Company announcements, direct sales updates and archived press coverage associated with Herbalife International.
Investment group pulls its offer for Herbalife An investment group whose bid for Century City-based Herbalife Ltd. was rejected said Friday that it was withdrawing the $2.7-billion offer — and that it might sell the Herbalife shares it owns or buy some more. J.H. Whitney & Co., which owns about a...
Read full storyNEW YORK, March 26 (newratings.com) - Analysts at Wedbush Morgan maintain their "buy" rating on Herbalife Ltd (ticker: HLF), while raising their estimates for the company. The 12-month target price is set to $47. In a research note published this morning, the analysts mention that the company has...
Read full storyFirst Humanitarian Award Presented by Herbalife Family Foundation LOS ANGELES--(BUSINESS WIRE)--Over 3,000 Herbalife independent distributors gathered for the 2006 Mark Hughes Bonus Awards where Herbalife distributed $30 million in year-end bonuses, the largest pool ever, to its top achievers ton...
Read full storyInternational dietary supplements marketer Herbalife said it has received its direct-selling license from China's Ministry of Commerce, following a period when the government prohibited direct sales companies. The global direct marketing company sells weight-management, nutritional supplements an...
Read full storyLOS ANGELES--(BUSINESS WIRE)--A grant to establish a Casa Herbalife program at Po Leung Kuk in Hong Kong has been given by the Herbalife Family Foundation (HFF). The Casa Herbalife program, created in 2005, works with existing charitable organizations around the world to help provide healthy and ...
Read full storyHerbalife Ltd., which sells nutritional supplements and other weight management products, said Monday its fourth-quarter profit grew 39 percent on stronger sales worldwide. Quarterly earnings rose to $41.7 million, or 56 cents per share, from $30 million, or 41 cents per share, in the prior-year ...
Read full storyFrom Borre Gjersvik, Nordic Director, Herbalife: Herbalife products have been sold in Iceland for the past seven years with the full approval of all the appropriate regulatory authorities and we have ongoing dialogue with the State Drug Inspectorate (SDI). Consumer confidence in the safety and ef...
Read full storyAccording to the Los Angeles Business Journal, Herbalife has hired Goldman Sachs after the recent aquisition bid made for the company stock. 'Herbalife Ltd. has retained financial and legal advisers to help it review an acquisition proposal by private equity firm Whitney V LP – the first ...'
Read full storyGroup has made an official bid for Herbalife Ltd. LOS ANGELES-- A private investment group that owns more than a quarter of Herbalife Ltd., the direct seller of nutritional and weight-loss supplements, has made a bid for the entire company, Herbalife said Friday. J.H. Whitney & Co., which took He...
Read full storySAN FRANCISCO (MarketWatch) -- Shares of Amazon.com Inc. were active Friday evening as investors continued to digest the company's quarterly results, while shares of Herbalife Ltd. shot up 18% after the nutritional supplement maker said that it has received a buyout offer. Shares of Herbalife jum...
Read full story