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Stock Market & Financial Investment News

News Breaks
July 17, 2014
13:46 EDTHLFHerbalife says 'stands behind quality' of products
Herbalife issued the following statement regarding the strength and integrity of its business: "Herbalife has the utmost trust in the integrity of our business model and that we are in compliance with all applicable laws and regulations. We are cooperating fully with the FTC and welcome the opportunity to clear up misinformation in the marketplace. Herbalife stands behind the quality of our products and our commitment to member satisfaction and consumer protection. Herbalife continues to face an unprecedented and unrelenting attack from Pershing Square to support its $1B bet to manipulate and drive Herbalife's stock price to zero to the detriment of our investors, members, customers and employees. Herbalife is confident that the facts are on its side and that it will overcome Pershing Square's campaign of misinformation about the Company as the truth about Pershing Square's increasingly desperate accusations is revealed. Attacks on Herbalife have been clearly orchestrated by Pershing Square and its agents. Pershing Square's attack on the Company lacks any impartiality or accountability. Pershing Square has no duty to any member of the public and is unhindered by the disclosure obligations imposed upon publicly traded corporations. With Pershing Square's limited accountability, in light of the historical regulatory scrutiny placed on Herbalife, it has made the astonishing claim that it is a "provable certainty" Herbalife is a massive, sprawling fraud that had gone undetected for more than 30 years. Pershing Square is claiming that decades of Herbalife management, and a material number of members had all kept this secret.Pershing Square has admittedly spent more than $20B and 18 months trying to find former Herbalife members from as far back as 2008 that will complain about their experience with the Company. In fact, Pershing Square has even been willing to pay multi-million dollar bounties to anyone willing to generate negative publicity against Herbalife and support Pershing Square's agenda. The reason why Pershing Square has so few relative voices is because, as demonstrated through third party studies, the overwhelming majority of our members have been very satisfied, and we are proud of that track record. In fact, Pershing Square's own well-financed campaign to find dissatisfied customers has actually largely validated our consumer reputation. Ultimately, Pershing Square's campaign is based on propaganda."
News For HLF From The Last 14 Days
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July 31, 2015
05:55 EDTHLFStocks with implied volatility above IV index mean; LNKD HPQ
Stocks with implied volatility above IV index mean; LinkedIn (LNKD) 61, Hewlett-Packard (HPQ) 36 according to iVolatility.
July 29, 2015
12:21 EDTHLFHerbalife volatility increases after lawsuit reportedly dismissed
Herbalife August weekly call option implied volatility is at 104, August is at 79, September is at 67; compared to its 52-week range of 24 to 78, suggesting large near term price movement after 'pyramid scheme' lawsuit was reportedly dismissed.
11:46 EDTHLFHerbalife rises after 'pyramid scheme' lawsuit reportedly dismissed
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11:46 EDTHLFDistrict judges dismisses pyramid scheme suit against Herbalife, Reuters reports
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11:36 EDTHLFDistrict judges dismisses pyramid scheme suit against Herbalife, Reuters reports
July 28, 2015
14:26 EDTHLFHerbalife volatility increases into Q2 and outlook
Herbalife August weekly call option implied volatility is at 45, August is at 77, September is at 48; compared to its 52-week range of 24 to 78, suggesting large near term price movement into the expected release of Q2 results on August 10.
July 22, 2015
06:12 EDTHLFHerbalife requests user information from Twitter, Reuters reports
Herbalife (HLF) has filed a petition seeking information from Twitter (TWTR) to find an anonymous user who posted defamatory tweets against Herbalife, Reuters reports. Herbalife wants Twitter to provide IP addresses as well as account details of the user so that the company can pursue legal action, the report says. Reference Link
July 21, 2015
10:01 EDTHLFOn The Fly: Analyst Initiation Summary
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July 20, 2015
16:40 EDTHLFHerbalife initiated with a Neutral at Sterne Agee CRT
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