Courtesy Herbalife Ltd.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…
Courtesy Herbalife Ltd.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 is, in…
Paul Ausick ThinkstockYou have heard of all sorts of bubbles in the financial world. There are instances like the housing bubble, a bond bubble, the dot-com bubble, the tech bubble, the private equity bubble, and…
courtesy of NetflixChina’s PMI slips to a slow 50.1 in February, a signal of slacking demand for manufactured goods. (Reuters) Groupon Inc. (NASDAQ: GRPN) fires its CEO after poor financial performance. (Reuters)…
Courtesy Herbalife Ltd.Trading was halted briefly this afternoon in shares of nutrition and weight-control firm Herbalife Ltd. (NYSE: HLF) before the company announced that it had reached an agreement with activist investor…
U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected…
ThinkstockSomeone’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 will it…
Paul Ausick U.S. equity markets opened slightly higher this morning and managed to get within striking distance of five-year highs. There was little economic data released anywhere today, but what there was came out…
thinkstockThe Buffett buyout of H.J. Heinz Co. (NYSE: HNZ) may usher in a new age of M&A. (Reuters) Large hedge funds sell off shares of Apple Inc. (NASDAQ: AAPL). (Reuters) Apple’s search…
Carl Icahn filed documents with the SEC which show he owns just short of 13% (12.98%) of Herbalife (NYSE: HLF). The news pushed shares up by as much as 20% after hours. The actual…
Douglas A. McIntyre Activist investor and corporate raider Carl Icahn is showing his investors that he will be able to keep making more and more money in his efforts ahead. This morning came news from…
The negative fourth-quarter gross domestic product (GDP) reading of -0.1% caught most Wall St. analysts and economists by surprise. This unforeseen number was skewed by a huge decrease in government spending. Most…
Courtesy Herbalife Ltd.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…
Paul Ausick Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. AbbVie Inc. (NYSE: ABBV) started as Neutral at Credit Suisse. Akamai Technologies Inc. (NASDAQ:…
ThinkstockWe noted earlier today that the New York Post ran an exclusive story this morning saying that the Federal Trade Commission (FTC) has a “pending” investigation into charges against Herbalife Ltd. (NYSE:…
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