Thu Mar 3, 2016/Reuters By Tanya Agrawal U.S. stocks were slightly lower in late morning trading on Thursday as investors parsed a barrage of economic data and awaited the monthly jobs report. Earlier in the day, data showed weekly jobless claims rose unexpectedly, but the underlying trend continued to point […]
Tag: Herbalife
Herbalife Plans Offering of Notes to Fund Share Repurchases
Herbalife Ltd. (HLF), the vitamin maker accused by hedge fund manager Bill Ackman of being a pyramid scheme, said it will offer $1 billion in convertible senior notes and use some of the money to repurchase common shares. The initial buyers of the notes, due in 2019, will be Bank […]
