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Stock Market & Financial Investment News

News Breaks
January 9, 2013
14:41 EDTHLFLoeb's Third Point says Ackman FTC shutdown thesis on Herbalife 'preposterous'
In its Q4 letter to investors, Dan Loeb's Third Point describes its new equity position in Herbalife (HLF), which it says was acquired mostly after the selloff that followed Bill Ackman's presentation. Third Point calls Ackman's thesis that the FTC has been "asleep at the switch" and will soon awaken to shut down the company "preposterous." Third Point also adds that it believes, "continued strong operating performance combined with disciplined capital return could easily send [shares of Herbalife] back towards its April highs." Reference Link
News For HLF From The Last 14 Days
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September 15, 2014
12:14 EDTHLFHerbalife expands partnership with American Youth Soccer Organization
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September 14, 2014
16:17 EDTHLFHerbalife near settlement with former distributors, NY Post says
Herbalife is close to reaching a settlement with five former distributors that allege the nutrition company is a pyramid scheme and has victimized thousands, says the NY Post. Reference Link

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