Embattled Herbalife Has Another Healthy Quarter
The nutrition and weight loss supplement company is at the center of a massive fight between several very rich investors. But Herbalife continues to churn out great results.
David Einhorn
Apple Holds Shareholder Meeting; Stock Split Rumored
Apple holds its annual shareholder meeting today, and it could be a tense affair. The brand has lost some of its famed cool-factor to competitors; the stock has lost more than a third of its value in just five months. And an influential investor is pushing the company to return more cash to shareholders.
Icahn Buys Big Stake in Herbalife, Heats Up Feud With Ackman
A clash between Wall Street titans is flaring again Friday after Carl Icahn grabbed a 13 percent stake in Herbalife, a supplement company that Pershing Square Capital Management's William Ackman shorted heavily and publicly, calling it a massive pyramid scheme.
Major Investor Suing Apple Over How It's Using Its Cash
Greenlight Capital is suing Apple in federal court over attempts to eliminate preferred stock at the company. David Einhorn, who heads Greenlight, said the proposal would restrict the ability of Apple's board to unlock shareholder value. Some investors have been pushing Apple to do more with its enormous pile of cash -- $137 billion and growing.
Wall Street Watch Friday: Chipotle Gives Investors Indigestion
Chipotle Mexican Grill is getting flattened like one of its flour tortillas. The fast casual restaurant chain posted disappointing quarterly results after Thursday's market close. That's bad, but its outlook for 2013 is even less inspiring.
Hot Coffee Stocks Have Gone Cold: Is a Refill Coming?
Just a few months ago, coffee-related companies were as hot as a steaming cup of joe. Buoyant coffee bean prices, a growing consumer appetite for premium coffee, and a few company-specific events fueled a rally in the niche. But the hype has lost it caffeine buzz, and prices are way down.
3 Reasons Green Mountain Will Bounce Back
Words can move the market, especially when the person mouthing those words is legendary hedge fund manager David Einhorn. Shares of Green Mountain Coffee Roasters tumbled 10% after Einhorn revealed that he was betting against the company. Let's go over three reasons he may have sipped more than he can slurp here.
Top Stock Picks of Six Billionaire Investors
By the time the world's smartest investors tell the SEC what stocks they hold, most of the gains they were after are already priced in. But a few of the companies Warren Buffett, George Soros, and their billionaire buddies have bought into still have a lot further to rise. Which ones? Read on ...
