Tag Archive for Herbalife

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Herbalife To Provide Nutrition Curriculum In Schools Across US

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Herbalife HLF,  a leading global nutrition company, announced a long-term partnership with national non-profit organization, Common Threads, to sponsor nutrition programs in elementary and middle schools across the country. The program gives students in over 135 schools in Illinois, Washington, D.C., California and Florida access to nutrition and cooking skills curricula.

“Herbalife is excited to sponsor nutritional programs to help students in these cities improve their understanding of the importance of eating healthy,” said Angela Arboleda, Herbalife vice president of government and community affairs. “It is critical to equip our nation’s young people with the building blocks for healthy living, especially those who do not have access to the resources and information at home. Programs like Common Threads are important for helping children establish healthy eating habits. We look forward to building upon our company’s deep commitment to helping people live healthy, active lifestyles through this long-term partnership.”

The program is geared towards students who do not otherwise have access to well-balanced dietary options in their community or at home. The schools selected for the program are located in neighborhoods across the country that do not have access to fresh produce and other nutritious ingredients. One of the criteria for school selection is that

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Hall Of Fame MLM Celebrities – How To Handle The Pyramid Myth Objection

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These are the celebrities, spokesmen and women, famous supporters and endorsers of the Direct Selling – Network Marketing – MLM Industry.
These are the individuals who believe in the products and the Business Model – celebrities who approve and encourage the MLM, Network Marketing and Direct Selling industry. They speak at events and conventions. They are associated with pride.
They are very successful individuals who do not understand why some people have ‘pyramid objections’. Investors such as; Warren Buffett (Pampered Chef), billionaires like Carl Icahn, George Soros and William Stiritz who invested hundreds of millions (Herbalife), and Vincent Tan (Epic, Ecosway).
Former President of the United States Bill Clinton who has thanked the Direct Selling industry in a speech, Dr. Memhet Oz (USANA, Vemma), Donald Trump (ACN) and Madeleine Albright (Amway), who have been keynote speakers at conventions and many more.
Just about any product or service can be purchased through direct selling somewhere in the world.
Many people think of cosmetics, wellness products and home décor as products that are often sold through direct sales, but add to that countless other product categories including kitchen products, jewelry, clothing, organic gardening supplies, spa products, scrapbooking supplies, rubber stamps and much, much more.
President Clinton making remarks for

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Reuters Reports On Herbalife, Says Ackman’s Attacks Fails To Resonate In Nutrition Clubs

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The following article reported by Reuters recently shares the Ackman vs Herbalife fiasco in a rather objective manner. Ultimately, his claims aren’t resonating with Herbalife members or nutritional club owners. 
New York hedge fund manager William Ackman says Herbalife is a pyramid scheme that exploits the poor. He has taken a $1 billion bet against the company’s stock and spent millions on research to attack the nutritional supplements seller, including making a video showing former distributors who claim they were deceived and lost money trying to sell its products.
Yet a visit to some of  the clubs that have been set up to dispense the company’s shakes, teas and other items, largely to the Hispanic community in the U.S., shows that it has fans. These are consumers who stress their health has improved and distributors who are thankful to have the opportunity to run their own businesses.
In conversations at 10 such clubs that Reuters reporters visited in recent weeks in the Los Angeles area, New York and Newark, New Jersey, more than 20 people said they had lost a substantial amount of weight while consuming Herbalife products. These claims could not be verified by Reuters but if true the comments cast a favorable light on

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5 Things Herbalife Wants You To Know

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Over the past two years, shares of multi-level marketing giant Herbalife have been immensely volatile, largely due to the activities of activist hedge fund manager Bill Ackman, who has been waging an aggressive campaign against Herbalife’s management, accusing the company of fraud.
At times, his accusations have prompted sharp sell-offs, but more recently, the focus seems to have shifted to Herbalife’s earnings. Last month, shares of Herbalife tumbled after its earnings report came in short of analysts’ expectations.
Management remains confident in its business, and in a subsequent earnings call, pointed out a number of factors investors should be aware of. Below are five of the most important quotes from Herbalife’s most recent earnings call, courtesy of S&P Capital IQ .
The market for its products is growing
Herbalife’s products are, broadly speaking, aimed at helping to facilitate weight loss. A meal replacement shake, Formula 1, is the cornerstone of its portfolio, while it also offers supplements such as metabolism-boosting tea and multivitamins.
So long as global obesity rates remain elevated, Herbalife’s management believes the market for its products is large. Citing a recent study, the company’s CEO Michael Johnson quantified the opportunity for Herbalife.
The Harvard School of Public Health estimates that the worldwide rate of obesity has nearly

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Ackman Prepares To Extend Bet Against Herbalife

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Bill Ackman, the hedge-fund manager who has mounted a two-year campaign to prove Herbalife Ltd. (HLF) is a pyramid scheme, will extend his bet against the company should he need to.
The cost of maintaining a position in options that profit from a drop in Herbalife shares has declined “substantially” since Herbalife canceled its dividend, Ackman said in his quarterly letter to investors dated today. Most of the over-the-counter contracts Pershing currently holds will expire next year.

“We will extend their terms by paying additional premiums if it is necessary to do so,” Ackman wrote in the letter, which was obtained by Bloomberg News.

Ackman has bet $1 billion against Herbalife and mounted a campaign that was capped by a more than three-hour presentation on July 22 purporting to show that the company is an Enron-style fraud. Investors brushed off his arguments, sending the stock up 25 percent in one day.
Today’s letter also acknowledged that the lengthy presentation and the hype he generated ahead of it were missteps. Herbalife shares, which have since tumbled after the company’s earnings missed projections later in July, are down almost 20 percent in the past year.
Originally reported by Bloomberg

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New Moves Are Proving The Herbalife Business Model To Be Widely Accepted

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According to Bidnessetc.com, recent moves are proving the Herbalife Business model to be widely accepted. 
Herbalife Ltd. (HLF) stock is up 4% today, and has gained roughly 7% since Bidness Etc asked investors to go long last week. The rise today, followed the news of Capital Research increasing its stake in the company and a number of insiders taking long positions in the stock. These moves have improved investor sentiment, leading to a rise in the stock. In addition, the company’s long term prospects remain strong and Bidness Etc rates the stock a Buy at current valuations.
According to recent news, Capital Research has increased its stake in the company from 8.5% to 10.1%, joining the league of investors like Carl Icahn and Fidelity Investments, both of whom have stakes larger than 10%. After increasing its stake, Capital Research has become the third-largest shareholder in the company.
The continuing confidence of Carl Icahn and now this move by Capital Research reflects their belief that Herbalife is not a pyramid scheme and that investigations by Federal Trade Commission (FTC) are not expected cause any significant damage to the company’s reputation.
In addition, a number of insiders including Chief Operating Officer Richard Goudis, President Des Walsh, and Chief Financial Officer Desimone, have

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Herbalife Expanding It’s China Facilities

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Herbalife Ltd. (NYSE:HLF), a leading global nutrition company, today announced plans to expand its manufacturing capabilities inChina, as it looks to increase its capacity in line with anticipated growth in this strategically important market. This would add to Herbalife’s existing manufacturing facilities in Suzhou, and its botanical extraction plant in Changsha.
Herbalife has identified an existing, newly built facility in Jiangning High-tech Industry Park (JHIP), Nanjing as the location for its newest manufacturing facility, due to the unique environment it provides for companies operating in the life science industries, as well as the relative speed to operation in having only to renovate an existing facility.
JHIP brings together companies from across the entire industry – research and development; incubation; small- and large-scale manufacturing; and marketing – to create and foster innovation and intellectual collaboration. Herbalife will invest up to $40MM USD in a first phase of development, to bring the facility up to the highest operating standards.
This first phase is expected to be complete and the facility operational by the end of 2015, with the potential for a second phase of development, given the size and flexibility of the facility. This new facility will ultimately provide up to 65% of the company’s total product requirements in China.
Richard Goudis, chief operating officer, Herbalife said, “We are

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Herbalife Executives Buy $1.7 Million In Shares

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Insiders at Herbalife threw their hats into the ring of the media circus surrounding the multi-level marketing firm.
Three Herbalife top executives bought 30,700 shares for $1,709,467, an average of $55.68 each, on July 31.
Chief Financial Officer John DeSimone bought 10,000 Herbalife (ticker: HLF ) shares for $555,600. He now holds a direct stake of 28,690 shares. DeSimone’s most recent previous transaction was on April 16, 2012, when he exercised options and sold 31,700 shares for $2.7 million, an average of $70.50 each, through a 10b5-1 plan.
Chief Operating Officer Richard Goudis bought 10,700 shares for $597,167. He now holds a direct stake of 166,969 shares. Goudis’ most recent previous transaction was on Nov. 29, 2012, when he bought 180,100 shares for $2 million, an average of $43.89 each.
Finally, President Desmond Walsh bought 10,000 shares for $556,700. He now holds a direct stake of 107,599 shares. Walsh’s most recent previous transaction was on April 3, 2012, when he exercised options and sold 125,500 shares for $5 million, an average of $69.44 each through a 10b5-1 plan.
All the executives hold stakes of less than 1% in Herbalife.
Walsh and Goudis joined Herbalife in 2004. DeSimone joined in 2007.
Herbalife did not respond to a phone call seeking

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Ackman Says “My Bad” On Herbalife Presentation

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Hedge fund manager Bill Ackman has two words to sum up his Herbalife Ltd. (HLF) presentation last week: “My bad.”
Investors may have missed the point because the event was long and overhyped, Ackman said in an interview. Even the private researcher who helped convince Ackman the company is an illegal pyramid scheme now says the details of a two-year investigation into Herbalife’s nutrition clubs were largely ignored.
Ackman had promised to show an Enron-style fraud during the event. Instead of dumping the stock, investors sent the shares up 25 percent after the presentation, marking the biggest one-day gain in the history of the company. Ackman’s firm, Pershing Square Capital Management LP, bet $1 billion against the stock in 2012.
“It was a PR failure,” Ackman said. “I think we raised expectations. People were looking for the dead body and the smoking gun and instead what they got was a three-hour detailed regulatory presentation.”
The shares declined 6.1 percent to $52.40 at the close in New York.
Lost amid the earlier share gain was research that offers evidence of an elaborate and secretive illegal recruiting system, said Christine Richard, a former journalist who helped Ackman present material at the New York event.
William “Bill” Ackman, founder and chief executive officer of Pershing Square Capital

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Herbalife Q2 Earnings – $1.3 Billion Revenue + 7%

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Herbalife Ltd. Announces Second Quarter 2014 Results and Raises 2014 Earnings Guidance

Second quarter worldwide volume growth of 5 percent compared to the prior year period.
Adjusted1 EPS of $1.55 increased 10 percent compared to the prior year. Reported EPS of $1.31 primarily reflects the impact of the non-cash costs associated with the convert and other items.
Raising FY’14 adjusted diluted EPS guidance to a range of $6.17 to $6.32.
Repurchased $581 million or 9.8 million shares during the quarter.

Herbalife Ltd. (NYSE: HLF) today reported second quarter net sales of $1.3 billion, reflecting an increase of 7 percent compared to the same time period in 2013 on volume point growth of 5 percent. Adjusted1 net income for the quarter of $141.4 million, or $1.55 per diluted share, compares to 2013 second quarter adjusted net income of $150.7 million, or $1.41 per diluted share. On a reported basis, second quarter 2014 net income of $119.5 million, or $1.31 per diluted share compares to $143.2 million, or $1.34 per diluted share for the same period in 2013.
“Herbalife has once again delivered strong results in sales and profitability while demonstrating our continued ability to enhance our earnings per share,” said Michael Johnson, Herbalife’s chairman and CEO. “Our

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