Thu, 03 Nov 2016 01:17:25 GMT
Thu, 03 Nov 2016 01:14:47 GMT
Your Daily Dose of Financial News
- JD Supra (press release)
Merrill Lynch has already staked out the position in response to the DOL's retirement account fiduciary duty rule that it would no longer offer commission-based IRAs to retirement savers. Yesterday, it effectively doubled down on its early compliance ...
Wed, 02 Nov 2016 22:19:42 GMT
Herbalife Ltd. (HLF) Releases Quarterly Earnings Results
Ltd. (NYSE:HLF) announced its earnings results on Tuesday. The company reported $1.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.09 by $0.12. The firm had revenue of $1.12 billion for the quarter, compared to ...
Wed, 02 Nov 2016 22:17:37 GMT
Herbalife is sliding after naming a new CEO
- Cosumnes Connection (subscription)
Company head Michael Johnson will become the company's executive chairman when the "planned leadership transition" takes place in June, Herbalife
said in a statement Tuesday. Johnson, who will transition to the role of Herbalife's
executive chairman ...
Wed, 02 Nov 2016 22:07:40 GMT
Herbalife CEO Michael Johnson to Step Down After 13 Years
- Los Angeles Business JournalHerbalife
Ltd. Chief Executive Michael Johnson will step down next May, and be replaced by Chief Operating Officer Richard Goudis. While Johnson will no longer serve as chief executive, he will take on new role as executive chairman for the global ...
Wed, 02 Nov 2016 22:00:05 GMT
Wed, 02 Nov 2016 21:19:30 GMT
Herbalife CEO to step down, third-quarter profits fall
- L.A. Biz
In a separate announcement, Herbalife
said its third-quarter earnings were hurt by currency exchange fluctuations and fell to $87.7 million, or $1.01 per share, from $93.6 million, or $1.09 per share, a year ago. However, earnings adjusted for one-time ...
Wed, 02 Nov 2016 20:39:59 GMT
After 13 Years at Helm, Herbalife CEO to Step Down
- Natural Products INSIDER (blog)
Michael O. Johnson, the CEO of Herbalife
Ltd., is stepping down next year after quadrupling sales over his 13-year tenure and reaching a widely publicized agreement with federal regulators in 2016 to change the marketer's business practices. Effective ...
Wed, 02 Nov 2016 20:33:19 GMT
Stock Backsliding Late Day: Herbalife Ltd. (NYSE:HLF)
- AR NewsHerbalife
Ltd. (NYSE:HLF) is seeing declines so far in today's trading session. Shares are moving -8.00% lower on solid volume. The stock has landed on the top loser list for the day according to Finviz data. Stocks whose market prices drop the most ...
Wed, 02 Nov 2016 19:52:17 GMT
How Did Herbalife Perform in 3Q16?
- Market RealistHerbalife
(HLF) has a market cap of $5.5 billion. It fell 2.6% to close at $59.12 per share on November 1, 2016. The stock's weekly, monthly, and year-to-date (or YTD) price movements were -1.4%, -7.4%, and 10.3%, respectively, on the same day. HLF is ...