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.
Herbalife Charged by Feds With Making Bribes in China
Prosecutors agree to defer prosecution of Herbalife, for one count of conspiracy to violate the Foreign Corrupt Practices Act.
Herbalife Stake Is Cut to 15.5% by Investor Icahn
Investor Carl Icahn sold 14.7 million Herbalife shares, reducing his holding to 15.5%. He remains the supplements company's largest holder.
Coronavirus Latest Updates: A Timeline of Recent Events
Here is TheStreet's latest news on the coronavirus and its worldwide and economic impact, and a timeline of events since January
Occidental CEO Salary Slashed Amid Virus-Driven Plunge in Oil Prices
Occidental Petroleum CEO Vicki Hollub’s salary will be cut by more than 80% and top executives’ pay will be slashed as Covid-19 continues to slam oil prices.
Herbalife Jumps on Earnings Beat but Warns of Potential Coronavirus Impact
Herbalife posts better-than-expected quarterly earnings while warning the coronavirus could have a yet-to-be-determined impact on its bottom line.
Breaking News
Tesla Stock Lower After Data Shows July China Sales Slump
Tesla sold just over 28,000 China-made cars last month, an industry lobby group said Tuesday.
Novavax Stock Plummets After Slashing 2022 Vaccine Sales Forecast
"I believe we were late to the market and US vaccination was driven by what was available and shown to work," said Novavax CEO Stanley Erck.
Cathie Wood Watch: Buys Nvidia, Output Platform; Sells DraftKings
Ark Innovation ETF has fallen 49% this year. Asset manager Cathie Wood just added a bunch of shares of graphics-chip specialist Nvidia.
Micron Technology Stock Tumbles On Reduced Q4 Chip Sales Forecast
"In FQ1, bit shipments are now expected to decline sequentially, and we expect significant sequential declines in revenue and margins," Micron said.