Herbalife Nutrition Ltd. News
Herbalife Stock Drops After Lowering Guidance as Sellers Stay Home
Herbalife says lower seller activity amid a resurgence in COVID-19 is forcing it to lower its third-quarter and full-year guidance.
Icahn Sells Remaining Stake in Herbalife
Activist investor Carl Icahn disclosed that he sold the rest of his holding in Herbalife Nutrition.
FirstEnergy Rises As Icahn Reportedly in Talks to Take Two Board SeatsDraft SharePreviewPublish
Shares of FirstEnergy rose Tuesday after activist investor Carl Icahn sought two seats on the board of the energy distributor.
FirstEnergy Jumps on Disclosure Icahn Plans to Purchase Voting Shares
FirstEnergy received a letter from Icahn Capital saying the investment firm plans to acquire shares worth more than $184 million.
Carl Icahn Sells $600 Million of Herbalife Stock
The sale leaves Icahn with a roughly 6% stake in the company, worth $400 million.
Breaking News
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.