Herbalife and the Federal Trade Commission Reach Settlement Agreement

Herbalife (HLF) Has 'Levers to Pull' in Next Few Weeks - Pivotal Research

Pivotal Research reiterated a Buy rating on Herbalife (NYSE: HLF) with a price target of $90. Analyst Timothy S. Ramey doesn't believe efforts to comply with FTC oversight will do much damage to its U.S. business, and he reiterated his bullish stance. He also noted that Herbalife has "several important levers to pull in the next few weeks."

"There is no doubt that the permanent injunction, entered into by the FTC and Herbalife has challenges for the company and plenty of stern language. The company will be under three-year scrutiny by the... More

Herbalife (HLF) Off Highs with FTC News Conference Underway

Herbalife (NYSE: HLF) Off Highs with FTC News Conference Underway

"But the FTC has charged that this... More

Herbalife (HLF) FTC Settlement a 'Total Defeat' for Short Camp; Sees Massive Short Squeeze - Pivotal's Ramey

Pivotal Research analyst Timothy Ramey reiterated a Buy rating and $90 price target on Herbalife (NYSE: HLF) after the company reached a long-awaited settlement with the FTC.

The company agreed to pay a $200 million fine to the FTC and $3 million to the Illinois Attorney General. The company will
adopt a two-tier membership structure a structure HLF floated in the Spring of 2013 as a possibility. It will need to show that 80% of product sales are to legitimate end users.

Ramey notes the FTC changes are... More

Herbalife (HLF) Shorts Could Rush to Cover Amid FTC Settlement, Potential for Larger Icahn Stake

Herbalife (NYSE: HLF) shares are trading strong early Friday following a settlement with the FTC.

Notably, short interest on Herbalife was at 21.68 million shares, or 25.2 percent of float, as of June 30, 2016. That could pave the way for the stock to squeeze higher... More

Carl Icahn Comments on Herbalife (HLF), FTC Settlement; Says Time for Co. to Consider Range of Opportunities

Carl Icahn offered the following commentary on Herbalife (NYSE: HLF) following news of an FTC settlement this morning:

I have always believed in Herbalifes strong fundamentals and am pleased the Board has decided to increase my ownership limit from 25% to 34.99% of the Companys outstanding shares. A significant part of my investment success is directly tied to our in-depth investment research and understanding of often complex and unique issues facing companies. One can be sure that this was the case with Herbalife where we spent considerable time and resources studying the false... More

Carl Icahn Issues Statement In Response to Herbalife's (HLF) Settlement with the FTC

Carl Icahn issued a statement in response to Herbalife's (NYSE: HLF) settlement with the FTC:

July 15, 2016

I have always believed in Herbalifes strong fundamentals and am pleased the Board has decided to increase my ownership limit from 25% to 34.99% of the Companys outstanding shares. A significant part of my investment success is directly tied to our in-depth investment research and understanding of often complex and unique issues facing companies. One can be sure that this was the case with Herbalife where we spent considerable time and resources studying the false pyramid... More

Herbalife (HLF) Grants Icahn Right to Raise Stake Up to 34.99%

With the FTC settlement, Herbalife (NYSE: HLF) announced that Carl Icahn... More