New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 9, 2013
10:11 EDTHLFHerbalife trading resumes, shares up 8% following Third Point stake
News For HLF From The Last 14 Days
Check below for free stories on HLF the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 15, 2014
14:44 EDTHLFFederal probe of Herbalife doesn't look headed for criminal case, NYT says
Subscribe for More Information
10:17 EDTHLFHerbalife falls after NY Attorney General Schneiderman opens investigation
Shares are down over 3.7% to $51.68 after NY Attorney General Schneiderman started an investigation into claims that the company is a pyramid scheme. At current price, next support is at $51.19 and then at $49.35, both of which are recent pivot lows. Resistance is at $52.72.
05:55 EDTHLFHerbalife under investigation by NY AG Schneiderman, NY Post reports
Subscribe for More Information
April 14, 2014
11:54 EDTHLFStocks with call strike movement; TNA HLF
Subscribe for More Information
09:42 EDTHLFHerbalife spikes higher on low volume, levels to watch
Subscribe for More Information
05:51 EDTHLFStocks with implied volatility movement; HLF CSCO
Subscribe for More Information
April 11, 2014
16:39 EDTHLFFBI investigating Herbalife, no evidence of criminal activity, CNBC says
Subscribe for More Information
16:21 EDTHLFOn The Fly: Closing Wrap
Stocks on Wall Street were lower in a session that saw the averages struggle for direction early before sellers gained control and pushed stocks lower through the second half of the session. With today's losses, the averages each finished the week with losses greater than 2%, with the tech-heavy Nasdaq losing 3% to close below 4,000 for the first time since early February. ECONOMIC EVENTS: In the U.S., the Producer Price Index jumped 0.5% in March, versus expectations for it to be up 0.1%. The University of Michigan consumer sentiment reading jumped to 82.6 in the preliminary April look, which was better than forecast and its highest reading since July. COMPANY NEWS: JPMorgan (JPM) and Wells Fargo (WFC) kicked off earnings season for the major banks, with their quarterly results, and stocks, moving in opposite directions following the news. Dow member JPMorgan fell $2.10, or 3.66%, to $55.30 after its earnings per share and revenue significantly trailed consensus estimates. Shares of Wells gained 37c, or 0.78%, to $48.08 after the bank's profits beat the consensus forecast. MAJOR MOVERS: Among the notable gainers was BofI Holding (BOFI), up $6.02, or 8.09%, to $80.46 near midday after the company last night announced a deal to acquire H&R Block's (HRB) bank assets. H&R Block shares fell 78c, or 2.74%, to $27.64. Also higher was Zygo (ZIGO), up $4.75, or 32.36%, to $19.43 after the company agreed to be acquired by Ametek (AME) for $19.25 per share in cash in a deal that represents an aggregate enterprise value of $280M for Zygo. Among the noteworthy losers was Herbalife (HLF), down $8.36, or 13.97%, to $51.48 after a report late in the session from the Financial Times said the company is facing a criminal investigation from the U.S. Department of Justice and FBI regarding its business practices. Also lower was NQ Mobile (NQ), a recent target of noted short-seller Carson Block, down $3.29, or 20.58%, to $12.70 after its profit missed expectations and the company disclosed that it found accounting errors in its recent reports. INDEXES: The Dow was down 143.47, or 0.89%, to 16,026.75; the S&P 500 was down 17.39, or 0.95%, to 1,815.69; the Nasdaq was down 54.37, or 1.34%, to 3,999.73.
16:15 EDTHLFHerbalife says no knowledge of ongoing investigation by DoJ or FBI
Herbalife issued the following statement in response to media reports and rumors in the marketplace: "We have no knowledge of any ongoing investigation by the DoJ or the FBI, and we have not received any formal nor informal request for information from either agency. We take our public disclosure obligations very seriously. Herbalife does not intend to make any additional comments regarding this matter unless and until there are material developments."
16:07 EDTHLFHerbalife plunges on report of DOJ and FBI criminal probe
Subscribe for More Information
15:54 EDTHLFNu Skin puts active after FT reports Herbalife facing criminal investigation
Subscribe for More Information
15:47 EDTHLFHerbalife puts active on criminal probe launched, FT says
Subscribe for More Information
15:45 EDTHLFUsana, Nu Skin on lows after FT reports Herbalife facing criminal investigation
Subscribe for More Information
15:39 EDTHLFU.S. DoJ, FBI launch criminal probe into Herbalife, FT says
Subscribe for More Information
15:38 EDTHLFCriminal probe launched into Herbalife, FT says
Reference Link
15:08 EDTHLFHerbalife bracing for 20/20 report on business practices, Gasparino says
On Twitter, Charlie Gasparino said, "FBN NEWS: $HLF bracing for news magazine @ABC2020 expose on company's business practices worried abt a new whistle blower." Reference Link
April 3, 2014
12:42 EDTHLFEnergy drink MLM changes practices amid scrutiny of Herbalife, NY Post says
Vemma, a multilevel marketing company that makes Verve brand energy drinks, said it is changing its business practices as the Federal Trade Commission investigates Herbalife (HLF), which has a similar business model, reported The New York Post. Monster Beverage (MNST), which like Herbalife has drawn a fair amount of scrutiny from lawmakers, markets energy drinks that compete with Vemma's. Reference Link
07:48 EDTHLFChanos says 'side with the bears' on multi-level marketers
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use