Okumus Fund Management is a staunch value investor, focusing on opportunities in the mid and large-cap equity space. The company currently manages an estimated $500 million with 90% and 15% long and short portfolio respectively. The third quarter SEC 13F filings of Okumus Fund Management for the period ended September 30, 2014, showed that Web.com…
Herbalife Ltd. (HLF) Update: Former FTC Commission Harbour Ready to Risk Neck For The Company, Says Confident About Company’s Products
After taking the post of Head of Compliance team for Herbalife Ltd. (NYSE:HLF), former FTC Chief was quite comfortable after a brief look at the company’s operations. Pamela Jones Harbour took the post with the troubled company, which is facing accusations of running a pyramid scheme. The appointment of the former FTC chief helped the…
Herbalife Ltd. (HLF) Strenthens Its Compliance Team With New Significant Appointment
After coming under the scanner of the Federal Trade Commission for running a pyramid scheme, Herbalife Ltd. (NYSE:HLF) has appointed former FTC official to head its compliance department. Pamela Jones Harbour, FTC Commissioner during 2003 and 2010, is said to be the senior vice president of global member compliance and privacy team for the company.…
Herbalife Ltd. (HLF) Takes A Breath With Recent News
When rumors came out on Monday that billionaire Carl Icahn was offloading his stake at Herbalife Ltd. (NYSE:HLF), the company stock went down below $39 for the first time in more than a year. However, when Fox Business’ Charles Gasparino tweeted that Icahn hadn’t sold his shares, the stock jumped up again, posting 8.31% to…
Herbalife Ltd. (HLF) and Burger King Worldwide Inc (BKW) Help Ackman Gain 30%
Bill Ackman is going to have one of his profitable years since 2009, courtesy to Burger King Worldwide Inc (NYSE:BKW) and Herbalife Ltd. (NYSE:HLF). Much can be attributed to the presentation Ackman gave in July under which he tried to expose a fraud in the structure of Herbalife Ltd. (NYSE:HLF). Despite of the failed presentation,…