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UPDATE 2-Herbalife raises 2013 forecast amid clash of fund titans
Reuters: Financial Services and Real Estate
Tue, 19 Feb 2013
Feb 19 (Reuters) - Herbalife Ltd, the diet supplements company that has become a battleground between Wall Street titans William Ackman and Carl Icahn, raised its 2013 earnings forecast on Tuesday.
Shareholders should take note when activist investors make headlines as they have very high success rates in achieving their goals, according to 13D Activist Fund's Ken Squire.
Headlines this week revealed a new nomination but an old hat at the Treasury, a new direction for an old-line grocer, and same-old, same-old at the ECB--for now, anyway.