Herbalife Will Lower Sales Guidance Monday, Still No Comment on Executive Departures

Just weeks after issuing its guidance and “beating” estimates that would have missed estimates issued a couple of short quarters ago, Scott Wapner at CNBC reports that Herbalife is set to lower its sales guidance before market open tomorrow, Monday morning. Wapner’s exclusive, out late Sunday night, stated: Herbalife will lower its sales outlook for the […]

As Herbalife Executives Seem to Disappear, Betting on Zero Goes Viral

To open and “set the mood”, read this excerpt from Herbalife’s most recent 10-K filing. “The loss or departure of any member of our senior management team could adversely impact our Member relations and operating results. If any of these executives do not remain with us, our business could suffer. Also, the loss of key personnel, […]

Herbalife Documentary Financier Revealed – And It’s Not Bill Ackman

Herbalife had insinuated in a series of public comments that Bill Ackman may have been behind the financing of critical documentary “Betting on Zero” Ackman and Pershing Square have denied financing the film and Director Ted Braun has stated the same as well as publicly reiterated his commitment to creating an objective look at the saga CNBC’s […]

Betting on Zero: World Premier First Review

I’m glad I don’t work in Herbalife’s PR department. While “Betting on Zero” is not a decidedly anti-Herbalife movie from the onset, its ability to profile real victims, the Wall Street story and the simple truth about the company’s business practices could be absolutely devastating to Herbalife if the film is picked up and distributed on a national scale. And […]