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Lachapelle: Ackman And Icahn Are Playing A Game Of Chicken
Friday, August 26, 2016 - 11:57am | 416Carl Icahn may want to sell his winning stake in Herbalife Ltd. (NYSE: HLF) to fellow billionaire investor Bill Ackman, who made a losing $1 billion bet against the company in 2012. According to Bloomberg Gadfly's Tara Lachapelle, the real story here isn't the fact that Ackman's...
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Bill Ackman: 'There Are No Incentives To Remain An Herbalife Distributor'
Friday, July 15, 2016 - 1:51pm | 311Herbalife Ltd. (NYSE: HLF)'s stock surged to a 52-week high of $72.22 early Friday morning after the company was not found to be operating an illegal pyramid scheme by the U.S. Federal Trade Commission (FTC). Related Link: Herbalife Soars After FTC Determines It's Not Operating As A Pyramid Scheme...
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Icahn Says Ackman Is 'Just Dead Wrong' On Herbalife
Thursday, June 9, 2016 - 11:11am | 275Bill Ackman's Pershing Square hedge fund is having a rough year given its heavy losses in Valeant Pharmaceuticals Intl Inc (NYSE: VRX) and its short thesis on Herbalife Ltd. (NYSE: HLF), which has risen 110 percent since initiating a short position back in December 2012. The last thing...