Herbalife

Herbalife hires PricewaterhouseCoopers as its new auditor

Wed, 22 May 2013 02:04:29 GMT

Source: www.latimes.com --- Tuesday, May 21, 2013
Nutritional products firm Herbalife says new auditor PwC would begin 'immediately' to re-audit its financial statements for 2010, 2011 and 2012. Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor. ...

Long Setup in Herbalife Still Attractive; Stock Breaks Out as New Auditor Hired

Tue, 21 May 2013 21:21:27 GMT

Source: www.benzinga.com --- Tuesday, May 21, 2013
Few stocks have attracted more news over the last six months than nutritional supplement maker Herbalife (NYSE: HLF ). Even casual market observers are aware of the circumstances surrounding the the initial bout of extreme volatility in the name back in December 2012. The shares went into free-fall at the end of the year after hedge fund manager Bill Ackman revealed in typical sanctimonious fashion that his firm Pershing Square Capital Management was short around $1 billion worth of the stock. Amid much pomp and circumstance, Ackman laid out his short thesis at a New York investment conference and immediately made the rounds in the financial media. The noted investor called the multi-level marketing company's business model a "pyramid scheme" and boldly proclaimed that his price target for the stock was "$0." The way that the Pershing Square founder went about attacking Herbalife sure made it seem like he was trying to inflict maximum damage to the company in a very short period of time. While Ackman's strategy was initially brutally effective, it quickly backfired on him. Herbalife shares swan-dived from above $42 on December 18, the day before the hedge fund manager's presentation, to a low of roughly $26 by Christmas Eve. The news caused the heaviest high-volume selling in Herbalife's history as a publicly traded company. The stock bounced back nearly as quickly as it plunged, however, as numerous other investors and market ob ...

Herbalife hires PricewaterhouseCoopers as auditor

Tue, 21 May 2013 20:59:26 GMT

Source: www.bizjournals.com --- Tuesday, May 21, 2013
Nutritional products company Herbalife Ltd. has selected PricewaterhouseCoopers LLP as the company’s independent auditors. The move to hire PwC comes about a month after the company’s former independent accountant, KPMG LLP, resigned due to the alleged insider trading of Herbalife’s securities by one of KPMG’s former partners. PwC is expected to immediately begin work to re-audit the company’s consolidated financial statements for the fiscal years ended Dec. 31 of 2010, 2011 and 2012.… ...

Herbalife hires PwC as new auditor, shares up

Tue, 21 May 2013 20:11:59 GMT

Source: www.reuters.com --- Tuesday, May 21, 2013
(Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. ...

Herbalife hires new auditors

Tue, 21 May 2013 20:00:44 GMT

Source: money.cnn.com --- Tuesday, May 21, 2013
Herbalife announced Tuesday that it has hired PricewaterhouseCoopers as its new auditor. ...

Herbalife chooses PricewaterhouseCoopers as new auditor

Tue, 21 May 2013 17:27:00 GMT

Source: www.latimes.com --- Tuesday, May 21, 2013
Herbalife Ltd. has chosen PricewaterhouseCoopers as its independent auditor, ending a nearly two-month effort to replace KPMG, which resigned after a senior partner was accused of insider trading. ...

Herbalife soars. Get Bill Ackman a vitamin?

Tue, 21 May 2013 17:10:01 GMT

Source: money.cnn.com --- Tuesday, May 21, 2013
Hedge fund manager Bill Ackman has shorted the nutritional supplement company because he thinks it's a pyramid scheme. But Herbalife's stock is on fire this year. Oops? ...

Herbalife Hires PWC As New Accountant; Will Reaudit 2010, 2011 And 2012

Tue, 21 May 2013 16:13:44 GMT

Source: www.zerohedge.com --- Tuesday, May 21, 2013
Following the dismissal of KPMG over insider trading 'issues', Herbalife has just announced it will be hiring PricewaterhouseCoopers as their new auditor: *Herbalife HIRES PRICEWATERHOUSECOOPERS :HLF US *Herbalife SAYS PWC TO RE-AUDIT FY10, FY11, FY12 :HLF US Indications point to a modest rise from the pre-halt close of $49.87. Full Press Release below: Herbalife Engages PricewaterhouseCoopers LLP As Auditors May 21, 2013, LOS ANGELES—(BUSINESS WIRE)— Herbalife Ltd. (NYSE:HLF), today filed a Form 8-K indicating that the Audit Committee of its Board of Directors has engaged PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent auditors. PwC will commence work immediately to re-audit the Company’s consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012. PwC will also review the Company’s condensed consolidated financial statements for the first quarter of 2013. The engagement of PwC was made after an extensive evaluation process by the Company’s Audit Committee. As previously announced, the change in auditors was the result of KPMG LLP’s (“KPMG”) resignation as Herbalife’s independent auditors, due to the impairment of KPMG’s independence resulting from its now former partner’s alleged unlawful activities. As stated by KPMG, their resignation was not related to Herbalife’s financial statements, its accounting practices, the integrity of Herbalife’s management, or for any other rea ...

Carl Icahn And Herbalife Are Crushing Bill Ackman

Tue, 21 May 2013 15:30:35 GMT

Source: www.forbes.com --- Tuesday, May 21, 2013
For five months, billionaire hedge fund investor William Ackman has been conducting a high-profile short promotion against Herbalife, calling the nutritional supplements seller a pyramid scheme and betting heavily that its stock would fall. As recently as Monday, Ackman’s public relations machine was email blasting a Hispanic Federation letter urging the Federal Trade Commission to conduct an investigation into Herbalife’s alleged targeting of Latinos. ...

Has anyone tried Herbalife or b12 with lipotrophics for weight loss?

Tue, 21 May 2013 14:58:55 GMT

Source: caloriecount.about.com --- Tuesday, May 21, 2013
I was just wondering if anyone has had any su cess with these products? ...

The Hispanic Federation Wants The FTC To Investigate Herbalife

Tue, 21 May 2013 14:16:45 GMT

Source: www.businessinsider.com --- Tuesday, May 21, 2013
The Hispanic Federation sent a letter to the Federal Trade Commission on Friday requesting that the regulator investigate Herbalife, a multi-level marketing firm that sells nutrition products. "It's our understanding that the company's marketing materials promise richness for a few hours of work from home. You can imagine for immigrants, particularly those who are underemployed or have no papers, this promise can seem like their ticket to achieving the American Dream," the Hispanic Federation's letter states. Herbalife is the stock that hedge fund manager Bill Ackman , who runs Pershing Square , is publicly shorting. Ackman believes the company is a pyramid scheme and that the FTC will be induced to investigate the company. "If the FTC misses Herbalife, it's the equivalent of the SEC missing Madoff," Ackman said during a conference earlier this year. Here's the letter (Click to enlarge): Please follow Clusterstock on Twitter and Facebook . Join the conversation about this story » ...

Herbalife Hosts 3rd Annual Mother's Day Luncheon for Women at Hope Gardens Family Center

Mon, 20 May 2013 11:58:45 GMT

Source: www.mlm.com --- Monday, May 20, 2013
Global nutrition company, Herbalife (NYSE: HLF), recently hosted a special Mother's Day luncheon at Hope Gardens Family Center, a ministry of Union Rescue Mission that offers transitional housing for mothers and children in Sylmar, California. ...

Chinese Taipei - Taichung team captures Herbalife Cup - IBAF 12U

Thu, 16 May 2013 05:43:26 GMT

Source: www.ibaf.org --- Wednesday, May 15, 2013
By Jason Pan, Special IBAF Correspondent, Chinese Taipei ...

Third Point’s Loeb Buys Apple Calls, Ditches Herbalife, Morgan Stanley

Wed, 15 May 2013 20:53:40 GMT

Source: blogs.barrons.com --- Wednesday, May 15, 2013
Third Point LLCâs latest 13F filing, made public after Wednesdayâs close, shows that manager Dan Loeb bought 25,000 Apple (AAPL) call options in the first quarter. The filing doesnât reveal more details. The last round of 13F filings, in February, showed Loeb had sold his entire Apple holding during the fourth quarter of 2012. Loeb [...] ...

Loeb's Third Point Wipes Out Herbalife Stake

Wed, 15 May 2013 20:27:24 GMT

Source: www.foxbusiness.com --- Wednesday, May 15, 2013
Billionaire hedge fund manager Daniel Loeb confirmed he sold off his entire 8% stake in Herbalife, the controversial nutrition company. ...

Herbalife Announces That It Is to Continue as Official Nutrition Advisor to the American Youth Soccer Organization

Tue, 14 May 2013 22:51:55 GMT

Source: www.businesswire.com --- Tuesday, May 14, 2013
LOS ANGELES--(BUSINESS WIRE)--Herbalife extends its agreement as nutrition sponsor to AYSO and will continue to provide nutrition information and education to players and their families ...

Herbalife Announces That It Is to Continue as Official Nutrition Advisor to … – Wall Street Journal (press release)

Tue, 14 May 2013 22:13:00 GMT

Source: lowjoule.com --- Tuesday, May 14, 2013
Herbalife Announces That It Is to Continue as Official Nutrition Advisor to … Wall Street Journal (press release) Global nutrition company, Herbalife (NYSE: HLF), has announced that it will continue as Official Nutrition Advisor to the American Youth Soccer Organization (AYSO). This one year agreement continues a relationship with the country's leading youth … and more » ...

Herbalife pens first professional rugby contract

Tue, 14 May 2013 12:27:46 GMT

Source: www.sportspromedia.com --- Tuesday, May 14, 2013
The UK arm of global nutrition brand Herbalife has agreed a sponsorship deal with Swansea-based RaboDirect Pro12 rugby union team Ospreys. ...

El Herbalife Gran Canaria ficha a Chamberlain Oguchi

Mon, 13 May 2013 11:43:13 GMT

Source: www.zonadostres.com --- Monday, May 13, 2013
El escolta de 1’98 nacido en Houston (Texas) hace 29 años con nacionalidad nigeriana proviene del Spartak Primorie Vladivostok, donde fue fichado en enero y promedió 15 puntos en nueve partidos con el equipo ruso. Internacional con Nigeria desde 2005, donde destaca su última presencia en los JJ.OO de Londres, disputando cinco encuentros con una media de 12 puntos y 42% en triples. Su mejor encuentro fue ante Francia, en el cual anotó 35 puntos con ocho triples encestados. Chamberlain Oguchi jugará hasta final de temporada en el Granca Oguchi se incorporará en los próximos días a la disciplina amarilla hasta final de temporada. TRAYECTORIA: 2005-2006: Oregon (NCAA): 32 partidos: 9.6 puntos, 2.3 rebotes, 1.3 asistencias 2006-2007: Oregon (NCAA): 32 partidos: 4.8 puntos, 1.7 rebotes 2008-2009: Illinois St. (NCAA): 34 partidos: 15.2 puntos, 5.4 rebotes, 1.3 asistencias 2009-2010: STB Le Havre (Francia): 29 partidos: 7.6 puntos, 1.8 rebotes 2010-2011: Maine Red Claws (D-League): 32 partidos: 10.2 puntos, 3.2 rebotes, 1.5 asistencias 2011-2012: Hoops Club (Líbano): 11 partidos: 23.3 puntos, 7.9 rebotes, 4.6 asistencias, 2011-12: Duhok (Iraq): 4 partidos: 20.5 puntos, 5.0 rebotes, 2.8 asistencias, 2012: Panteras de Miranda (Venezuela): 21 partidos: 13.0 puntos, 2.1 rebotes, 1.6 asistencias 2012-2013: Maine Red Claws (D-League): 24 partidos: 9.0 puntos, 2.3 rebotes, 1.4 asistencias 2013: Spartak Primorie Vladivostok (Rusia): 9 partidos: ...