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Herbalife Spikes Up Amid Report That Bill Stiritz Has Increased His Stake
Friday, January 23, 2015 - 1:48pm | 114Herbalife Ltd. (NYSE: HLF) spiked up approximately 3.5 percent shortly before noon Friday amid comments from CNBC’s Scott Wapner. Wapner commented that Post Holdings Inc (NYSE: POST) Chairman and CEO Bill Stiritz holds 8.2 percent of Herbalife’s stock and that Stiritz has not sold...
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Here's Why Carl Icahn And Bill Stiritz Continue To Hold Their Stake In Herbalife
Sunday, January 11, 2015 - 2:24pm | 365Bill Ackman recently came out with a new testament against Herbalife Ltd. (NYSE: HLF), a video showing the company’s top executives speaking against its business model. However, some of the top shareholders in Herbalife, including Carl Icahn and Bill Stiritz, aren’t paying any...
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Ackman's New Strategy: Targeting Herbalife Distributors And Board Members
Friday, February 7, 2014 - 2:50pm | 535As a Latino advocacy group met with a federal regulator Tuesday to discuss their concerns about alleged abuses perpetrated by Herbalife (NYSE: HLF) against Latinos and others, hedge-fund manager Bill Ackman continued his efforts to portray the company as an illegal pyramid scheme. This time...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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Bill Ackman Stands Firm, Noting, "Enron Also Had Audited Financial Statements"
Wednesday, December 18, 2013 - 10:38am | 560In late December 2012, hedge fund manager, Bill Ackman gave a 342 slide presentation explaining why he thought MLM company, Herbalife (NYSE: HLF), was an illegal pyramid scheme and why he had taken at least a 20 million share short position. Despite losing as much as $500 million over the past...