Herbalife Plans a “Very Scripted” Call, Ackman Plans to Preempt

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Herbalife Plans a “Very Scripted” Call, Ackman Plans to Preempt
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Herbalife Plans a "Very Scripted" Call, Ackman Plans to Preempt

Herbalife Ltd. (NYSE:HLF) is planning a very carefully scripted conference call with investors tomorrow, according to FOX Business Network (FBN) Senior Correspondent Charlie Gasparino. Gasparino also reports that sources close to Pershing Square CEO Bill Ackman say to watch for Ackman “putting out a statement tomorrow morning to sort of upset [Herbalife’s] little party.”

Video and excerpts from the report below:

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On what to expect from Herbalife’s earnings call tomorrow:

“Herbalife Ltd. (NYSE:HLF) is planning a very carefully scripted conference call with investors tomorrow. Michael Johnson, the CEO of Herbalife, will be on the call, it will be heavily scripted, they want to keep him on message. The body language coming out of company officials is that they’re going to announce pretty good earnings after the bell. We know that [Pershing Square CEO] Bill Ackman is going to scour that $10K, that’s the report, he’s going to look at it and check it out for any inconsistencies. Sources close to Bill Ackman tell the Fox Business Network to watch for him putting out a statement tomorrow morning to sort of upset their little party when Mr. Johnson talks to analysts.”

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