Bill Ackman says he’s still confident about betting against Herbalife Ltd.’s stock, but he’s making sure he won’t lose more money if the shares keep going up.
Billionaire Carl Icahn bought 306,846 more shares of Herbalife on Aug. 31, according to a Friday filing.
Never good to lose big.
FBN's Charlie Gasparino compares Nu Skin's business model to Herbalife and discusses Goldman Sachs' efforts to reduce costs.
KPMG was forced to resign as auditor for both Herbalife and Sketchers, both companies announced on Tuesday, after a senior partner at the center of an insider trading probe was fired by the accounting firm.
Bloomberg contributing editor Bill Cohan talks about the battle between Bill Ackman and Carl Icahn over Herbalife.