Throughout this ten-part series, I have looked at the life and times of Carl Icahn, how he started on Wall Street, his most famous and infamous trades, his transition from stockbroker to corporate raider to activist investor and his activities […]
This recording was from the film’s premiere at at the Tribeca Film Festival on April 14th, 2016. Allegations of corporate criminality and Wall Street vendettas swirl throughout this riveting financial docu-thriller. Controversial hedge fund titan Bill Ackman is on a […]
Interesting segment from John Oliver on why he thinks the MLM industry is bad (to put it nicely) and specifically calls out everyone’s favorite or hated MLM specifically, Herbalife LTD. (NYSE:HLF) – we believe in general although he is entertaining […]
Herbalife Ltd. (NYSE:HLF) released its third quarter earnings report tonight after closing bell, posting adjusted earnings of $1.21 per share on $1.1 billion in net sales. Analysts had been expecting adjusted earnings of $1.09 per share on $1.14 billion in […]
Today, Edith Ramirez is speaking to the DSA and calling for reforms to the entire MLM industry following the HLF ruling: https://www.ftc.gov/system/files/documents/public_statements/993473/ramirez_-_dsa_speech_10-25-16.pdf. She uses her remarks to outline the two main areas where MLM members continue to damage the direct […]
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Billionaire investor Carl Icahn rejected any assertion Tuesday that he is backed into a corner on troubled nutritional supplement company Herbalife. In fact, he said it’s his long-time rival, Bill Ackman, who has the far more tenuous position. “If anyone […]