Herbalife (HLF) Tops Q1 EPS by 27c, Raises FY EPS Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Shorting Herbalife (HLF) is 'Absurdly Risky', Says Pivotal Research
May 6, 2016 8:05 AM EDTPivotal Research maintained a Buy rating on Herbalife (NYSE: HLF) with a price target of $90. Comments follow the release of strong Q1 results and an updated FTC disclosure. Analyst Timothy Ramey thinks the end game is near on the FTC matter, and he said being short Herbalife at this time is "absurdly risky."
Yesterday the company said in an SEC filing:
The outcome of these matters with the FTC, whether by mutual resolution or through litigation, could have a material adverse impact on the Companys business operations, its results of... More
UPDATE: Herbalife (HLF) Says Talks With FTC Have Progressed to Advanced Stage
May 5, 2016 4:37 PM EDT(Updated - May 5, 2016 5:28 PM EDT)
(Updated)
Herbalife (NYSE: HLF) said talks with the FTC have progressed to an advanced stage, according to Bloomberg, citing an email statement.
"While there are a number of open issues, those discussions have progressed to an advanced stage and the range of outcomes now includes litigation or settlement. If a settlement is reached with the FTC, it would likely include injunctive and other relief as well as a monetary payment with our best estimate of a payment being $200 million," the company told... More
