Herbalife (HLF) Plunges After Bill Ackman Gets Short; Calls a 'Pyramid Scheme'
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Herbalife (HLF) Gets Ack-Attacked
December 20, 2012 3:51 PM ESTHedge fund guru Bill Ackman of Pershing Square Capital has sunk his teeth into multi-level-marketing (MLM) company Herbalife (NYSE: HLF). Mr. Ackman disclosed he was short the stock on Wednesday, ahead of a presentation at today's Ira Sohn conference. At the conference, Mr. Ackman and two of his employees laid out a relentless, three-hour long attack on the company, which he calls a "pyramid scheme."
Shares of Herbalife, which were down... More
Ackman's Short on Herbalife (HLF) Said to be Over 20M Shares
December 20, 2012 1:28 PM ESTBill Ackman's short interest in Herbalife (NYSE: HLF) is said to be more than 20 million shares.... More
Ackman Thinks Herbalife (HLF) Buying Stock to Support Price
December 20, 2012 1:08 PM ESTHedge fund giant Bill Ackman suspects Herbalife (NYSE: HLF) buying back stock today, according to comments on CNBC.... More
Ackman Will Give 100% of Short Profits on Herbalife (HLF) to Charity
December 20, 2012 12:35 PM ESTBill Ackman said he'll give 100 percent of profits on his Herbalife (NYSE: HLF) short to charity.... More
The Tell-Tale Sign: Herbalife (HLF) CEO Johnson Actually Responds to Ackman Allegations
December 20, 2012 6:55 AM ESTHerbalife (NYSE: HLF) Chairman and CEO Michael O. Johnson responded late Wednesday to questions regarding hedge fund manager William Ackmans claims about Herbalife by saying, The allegation that Herbalife is a pyramid scheme is bogus. Make no mistake: Todays announcement isnt about Herbalifes business model. Its about Bill Ackmans business model.
Heres... More
Bill Ackman says he has no puts in Herbalife (HLF) - CNBC's Kelly
December 19, 2012 3:44 PM ESTBill Ackman says he has no puts in Herbalife (NYSE: HLF), according to CNBC's Kate Kelly.... More
UPDATE: Herbalife (HLF) Ticks Higher on CEO Comments; Calls Ackman's Actions 'Blatant' Manipulation
December 19, 2012 3:01 PM EST(Updated - December 19, 2012 3:02 PM EST)
Herbalife (NYSE: HLF) ticks higher as CEO Michael O. Johnson spoke a few words on CNBC. In part, he said Ackman's action was "blatant" market manipulation.
UPDATE - Johnson said Ackman sets presentation day... More
Herbalife (HLF) Resumes Trading; Last down 11.6%
December 19, 2012 2:07 PM ESTHerbalife (NYSE: HLF) has resumed trading after being halted on a breaker after it was disclosed Bill Ackman is short.... More
Nu Skin (NUS) Slammed on Herbalife (HLF) News
December 19, 2012 2:05 PM ESTNu Skin Enterprises Inc. (NYSE: NUS) shares traded lower immediately after news of Ackman's short position in Herbalife (NYSE: HLF). Shares are lower by close to 10 percent.... More
Herbalife (HLF) Halted as Ackman Said He is Short
December 19, 2012 2:03 PM ESTHerbalife Ltd. (NYSE: HLF) has been halted on a circuit breaker after it was revealed that Bill Ackman is short the stock, according to CNBC.
Ackman will present more tomorrow at the Ira Sohn conference tomorrow on HLF.... More
Bill Ackman to Present New Idea at Ira Sohn Tomorrow
December 19, 2012 12:08 PM ESTTraders are chatting about word that hedge fund manger Bill Ackman of... More
