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Herbalife Gains After Reporting Q4 Beat
Tuesday, February 19, 2019 - 5:24pm | 265Read More...Herbalife Nutrition Ltd (NYSE: HLF) shares were up 2 percent after hours Tuesday following a fourth-quarter earnings beat. Q4 adjusted earnings came in at 63 cents per share, beating estimates by 2 cents. Sales came in at $1.2 billion, beating estimates by $10 million. "In 2018, we...
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Former Herbalife CEO Returns To Post After Goudis Resigns Over Unspecified Comments
Wednesday, January 9, 2019 - 4:38pm | 413Read More...Michael O. Johnson will return to his old job as CEO of Herbalife Nutrition Ltd (NYSE: HLF) on an interim basis to replace Richard Goudis, who resigned following comments the company said were inconsistent with its standards and culture. Johnson, who headed the company from 2003 until 2017 and...
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Herbalife Shares Surge After It Struck Settlement Deal With FTC
Friday, July 15, 2016 - 2:43pm | 432Read More...Herbalife Ltd. (NYSE: HLF) revealed it struck a settlement deal with the Federal Trade Commission (FTC) enabling it to resolve multi-year investigation. According to the company, the settlement terms did not alter the business model as a direct selling company, but did set fresh standards for the...
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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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Herbalife Shares Tank After Q3 Earnings Miss
Monday, November 3, 2014 - 5:57pm | 263Read More...Herbalife Ltd. (NYSE: HLF) reported third quarter financial results Monday and disappointed investors. Shares dropped 13 percent after the earnings release. Net sales came in at $1.3 billion, slightly below estimates of $1.32 billion and reflected an increase of 4 percent compared to the same...
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Ackman Beats Icahn On Herbalife's Q2 Earnings
Monday, July 28, 2014 - 4:54pm | 231Read More...Bill Ackman looks to have won another quarter in his battle against Carl Icahn. Shares of Herbalife (NYSE: HLF) are down about 10 percent in after-hours trading after the company announced guidance far below Wall Street’s expectations. The company expects third quarter EPS in the range of...
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Dan Loeb's Third Point Capital Takes 8.2% Stake in Herbalife; SEC Opens Inquiry Into Company
Thursday, January 10, 2013 - 9:02am | 1100Read More...The Herbalife (NYSE: HLF) saga continued on Wednesday as famed hedge fund manager Dan Loeb's Third Point Capital revealed that it has acquired an 8.2 percent stake, valued at around $350 million, in the embattled multi-level marketing company. Later on in the day, the SEC announced that it was...
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Herbalife Soars as Analyst Meeting Only a Week Away; Too Late to Get In?
Thursday, January 3, 2013 - 5:51pm | 1023Read More...We've speculated that buying shares of Herbalife (NYSE: HLF) ahead of an analyst meeting in New York (scheduled for January 10) could prove prudent. The stock, which has become an intense battleground pitting short-sellers against the company, opened Thursday slightly higher at $32.46....
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Three Actionable Trading Ideas Right Now
Thursday, January 3, 2013 - 9:00am | 1654Read More...On the first trading day of the New Year the U.S. stock market exploded higher in the wake of a last-minute Congressional deal to avert the fiscal cliff. Investor exuberance sent the Dow Jones Industrial Average rocketing more than 300 points higher to over 13,400. The Nasdaq did even better,...
