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    Apr 9, 2013 |Story| Los Angeles Times
  1. Herbalife says KPMG 'concluded it was not independent' as auditor

    KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme.
    This post has been corrected. See note at the bottom for details.
    KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme. "KPMG stated it had concluded it was not independent because of alleged insider trading in...

    Tags: Mary Jo White, Herbalife Limited, Corporate Crime, Insider Trading, Fraud

  2. Mar 11, 2013 |Story| Los Angeles Times
  3. Dell stock rises as company agrees to show books to Carl Icahn

    Dell Inc. saw its stock jump 1.26% in midday trading on Monday after the company reached an agreement to let shareholder activist Carl Icahn see its books. 
    Dell Inc. saw its stock jump 1.26% in midday trading on Monday after the company reached an agreement to let shareholder activist Carl Icahn see its books.  Icahn Enterprises disclosed that it had signed a confidentiality agreement with Dell that will...

    Tags: Economy, Business and Finance, Companies and Corporations, Dell Inc., Leveraged Buyouts, Michael S. Dell

  4. Feb 25, 2013 |Story| Los Angeles Times
  5. Herbalife is global giant with business model in question

    Stock spotlight is a new weekly feature that will profile a notable, public company.
    Stock spotlight is a new weekly feature that will profile a notable, public company. -------------------- FOR THE RECORD: Herbalife: A caption for a photo with the Stock Spotlight column in the Feb. 25 Section A said customers were participating in an...

    Tags: U.S. Securities and Exchange Commission, Herbalife Limited, Sales, Prices, Mutual Funds

  6. Feb 28, 2013 |Story| Los Angeles Times
  7. Herbalife gives Icahn two seats on board, shares increase

    Herbalife Ltd. announced an agreement with billionaire investor Carl Icahn, who owns more than 13% of Herbalife's stock, that will allow him to add two members to its board and give him the right to increase his holdings to one-quarter of the company’s shares.
    Herbalife Ltd. announced an agreement with billionaire investor Carl Icahn, who owns more than 13% of Herbalife's stock, that will allow him to add two members to its board and give him the right to increase his holdings to one-quarter of the company&...

    Tags: U.S. Securities and Exchange Commission, Herbalife Limited, Mutual Funds

  8. Feb 20, 2013 |Story| Los Angeles Times
  9. Herbalife CEO confirms discussions with investor Carl Icahn

    Herbalife Ltd. Chief Executive Michael Johnson said the company has had "short discussions" with billionaire investor Carl Icahn, who last week disclosed that he had purchased 13% of the company's stock and would consider efforts to take the company private.
    Herbalife Ltd. Chief Executive Michael Johnson said the company has had "short discussions" with billionaire investor Carl Icahn, who last week disclosed that he had purchased 13% of the company's stock and would consider efforts to take the company...

    Tags: U.S. Securities and Exchange Commission, Herbalife Limited, Mutual Funds

  10. Feb 20, 2013 |Story| Los Angeles Times
  11. Bill Ackman says he was silenced in Herbalife conference call

    One voice that was not heard during Herbalife Ltd.'s conference call with analysts Wednesday morning was hedge fund manager Bill Ackman, who has accused the company of operating a pyramid scheme and shorted $1 billion of its shares.
    One voice that was not heard during Herbalife Ltd.'s conference call with analysts Wednesday morning was hedge fund manager Bill Ackman, who has accused the company of operating a pyramid scheme and shorted $1 billion of its shares. "We followed the...

    Tags: U.S. Securities and Exchange Commission, Herbalife Limited, Mutual Funds

  12. Feb 19, 2013 |Story| Los Angeles Times
  13. Herbalife says its earnings soared in fourth quarter

    Herbalife Ltd. reported that sales of its weight-loss and nutrition products increased significantly in the fourth quarter, even as a hedge fund manager was preparing a massive campaign to short its stock.
    Herbalife Ltd. reported that sales of its weight-loss and nutrition products increased significantly in the fourth quarter, even as a hedge fund manager was preparing a massive campaign to short its stock. The Los Angeles company said it earned $1.05...

    Tags: Herbalife Limited, Mutual Funds

  14. Jan 24, 2013 |Story| Los Angeles Times
  15. Netflix stock jumps nearly 40% in early trading

    Netflix Inc.'s stock shot up nearly 40% in early morning trading, fanned by domestic subscriber gains and revenue that exceeded Wall Street's expectations.
    Netflix Inc.'s stock shot up nearly 40% in early morning trading, fanned by domestic subscriber gains and revenue that exceeded Wall Street's expectations. Shares of the online subscription service were trading at $142.86 Thursday, up substantially from...

    Tags: Netflix Inc., House of Cards (tv program), Arrested Development (tv program) , Computing and Information Technology Industry

  16. Jan 3, 2013 | Los Angeles Times
  17. ‘Texas Chainsaw 3D’ director: Leatherface abused, stunted, lethal

    Hero Complex - movies, comics, pop culture - latimes.com
    It might not be as well known to some moviegoers as “Friday the 13th,” “Nightmare on Elm Street” or “Saw,” ......
  18. Jan 23, 2013 |Story| Los Angeles Times
  19. Netflix stock soars in after-hours trading on subscriber adds

    Netflix Inc. ended a volatile year on a high note, beating expectations for revenue and subscriber growth in the fourth quarter, which ended Dec. 31 -- sparking a nearly 35% spike in the company's stock in after-hours trading.
    Netflix Inc. ended a volatile year on a high note, beating expectations for revenue and subscriber growth in the fourth quarter, which ended Dec. 31 -- sparking a nearly 35% spike in the company's stock in after-hours trading. Holiday sales of...

    Tags: Media Industry, Kevin Spacey, Amazon.com Inc., Warner Bros. Entertainment, Inc., House of Cards (tv program)

  20. Oct 26, 2012 |Story| Los Angeles Times
  21. Carl Icahn's $3 billion Oshkosh bid rejected as 'low-ball price'

    Specialty truck maker Oshkosh Corp. rejected a takeover bid by billionaire activist investor Carl Icahn, calling the $32.50-a-share offer “unsolicited, inadequate, highly conditional and opportunistic.”
    Specialty truck maker Oshkosh Corp. rejected a takeover bid by billionaire activist investor Carl Icahn, calling the $32.50-a-share offer “unsolicited, inadequate, highly conditional and opportunistic.” The Wisconsin company’s board...

    Tags: New Products, JLG Industries Incorporated

  22. Mar 4, 2012 |Story| Los Angeles Times
  23. Downtown Las Vegas' El Cortez and Plaza beckon anew

    Quick quiz: How many Vegas-goers you know prefer staying downtown?
    Quick quiz: How many Vegas-goers you know prefer staying downtown? Grandma and Grandpa may have raved about 99-cent shrimp cocktails back in the day and sworn that Binion's was the only place for real gamblers, but the '80s brought the bigness and...

    Tags: Sharon Stone, Martin Scorsese, Apple iPod, Hotel and Accommodation Industry

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Carl Icahn Photos
Dell returned in 2007 to run the company he founded in...
(April 9, 2013)
Michael Dell, Dell
Herbalife shares rose after a deal was made with billio...
(February 28, 2013)
Herbalife makes a deal with Carl Icahn
"I personally think it's going to be 12 to 18 months, t...
(January 7, 2013)
Lewis Campbell, CEO, Navistar