| Aug 27, 2014
A battle has recently been waged by a Wall Street executive against a company that has helped me — and hundreds of thousands of others nationwide — maintain a healthy lifestyle. Herbalife.
This Wall Street executive, Bill Ackman, is telling...
| Aug 19, 2014
| 12:04 PM
Every Sunday at 9:30 a.m., Kelly Cardona can be found at Enfield's Brainerd Park leading a workout group.
Cardona, 36, of Enfield, calls it "Fit Camp With Kelly," and it's free.
One of Cardona three jobs is as a health coach for Herbalife, the global...
| Aug 14, 2014
| 5:17 PM
Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, has sued the U.S. government, claiming that its stripping of Fannie Mae's and Freddie Mac's profit illegally short changes investors in the mortgage companies' common stock....
| Aug 12, 2014
| 8:54 AM
LONDON (Reuters) - Fund managers are increasingly turning to investigative tactics, detailed accounting analysis and corporate sleuthing in a bid to uncover skeletons in company closets that can offer an investment edge in a low-yield world.
| Aug 4, 2014
| 12:52 PM
BOSTON (Reuters) - Billionaire investor William Ackman's Pershing Square Holdings has risen 27.2 percent this year, according to an investor in the fund, after extending its gains modestly last month when many hedge fund managers suffered losses.
| Jul 22, 2014
| 8:32 AM
Herbalife Ltd. shares rebounded as much as 10 percent, as hedge-fund manager Bill Ackman struggled to convince investors that the seller of weight-loss shakes is guilty of fraud.
Speaking during what he's billed as the most important presentation of his...
| Jul 22, 2014
| 10:32 AM
Longtime Herbalife Ltd. critic Bill Ackman leveled new allegations against the company, saying training programs for its prospective sales people are misleading and violate labor laws.
But investors seemed unimpressed, driving shares of the Los...
| Jul 19, 2014
| 8:00 AM
Peter Horton, the television actor who played Gary on "Thirtysomething," stood at the defendant's table in a Santa Monica courtroom and told the judge why he'd skipped his trial for allegedly failing to stop for a school bus boarding children.
| Jul 21, 2014
| 1:26 PM
Herbalife Ltd. shares plunged more than 10% after hedge fund manager Bill Ackman said he has new evidence of illegal activity at the Los Angeles nutritional products company.
Ackman said he will share the evidence at a presentation in New York on...
| Jul 30, 2014
| 11:52 AM
Via Erik Loomis comes this report of a university engaging, not to put too fine a point on it, in the world's oldest profession.
The case involves Arizona State University, which on Tuesday posted a job for an assistant professor in the history of...
| Jul 28, 2014
| 6:55 PM
Los Angeles nutritional products company Herbalife reported a lower-than-expected profit for the second quarter and investors hammered its stock in after-hours trading.
Excluding one-time expenses, such as the cost of its aggressive defense against...
| Jul 28, 2014
| 2:26 PM
Los Angeles nutritional products company Herbalife Ltd. reported record sales of $1.3 billion for the second quarter but profits declined and the stock was down 10% in after-hours trading.
Herbalife said it reported $119.5 million of profit for the...