MARKET COMPOSITE
HLF - Herbalife Nutrition Ltd2:25:37 PM 4/26/2024
Price
$8.98
+ 0.10 (1.18%)
Herbalife Nutrition is a global multi-level marketing corporation that develops and sells dietary supplements. The company was founded by Mark Hughes in 1980, and it employs an estimated 8,900 people worldwide. The business is incorporated in the Cayman Islands, with its corporate headquarters located in Los Angeles, California. The company operates in 94 countries through a network of approximately 4.5 million independent distributors and members. The company has been criticized by, among others, hedge fund manager Bill Ackman of Pershing Square Capital, who claimed that Herbalife operates a "sophisticated pyramid scheme" after taking a $1 billion short position in Herbalife stock. Herbalife agreed to "fundamentally restructure" its business and pay a $200 million fine as part of a 2016 settlement with the U.S. Federal Trade Commission following accusations of it being a pyramid scheme. In November 2017, Ackman's hedge fund closed out its short position in Herbalife.
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    LOS ANGELES, April 24, 2024--Herbalife, a premier health and wellness company, has signed LA Galaxy center midfielder Riqui Puig through the 2025 MLS season. Puig joins an elite roster of more than 150 Herbalife-sponsored athletes, teams and leagues around the world. As a sponsored athlete, he will support Herbalife in several joint community partnership initiatives, sports nutrition education and global marketing efforts, including sharing healthy, active lifestyle tips and motivation through t

    Herbalife, a premier health and wellness company, announced today that two more of its laboratories have completed the My Green Lab Certification Program, at the 'Green' level, signifying the highest level of certification in the program. These accomplishments demonstrate the company's continuous progress towards its sustainability goals of reducing its carbon footprint and attaining Green-level certifications for all of its laboratories by the end of 2030, as outlined in its 2021-2022 Global Su

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    LOS ANGELES, April 12, 2024--Herbalife Ltd. (NYSE: HLF) (the "Company"), a premier health and wellness company, community and platform, today announced the closing of the previously announced private offering by HLF Financing SaRL, LLC and Herbalife International, Inc., each a wholly owned subsidiary of the Company, of $800 million aggregate principal amount of 12.25% senior secured notes due in April 2029 ("2029 Secured Notes"). In addition, the Company entered into a $400 million senior secure

    LOS ANGELES, April 10, 2024--Herbalife, a premier health and wellness company, proudly announced a five-year alliance with the Mexican Olympic Committee (COM) to improve the Committee’s training programs and facilities, helping Mexican athletes in their preparation for national, international, and Olympic competitions. To launch support for the partnership, Herbalife hosted five athletes from Mexico’s wrestling team and their trainer on April 8-12, 2024 at Proactive Sports in Westlake Village, C

    Shares of health and wellness products company Herbalife (NYSE:HLF) fell 7.1% in the morning session after as major indices pulled back and yields soared after the Bureau of Labour Statistics reported CPI (Consumer Price Index - a gauge of the average price consumers pay for goods and services) for the month of March 2024 that came in slightly hotter than expected at 3.5% year on year (versus analysts expectations for 3.4%). According to the report, shelter and gasoline prices contributed more t

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    LOS ANGELES, April 06, 2024--Herbalife Ltd. (NYSE: HLF) (the "Company"), a premier health and wellness company, community and platform, today announced it is in the process of completing its previously announced $1.2 billion secured refinancing, which is expected to include a $400 million, 5-year senior secured Term Loan B facility. In addition, the Company intends to refinance its current $330 million senior secured revolving credit facility maturing in March 2025, with a $400 million, 4-year s