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JUL 28, 2014 - Yahoo! News

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Herbalife cuts sales outlook, shares slide 10.5 percent

(Reuters) - Herbalife Ltd, a maker of weight-loss and nutritional products, cut its sales outlook for the year after raising it three months earlier, sending its shares down 10.5 percent in extended trading. The company, which has been labeled a pyramid scheme by hedge fund manager Bill Ackman, also reported lower-than-expected quarterly profit as costs jumped. Ackman made a presentation ...

Tags: Herbalife cuts sales outlook, shares slide 10.5 percent,  Loeb Latest News

JUL 23, 2014 - TheStreet

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Bill Ackman’s 2014 Gains May Give Time to Herbalife Short

NEW YORK (TheStreet) -- Bill Ackman said on Tuesday many nutrition club trainees aren't willing to speak out against Herbalife because they were looking to recover thousands of dollars sunk in the company, even though they were lured into what Ackman describes as a sophisticated pyramid scheme. In six months, the hedge funder may find himself in a similar position, ...

Tags: Bill Ackman’s 2014 Gains May Give Time to Herbalife Short,  Loeb Latest News

JUL 23, 2014 - Business Insider

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Argentina Just Played Its Final Card ... And It Lost

Argentina had one card left to play in its battle against hedge fund creditors, and it just lost. Judge Thomas Griesa said that a New York Court would not grant Argentina a stay on payment to bondholders as it attempts to negotiate the payment of over $1.3 billion worth of bonds owed to a group of hedge fund creditors referred ...

Tags: Argentina Just Played Its Final Card ... And It Lost,  Loeb Latest News

JUL 22, 2014 - Business Insider

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Argentina Just Played Its Final Card... And It Lost

Argentina had one card to play left in its battle against hedge fund creditors, and it just lost. Judge Thomas Griesa said that a New York Court will not grant Argentina a stay on payment to bondholders as it attempts to negotiate the payment of over $1.3 billion worth of bonds owed to a group of hedge fund creditors referred ...

Tags: Argentina Just Played Its Final Card... And It Lost,  Loeb Latest News

JUL 22, 2014 - Business Insider

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Argentines Are Preparing Themselves For A Lost Year

Today a New York Judge will decide if Argentina absolutely must pay a group of hedge fund managers over $1.3 billion in bonds by July 31st, or if it can get a stay on payment until it negotiates and reaches an agreement with its holdout creditors. "The Argentine government right now is playing with a lit match and holding it ...

Tags: Argentines Are Preparing Themselves For A Lost Year,  Loeb Latest News