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Stock Market & Financial Investment News

News Breaks
March 3, 2014
06:09 EDTHLFPershing Square to present information highlighting Herbalife's China practices
Pershing Square Capital Management, L.P. on Friday announced it will be conducting a conference call on March 11 at 2:00 p.m. EST regarding its investigation of Herbalife Ltd.'s business practices in China, "providing evidence that the company is operating in violation of Chinese law. The report will show that Herbalife's business in China operates much like the company's business in the rest of the world as a pyramid scheme."
News For HLF From The Last 14 Days
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August 13, 2014
14:04 EDTHLFAckman will continue Herbalife short position as needed, Bloomberg reports
Bill Ackman's hedge-fund Pershing Square said most of the Herbalife contracts it holds will expire next year and that it will extend their terms by "paying additional premiums if it is necessary to do so," according to Bloomberg, citing Ackman's quarterly letter to investors. In the letter, Ackman said that the cost of holding a short position in options of Herbalife has dropped "substantially" after the company canceled its dividend, the report noted. Reference Link
11:21 EDTHLFAckman says Herbalife may be unable to refinance 2016 credit, Bloomberg reports
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August 8, 2014
16:46 EDTHLFCapital Research reports 10.1% passive stake in Herbalife
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