Herbalife Pyramid Scheme

Herbalife Ltd. (NYSE: HLF)'s announcement early Monday morning that it now expects its revenue to fall short of prior estimates sent the stock lower by more than 5 percent. But not all among the Street sees this warning as a bearish sign, including Pivotal Research Group's Timothy Ramey. Ramey...

Shares of Herbalife Ltd. (NYSE: HLF) traded higher on Tuesday despite a letter from Pershing Square comparing the company to Vemma Nutrition. Vemma Nutrition was shut down by the FTC for operating a pyramid scheme late last month. Pivotal Research's Tim Ramey told Benzinga that Ackman...

U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...

U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...

On Wednesday, Pershing Square Capital Management revealed that Shane Dinneen has resigned from the company. Dinneen was the analyst responsible for conducting research on Herbalife (NYSE: HLF) prior to the investment firm initiating its massive short position in the company. In a letter to...

The problems for Herbalife (NYSE: HLF) continue to pile on. On Tuesday the Canadian Competition Bureau, Canada's top consumer regulator, launched a formal inquiry into Herbalife -- which is accused by many, including billionaire hedge fund owner Bill Ackman, of operating a giant pyramid scheme...

Major indices continued to plummet on Friday with no economic data released that could rejuvenate the market. Investors remain worried about a Chinese slowdown, a mixed-bag of corporate results on Wall Street and possible further tapering just around the corner as the Fed meets again next...

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...