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Stock Market & Financial Investment News

News Breaks
June 4, 2014
07:17 EDTHLFFormer Herbalife salesman seeks to add others to lawsuit, NY Post says
Dana Bostick, a former Herbalife salesman who is suing the company on allegations it is a pyramid scheme, failed to reach a settlement after mediation sessions with the company and is asking to have four other former distributors added to his suit, said The New York Post. Reference Link
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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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August 6, 2014
11:31 EDTHLFHerbalife makes fresh 52-week low, levels to watch
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11:17 EDTHLFHerbalife volatility elevated as shares pullback to one-year low
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06:02 EDTHLFStocks with implied volatility below IV index mean; HLF CMG
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