Herbalife (HLF) Tops Q2 EPS by 23c; Boosts Outlook
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No Rest for the Weary; Ackman Takes Lumps Again on Herbalife (HLF)
July 31, 2013 1:11 PM EDTThey just won't let Bill Ackman have any peace, will they...
The same day that the hedge fund manager announced that he has accumulated a large position in Air Products & Chemicals (NYSE: APD), other hedge funds are raining on his parade. Specifically, George Soros' Soros Management is said to have accumulated a large stake in Ackman short target Herbalife (NYSE: HLF), according to reports from CNBC. Herbalife is now a top 3... More
Herbalife (HLF) PT Raised to $77 at Canaccord Genuity
July 30, 2013 9:45 AM EDTCanaccord Genuity analyst Scott Van Winkle boosted his price target on Buy-rated Herbalife (NYSE: HLF) from $63 to $77 following strong Q2 results.
"We believe Herbalife's efficient business model along with deployment of its daily consumption models globally will continue to drive double-digit revenue and... More
Herbalife (HLF) PT Raised to $92 at DA Davidson
July 30, 2013 7:22 AM EDTDA Davidson analyst Tim Ramey reiterated a Buy rating and raised his price target on Herbalife (NYSE: HLF) from $78 to $92 following strong Q2 EPS of $1.41, up 28% YOY.
"We are increasing our EPS estimates for FY13 and FY14 by a dime to $5.00 and $5.75,... More
Bill Ackman Cost Herbalife (HLF) $15.1M So Far
July 29, 2013 4:47 PM EDTNot that Herbalife (NYSE: HLF) shareholders are complaining... but Bill Ackman is costing the company a pretty penny.
Herbalife said it has racked up $15.1 million in expenses (post-tax), "mostly legal and advisory services relating to the Company's response to information put into... More
Herbalife (HLF) Declares $0.30 Quarterly Dividend; 2% Yield
July 29, 2013 4:17 PM EDTHerbalife (NYSE: HLF) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.
The dividend will be payable on August 27, 2013, to stockholders of record on August 13, 2013, with an ex-dividend date of August 9, 2013.
The annual yield on the dividend is 2 percent.
... More
