Loeb's Third Point LLC Shows New 8.24% Stake in Herbalife (HLF)
- Stocks and yen struggle as tech troubles weigh
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Loeb May Have Said 'Sayonara' to Herbalife (HLF)
March 5, 2013 6:54 AM ESTHas Dan Loeb had enough of Herbalife (NYSE: HLF)?
According to the NY Post, the answer may be "yes." The Post obtained a monthly investor letter from Loeb showing the Herbalife was no longer a top five holding or top... More
Is Herbalife (HLF) Now a 'Sell the News' or a 'Short-Squeeze' Candidate?
January 10, 2013 12:26 PM ESTHerbalife (NYSE: HLF) is giving back earlier gains as the conference call has now concluded and CEO interview is over. With the stock up 65% from the post-Ackman lows, some are looking for a "sell the news" reaction with all the "good news" now out.... More
Does Dan Loeb Think Bill Ackman Has Lost His Touch? (HLF) (JCP)
January 10, 2013 11:05 AM ESTThey called Dan Loeb's long bet on Herbalife Ltd. (NYSE: HLF) a slap in the face to fellow hedge fund investor and so-called friend Bill Ackman, who is massively short the stock. But it appears the rift goes further...
A story in the... More
Is Activist Investor Carl Icahn Now Joining the Battle Over Herbalife (HLF)?
January 10, 2013 6:30 AM ESTThe battle for Herbalife (NYSE: HLF) may not be limited to just Third Point's Dan Loeb and Pershing Square's Bill Ackman.
According to the NY Post on Thursday, activist investor Carl Icahn might also have a long position in the supplements... More
Loeb Lays Out Argument in Favor of Herbalife (HLF)
January 9, 2013 3:31 PM ESTIn an investor letter today, Third Point's Dan Loeb made his argument in favor of Herbalife (NYSE: HLF). The letter follows news this morning that Third Point has accumulated an 8.2 percent stake in the multi-level marking company. The announcement stirred controversy in the hedge fund community and pits Loeb against his friend William Ackman, who claims Herbalife is a ponzi... More
Loeb doesn't think Herbalife (HLF) is a ponzi scheme, worth $55-$68
January 9, 2013 2:29 PM ESTIn letter, Dan Loeb said he doesn't think Herbalife (NYSE: HLF) is a ponzi scheme. Could be worth $55-$68 share.... More
Ackman Responds to Loeb on Herbalife (HLF), Welcomes Additional 'Sunlight to the Situation'
January 9, 2013 1:46 PM ESTBill Ackman's Pershing Square hedge fund issued a response after Dan Loeb's Third Point hedge fund built an 8.2% long position in Herbalife... More
Dan Loeb's Herbalife (HLF) Stake was Chapman's 'Big News'
January 9, 2013 10:34 AM ESTFBN's Charles Gasparino that the Dan Loeb stake in Herbalife (NYSE: HLF) was fellow hedge fund investor Robert Chapman's "big news".... More
Nu Skin (NUS), USNA (USNA), Avon (AVP) Active on Loeb's New Herbalife (HLF) Stake
January 9, 2013 10:10 AM ESTShares of Nu Skin Enterprises Inc. (NYSE: NUS), USANA Health Sciences (NYSE: USNA), and Avon (NYSE: AVP) are active on Dan Loeb showing a new 8.2 percent stake in peer Herbalife (NYSE: HLF).... More
Herbalife (HLF) trading paused for volatility
January 9, 2013 10:05 AM ESTHerbalife (NYSE: HLF) trading paused for volatility.... More