Ackman's Short on Herbalife (HLF) Said to be Over 20M Shares

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Herbalife (HLF) Gets Ack-Attacked

December 20, 2012 3:51 PM EST

Hedge 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 Thinks Herbalife (HLF) Buying Stock to Support Price

December 20, 2012 1:08 PM EST

Hedge fund giant Bill Ackman suspects Herbalife (NYSE: HLF) buying back stock today, according to comments on CNBC.... More

Ackman's Target Price on Herbalife (HLF) is 'Zero'

December 20, 2012 12:39 PM EST

Bill Ackman said his target price on Herbalife Ltd. (NYSE: HLF) is "zero."... More

Ackman Will Give 100% of Short Profits on Herbalife (HLF) to Charity

December 20, 2012 12:35 PM EST

Bill Ackman said he'll give 100 percent of profits on his Herbalife (NYSE: HLF) short to charity.... More

Herbalife (HLF) on Watch as Ackman Presents Short Thesis

December 20, 2012 9:49 AM EST

Bill Ackman is currently presenting his short thesis on Herbalife Ltd. (NYSE: HLF) at the Ira Sohn conference.

The short, disclosed first on CNBC, sent shares down 12% yesterday. They are down another 2.5% currently.

Unless Ackman presents something groundbreaking,... More

The Tell-Tale Sign: Herbalife (HLF) CEO Johnson Actually Responds to Ackman Allegations

December 20, 2012 6:55 AM EST

Herbalife (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 EST

Bill Ackman says he has no puts in Herbalife (NYSE: HLF), according to CNBC's Kate Kelly.... More

Herbalife (HLF) to Acquire N.C. Manufacturing Facility

December 19, 2012 3:06 PM EST

Herbalife Ltd. (NYSE: HLF) entered into a definitive agreement to purchase a manufacturing facility in Winston Salem, North Carolina. This purchase further expands Herbalifes global manufacturing capacity and is in line with the companys stated strategy to increase self-manufacturing for its products.
... 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) Plunges After Bill Ackman Gets Short; Calls a 'Pyramid Scheme'

December 19, 2012 2:22 PM EST

Shares of Herbalife Ltd. (NYSE: HLF) plunged mid-day Wednesday after CNBC revealed that it is Bill Ackman's latest short pick for his Pershing Square Capital hedge fund.

Earlier,... More

Herbalife (HLF) Resumes Trading; Last down 11.6%

December 19, 2012 2:07 PM EST

Herbalife (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 EST

Nu 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 EST

Herbalife 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