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
Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest
Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.
General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division
"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.
Feds Could Stop Trump SPAC Deal
An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.
McDonald's Brings Back a Classic Menu Item (with a Catch)
You never know what the fast-food chain might bring back or create a new version of.