| Dec 17, 2013
| 8:57 AM
This year, even bad news has ended up boosting Herbalife Ltd. stock.
The latest example is the company's accounting difficulties. KPMG resigned as Herbalife's auditor in April after one of its partners admitted to an insider-trading scheme involving the...
| Sep 6, 2013
| 5:59 AM
WASHINGTON -- The economy added 169,000 net new jobs last month and the unemployment rate ticked down to a near post-Great Recession low of 7.3%, its lowest level since the end of 2008, the Labor Department said Friday.
The job growth in August was...
| Feb 3, 2014
| 4:20 PM
Herbalife Ltd. boosted its share buyback 50% to $1.5 billion and announced a $1-billion sale of convertible bonds.
Fourth-quarter earnings were probably $1.26 to $1.30 a share based on preliminary results, excluding some items, the Los Angeles company...
| Feb 18, 2014
| 6:40 PM
Herbalife Ltd., the nutrition company that hedge fund manager Bill Ackman has accused of being a pyramid scheme, said fourth-quarter profit rose 10% and boosted its forecast as sales gained in China.
Net income increased to $123.5 million, or $1.15 a...
| Oct 23, 2013
| 2:22 PM
It looks like former Los Angeles Mayor Antonio Villaraigosa, who we heard was intent on keeping his political options open when he left City Hall this summer -- a run for governor was mentioned -- has instead decided to go for the money.
The question is...
| Dec 3, 2013
| 4:56 PM
Herbalife Ltd. said a Belgian appeals court has overturned a lower-court finding that the Los Angeles nutritional products company operated an unlawful pyramid scheme.
Critics of the company had pointed to the lower-court ruling in Belgium two years ago...
| Dec 11, 2013
| 4:32 PM
Darcy LaPier interview on Rodeo Girls, a new series that goes inside the world of barrel racing following five female racers. Rodeo Girls has a two-part series premiere Wednesday, Dec. 11 at 11pm ET/PT and Thursday, Dec. 12 at 10pm ET/PT. “I’...
| Dec 18, 2013
A year ago, activist investor Bill Ackman rocked Wall Street with a $1-billion bet that shares of Herbalife Ltd., the Los Angeles seller of weight-loss and nutrition products, would slide to zero.
Herbalife was a "pyramid scheme," bound to be undone...
| Dec 18, 2013
| 11:55 AM
Followers of Herbalife, the Los Angeles peddler of nutritional supplements, know it's actually two stories rolled into one.
One is the story of how a company with a questionable business model, overhyped products, and an almost invisible research and...
| Dec 27, 2013
| 5:27 PM
Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus.
Instead, we're on track for a...
| Jan 7, 2014
| 6:00 AM
Former Los Angeles Mayor Antonio Villaraigosa has joined Spanish-language broadcaster Estrella TV as a senior advisor to help the 4-year-old television network gain traction.
The network, based in Burbank, is banking on Villaraigosa to give it greater...
| Jan 23, 2014
| 1:05 PM
Activist investor Carl Icahn turned up the pressure on Apple on Thursday by announcing that he'd bought an additional $500 million worth of stock in the company.
Icahn also filed an official letter outlining the reasons he believes Apple should...