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1 HOUR AGO - Business Insider

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HERBALIFE CFO: We May Sue Bill Ackman

Herbalife CFO John DeSimone said they may sue hedge fund manager Bill Ackman who has been on a crusade against the company for 18 months. "We may. That's on the table. It's an option. I think our case gets stronger every day," DeSimone told Bloomberg TV's Stephanie Ruhle. Earlier today, Ackman presented a 250-plus slide presentation that he had billed ...

Tags: HERBALIFE CFO: We May Sue Bill Ackman,  Best Buy Latest News

3 HOURS AGO - TheStreet

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Visa's Stock Is Expensive and as Cold as Russia's Winter

NEW YORK (TheStreet) -- Visa reminds us in its advertisements its cards are "everywhere you want to be." Unless you are in Russia, which has been hit with U.S. and European sanctions because of its actions backing rebels in eastern Ukraine. But while Visa has over two billion branded cards in circulation accepted at 30 million global locations, investors are ...

Tags: Visa's Stock Is Expensive and as Cold as Russia's Winter,  Best Buy Latest News

3 HOURS AGO - TheStreet

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Herbalife Investors Can Look to China for a Break from Bad News

BEIJING (TheStreet) -- The city of Nanjing, China, is giving Herbalife investors good reason to stay positive despite the company's ugly dispute with hedge fund manager and investor activist Bill Ackman. The city government Tuesday announced a deal with Herbalife paving the way for the U.S. company to build "a leading, global scale production base" at the Nanjing Jiangning High-Tech ...

Tags: Herbalife Investors Can Look to China for a Break from Bad News,  Best Buy Latest News

4 HOURS AGO - TheStreet

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Why Lennar (LEN) Stock Is Rising Today

NEW YORK (TheStreet) -- Lennar shares are up 1.4% to $39.31 on Tuesday following a report that showed that existing home sales rose for the third consecutive month in June, according to the National Association of Realtors.Completed transactions of single family homes, town homes, co-ops, and condos increased 2.6% to 5.04 million units in June, according to the report.June was the ...

Tags: Why Lennar (LEN) Stock Is Rising Today,  Best Buy Latest News

4 HOURS AGO - TheStreet

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Why Herbalife (HLF) Stock Continues to Soar Today

NEW YORK (TheStreet) -- Shares of Herbalife  are soaring 24.60% to $67.31 on very heavy trading, more than 14 times the average volume, after hedge fund manager Bill Ackman's presentation on the investigation of the nutrition company this morning disappointed investors after he told CNBC he would expose Herbalife as an "incredible fraud" and deal the company a "death blow."An Herbalife spokesman on ...

Tags: Why Herbalife (HLF) Stock Continues to Soar Today,  Best Buy Latest News