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→  March 12, 2014

By Svea Herbst-Bayliss BOSTON, March 11 (Reuters) – Hedge fund manager William Ackman renewed his attack on Herbalife on Tuesday and said he has evidence the U.S.-based nutrition and weight loss company is breaking direct-selling laws in China, its fastest growing market. Ackman, who has placed a $1 billion short bet against Herbalife, said the […]

→  March 12, 2014

BOSTON (Reuters) – Hedge fund manager William Ackman renewed his attack on Herbalife on Tuesday and said he has evidence the U.S.-based nutrition and weight loss company is breaking direct-selling laws in China, its fastest growing market. Ackman, who has placed a $1 billion short bet against Herbalife, said the company was making recruits pay […]

→  March 11, 2014

Article source: http://www.businessinsider.in/clusterstock/hedge-funds/People-Who-Wrote-Letters-To-The-FTC-About-Herbalife-Say-They-Dont-Remember-Writing-Them/articleshow/31804327.cms

→  March 11, 2014

Reuters/ Brian Snyder The New York Times’ Michael Schmidt, Eric Lipton and Alexandra Stevenson have a big front page story on Bill Ackman and his $1 billion bet against Herbalife. In late 2012, Ackman publicly revealed that Pershing Square had put on a $1 billion short position on Herbalife, a multi-level marketing company that sells […]

→  March 11, 2014

GOLD is getting more attractive to hedge-fund managers even as Goldman Sachs says the metal’s surprising rally this year will soon fizzle. Hedge funds and other speculators expanded bets on higher prices for a fourth week in New York futures and are now the most bullish since December 2012, government data show. While gold is […]

→  March 11, 2014

Herbalife (HLF: Quote) Monday commented on a March 10, New York Times report “After Big Bet, Hedge Fund Pulls the Levers of Power,” by Michael S. Schmidt, Eric Lipton and Alexandra Stevenson. The article detailed how Bill Ackman of Pershing Square employed a sophisticated and unprecedented campaign to exert pressure on lawmakers and regulators to […]

→  March 10, 2014

Log in to manage your products and services from The New York Times and the International New York Times. Don’t have an account yet?Create an account » Subscribed through iTunes and need an NYTimes.com account?Learn more » Article source: http://www.nytimes.com/2014/03/10/business/staking-1-billion-that-herbalife-will-fail-then-ackman-lobbying-to-bring-it-down.html?hpw&rref=business

→  March 10, 2014

Todd T. Westhus is poised to join George Soros and John Paulson with an unlikely wager. Soros broke the Bank of England in 1992 by betting on the devaluation of the British pound, netting $1 billion. Paulson took home $15 billion, anticipating the collapse of subprime debt that contributed to the financial crisis. Now, Westhus […]

→  March 10, 2014

GOLD NEWS Hedge funds and other speculators expanded bets on higher prices for a fourth week in New York futures and are now the most bullish since December 2012. Author: Elizabeth Campbell, Megan Durisin and Debarati Roy (Bloomberg) Posted: Monday , 10 Mar 2014 (Bloomberg) –  Gold is getting more attractive to hedge-fund managers even as […]

→  March 10, 2014

GREENWICH — From his second-floor office here on Steamboat Road, Keith Gertsen can gaze out across Greenwich Harbor at one of the world’s most-exclusive neighborhoods: Belle Haven, a mansion-filled peninsula that’s home to three of Connecticut’s 15 billionaires. Nearer still, his office is next door to hedge fund firm Blue Harbour Group, which has over […]