Third Point's Loeb Isn't Always Positive on MLM Cos.; Takes Short in Herbalife (HLF) Peer
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/27/2026
Go back to Third Point's Loeb Isn't Always Positive on MLM Cos.; Takes Short in Herbalife (HLF) Peer
January 23, 2013 3:38 PM EST
For months investors assumed hedge fund manager David Einhorn had a short bet on multi-level marketing company Herbalife (NYSE: HLF). The speculation began in May during a conference call when Einhorn grilled Hebalife management. Rumors intensified when hedge-fund manager William Ackman announced a short position on the stock. Shortly after rival hedge fund managers,... More
January 10, 2013 11:05 AM EST
They called Dan Loeb's long bet on Herbalife Ltd. (NYSE: HLF) a slap in the face to fellow hedge fund investor and so-called friend Bill Ackman, who is massively short the stock. But it appears the rift goes further...
A story... More
January 9, 2013 3:31 PM EST
In an investor letter today, Third Point's Dan Loeb made his argument in favor of Herbalife (NYSE: HLF). The letter follows news this morning that Third Point has accumulated an 8.2 percent stake in the multi-level marking company. The announcement stirred controversy in the hedge fund community and pits Loeb against his friend William Ackman, who claims Herbalife is a ponzi... More
January 9, 2013 10:07 AM EST
In a 13G filing on Herbalife (NYSE:... More
