FTC Probe of Herbalife “Pending” — New York Post
CNBCThe 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 the New…
CNBCThe 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 the New…
U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield for the…
CNBCThe 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 that has…
CNBCIn what was supposed to be a CNBC interview with Bill Ackman about Herbalife Ltd. (NYSE: HLF) and nasty comments made this week about Ackman by Carl Icahn, CNBC ended up with…
courtesy of NetflixU.S. investigations of the Boeing Co. (NYSE: BA) 787 Dreamliner focus on its main battery. (Reuters) Intel Corp. (NASDAQ: INTC) offers a weak outlook for future quarters. (Reuters) China’s gross…
courtesy of YouTubeThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters) The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it…
thinkstockA Boeing Co. (NYSE: BA) 787 operated by ANA develops a crack in the cockpit glass. (Reuters) American Express Co. (NYSE: AXP) will cut 5,400 jobs and take a charge in its…
U.S. equity markets opened higher this morning even though the number of new U.S. claims for unemployment benefits rose more than expected before markets opened (more coverage here). The news was more…
Jon OggHerbalife Ltd. (NYSE: HLF) is getting more aggressive against short seller Bill Ackman of Pershing Square. After seeing shares fall from over $42 to under $25 in December after Ackman disclosed…
ThinkstockHedge 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 and nutritional…
U.S. equity markets opened higher this morning following a better-than-expected quarterly earnings report from Alcoa Inc. (NYSE: AA). There was not a lot of economic data out today, so corporate earnings had…
ThinkstockHerbalife Ltd. (NYSE: HLF) is getting a very strange move in this activist shareholder battle. Last night we noted that Bill Ackman of Pershing Square was out with its summary document stating…
Bill Ackman may have seen Herbalife Ltd. (NYSE: HLF) rise more than handily after the initial tank after his short sale position was disclosed, but his Pershing Square is not letting up on…
U.S. equity markets opened about lower this morning, and couldn’t catch a bid all day. The impending fiscal cliff dominated sentiment in Europe as well as the U.S. In Asia, Japan’s Nikkei…
ThinkstockHerbalife Ltd. (NYSE: HLF) is probably feeling as though it should change its corporate structure to incorporated. With or without its “limited” structure, the company and its shareholders are feeling very limited…