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Dell's earnings fall 79% as PC sales sag
ROUND ROCK, Texas — Dell Inc.'s earnings plunged 79% in the latest quarter as the shift to smartphones and tablets reduced demand for the company's personal computers. The dismal performance announced Thursday might work to the advantage of Dell'...Tags: Computing and Information Technology Industry, Leveraged Buyouts, Economy, Business and Finance, Shareholders, Michael S. Dell
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Icahn joins key shareholder to challenge Dell
One of the biggest critics of Michael Dell's plan to take the company he founded private has launched a fresh challenge to that $24.4-billion bid and says the slumping PC maker needs new leadership. Billionaire investor Carl Icahn has teamed up with...Tags: Leveraged Buyouts, Politics, Companies and Corporations, Michael S. Dell, CNBC (tv network)
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Herbalife shares rise above price when Ackman made allegations
Herbalife Ltd. shares gained 4% and traded part of Monday above the price they were when hedge fund manager Bill Ackman first accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company's stock price...
Tags: Fraud, Corporate Crime, Marketing, Mutual Funds, Herbalife Limited
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Herbalife shares surge past price when Ackman made allegations
Herbalife Ltd. shares were up more than 5% Monday and had passed the price they  were when hedge fund manager Bill Ackman accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company’s stock price...Tags: Mutual Funds, Herbalife Limited
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Herbalife raises estimate of legal costs amid pyramid allegations
Herbalife Ltd. said its feud with billionaire hedge fund manager Bill Ackman has been more costly than it anticipated, prompting speculation that the company is bracing for potential government investigations. The Los Angeles nutritional products...
Tags: Prosecution, Sales, Crime, Law and Justice, Business, Corporate Crime
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Herbalife says KPMG's resignation hindered stock buybacks
Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...
Tags: Insider Trading, Fraud, Business Enterprises, Economy, Business and Finance, Corporate Crime
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Herbalife posts record results
Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections. The Los Angeles nutritional products company told investors Monday that earnings during the first three months of the year climbed nearly...
Tags: Earnings, Insider Trading, David Einhorn, Business Enterprises, Corporate Crime
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Herbalife effort to replace KPMG 'nearing completion,' CFO says
Herbalife Ltd. is making progress in its search for a new accounting firm, executives said during a conference call with analysts Tuesday. The Los Angeles nutritional products company was forced to hire a new accounting firm after KPMG resigned...
Tags: Fraud, Insider Trading, David Einhorn, Business Enterprises, Economy, Business and Finance
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Herbalife posts better-than-expected earnings, again
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance. The company reported earnings of $118.8 million, or $1.10 a share, up from...
Tags: Earnings, Insider Trading, David Einhorn, Corporate Crime, Companies and Corporations
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Herbalife investors meet -- briefly
Herbalife would seem to have a lot to talk about with its investors, but you'd never know it from Thursday's annual shareholder meeting in Beverly Hills. It lasted less than 15 minutes. Executives didn't address claims raised by hedge fund manager...
Tags: Annual and Special Corporate Meetings, Insider Trading, Fraud, Economy, Business and Finance, Shareholders
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Herbalife to reassure investors
Herbalife Ltd., battling a billionaire investor's bet that its stock will tank, is expected to reassure shareholders at the company's annual meeting Thursday that the Los Angeles nutritional products maker is a strong, healthy, legitimate operation. The...
Tags: Stock Market, Business Enterprises, Sales, Crime, Law and Justice, Business
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Herbalife is rocked by new crisis
This was the last thing Herbalife Ltd. needed. Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....
Tags: Stock Market, Skechers USA Incorporated, Accounting and Auditing, Mutual Funds, Financial Markets
May 16, 2013
|Story| AP Member Choice Complete
May 10, 2013
|Story| AP Member Choice Complete
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
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May 3, 2013
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May 1, 2013
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Apr 29, 2013
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Apr 30, 2013
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Apr 29, 2013
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Apr 26, 2013
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Apr 25, 2013
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Apr 10, 2013
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