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Herbalife Ltd (HLF.N)

HLF.N on New York Stock Exchange

58.57USD
4:02pm EDT
Change (% chg)

$0.26 (+0.45%)
Prev Close
$58.31
Open
$58.31
Day's High
$58.74
Day's Low
$58.04
Volume
130,118
Avg. Vol
233,827
52-wk High
$72.20
52-wk Low
$47.62

Latest Key Developments (Source: Significant Developments)

Herbalife CEO fy 2016 total compensation $10.9 mln - sec filing
Monday, 13 Mar 2017 05:06pm EDT 

Herbalife Ltd :CEO Michael Johnson's fy 2016 total compensation $10.9 million versus $9.9 million in fy 2015 - SEC filing.  Full Article

Carl Icahn reports purchase of 372,324 shares of Herbalife on Mar. 10 2017
Monday, 13 Mar 2017 09:01am EDT 

Carl Icahn:Carl Icahn reports purchase of 372,324 shares of Herbalife's common stock on March 10, 2017 at $51.35 per share - SEC filing.  Full Article

Carl Icahn reports 24.57 pct stake in Herbalife Ltd as of March 10
Monday, 13 Mar 2017 08:02am EDT 

Herbalife Ltd : Carl Icahn reports 24.57 percent stake in Herbalife Ltd as on March 10, 2017 - SEC filing .Carl Icahn had previously reported 24.18 percent stake in Herbalife Ltd as on November 8, 2016 - sec filing.  Full Article

Syngene International & Herbalife partner to establish nutrition R&D lab in India
Thursday, 2 Mar 2017 05:27am EST 

Syngene International Ltd : Says Herbalife nutrition partners with Syngene to establish nutrition research and development lab in India . Says Herbalife will work closely with Syngene in the areas of research and development in the field of nutrition .Facility houses separate good manufacturing practices formulation lab.  Full Article

Herbalife Q4 adjusted earnings per share $1.00
Thursday, 23 Feb 2017 04:12pm EST 

Herbalife Ltd : Herbalife reports record full year 2016 worldwide volume; number of preferred members in the U.S. approximately 300,000; record worldwide sales leader retention; announces a new share buyback authorization of $1.5 billion . Q4 adjusted earnings per share $1.00 . Q4 earnings per share $1.16 . Q4 sales fell 1 percent to $1.0 billion . Sees Q1 2017 adjusted earnings per share about $0.10 . Herbalife Ltd sees Q1 volume point growth negative 5.0% to negative 1.0% . Herbalife Ltd sees Q1 diluted EPS $ 0.50 to $ 0.70 . Sees Q1 net sales growth versus 2016 of negative 9.0% to negative 5.0% . Herbalife Ltd sees FY 2017 volume point growth 2.0% to 5.0% . Sees 2017 net sales growth versus 2016 of 0.3% to 3.3% . Herbalife Ltd sees FY diluted earnings per share $ 2.95 to $ 3.35 . Herbalife Ltd says full year 2017 adjusted diluted EPS guidance includes projected currency headwind of approximately $0.50 per diluted share . Herbalife Ltd sees Q1 currency adjusted diluted EPS $0.85 to $1.05; sees FY 2017 currency adjusted EPS $4.20 to $4.60 . Sees 2017 cap ex $125.0 million to $155.0 million .Herbalife Ltd sees Q1 adjusted earnings per share $0.75 to $0.95; sees fy 2017 adjusted earnings per share $3.65 to $4.05.  Full Article

Herbalife to form JV with China's Tasly Holding Group
Thursday, 23 Feb 2017 04:05pm EST 

Herbalife Ltd : Herbalife Ltd reaches agreement in principle to form joint venture with China's Tasly Holding Group . Herbalife Ltd - reached an agreement in principle to form a joint venture with Tasly Holding Group .Herbalife Ltd says joint venture is expected to be finalized within next 60 days.  Full Article

Vanguard Group reports 6.57 pct passive stake in Herbalife - SEC filing
Monday, 13 Feb 2017 09:55am EST 

Vanguard Group Inc :Vanguard Group Inc reports a 6.57 percent passive stake in Herbalife Ltd as of Dec 31, 2016 - SEC filing.  Full Article

Herbalife says SEC requested documents relating to co's anti-corruption compliance in China
Friday, 20 Jan 2017 08:40am EST 

Herbalife Ltd : SEC requested from company documents and other information relating to company's anti-corruption compliance in China and company is conducting own review - SEC Filing . Company has discussed the SEC’s investigation and the company’s review with the Department of Justice .Company is cooperating with the SEC’s investigation and cannot predict the eventual scope, duration, or outcome of the matter at this time.  Full Article

Herbalife sees Q4 volume to be towards low end of guidance
Friday, 20 Jan 2017 08:00am EST 

Herbalife Ltd - : Says expects Q4 volume to be toward low end of guidance provided on Nov. 1, 2016 . For full year 2017, company is maintaining its previous volume guidance in range of 2.0-5.0 pct growth - SEC filing . For FY 2017, estimated GAAP, adjusted diluted EPS are expected to be negatively impacted by about $0.40 per share compared to prior guidance . Company has seen further strong currency headwinds since guidance it announced on Nov. 1, 2016 . Says additional strong headwinds will impact Q4 net sales causing reported net sales to be below previous guidance . Says Q4 2016 net sales is now expected to be between down 6.0 pct to down 4.0 pct as compared to Q4 of 2015 . Due primarily to additional currency headwinds noted above, lowering 2017 net sales guidance by 320 basis points versus previous guidance . Sees adjusted earnings per share $4.20-$4.60 for twelve months ending Dec 31, 2017 . Sees earnings per share $3.55-$3.95 for twelve months ending Dec. 31, 2017 . Sees capex between $125 million to $155 million for twelve months ending Dec 31, 2017 . Sees currency adjusted earnings per share $4.75 to $5.15 for twelve months ending dec 31, 2017 . Intends to raise $1,325 million of new credit facilities to refinance its existing revolver .Part of proceeds will be used to repay about $410 million of existing debt.  Full Article

Pershing square holdings releases Q3 letter to shareholders
Wednesday, 7 Dec 2016 04:05pm EST 

Pershing Square Holdings Ltd : Pershing square holdings - "chipotle’s sales recovery will be neither smooth nor predictable over the next few quarters" . Pershing square holdings says harvested investments in canadian pacific and zoetis to free up capital for new commitments . Pershing square holdings says it has yet to disclose the second investment in which it has built a half-sized position . Pershing square holdings - "we remain short herbalife because we believe its intrinsic value is zero" . Pershing square holdings says over the past two quarters, it has exited our investments in canadian pacific and zoetis . Pershing square holdings says valeant now represents approximately 5% of pershing square, l.p.'s capital . Pershing square holdings-substantial decline in pershing square, l.p's performance from aug 2015 through march 31, 2016 largely due to valeant’s decline .Pershing square holdings releases q3 letter to shareholders.  Full Article

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