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Stock Market & Financial Investment News

News Breaks
December 26, 2012
10:13 EDTNTRI, MED, WTW, HLFMedifast tumbles after acting CFO resigns
Shares of Medifast (MED), which distributes and sells health and diet products, are retreating after the company announced that its acting CFO Edward Powers had resigned, effective no later than January 4. Powers became acting CFO on November 13 and is also the company's principal accounting officer. Medifast competes with Herbalife (HLF), which has come under fire recently from billionaire fund manager Bill Ackman. According to Ackman, Herbalife is operating a pyramid scheme that will eventually collapse. Ackman is shorting Herbalife's stock. Other companies that compete with Medifast are Weight Watchers (WTW) and NutriSystem (NTRI). In early trading, Medifast slumped $3.47, or 11.82%, to $25.89, while Herbalife advanced $1.08, or 4.14%, to $27.14 after the Wall Street Journal reported earlier that it has hired a law firm to help it fight back against Ackman.
News For MED;HLF;WTW;NTRI From The Last 14 Days
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May 28, 2015
11:36 EDTNTRINutrisystem management to meet with Barrington
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07:29 EDTNTRI, MEDCitigroup to hold a conference
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May 26, 2015
20:51 EDTMED, NTRICitigroup to hold a conference
Global Consumer Conference is being held in New York on May 27-28.
May 21, 2015
10:12 EDTWTWOptions with decreasing implied volatility
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May 20, 2015
10:29 EDTWTWOptions with decreasing implied volatility
Options with decreasing implied volatility: ZIOP KING ARIA CTRP WTW VHC XON KERX VIPS JCP
May 19, 2015
12:16 EDTHLFFTC, states charge four cancer charities as shams
The Federal Trade Commission and 58 law enforcement partners from every state and the District of Columbia have charged four sham cancer charities and their operators with bilking more than $187M from consumers. Named in the federal court complaint are Cancer Fund of America, Cancer Support Services, Children’s Cancer Fund of America and The Breast Cancer Society. Shares of Herbalife (HLF) and Lumber Liquidators (LL) weakened intraday yesterday as speculation circulated about whether either of the companies would be the target of the FTC's announcement today.
11:59 EDTWTWOptions with decreasing implied volatilit
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May 18, 2015
12:12 EDTHLFHerbalife dips after FTC says to announce 'major consumer fraud' case
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