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News Breaks | | | | February 22, 2013 | | 18:45 EDT |  | HLF | Herbalife announces voluntary recall of Meal Nutritional Shake
Herbalife announced the voluntary recall of certain lots of its Instant Healthy Meal Nutritional Shake Mix packets because the label identifies the product as dairy-free, when it may in fact contain trace amounts of milk proteins. Individuals with severe allergies to milk run the risk of serious or life-threatening allergic reaction if they consume products containing milk proteins, the company said. The product was distributed in the U.S. from January 16, 2013, through February 16, 2013, exclusively to individual independent distributors as cartons of 12 packets or as single-serving packets in the company’s introductory business pack. There have been no reports to date of any illnesses or adverse health effects associated with the affected products, Herbalife said. The U.S. Food and Drug Administration has been notified of this voluntary recall, it added. | |
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News For HLF From The Last 14 Days Check below for free stories on HLF the last two weeks. |
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| June 18, 2013 | | 13:33 EDT | | HLF | Pershing Square: Herbalife's new survey, statements raise questions of legality
 Subscribe for More Information | | | June 13, 2013 | | 10:36 EDT |  | HLF | Herbalife remains a single Best Idea for 2013 at DA Davidson
The firm expects Herbalife to fund significant share repurchases through a note issuance once the audit is complete. Shares are Buy rated and a 2013 Best Idea. | | | 06:16 EDT |  | HLF | Congresswoman asks FTC to investigate Herbalife, NY Post reports
California congresswoman Linda Sanchez has asked the Federal Trade Commission to investigate Herbalife over allegations the company is a pyramid scheme, New York Post reports, citing a letter it obtained. Reference Link | | | June 12, 2013 | | 06:34 EDT | | HLF | Herbalife says survey indicates 7.9M customers in U.S.
Herbalife last night released the results of a study conducted to determine the penetration of Herbalife distributors and end users in the U.S. Herbalife engaged Nielsen, to conduct the research. Conducted online during April and May, the survey was completed without intervention from Herbalife and the company’s sponsorship was not disclosed, it added. With a sample size of 10,525 consumers, the survey had a margin of error of +/- 0.96%. According to the research, 3.3% of the general population reported that they had purchased Herbalife products within the past three months, indicating that Herbalife currently has approximately 7.9M customers when projected to the total U.S. adult population. Herbalife customers would include their distributor network, which totaled approximately 550,000 in the U.S. as of the end of Q1. "“This survey, conducted by one of the world’s most respected research organizations, confirms what we at Herbalife already know to be true: that Herbalife’s products have a broad consumer base here in the U.S. – nearly 8 million in the last three months – and that the majority of individuals that purchase Herbalife products do so for personal consumption," the company said. | | | 06:33 EDT |  | HLF | Herbalife volatility at low end of nine-month range
Subscribe for More Information | | | June 5, 2013 | | 05:55 EDT | | HLF | Stocks with implied volatility movement; CRM HLF
Stocks with implied volatility movement; Salesforce.com (CRM), Herbalife (HLF) according to IVolatility. | |
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