Herbalife Limited

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...

Jeweler agrees to plead guilty in KPMG insider-trading case

2013-05-07 00:00:00

A San Fernando Valley jeweler agreed to plead guilty to a conspiracy charge and return nearly $1.3 million in stock-trading gains he made from allegedly illegal tips provided by a former partner at accounting giant KPMG. Bryan Shaw, 52, of Lake Sherwood...

Herbalife shares rise above price when Ackman made allegations

2013-05-07 00:00:00

Herbalife Ltd. shares gained 4% and traded part of Monday above the price they were when hedge fund manager Bill Ackman first accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company's stock price...

Herbalife shares surge past price when Ackman made allegations

2013-05-06 11:53:00

Herbalife Ltd. shares were up more than 5% Monday and had passed the price they �were when hedge fund manager Bill Ackman accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company’s stock price...

Jeweler agrees to plead guilty in KPMG insider-trading case

2013-05-06 14:30:00

A San Fernando Valley jeweler has agreed to plead guilty to conspiracy for allegedly making illegal stock trades based on inside information given to him by a KPMG partner. Bryan Shaw, 52, of Lake Sherwood admitted in a plea agreement that he...

Herbalife raises estimate of legal costs amid pyramid allegations

2013-05-03 17:29:00

Herbalife Ltd. said its feud with billionaire hedge fund manager Bill Ackman has been more costly than it anticipated, prompting speculation that the company is bracing for potential government investigations. The Los Angeles nutritional products...

Herbalife getting personal with Ackman, notes J.C. Penney 'disaster'

2013-05-03 15:54:00

Things are starting to get personal in the battle between hedge fund manager Bill Ackman and Herbalife Ltd., the Los Angeles nutritional products company he’s accused of operating a long-running pyramid scheme. Herbalife spokeswoman Barbara...

Herbalife says KPMG's resignation hindered stock buybacks

2013-05-01 00:00:00

Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...

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...

Skechers shares resume trading amid KPMG insider trading probe

2013-04-09 10:09:00

Trading in shares of Skechers USA Inc. has resumed after being halted earlier Tuesday morning following KPMG’s resignation as the footwear company’s auditor. KPMG, which fired a senior partner in its Los Angeles office amid allegations of...

Imported cucumbers sicken 73 people in 18 states with salmonella

2013-04-25 16:21:00

More than 70 people in 18 states have fallen ill because of a salmonella outbreak linked to imported Mexican cucumbers, the Centers for Disease Control and Prevention said Thursday. The agency said 14 people have been hospitalized, and it is working...

Herbalife shares were up more than 5% in early trading Monday.

2013-05-06 14:36:00

Herbalife denies hedge fund manager's allegations that it is a pyramid scheme.

2013-05-03 00:00:00

Troubled nutritional supplement company held a shareholders' meeting that lasted only about 14 minutes.

2013-04-25 09:56:27