Tag: Bill Ackman
Bill Ackman Losing His Bet Against Herbalife
March 1, 2018
Bill Ackman’s Pershing Square Capital has exited its Herbalife bet five years after his on-air verbal brawl with Carl Icahn on CBNC. Ackman told CNBC’s Scott Wapner on Wednesday in a phone call that he had ...
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Breaking News: Herbalife Attacks Bill Ackman With Full Power
August 29, 2016
According to a Herbalife press release: Herbalife Today Posts First in a New Series of Videos on TheRealBillAckman.com Shows How Bill Ackman's Hubris Drives Him To Make Unsound Decisions Costing His Investors Hundreds Of Millions ...
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Herbalife Chairman Speaks Out Against Activist Investing
November 8, 2015
Michael O. Johnson, chairman and CEO of Herbalife, wrote this column in the Gazette about the rise of a new version activist investing, targeting companies such as Herbalife. About 220 years ago, two dozen stockbrokers ...
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Herbalife Launches Second Attack On Bill Ackman
September 11, 2015
Fox Business Reports: Herbalife, (HLF) the embattled nutritional supplements company, has released its second attack-video against its chief nemesis, Bill Ackman, accusing the hedge fund billionaire of enriching himself through activist campaigns that lead to massive ...
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Herbalife Beating Wall Street Odds In 2nd Quarter
August 7, 2015
USA Today reports: Shares of Herbalife shot up more than 7% in late trading Wednesday after the energy drink company posted better-than-expected financial results for the second quarter. Herbalife, which has been waging an ugly battle with billionaire Bill Ackman over the ...
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Herbalife Retaliates With A Website Attacking Bill Ackman
June 2, 2015
Herbalife Ltd. went on the attack against nemesis Bill Ackman on Monday, debuting a website that paints the billionaire hedge fund manager as an irresponsible opportunist. Therealbillackman.com includes media reports about legal probes into his anti-Herbalife ...
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Herbalife Reports Quarterly Revenue At $1.11 Billion – Beating Wall Streets Expectations
May 6, 2015
Nathan Vardi at Forbes reports: Herbalife , the controversial nutritional supplements seller, delivered a blow to its adversaries on Tuesday by reporting first-quarter earnings that suggested its business model was not as broken as some had ...
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Herbalife Contacted By Law Enforcement Agencies
April 13, 2015
Federal law enforcement agencies recently contacted several Herbalife members for information about their own business practices, CNBC has learned. According to sources familiar with the matter, the inquiries came last week and focused on the ...
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Herbalife Unveils Massive Public Relations Blitz In Response To Critics
March 30, 2015
LA Times reports: Amid relentless attacks on its business model, Los Angeles nutritional products company Herbalife Ltd. is firing back at its critics with its first Southern California television advertisements in more than a decade. ...
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Tables Turn: The FBI Is Investigating Bill Ackman And His Campaign Against Herbalife
March 13, 2015
The FBI and federal prosecutors are interviewing people related to hedge-fund manager Bill Ackman for potential Herbalife stock manipulation, reports The Wall Street Journal. They've asked for documents related to the stock. Neither Ackman nor his ...
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FTC Chairwoman To Join Herbalife On Stage
February 11, 2015
The NY Post reports: Federal Trade Commission Chairwoman Edith Ramirez is scheduled to share the stage at a lawyers’ conference on Thursday with an Herbalife executive — while the regulator probes the company. The move ...
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2 Year Anniversary Of $1 Billion Bet Against Herbalife: $97.4 Million Spent On Case
December 20, 2014
It’s been two years since Bill Ackman launched the billion-dollar short bet heard ’round the world. On Dec. 20, 2012, the founder of Pershing Square Capital Management LP announced his bet against the nutritional supplement company Herbalife Ltd. in a ...
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