Monthly Archives: July 2013

Billionaire investor Soros takes long position in Herbalife – Reuters

Billionaire investor Soros takes long position in HerbalifeReutersNEW YORK (Reuters) – Billionaire investor George Soros has taken a large long position in the stock of nutritional supplement company Herbalife Ltd, a source familiar with the matter said on Wednesday. The … Continue reading

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Ackman’s fund sitting on growing losses on Herbalife bet – Reuters

Ackman's fund sitting on growing losses on Herbalife betReutersBOSTON/NEW YORK (Reuters) – Herbalife's surging stock price may be causing hedge fund manager William Ackman gastrointestinal pain now that he is nursing $300 million in losses due to his billion dollar … Continue reading

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Bill Ackman’s Herbalife Nightmare Gets 100 Percent Worse – Forbes

Bill Ackman's Herbalife Nightmare Gets 100 Percent WorseForbesSeven months ago, billionaire hedge fund manager William Ackman stood on a New York City stage at an unorthodox event that he had organized and declared that Herbalife's stock was going to collapse … Continue reading

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Ackman Attacks Herbalife Again With Laundry List of Doubt – Bloomberg

Bloomberg Ackman Attacks Herbalife Again With Laundry List of DoubtBloombergBill Ackman continued his assault on Herbalife Ltd. (HLF) after the company reported second-quarter results, questioning everything from its accounting of Venezuelan exchange rates to rising expenses. Just after U.S. markets … Continue reading

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George Soros Takes A Stake In Herbalife, And The Stock Is Exploding – Business Insider

Business Insider George Soros Takes A Stake In Herbalife, And The Stock Is ExplodingBusiness InsiderCNBC's Scott Wapner breaks the news that legendary hedge fund manager George Soros has taken a long position in Herbalife, according to sources familiar. According to … Continue reading

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Losing Money on Herbalife, Ackman Is Defiant – New York Times

Losing Money on Herbalife, Ackman Is DefiantNew York TimesThe hedge fund manager William A. Ackman has taken a beating over his $1 billion bet that Herbalife, the nutritional supplements company, is a fraud. But Mr. Ackman is refusing to back … Continue reading

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Despite Surge, Guru ETFs Still Ignoring Herbalife – MarketWatch

Despite Surge, Guru ETFs Still Ignoring HerbalifeMarketWatchDespite the intense level of hedge fund involvement in the stock, Herbalife, a pair of ETFs designed to give investors exposure to stocks widely held by hedge funds still do not count the stock … Continue reading

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Why Herbalife Ltd. Shares Popped Today – Motley Fool

Why Herbalife Ltd. Shares Popped TodayMotley FoolSo what: There's been a big battle between hedge fund managers Bill Ackman and Carl Icahn over Herbalife, and now it appears that the legendary George Soros is joining the fray. CNBC reported that … Continue reading

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Herbalife is Ackman’s ‘vendetta’: Chapman – CNBC.com

Herbalife is Ackman's 'vendetta': ChapmanCNBC.comBill Ackman is risking his investors' money on a "vendetta" with his $1 billion short position in Herbalife, Robert Chapman of Chapman Capital said Wednesday on CNBC. "I am confident that as long as Pershing Square's … Continue reading

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Herbalife wraps up ‘best quarter ever’ – CNN

Herbalife wraps up 'best quarter ever'CNNHerbalife addressed the concerns of one of its loudest critics on a conference call, following what management deemed the best quarter ever for the nutritional supplement company. Shares of Herbalife (HLF) were up 1.5% Tuesday … Continue reading

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