Herbalife

As the week ended, multi-level marketing company Herbalife (NYSE: HLF) faced attacks from both ends of the country regarding whether it was an illegal pyramid scheme. Massachusetts Senator Ed Markey on Thursday called for the Securities and Exchange Commission and the Federal Trade Commission...

Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...

Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...

The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....

Shares of Nu Skin (NYSE: NUS) were halted for the fourth time mid-Thursday afternoon after plunging more than 30 percent; yesterday, shares fell 16 percent. So what exactly happened? On Wednesday, The People's Daily, a Chinese newspaper which is “organ of the Central Committee of the Communist...

Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...

As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...

In late December 2012, hedge fund manager, Bill Ackman gave a 342 slide presentation explaining why he thought MLM company, Herbalife (NYSE: HLF), was an illegal pyramid scheme and why he had taken at least a 20 million share short position. Despite losing as much as $500 million over the past...

The market still sits at levels that many consider overvalued. Below is a list of notable stocks that have reached a 52-week high. If you’re a momentum trader, take note. Acxiom Corporation (NASDAQ: ACXM) The stock has had a huge year and its healthy Dow-theory-looking chart should have...

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...

Monday was another bad day for hedge fund investor Bill Ackman, as his now famous short bet on Herbalife (NYSE: HLF) continued higher on positive news. At the end of the trading day Monday, Herbalife had announced that PricewaterhouseCoopers finished re-auditing the company’s financial...

U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...

According to Jim Bullard, the chances of the Fed tapering have increased due to recent labor market data. “There is no widely accepted reason why inflation is running as low as it is in the face of extraordinarily accommodative policy for the Fed,” he added. The St. Louis Fed chief added that...

Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...

Activist investor Bill Ackman believes Herbalife (NYSE: HLF) is a pyramid scheme. He has said so and backed it up with a $1 billion short position. Some Hispanic organizations agree with Ackman’s assessment and have urged state attorney generals to take action against the company. Brent Wilkes...