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Herbalife to reassure investors
Herbalife Ltd., battling a billionaire investor's bet that its stock will tank, is expected to reassure shareholders at the company's annual meeting Thursday that the Los Angeles nutritional products maker is a strong, healthy, legitimate operation. The...
Tags: Business Enterprises, KPMG, Justice System, Carl Icahn, Economy, Business and Finance
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Herbalife is rocked by new crisis
This was the last thing Herbalife Ltd. needed. Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....Tags: Manhattan (New York City), Carl Icahn, Stock Market, Skechers USA Incorporated, NYSE Euronext, Inc.
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T. Rowe Price profit rose 22 percent in first quarter
T. Rowe Price Group reported Wednesday that profit rose 22 percent in the quarter from a year ago to $241.9 million, buoyed by an uptick in the market that pushed assets under management to a new record. The Baltimore-based money manager earned 91...
Tags: Finance, T. Rowe Price, Economy, Business and Finance, James A.C. Kennedy, Earnings Forecasts
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Fired KPMG auditor can't explain 'lapse of judgment'
Scott London, a Los Angeles partner in one of the nation's largest accounting firms, says it began four years ago. By his account, a friend with money trouble was poking around for information on Herbalife Ltd. and Skechers USA Inc., two Los Angeles-...Tags: Insider Trading, Justice System, Economy, Business and Finance, Fraud, Corporate Crime
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Price discusses ETFs and tax policy at annual meeting
After T. Rowe Price executives recapped last year's highlights at Tuesday's annual meeting, a shareholder raised concerns about the loss of a top money manager, competition from exchange-traded funds and an Obama Administration tax proposal that could...
Tags: Finance, Personal Finance, T. Rowe Price, Annual and Special Corporate Meetings, Economy, Business and Finance
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Martinovich trial: When does a gambling 'loss' have to be listed?
NEWPORT NEWS — When you're gambling, when do you have a "loss"? Is it when you're down after a single hand at, say, blackjack? Or is it after a day or a trip? Or several trips? The answer to that question — or at least how a jury sees it...
Tags: Lawyers, Justice System, Prosecution, Bankruptcy, MICG Investment Management
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Investor tapes meeting with hedge fund manager
A retired small businessman who invested in a hedge fund managed by a man now facing federal fraud charges told the courtroom he taped a meeting in case of future litigation. The trial of former MICG Investment Management head Jeffrey A. Martinovich,...Tags: MICG Investment Management, Trials, Litigation
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Obama: Sequestration demands a compromise
President Barack Obama made a late appeal for compromise to stave off across-the-board cuts Tuesday in a speech at Newport News Shipbuilding. He called sequestration – the budgetary term for the cuts – an ugly word, and an even uglier...
Tags: Justice System, Shipbuilding, Newport News (Newport News, Virginia), Elections, U.S. Senate
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Reality check on Florida's housing recovery
"Florida is on fire," proclaimed a real estate newsletter that came my way recently. It heralded new and apparently better days for the state's homebuilding industry, which was decimated when the housing bubble burst. Florida was one of four so-called...Tags: Housing Industry, Property, Real Estate, Economy, Business and Finance, Auction Service
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Herbalife is global giant with business model in question
Stock spotlight is a new weekly feature that will profile a notable, public company. -------------------- FOR THE RECORD: Herbalife: A caption for a photo with the Stock Spotlight column in the Feb. 25 Section A said customers were participating in an...
Tags: Physical Fitness and Exercise, Carl Icahn, U.S. Securities and Exchange Commission, Stock Market, Nutrition
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|Story
Tags: IBM, American Express Company, Economy, Business and Finance, House Building, Apple iPhone
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Take the monthly pension payment
Q: I am 65 and getting ready to retire with a pension plan. Should I take a lump sum or a monthly payment? We have other resources available, Social Security and my husband's pension. — D.M., Orlando A: You should consider whether you think you...
Tags: Personal Finance, Pension and Welfare, Financial Planning, Interior Policy, Politics
Apr 25, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 24, 2013
|Story| Baltimore Sun
Apr 10, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Baltimore Sun
Apr 23, 2013
|Story| Hampton Roads Daily Press
Apr 23, 2013
|Story| Daily Press
Feb 26, 2013
|Story| Hampton Roads Daily Press
Mar 15, 2013
|Column| Chicago Tribune
Feb 25, 2013
|Story| Los Angeles Times
Mar 5, 2013
|Story| AP Member Choice Limited
Mar 3, 2013
|Column| Orlando Sentinel
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