Herbalife (HLF) Re-Audit Serves as 'Nail in the Coffin' for Shorts - SunTrust; PT Raised to $85
- Wall St slips as higher yields offset upbeat corporate earnings
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil settles lower as U.S. business activity cools, concerns over Middle East ease
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- 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
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Herbalife (HLF) Target Price Lifted to $87 at Canaccord Genuity
December 17, 2013 8:39 AM ESTCanaccord Genuity analyst Scott Van Winkle reiterated a Buy rating on and raised his price target from Herbalife (NYSE: HLF) 77 to $87 following the successful re-audit.
Van Winkle highlights:
The completed re-audit of historical financials by PwC removes an overhang and risk... More
Ackman's Pershing Square Issues Statement on Herbalife (HLF)
December 16, 2013 5:21 PM ESTBill Ackman's Pershing Square issued the following statement on Herbalife (NYSE: HLF), following the company's successful... More
With Clean Audit Complete, Herbalife (HLF) Can Head to 20x Multiple or $115/Sh - Ramey
December 16, 2013 4:49 PM ESTThe axe in Herbalife (NYSE: HLF), Tim Ramey of DA Davidson, weighed in on the stock following today's successful re-audit.... More
Herbalife (HLF) Completes Re-Audit; Reports No Material Changes in Amended Filings
December 16, 2013 3:23 PM ESTHerbalife (NYSE: HLF) announced that PricewaterhouseCoopers LLP, Herbalifes independent registered public accounting firm (PwC), has completed its re-audit of the Companys consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012, and the audit of the effectiveness of the Companys internal control over financial reporting as of December 31, 2012.
Today, the Company... More