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San Francisco :: CA :: USA | 16 hours ago

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Hedge fund manager Whitney Tilson, who runs Kase Capital, says he has "more confidence" in his Herbalife position following Bill Ackman's latest presentation.  Yesterday,  Ackman presented a 250-plus slide presentation that he had billed as a "death

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Maracaibo :: Venezuela | 1 day ago

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U.S. markets were up today after positive housing data instilled confidence in the recovering market, and geopolitical concerns remained muted. In a surprise announcement this morning, Saudi Arabia, whose stock market has been off-limits to foreign

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San Francisco :: CA :: USA | 1 day ago

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Ackman said that we "have a lot ot get through today."  The presentation is also being webcast at   www.factsaboutherbalife.com ...Ackman began by going over the backstory about Herbalife's founding. He then moved to his Herbalife "pyramid scheme"

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Santa Barbara :: CA :: USA | 1 day ago

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Botox maker Allergan Inc. said Monday that it will cut 1,500 employees, most of them in Southern California, in a cost-cutting effort the Irvine company hopes will help it fight off a hostile takeover bid by a Canadian rival. Stung by criticism that

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Los Angeles :: CA :: USA | 1 day ago

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Caption CIT Buying Onewest Bank in $3.4B Cash, Stock Deal July 22 (Bloomberg) -- Bloomberg¿s Scarlet Fu reports that CIT has agreed to purchase Onewest Bank in a $3.4 billion deal. She speaks on ¿Bloomberg Surveillance.¿ July 22 (Bloomberg) --

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Shanghai :: China | 2 days ago

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Yellen encourages 'fully-fledged equity bubble,' says Jeremy Grantham Jeremy Grantham blasts Janet Yellen and her predecessors at Federal Reserve in his latest quarterly letter...OK to hate Nobody likes to pay taxes, but these three federal taxes are

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San Francisco :: CA :: USA | 3 days ago

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Famed investor Bill Ackman has been in a long-running battle against Herbalife, a maker of health shakes. Ackman is loudly short the company, and believes the business is scam. Anyway, Value investor Whitney Tilson, who runs Kase Capital, writes that

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Singapore :: Singapore | 3 days ago

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Kirsten Grind July 21, 2014 One of Allergan Inc.'s top shareholders has sold nearly all of its holdings in the stock, leaving the Botox maker without the support of a large and long-term investor as it tries to stave off a $53 billion hostile

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St Louis :: MO :: USA | 7 days ago

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Bill Ackman sent out a letter to Allergan Inc. ( AGN ) on Wednesday, in which he chastised the company for failing to openly discuss Valeant Pharmaceutical Intl Inc.'s ( VRX ) $53 billion takeover offer. The letter also claimed that Allergan's

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Alexandria :: VA :: USA | 7 days ago

Credibility Credibility of 5

Enthusiasm about the continued success of the U.S. economy helped push the stock market higher today, with high-profile earnings reports sending the Dow to a new all-time record high. HLF     ) among the worst performers in the stock market on

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