Money and Finance
Via Market Folly:
- The Big Short War
Hedge-fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting of Herbalife stock, the price plummeted, prompting two fellow billionaires—Ackman’s...
- Activist Investor Dan Loeb Takes 8% Stake In Herbalife
Third Point's Dan Loeb has taken an eight percent stake in nutritional supplements seller Herbalife, according to a regulatory filing. This disclosure pits Loeb, who successfully took on Yahoo, against Pershing Square's Bill Ackman who shorted...
- Pershing Square's Ackman Shorts Herbalife; Stock Skids
Ackman's presentation will also be streamed live at 9:30am today, HERE. (Reuters) - Activist investor William Ackman confirmed on Wednesday that he is betting against the stock of Herbalife Ltd (HLF.N) in a move that sent shares of the weight...
- David Einhorn: Hedge Funds Are Underweight Apple
David Einhorn still loves Apple Inc. In an investor letter, Einhorn’s Greenlight Capital once again defends its Apple investment, reiterating Apple is “one of the most misunderstood stocks in the market.” Einhorn notes some critics discredit Apple’s...
- David Einhorn Tells His Side Of The Story On The Fsa's Insider Trading Fine
Prominent hedge fund manager David Einhorn, who is known for seeing problems at Lehman Brothers and publicly shorting the stock prior to the bank's demise, was fined yesterday by the U.K. Financial Services Authority. Einhorn and his fund Greenlight...
Money and Finance
Transcript of David Einhorn's Questions on Herbalife Conference Call
Via Market Folly:
Earlier today, David Einhorn of Greenlight Capital surfaced on Herbalife's (HLF) conference call. Below is a transcript of the questions the hedge fund manager asked and the company's responses. Herbalife is multi-level marketing company focused on selling weight management and nutritional supplements via 2.7 million independent distributors.
- The Big Short War
Hedge-fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting of Herbalife stock, the price plummeted, prompting two fellow billionaires—Ackman’s...
- Activist Investor Dan Loeb Takes 8% Stake In Herbalife
Third Point's Dan Loeb has taken an eight percent stake in nutritional supplements seller Herbalife, according to a regulatory filing. This disclosure pits Loeb, who successfully took on Yahoo, against Pershing Square's Bill Ackman who shorted...
- Pershing Square's Ackman Shorts Herbalife; Stock Skids
Ackman's presentation will also be streamed live at 9:30am today, HERE. (Reuters) - Activist investor William Ackman confirmed on Wednesday that he is betting against the stock of Herbalife Ltd (HLF.N) in a move that sent shares of the weight...
- David Einhorn: Hedge Funds Are Underweight Apple
David Einhorn still loves Apple Inc. In an investor letter, Einhorn’s Greenlight Capital once again defends its Apple investment, reiterating Apple is “one of the most misunderstood stocks in the market.” Einhorn notes some critics discredit Apple’s...
- David Einhorn Tells His Side Of The Story On The Fsa's Insider Trading Fine
Prominent hedge fund manager David Einhorn, who is known for seeing problems at Lehman Brothers and publicly shorting the stock prior to the bank's demise, was fined yesterday by the U.K. Financial Services Authority. Einhorn and his fund Greenlight...