herbalife
Ackman rejoicing as Herbalife stock suffers
Activist hedgie Bill Ackman caught a glimmer of hope Tuesday as Herbalife’s stock tumbled nearly 4 percent in after-hours trading following a mixed 2017 forecast. The Los Angeles nutritional supplement...
Herbalife still strong, despite $200M settlement
It’s been one year since the Federal Trade Commission told Herbalife to change its ways and pony up a $200 million settlement — but the regulator’s sting has yet to...
Herbalife cuts sales outlook as FTC curbs its business practices
Herbalife just gave hedge fund billionaire Bill Ackman a reason to smile. Shares of the Los Angeles-based nutritional supplement company plunged more than 7 percent at $68.53 in midday trading...
Bill Ackman loves his new stock pick, but won't say what it is
Bill Ackman is talking up his favorite investment, big-time — except for the fact that he won’t tell anybody what it is. The hedge-fund billionaire has spent the past several...
Herbalife CEO calls critics 'fake news' after strong quarter
Herbalife had a surprisingly strong quarter, tightening a squeeze on hedge fund billionaire Bill Ackman. The Los Angeles-based supplements distributor reported better-than-expected first-quarter results and raised its guidance, which sent...
Ackman dumps Valeant stake hours after being squeezed on Herbalife
Bill Ackman screamed “uncle” on one of his worst bets ever — while getting squeezed by Carl Icahn on his second-worst bet. The New York tycoon behind Pershing Square Capital...
Icahn ups Herbalife bet again, squeezing nemesis Ackman
Carl Icahn just gave Herbalife’s stock an energy boost. The billionaire activist investor just upped his stake in the nutritional supplements distributor — and thumbed his nose once again at...
Herbalife secures $1.45B line of credit
Herbalife has secured a $1.45 billion senior secured credit facility, The Post has learned. Under terms of the loan, the Los Angeles nutritional supplement company will be able to access...
Herbalife stock plummets amid regulation probe
Herbalife shares opened sharply lower on Friday after the company revealed regulators asked the diet shake maker for information about possible anti-corruption violations in China. After being down 3.5 percent,...
Herbalife pays up after being accused of pyramid scheme
Checks are in the mail for nearly 350,000 people who said they lost money trying to run an Herbalife business, the Federal Trade Commission said Tuesday. The checks are being...
John Oliver delivers epic takedown of Herbalife
https://www.youtube.com/watch?v=s6MwGeOm8iI HBO’s John Oliver presented a nearly 32-minute takedown of Herbalife and other multilevel marketers on his show Sunday night — and the market yawned. The host, whose “Last Week...
Icahn ups Herbalife stake to 23 percent
Billionaire Carl Icahn is extending a years-long proxy fight with fellow billionaire Bill Ackman, upping his stake in Herbalife yet again. The two have been battling over the legitimacy of...
Pershing Square on track for worst performance ever
Bill Ackman may be having his own “Herbalife moment,” according to William Cohan’s profile in the latest issue of Vanity Fair. After reporting its “worst annual performance ever” in 2015,...
There's something shady with sellout DC screening of anti-Herbalife film
The latest chapter in Bill Ackman’s war against Herbalife occurred in a half-empty Washington DC theater last Friday night. “Betting on Zero,” the documentary, which chronicles Ackman’s now-four-year battle against...
Icahn twists knife in Ackman, grabs 307K shares of Herbalife
Carl Icahn is doing his best to make Bill Ackman’s Labor Day weekend miserable. The billionaire investor bought nearly 307,000 more shares of Herbalife on Wednesday, according to a regulatory...
Carl Icahn backs Bill Ackman into a corner in Herbalife battle
Nobody puts Bill Ackman in a corner — except Carl Icahn. Icahn said Ackman, whose Pershing Square hedge fund has a $1 billion dollar short bet on Herbalife, should realize...
Is Icahn seriously considering selling Herbalife's stake to Ackman?
Just when you thought the Herbalife war was over, billionaires Carl Icahn and Bill Ackman took up battle stations again. Ackman, who has a $1 billion short on Herbalife, fired...
Herbalife scores second victory with FTC deal
Not even a $200 million settlement with the Federal Trade Commission can get Herbalife down. Shares of the nutritional supplement company gained as much as 4 percent in after-hours trading...
Dear John: How Bill Ackman’s Herbalife plan works
Dear John : I have been following investor Bill Ackman’s short position on Herbalife for some time now. Recently, the Federal Trade Commission settled a probe into Herbalife without finding...
Ackman's holdings plummet thanks to Valeant, Herbalife
It appears Bill Ackman doesn’t want to dwell on the negative. During Pershing Square’s second quarter call, Ackman said that year-to-date results for his various funds fell between 14 percent...