Actionable news
0
All posts from Actionable news
Actionable news in HLF: HERBALIFE Ltd.,

Herbalife Slides After Outlook Renews Fears About FTC Accord

  • Settlement forced company to track business more closely
  • Bill Ackman has waged battle against Herbalife since 2012

Herbalife Ltd. declined as much as 5.3 percent in late trading after delivering a disappointing forecast, renewing concerns that a settlement with regulators will hamper its growth.

The nutrition company said on Tuesday that it doesn’t expect sales to grow in the current quarter. Earnings also will be lower than analysts had estimated.

Investors have been closing...


More