Herbalife Ltd, the marketer of weight-management products, energy drinks and nutrition supplements that has come under investigation by the Federal Trade Commission as well as other agencies, has hired a former FTC official as its chief compliance officer. Herbalife (HLF.N) said it named Pamela Jones Harbour, who was an FTC commissioner from 2003 to 2010, […]
Hedge fund manager Bill Ackman has two words to sum up his Herbalife Ltd. presentation last week: “My bad.” Investors may have missed the point because the event was long and overhyped, Ackman said in an interview.
Billionaire investors Carl Icahn and William Ackman made up publicly on stage at the CNBC Institutional Investor Delivering Alpha Conference on Wednesday with each man praising the other. The investors …
Shares of Herbalife Ltd. dropped more than 13% in late trade Friday after the Financial Times, citing people familiar with the matter, reported that the multi-level marketing …
Herbalife may be catching a bid, but Jeff Macke says stay away
Yesterday afternoon, controversial nutritional supplement company Herbalife announced it’s facing an official inquiry by the Federal Trade Commission. The FTC’s move marked a significant triumph for billionaire investor Bill Ackman who has a much-hyped bet against Herbalife shares.
Herbalife shares dropped sharply after trading resumed following news that the FTC opened a formal investigation into the company.
Hedge fund manager William Ackman renewed his attack on Herbalife on Tuesday and said he has evidence the U.S.-based nutrition and weight loss company is breaking direct-selling laws in China, its fastest growing market. Ackman, who has placed a $1 billion short bet against Herbalife, said the company was making recruits pay an entry fee […]
Activist investor Bill Ackman has bet $1 billion on Herbalife’s (HLF) collapse, calling it a Ponzi scheme. But a New York Times piece now reveals the greath lengths he’s gone to to leverage power in Washington and other seats of political influence to advance this narrative and take down Herbalife. Ackman’s bet will pay off […]
Bill Ackman is raising eyebrows again and Herbalife is at the center of all the drama, making it today’s Trending Ticker.