New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 15, 2013
13:11 EDTNUS, HLF Nu Skin advances after Icahn reports stake in Herbalife
Multi-level marketer Nu Skin (NUS) is climbing after Carl Icahn reported last night that he had obtained a 13% stake in Herbalife (HLF), which is also a multi-level marketer. The target of a massive short selling campaign during the last several months by billionaire investor Bill Ackman, Herbalife sells nutritional supplements. Ackman has said that Herbalife is a Ponzi scheme that will ultimately fail. Meanwhile, Icahn stated in an SEC filing yesterday and on CNBC earlier today that Herbalife is undervalued. Icahn also contends Herbalife should examine the possibility of taking the company private. Neither Herbalife nor Nu Skin has been confirmed to be targeted by regulators recently, but the FTC on January 28 sued Kentucky based Fortune Hi-Tech for allegedly operating a pyramid scheme. Fortune Hi-Tech has been placed in receivership. In mid-afternoon trading, Nu Skin rose 1.5% to $42.55, while Herbalife was up 7.5% to $41.14.
News For NUS;HLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information
11:46 EDTHLFDistrict judges dismisses pyramid scheme suit against Herbalife, Reuters reports
Subscribe for More Information
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 EDTNUS, HLFOn The Fly: Analyst Initiation Summary
Subscribe for More Information
July 20, 2015
16:41 EDTNUSNu Skin initiated with a Neutral at Sterne Agee CRT
Subscribe for More Information
16:40 EDTHLFHerbalife initiated with a Neutral at Sterne Agee CRT
Subscribe for More Information
July 15, 2015
06:03 EDTHLFStocks with implied volatility above IV index mean; P HLF
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use