| Apr 9, 2013
| 8:53 AM
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...
| Apr 10, 2013
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....
| Jan 3, 2013
| 8:43 AM
It might not be as well known to some moviegoers as “Friday the 13th,” “Nightmare on Elm Street” or “Saw,” ......
| Mar 25, 2012
| 9:33 PM
The blockbuster opening weekend of "The Hunger Games" — which debuted with an estimated $155 million — will ultimately lead to more than $300 million in profit for independent studio Lionsgate, analysts predicted Sunday. And with three sequels...
| Mar 26, 2012
| 8:18 AM
Yahoo Inc., in an attempt to “reshape and refocus” itself, appointed three new independent directors to its board, including a top executive from American Express Co. But the move isn’t passing muster with activist investor Daniel Loeb,...
| Mar 30, 2012
| 9:19 AM
Ray Dalio of Bridgewater Associates took home $3.9 billion last year. Fellow investment kings Carl Icahn and James Simons each made off with more than $2 billion. To the average plebeian, that’s a lot of money.
But for the top 25 hedge fund earners...
| Oct 26, 2012
| 8:11 AM
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...
| Feb 25, 2013
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...
| Sep 26, 2011
| 4:33 PM
With its three latest releases -- "Conan the Barbarian," "Warrior" and "Abduction" -- performing poorly at the box office, Lions Gate says it expects to lose between $40 million and $50 million in the current quarter. The warning came in......
| Oct 5, 2011
| 4:33 PM
The Morning Fix is a collection of media headlines....
| Oct 4, 2011
| 4:33 PM
Lions Gate is putting on hold its plan to sell 22 million shares of stock on behalf of dissident shareholder Carl Icahn, foiled by the studio's slumping stock price that was fueled by the poor performance of the studio's recent movies....