Author: Paul Shea

Herbalife Ltd. (HLF) Earnings Miss, Shares Down 7%

Herbalife Ltd. (NYSE:HLF) Released its earnings numbers for the three months through June this afternoon after the market closed on Wall Street. The nutritional supplement seller showed earnings per share of $1.55 for the quarter, which the company recorded as […]

Facebook Inc (FB) Hits Mega-Cap, Is Dow Jones Calling?

Facebook Inc (FB) Hits Mega-Cap, Is Dow Jones Calling?

The Dow Jones Industrial Average (INDEXDJX:.DJI) is performing well so far this year, with new highs a regular occurrence. The index is, despite a big shake-up last year, still underperforming the S&P 500 (INDEXSP:.INX) and that’s a cause for concern for those […]

Mannkind Corporation (MNKD) Sinks As Biotech Has Rough Day

Mannkind Corporation (MNKD) Sinks As Biotech Has Rough Day

MannKind Corporation (NASDAQ:MNKD) stock was falling on Monday’s market after a report on the company suggested that the diabetes drug it has in development is “overhyped.” The report, which first came to light last Friday, was published by hedge fund Tourbillon Capital […]

Ireland Allows Hedge Funds To Lend Across Borders

Ireland Allows Hedge Funds To Lend Across Borders

The Central Bank of Ireland is implementing new rules that would allow hedge funds to lend money to companies across international boundaries. The new rules are part of a Europe-wide effort to increase the supply of credit in a continent […]