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Herbalife halted debt offer plan after KPMG resigned
ReutersApril 30 (Reuters) - Herbalife Ltd recently put plans on hold for a debt offering that would have raised cash for stock buybacks following the resignation earlier this month of its auditor KPMG, the company's chief financial officer said on Tuesday....Tags: Insider Trading, NYSE Euronext, Inc., FBI, KPMG, Finance
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Herbalife posts record results
Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections. The Los Angeles nutritional products company told investors Monday that earnings during the first three months of the year climbed nearly...
Tags: Insider Trading, KPMG, U.S. Securities and Exchange Commission, Companies and Corporations, David Einhorn
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Herbalife effort to replace KPMG 'nearing completion,' CFO says
Herbalife Ltd. is making progress in its search for a new accounting firm, executives said during a conference call with analysts Tuesday. The Los Angeles nutritional products company was forced to hire a new accounting firm after KPMG resigned...
Tags: Physical Fitness and Exercise, Insider Trading, Fraud, Business Enterprises, KPMG
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Herbalife posts better-than-expected earnings, again
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance. The company reported earnings of $118.8 million, or $1.10 a share, up from...
Tags: Insider Trading, Physical Fitness and Exercise, KPMG, Companies and Corporations, David Einhorn
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Imported cucumbers sicken 73 people in 18 states with salmonella
More than 70 people in 18 states have fallen ill because of a salmonella outbreak linked to imported Mexican cucumbers, the Centers for Disease Control and Prevention said Thursday. The agency said 14 people have been hospitalized, and it is working...
Tags: Diseases and Illnesses, Disease Prevention, Disneyland Park, Food and Drug Administration, Health Organizations
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Herbalife investors meet -- briefly
Herbalife would seem to have a lot to talk about with its investors, but you'd never know it from Thursday's annual shareholder meeting in Beverly Hills. It lasted less than 15 minutes. Executives didn't address claims raised by hedge fund manager...
Tags: Insider Trading, Annual and Special Corporate Meetings, Fraud, Shareholders, KPMG
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Herbalife quickly and quietly names two new board members
Herbalife Ltd. might have had one of the quickest annual meetings of 2013. The nutritional supplements company, battling a billionaire investor’s bet that its stock will tank, began its yearly gathering of shareholders a few minutes after 9 a.m....
Tags: Interior Policy, Annual and Special Corporate Meetings, KPMG, Pension and Welfare, CEO Pay
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Weekly jobless claims tumble to 339,000, near five-year low
WASHINGTON -- Countering signs of a spring economic slowdown, initial jobless claims unexpectedly tumbled last week to nearly the lowest level in five years, the Labor Department said Thursday. The number of people filing for first-time unemployment...
Tags: Economic Indicator, Unemployment Rate, Unemployment Benefits, Labor Markets
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Herbalife to reassure investors
Herbalife Ltd., battling a billionaire investor's bet that its stock will tank, is expected to reassure shareholders at the company's annual meeting Thursday that the Los Angeles nutritional products maker is a strong, healthy, legitimate operation. The...
Tags: Laws, KPMG, Trials, Companies and Corporations, Prices
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Skechers gets new auditor after insider-trading allegations
Skechers USA Inc. appointed a new auditor Wednesday to replace its former accounting firm, KPMG, which was rocked by an insider trading scandal and resigned earlier this month. The Manhattan Beach shoe maker’s board of directors named BDO USA as...
Tags: Insider Trading, Scott London, Business Enterprises, KPMG, Ford Motor Co.
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Ex-KPMG auditor Scott London is charged
Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners. The criminal case filed...
Tags: Lawyers, Insider Trading, FBI, KPMG, Pacific Capital Bancorp
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In KPMG insider trading case, crime and blunders alleged
It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...Tags: Lawyers, Insider Trading, NYSE Euronext, Inc., Media Industry, KPMG
Apr 30, 2013
|Story| Reuters
Apr 29, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
Apr 29, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
Apr 24, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Original site for Herbalife Limited topic gallery.