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Stock Market & Financial Investment News

News Breaks
February 22, 2013
18:45 EDTHLFHerbalife 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.
News For HLF From The Last 14 Days
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July 7, 2015
05:56 EDTHLFStocks with implied volatility movement; HLF XOMA
Stocks with implied volatility movement; Herbalife (HLF) 57, XOMA (XOMA) 292 according to iVolatility.
July 6, 2015
05:56 EDTHLFStocks with implied volatility above IV index mean; XOMA HLF
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July 2, 2015
13:44 EDTHLFHerbalife announces expansion plans for North Carolina facility
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06:08 EDTHLFHerbalife implied volatility of 42 at lower end of index mean range
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June 29, 2015
09:04 EDTHLFHerbalife says Eric D. Rosen will join company as VP of government relations
Herbalife announced that Eric D. Rosen will join Herbalife’s growing global corporate affairs team as VP of government relations and director of its Washington, D.C. office. Rosen will oversee Herbalife’s D.C. operations and will report to Ric Hobby, who was recently appointed as head of Herbalife’s global government relations reporting to Alan Hoffman, executive VP of the global corporate affairs team. Rosen, who will be based out of Herbalife’s D.C. office, is a Capitol Hill veteran with experience in the Senate, House, and Executive Branch.
June 26, 2015
13:09 EDTHLFPershing Square urges Herbalife CEO to release video referenced by NY Post
Pershing Square Capital released a letter it sent to Herbalife CEO Michael Johnson concerning his "serious admissions about Herbalife and its conduct that were revealed by the New York Post." The letter states in part: "Today the New York Post reported on a 71-minute video in which you appear on a stage, making serious admissions about Herbalife and its conduct...We urge that you release the 71-minute video and any similar materials in your possession or control, and we encourage Herbalife employees, distributors and others with similar materials to come forward...In February 2013, we publicly asked you to provide simple data on how many people arrive and leave at each level of Herbalife’s network over time...You still have not disclosed the facts. In light of your admission that Herbalife is a lottery ticket, basic fairness suggests you should disclose the facts."
08:56 EDTHLFVideo shows Herbalife CEO saw ‘pyramiding’ signs in 2005, NY Post reports
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June 25, 2015
10:07 EDTHLFHerbalife rises after Pivotal says SEC completes review of filings
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09:47 EDTHLFHerbalife price target raised to $90 from $80 at Pivotal Research
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