investigation
From The Press
Apple Inc. (AAPL) May Face $8 Billion Tax Bill in European Probe
Apple Inc. (NASDAQ:AAPL), the world’s company by market capitalization, may face more than $8 billion tax bill in connection with the investigation of the European Commission regarding its tax policies, according to Bloomberg.
Matt Larson,...
From The Press
Congress to Ask Valeant Pharmaceuticals CEO to Testify in a Hearing over Drug Pricing
Mike Pearson, the CEO of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) will be asked by Democrats to testify during a Congressional hearing on drug pricing according to Bloomberg based on information from a staff member...
Business
European Commission Probes Apple Inc. (AAPL) Tax Break in Ireland
The European Commission’s chief Joaquin Almunia opened investigations regarding the tax rulings of three countries on corporate income tax to find out whether they are consistent with the state aid rules mandated by the...
Business
Herbalife Ltd. (HLF) Stops Dividend, but Accelerates Stock Buyback
Herbalife Ltd. (NYSE:HLF) reported first quarter earnings results that outperformed the consensus estimate of Wall Street analysts despite ongoing regulatory investigations in connection with allegations that it is operating a pyramid scheme.
The seller of...
Business
Herbalife Ltd. (HLF) Hit With a New Probe from Illinois Atty. General
Herbalife Ltd. (NYSE:HLF), the multilevel marketing (MLM) company that sells nutritional and weight loss products accused of operating a pyramid scheme by activist investor Bill Ackman and a number of Latino activist groups continues...
Business
Herbalife Ltd. (HLF) Plummets 14 Percent on Word of DOJ, FBI Criminal Probe
The stock price of Herbalife Ltd. (NYSE:HLF), the multilevel marketing company that sells nutritional and weight loss products plummeted nearly 14% to $51.48 per share on report that the United States Department of Justice...
Business
Herbalife Ltd. (HLF) Shares Drop 7 Percent over FTC Investigation
The stock price of Herbalife Ltd. (NYSE:HLF) dropped more than 7% to $60.57 per share after its disclosure that the Federal Trade Commission (FTC) launched a civil investigation against it.
The trading of the shares...
Business
Nu Skin Enterprises, Inc. (NUS) Plunges as China Probes Alleged Pyramid Scheme
The shares of Nu Skin Enterprises Inc (NYSE:NUS) plummeted significantly on Thursday on report that the Chinese government is investigating the business operations of the multilevel marketing company (MLM) due to allegations that it...
