HLF - Herbalife

Herbalife Ltd., a nutrition company, develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products. It offers science-based products in four principal categories, including weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. The weight management product portfolio includes meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. The targeted nutrition products comprise dietary and nutritional supplements containing herbs, vitamins, minerals, and other natural ingredients. The energy, sports, and fitness portfolio consists of products that support a healthy active lifestyle. The outer nutrition products include facial skin, body, and hair care products. The company also provides literature, promotional, and other materials, including start-up kits, sales tools, and educational materials. It offers its products through retail stores, sales representatives, sales officers, and independent service providers. The company operates in North America, Mexico, South and Central America, Europe, the Middle East, Africa, the Asia Pacific, and China. Herbalife Ltd. was founded in 1980 and is based in Grand Cayman, the Cayman Islands.

Herbalife's revenues were up 1.3%. Net income was up 22.5%.

Trading +14% AH

Oh man +10% to $64, any time this thing runs a bit, shorts get squeezed more. No matter how right you are on the fact that his collapses one day, you cant argue with price, and price is awefully near to new 52wk highs again! lol

Billionaire activist investor Bill Ackman is escalating his campaign against Herbalife, releasing video excerpts aimed at proving some of the nutritional supplement company's top producers continue to make "false and misleading claims about its fraudulent business opportunity."

Launched this week, the attack is part of Ackman's $1 billion short bet against Herbalife following his contention that the company's business model is a pyramid scheme.

The updated campaign comes amid the possibility of an estimated $200 million Herbalife settlement with the Federal Trade Commission, which has been investigating whether the company complies with federal laws on advertising, marketing and sales of business opportunities.