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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
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August 29, 2014
11:32 EDTNUSNu Skin mentioned cautiously by Seeking Alpha contributor
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August 28, 2014
12:47 EDTHLFHerbalife volatility flat as shares at low end of 13-month range
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August 27, 2014
11:09 EDTHLFHerbalife at highs following Icahn tweet
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August 25, 2014
11:44 EDTHLFStocks with call strike movement; PVA HLF
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August 22, 2014
14:28 EDTHLFHerbalife off earlier lows, levels to watch
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13:45 EDTHLFAckman likely pressed bearish options bet on Herbalife, CNBC reports
Bill Ackman of Pershing Square likely pressed his bearish options bet on Herbalife, based on options trading activity, CNBC's Scott Wapner reports.
August 18, 2014
09:54 EDTNUSNu Skin mentioned cautiously by Bronte Capital
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