Herbalife International News
Npros MLM
/ Network Marketing News Archive
September 2008
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Herbalife Distributor Sues UpLine |
In an unprecedented legal action, Dietary Supplement Safety Committee Co-Founder Christopher Grell, has expanded the scope of a recently filed law suit against Herbalife Ltd. (NYSE: HLF | Quote | Chart | News | PowerRating) in which the company has been accused of fraud and product negligence by add...
Source: Trading Markets
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Herbalife Distributor Sues UpLine |
Posted 6/19/2008
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Herbalife Sued |
The Law Offices of Christopher Grell have filed a lawsuit against Herbalife Ltd. NYSE: HLF in the Superior Court of the State of California (case BC392373, dept. 48) today on behalf of a 29-year-old woman who acquired acute liver problems after taking Herbalife products.The lawsuit, which also na...
Source: PR Newswire
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Herbalife Sued |
Posted 6/19/2008
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Plaintiffs Lawyer Tests Herbalife Products for Lead |
Attorney Christopher Grell ordered lab tests on behalf of his client on three popular Herbalife (NYSE: HLF) daily regiment vitamin products that were initially tested by the Fraud Discovery Institute.On May 19th the Fraud Discovery Institute released the findings on 6 of Herbalife’s most popular...
Source: CNNMoney.com
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Plaintiffs Lawyer Tests Herbalife Products for Lead |
Posted 6/16/2008
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Herbalife Gives to Instanbul Charity |
Children from Istanbul's AIP, Urgent Need Project Foundation (UNPF), ran side by side with Herbalife independent distributors and employees in a fun run to celebrate the opening of a Casa Herbalife program at the center. The grant will allow UNPF to help provide healthy meals and nutritional educati...
Source: PR-Inside.com
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Herbalife Gives to Instanbul Charity |
Posted 6/9/2008
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Herbalife Confirms Resume Error |
Herbalife Ltd. stated Thursday night its President and Chief Operating Officer did not fully complete a MBA degree as it is stated in his biography.It was confirmed by officials at California State University, Los Angeles that Gregory L. Probert was enrolled in the MBA program in the 1980's but h...
Source: International Business Times
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Herbalife Confirms Resume Error |
Posted 4/29/2008
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Herbalife Hits New Stock High |
Herbalife (HLF) gapped open higher and has continued to climb throughout most of the first hour and a half of trading. The stock is adding onto a strong of gains that began on Monday and is at a new high, up 91 cents at $50.19.Genzyme Extends Multi-Week Upswing [GENZ] Genzyme (GENZ) gapped open...
Source: RTT News
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Herbalife Hits New Stock High |
Posted 4/8/2008
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Herbalife Directory Buys Stock |
A director of Herbalife Ltd., which sells weight-management and nutritional supplement products, bought 5,000 shares of stock, according to a Securities and Exchange Commission filing Friday.In a Form 4 filed with the SEC, Hal Gaba reported he bought the shares for $44.90 apiece on Wednesday. I...
Source: Houston Chronicle
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Herbalife Directory Buys Stock |
Posted 3/12/2008
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Herbalife SVP Exercises Options |
A senior vice president of Herbalife Ltd., which sells nutritional supplements and weight loss products, exercised options for 28,900 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Thursday.In a Form 4 filed with the SEC, Thomas Z...
Source: Forbes
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Herbalife SVP Exercises Options |
Posted 2/25/2008
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Herbalife and AYSO Announce Breakthrough Agreement |
AYSO and Herbalife Announce Breakthrough Sponsor AgreementThe American Youth Soccer Organization and Herbalife Ltd. (NYSE:HLF), a global nutrition and direct selling company, announced a first-ever four-year agreement that makes Herbalife the Official Nutrition Advisor and Official Health and Wel...
Source: Press Release
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Herbalife and AYSO Announce Breakthrough Agreement |
Posted 1/23/2008
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Herbalife Announces Fourth Quarter Earnings |
Herbalife Ltd. Announces Fourth Quarter and Full Year 2007 Earnings Release Date and Investor CallHerbalife Ltd. will release its fourth quarter and full year 2007 financial results after the close of trading on the NYSE on Tuesday, February 26, 2008. The following day, Wednesday, February 27, 20...
Source: Trading Markets
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Herbalife Announces Fourth Quarter Earnings |
Posted 1/9/2008
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Herbalife to Host First Investor Conference |
Kelly Hough started dieting at 13. One at a time, she moved through a sea of options: Jenny Craig, NutriSystem, Slim.Fast, Herbalife, the Cabbage Soup Diet, and, most recently, Atkins.Last month at Whole Foods, her approach was different. Zipping up the produce aisle, Hough grabbed a plastic-wrap...
Source: WELT ONLINE
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Herbalife to Host First Investor Conference |
Posted 11/28/2007
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Herbalife Boosts 2007 Earnings Outlook |
NEW YORK (Associated Press) - Herbalife Ltd., which sells nutritional supplements and weight loss products, boosted its fiscal 2007 earnings guidance on Tuesday, after reporting that profit spiked 83 percent in the third quarter to top expectations.Herbalife now expects 2007 earnings per share be...
Source: CNNMoney.com
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Herbalife Boosts 2007 Earnings Outlook |
Posted 11/12/2007
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Herbalife Brews up New Protein Shake |
Herbalife Ltd. (NYSE:HLF), a global nutrition and direct-selling company, launched a new flavor of its flagship nutritional shake, Cafe Latte Formula 1 Nutritional Shake Mix. When combined with eight ounces of nonfat milk, the cafe latte protein shake is only 180 calories, and is a healthy altern...
Source: Business Wire
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Herbalife Brews up New Protein Shake |
Posted 10/31/2007
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New GM For Herbalife in the Philippines |
Herbalife Ltd. (NYSE: HLF) announced the appointment of Enrico Garcia as general manager of its business in the Philippines. Garcia is a seasoned sales executive with an extensive resume in direct selling and retail sales. He comes to Herbalife from Nikken Philippines Inc., a direct selling compa...
Source: Business Wire
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New GM For Herbalife in the Philippines |
Posted 10/18/2007
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Herbalife Foundation Opens Program in Zambia |
The Sara Rose Children Foundation, Inc. received a grant from Herbalife Family Foundation’s Casa Herbalife program to improve its ability to serve healthier food to children living in its new facility in Kitwe, Zambia. In response to the growing number of orphans and abandoned children affected b...
Source: dBusinessNews Los Angeles
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Herbalife Foundation Opens Program in Zambia |
Posted 10/8/2007
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Herbalife Increases Buyback Plan |
Herbalife Ltd., which sells nutritional supplements, said Thursday its board of directors authorized an increase of $150 million to its share repurchase plan.The increase raises the total authorized amount of shares available for repurchase to $450 million. To finance a portion of the program,...
Source: Forbes
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Herbalife Increases Buyback Plan |
Posted 8/27/2007
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Herbalife Receives Additional Access in China |
Herbalife Ltd. (HLF) , a global nutrition direct-selling company, announced today that it has received a direct-selling license from China's Ministry of Commerce to conduct business throughout the entire Jiangsu province. In March 2007, the company received permission to conduct business in just two...
Source: NPIcenter
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Herbalife Receives Additional Access in China |
Posted 7/16/2007
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Herbalife Appoints New Manager for Indonesia |
Herbalife Ltd. (NYSE:HLF) has hired Agung Karso Sardjono as general manger of its Indonesia operations, responsible for expanding the company’s operations and working closely with its distributor leadership. He will report to Vice President, Southeast Asia Edi Hienrich. Sardjono has 17 years of d...
Source: Business Wire
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Herbalife Appoints New Manager for Indonesia |
Posted 6/30/2007
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Herbalife SVP Sells 22500 Shares |
A senior vice president of nutritional supplement company Herbalife Ltd. exercised options for and then sold 22,500 shares of stock, according to a Securities and Exchange Commission filing Tuesday.In a Form 4 filed with the SEC, Sergio Medina Gomez, senior vice president for Mexico and Central A...
Source: MSN Money
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Herbalife SVP Sells 22500 Shares |
Posted 6/3/2007
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Herbalife Appoints New Regional Managing Director |
Mendizabal brings a stellar consumer marketing background to Herbalife based upon best practices developed throughout her career. She joins the company from Johnson & Johnson Consumer Mexico, where she served as general manager of the company’s consumer division. Under her leadership, the company ac...
Source: BUSINESS WIRE
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Herbalife Appoints New Regional Managing Director |
Posted 5/26/2007
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Herbalife Says Acquisition Talks Ended |
Herbalife Says Acquisition Talks With Whitney Ended April 9 (Bloomberg) -- Herbalife Ltd., a seller of nutritional and weight-loss supplements, said talks about a sale to its largest shareholder Whitney & Co. ended. A special committee set up to consider an offer was disbanded, Herbalife said t...
Source: Bloomberg
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Herbalife Says Acquisition Talks Ended |
Posted 4/13/2007
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Investment Group Pulls Herbalife Offer |
Investment group pulls its offer for HerbalifeAn investment group whose bid for Century City-based Herbalife Ltd. was rejected said Friday that it was withdrawing the $2.7-billion offer — and that it might sell the Herbalife shares it owns or buy some more. J.H. Whitney & Co., which owns about...
Source: LA Times
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Investment Group Pulls Herbalife Offer |
Posted 4/2/2007
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Herbalife buy estimates raised |
NEW YORK, March 26 (newratings.com) - Analysts at Wedbush Morgan maintain their "buy" rating on Herbalife Ltd (ticker: HLF), while raising their estimates for the company. The 12-month target price is set to $47.In a research note published this morning, the analysts mention that the company has...
Source: newratings.com
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Herbalife buy estimates raised |
Posted 3/26/2007
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Herbalife Awards 30 Million in Distributor Bonuses |
First Humanitarian Award Presented by Herbalife Family Foundation LOS ANGELES--(BUSINESS WIRE)--Over 3,000 Herbalife independent distributors gathered for the 2006 Mark Hughes Bonus Awards where Herbalife distributed $30 million in year-end bonuses, the largest pool ever, to its top achievers t...
Source: Business Wire
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Herbalife Awards 30 Million in Distributor Bonuses |
Posted 3/26/2007
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Herbalife to enter Chinese direct sales market |
International dietary supplements marketer Herbalife said it has received its direct-selling license from China's Ministry of Commerce, following a period when the government prohibited direct sales companies.The global direct marketing company sells weight-management, nutritional supplements and...
Source: Staff Reporter
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Herbalife to enter Chinese direct sales market |
Posted 3/23/2007
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Herbalife Foundation Provides Childrens Grant |
LOS ANGELES--(BUSINESS WIRE)--A grant to establish a Casa Herbalife program at Po Leung Kuk in Hong Kong has been given by the Herbalife Family Foundation (HFF). The Casa Herbalife program, created in 2005, works with existing charitable organizations around the world to help provide healthy and...
Source: BUSINESS WIRE
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Herbalife Foundation Provides Childrens Grant |
Posted 3/13/2007
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Herbalife 4Q Profit Jumps 39 Percent |
Herbalife Ltd., which sells nutritional supplements and other weight management products, said Monday its fourth-quarter profit grew 39 percent on stronger sales worldwide.Quarterly earnings rose to $41.7 million, or 56 cents per share, from $30 million, or 41 cents per share, in the prior-year p...
Source: Npros.com
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Herbalife 4Q Profit Jumps 39 Percent |
Posted 3/3/2007
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Herbalife Statement in Iceland |
From Borre Gjersvik, Nordic Director, Herbalife: Herbalife products have been sold in Iceland for the past seven years with the full approval of all the appropriate regulatory authorities and we have ongoing dialogue with the State Drug Inspectorate (SDI). Consumer confidence in the safety and...
Source: Iceland Daily News
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Herbalife Statement in Iceland |
Posted 2/10/2007
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Herbalife Hires Goldman Sachs After Bid |
According to the Los Angeles Business Journal, Herbalife has hired Goldman Sachs after the recent aquisition bid made for the company stock.'Herbalife Ltd. has retained financial and legal advisers to help it review an acquisition proposal by private equity firm Whitney V LP – the first ...'...
Source: Los Angeles Business Journal
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Herbalife Hires Goldman Sachs After Bid |
Posted 2/10/2007
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Group Makes Official Herbalife Bid |
Group has made an official bid for Herbalife Ltd.LOS ANGELES-- A private investment group that owns more than a quarter of Herbalife Ltd., the direct seller of nutritional and weight-loss supplements, has made a bid for the entire company, Herbalife said Friday. J.H. Whitney & Co., which took H...
Source: Belleville News
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Group Makes Official Herbalife Bid |
Posted 2/8/2007
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Herbalife Stock Soars on Buy Offer |
SAN FRANCISCO (MarketWatch) -- Shares of Amazon.com Inc. were active Friday evening as investors continued to digest the company's quarterly results, while shares of Herbalife Ltd. shot up 18% after the nutritional supplement maker said that it has received a buyout offer.Shares of Herbalife jump...
Source: MarketWatch
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Herbalife Stock Soars on Buy Offer |
Posted 2/4/2007
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Herbalife Investor Bids for Firm |
J.H. Whitney & Co.'s offer values the maker of nutritional supplements at $2.7 billion. It already owns 27% of the shares.A private investment group that owns more than a quarter of Herbalife Ltd., the Century City-based direct seller of nutritional and weight-loss supplements, has made a bid for...
Source: Herbalife
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Herbalife Investor Bids for Firm |
Posted 2/4/2007
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Herbalife Moving to Downtown LA |
Herbalife to move downtownHerbalife Ltd. said Wednesday that it would move its U.S. headquarters to downtown Los Angeles from Century City in 2008, giving a boost to downtown and the L.A. Live project. The maker of nutritional supplements and weight management products will be one of the anchor...
Source: Npros.com
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Herbalife Moving to Downtown LA |
Posted 11/16/2006
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United Thera and Herbalife Settle Suit |
SILVER SPRING, Md. — United Therapeutics Corp., a biotechnology company, said Monday its subsidiary Unither Pharma Inc. settled a three-year-old patent dispute with nutritional supplements maker Herbalife Ltd.Financial terms of the settlement were not disclosed. United Therapeutics said under t...
Source: Chron.com
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United Thera and Herbalife Settle Suit |
Posted 11/13/2006
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Herbalife Launches Best Defense |
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE:HLF), a global nutrition direct-selling company, is launching Best Defense™, an effervescent tablet that boosts the body’s immune system. The dietary supplement contains a powerful combination of echinacea, standardized as 15 percent polysacchari...
Source: Press Release
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Herbalife Launches Best Defense |
Posted 10/24/2006
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Herbalife Q2 Earnings Surge |
Herbalife Q2 Earnings Surge 60% Buoyed By Strong Sales - Update
(RTTNews) - Wednesday after the bell, Herbalife Ltd. (HLF | charts | news | PowerRating) announced second quarter results , reporting earnings that rose from last year, attributable to double-digit net sales growth and lower interes...
Source: Trading Markets
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Herbalife Q2 Earnings Surge |
Posted 8/5/2006
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Herbalife says may refinance credit facility |
LOS ANGELES, June 27 (Reuters) - Nutritional supplement company Herbalife Ltd. (HLF.N: Quote, Profile, Research) said on Tuesday it is considering refinancing with a new senior secured credit facility.If the refinancing is consummated, some of the proceeds may be used to repay or redeem substanti...
Source: Reuters
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Herbalife says may refinance credit facility |
Posted 6/28/2006
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Herbalife Feeling Much More Fit |
Nutritional Supplement Seller Feeling Much More Fit These DaysAfter years of controversy, bad publicity, legal problems — even tragedy — Herbalife (HLF) seems to have put its worst days behind it. The direct seller of everything from nutritional supplements to skin lotions has posted three stra...
Source: Investor.com
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Herbalife Feeling Much More Fit |
Posted 6/17/2006
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Herbalife Sponsors LA Riptide |
Herbalife Announces Sponsorship of Lacrosse's New L.A. Riptide; Agreement Furthers Company's Strategy to Align with Sports and Provide Sampling Opportunities to Independent DistributorsLOS ANGELES--(BUSINESS WIRE)--June 1, 2006--Herbalife Ltd. (NYSE:HLF) continues its presence on the sport...
Source: Business Wire
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Herbalife Sponsors LA Riptide |
Posted 6/5/2006
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Herbalife Adds Uk Sports Specialist |
Herbalife Adds UK Sports Specialist Ralph Rogers, M.D., Ph.D. FECSS, FACSM FFSEM (RCSI) to Medical Advisory Board
2006-05-18 - Herbalife Ltd. LOS ANGELES, May 18, 2006 (BUSINESS WIRE) -- Herbalife Ltd. (HLF) has expanded its Medical Advisory Board (MAB) with the addition of Ralph Rogers, M.D., P...
Source: NPI
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Herbalife Adds Uk Sports Specialist |
Posted 5/19/2006
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Herbalife Announces Record 1Q Sales |
Herbalife Ltd. Announces Record First-Quarter Net Sales; Company Raises Full Year Earnings Per Share Guidance LOS ANGELES--(BUSINESS WIRE)--May 3, 2006--Herbalife Ltd. (NYSE:HLF) today reported record first-quarter net sales of $455.8 million, an increase of 22.5 percent compared to the same peri...
Source: Business Wire
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Herbalife Announces Record 1Q Sales |
Posted 5/7/2006
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Herbalife Names Colombe M Nicholas to Board of Directors |
Herbalife Names Colombe M. Nicholas to Board of Directors
LOS ANGELES--(BUSINESS WIRE)--May 4, 2006--Herbalife Ltd. (NYSE:HLF) today announced the appointment of Colombe M. Nicholas to its board of directors at its 2006 annual shareholders meeting. Nicholas joins 10 current members of the Board, w...
Source: Business Wire
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Herbalife Names Colombe M Nicholas to Board of Directors |
Posted 5/5/2006
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Herbalife Opens New Offices |
Herbalife Opens New Offices in Mexico, Spain, Holland and South Africa
LOS ANGELES--(BUSINESS WIRE)--May 4, 2006--Herbalife Ltd. (NYSE:HLF) announced the opening of new corporate facilities in Guadalajara, Mexico; Barcelona, Spain; Utrecht, Holland; and Cape Town, South Africa. The expansion is in...
Source: Business Wire
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Herbalife Opens New Offices |
Posted 5/5/2006
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Herbalife Establishes Casa Herbalife in Mexico |
The Herbalife Family Foundation (HFF) established its first Casa Herbalife in Mexico today at Albergue Infantil Los Pinos, a non-profit organization that provides social services to disadvantaged children, in Guadalajara.
This is the 11th Casa Herbalife program established around the world.Alber...
Source: Finanzen.net
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Herbalife Establishes Casa Herbalife in Mexico |
Posted 4/25/2006
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Herbalife Sponsors California Events |
Herbalife Sponsors Series of Events in California; Company Signs Two Los Angeles Galaxy Players LOS ANGELES--(BUSINESS WIRE)--April 19, 2006--Herbalife Ltd. (NYSE:HLF) announced a series of new sponsorships in southern and northern California. The company's sponsorship strategy is to enhance the...
Source: Npros.com
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Herbalife Sponsors California Events |
Posted 4/20/2006
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Herbalife Ltd. Announces First Quarter 2006 Earnings |
Herbalife Ltd. Announces First Quarter 2006 Earnings Release Date and Conference Call
LOS ANGELES--(BUSINESS WIRE)--April 6, 2006--Herbalife Ltd. (NYSE:HLF) will release its first quarter 2006 financial results after the close of trading on the NYSE on Wednesday, May 3, 2006. The following day, Th...
Source: Business Wire
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Herbalife Ltd. Announces First Quarter 2006 Earnings |
Posted 4/7/2006
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