbalife Fray?

Posted: January 10, 2013 at 7:49 am

Hedge fund Pershing Square Capital Management and its CEO, William Ackman, made a lot of waves (and headlines) with Ackman’s takedown of Herbalife Inc. (NYSE: HLF). Calling the weight loss ...
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Nutrition Supplement

Herbalife Shares Continue Plunge

Posted: December 21, 2012 at 12:26 pm

Since calling Herbalife Ltd. (NYSE: HLF) a pyramid scheme a couple of days ago, Pershing Square Capital Management’s William Ackman has delivered a 342-slide presentation detailing his company’s view of ...
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Nutrition Supplement

Ackman: Herbalife “A Pyramid Scheme”

Posted: December 19, 2012 at 4:24 pm

Hedge fund manager William Ackman of Pershing Square Capital Management told CNBC today that he has taken a short position in nutrition and weight loss product maker Herbalife Inc. (NYSE: ...
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Canadian Pacific to Write Down $180 Million

Posted: December 3, 2012 at 9:27 am

Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of ...
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Ackman Loads Up on Burger King (BKW)

Posted: June 22, 2012 at 2:19 pm

In an SEC filing dated today, Pershing Square Capital Management L.P. chief William Ackman revealed ownership of 41,922,908 shares of newly public Burger King Worldwide Inc. (NYSE: BKW). Ackman is ...
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