David Einhorn

Rebel shareholder buying more Apple stock following buyback plans

2013-05-07 12:37:00

Just months after leading a shareholder revolt against Apple, hedge fund manager David Einhorn revealed on Tuesday that he's been buying more stock in the company.� In a conference call with investors of Greenlight Capital, Einhorn confirmed that the...

Herbalife posts record results

2013-04-29 19:20:00

Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections. The Los Angeles nutritional products company told investors Monday that earnings during the first three months of the year climbed nearly...

Herbalife effort to replace KPMG 'nearing completion,' CFO says

2013-04-30 10:24:00

Herbalife Ltd. is making progress in its search for a new accounting firm, executives said during a conference call with analysts Tuesday. The Los Angeles nutritional products company was forced to hire a new accounting firm after KPMG resigned...

Herbalife posts better-than-expected earnings, again

2013-04-29 13:44:00

Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance. The company reported earnings of $118.8 million, or $1.10 a share, up from...

Herbalife is global giant with business model in question

2013-02-25 00:00:00

Stock spotlight is a new weekly feature that will profile a notable, public company. -------------------- FOR THE RECORD: Herbalife: A caption for a photo with the Stock Spotlight column in the Feb. 25 Section A said customers were participating in an...

Greenlight Capital withdraws lawsuit against Apple

2013-03-01 10:55:00

Greenlight Capital has withdrawn its lawsuit against Apple Inc., having successfully blocked a vote on a controversial stock proposal.� The move was largely considered a formality. But it still marks the end of a brief but unusual public dust-up between...

Apple shareholders back management, board at annual meeting

2013-02-27 12:08:00

CUPERTINO, Calif. --�There was little of the expected fireworks at Apple's annual meeting Wednesday as shareholders overwhelming reelected all board members and backed the company's position on several proposed changes to Apple's bylaws. However,...

Judge blocks Apple vote on controversial stock measure [Updated]

2013-02-22 14:02:00

A New York federal judge on Friday blocked Apple's plan to hold a vote next week to change the way it issues a special class of stock.� The decision was a victory for David Einhorn of Greenlight Capital, a dissident shareholder who has been lobbying...

Judge delays ruling in Apple shareholder case

2013-02-19 15:05:00

A federal judge on Tuesday declined to make a quick ruling on an investor's request to block a vote at Apple's annual shareholder meeting next week.� Greenlight Capital has objected to a measure on Apple's proxy that would change the rules for issuing a...

In Apple lawsuit, Greenlight claims shareholder revolt is growing

2013-02-15 15:51:00

Dissident shareholder Greenlight Capital claimed in a filing made Friday in its lawsuit against Apple that a growing number of investors are joining its protest against the way the company is handling its upcoming shareholder vote.� In the filing,...

Apple CEO on shareholder lawsuit: 'It's a silly sideshow'

2013-02-12 08:33:00

(This story has been updated) Apple chief executive Tim Cook�criticized a rebellious shareholder for creating a "silly sideshow" by filing a lawsuit a few weeks before the company's annual shareholder conference. "Frankly, I find it bizarre that we...

Hedge fund manager David Einhorn says he's happy with Apple's plans to buy back more of its stock and increase its dividends.

2013-02-07 00:00:00

David Einhorn of Greenlight Capital was successful in blocking a vote by Apple shareholders, so now Greenlight is withdrawing its lawsuit against the company.

2013-02-07 00:00:00