New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 15, 2013
13:11 EDTHLF, NUS 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.
November 19, 2014
10:00 EDTNUS, HLFOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:14 EDTHLFHerbalife initiated with a Buy at BTIG
Subscribe for More Information
06:14 EDTNUSNu Skin initiated with a Neutral at BTIG
Subscribe for More Information
November 14, 2014
17:07 EDTHLFSoros Fund Management gives quarterly update on stakes
Subscribe for More Information
08:07 EDTHLFHerbalife director linked to Brazilian fraud case, Reuters reports
Subscribe for More Information
November 11, 2014
10:39 EDTNUSOptions with decreasing implied volatility
Subscribe for More Information
05:51 EDTHLFStocks with implied volatility movement; HLF CMCSA
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