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Pershing Square Calls On Herbalife CEO To Release Incriminating Video
Friday, June 26, 2015 - 4:27pm | 306Read More...Bill Ackman's Pershing Square Capital Management, L.P is calling on Herbalife Ltd. (NYSE: HLF) to make good on its commitment to transparency. The New York Post published an article Thursday night revealing that it had obtained a copy of an incriminating video of Herbalife CEO Michael Johnson, who...
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Analyst Says Chance Of Adverse Herbalife FTC Finding 'Very Unlikely'
Wednesday, April 29, 2015 - 11:34am | 297Read More...Analysts at Pivotal Research Group said in a note that Herbalife Ltd. (NYSE: HLF) is an "excellent investment," rebuffing Pershing Square's European Slide Deck that was released Tuesday that again called into question the company's business model. Specifically, Pivotal Research...
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Herbalife Soars As Pyramid Scheme Lawsuit Is Dismissed
Wednesday, March 18, 2015 - 11:55am | 234Read More...A U.S. District Judge said that a group of shareholders led by pension funds did not show that questions raised about Herbalife Ltd.'s (NYSE: HLF) business practices concluded that the company fraudulently inflated its stock price. Herbalife shares were up more than 11 percent Wednesday...
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Canaccord: Herbalife Isn't Worth $50 Per Share Anymore
Tuesday, March 3, 2015 - 11:23am | 244Read More...In a report published Monday, Canaccord Genuity analyst Scott Van Winkle wrote that shares of Herbalife Ltd. (NYSE: HLF) are starting to feel like a "value trap" but are still undervalued. Van Winkle noted the company's fourth quarter report showed sales and volume growth came in...
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Hedge Fund Manager Is 'Very Skeptical' Of Rumored Ackman Stake In Whole Foods
Tuesday, February 3, 2015 - 12:50pm | 119Read More...When asked about a rumor that Pershing Square Capital Management CEO Bill Ackman had taken a short position in Whole Foods Market, Inc. (NASDAQ: WFM), Rand Strategic Partners Co-Founder Todd Sullivan told Benzinga that he was very skeptical. “In the past, his short positions like MBIA...
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Whitney Tilson On Bill Ackman's Short Position In Whole Foods: 'This Is One Of The Dumbest Rumors I've Ever Heard'
Tuesday, February 3, 2015 - 12:33pm | 217Read More...Speaking to Benzinga, Kase Capital Management Managing Partner Whitney Tilson said that a rumor of Pershing Square’s Bill Ackman taking a short position in Whole Foods Market, Inc. (NASDAQ: WFM) is “one of the dumbest rumors” he’s ever heard. Tilson said that he hasn...
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Hedge Fund Manager On Herbalife: 'Bill Ackman Has Been Right All Along'
Thursday, January 8, 2015 - 3:38pm | 188Read More...Speaking to Benzinga, Hedge Fund Manager and Lemelson Capital Management Founder Rev. Emmanuel Lemelson said that he thinks Pershing Square Capital Management CEO Bill Ackman is right about Herbalife Ltd. (NYSE: HLF). “It’s very, very clearly a pyramid scheme,” he said....
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Hedge Fund Manager: If Herbalife Had Nothing To Hide, It Would Sue Bill Ackman For Slander
Thursday, January 8, 2015 - 2:53pm | 329Read More...When asked about Pershing Square Capital Management CEO Bill Ackman's accusations against Herbalife Ltd. (NYSE: HLF), Hedge Fund Manager and Rand Strategic Partners Founder Todd Sullivan said that if the company had nothing to hide, then it would be suing the activist investor for...
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Bill Ackman Says Herbalife's Business Is Declining
Wednesday, December 17, 2014 - 3:17pm | 441Read More...Bill Ackman, activist investor and CEO of Pershing Square Capital Management, spoke on Bloomberg TV this morning about one of his fund's most controversial positions: a $1 billion short sale of Herbalife Ltd (NYSE: HLF). So far, 2014 has been a good year for Ackman and other Herbalife...
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Another Quiet Day As Major Indices Little Changed To Close The Week
Friday, November 14, 2014 - 6:07pm | 770Read More...U.S. stocks were little changed yet again in Friday's action with no catalysts appearing to push stocks in any one direction. Retail sales rose more than expected in October, according to economic data released. A separate economic report showed import prices declining in September due to a...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950Read More...U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Herbalife Ltd. Shares Surge Higher Only To Reverse Gains Following Fox Business News Tweet
Tuesday, October 7, 2014 - 2:32pm | 153Read More...Charles Gasparino of Fox Business News tweeted that Herbalife Ltd. (NYSE: HLF) informed its investors that the FTC will not shut down the company, but it does expect some disciplinary action. .$HLF tells investors FTC will NOT shut down the co but it expects some disciplinary action more @...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927Read More...U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111Read More...U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
