Saturday, 27 December 2014
Last updated 3 days ago
Jan 30 2013 | 2:38pm ET
Herbalife is taking a page out of the activist hedge fund playbook.
The nutritional supplements company, attacked by Pershing Square Capital Management's William Ackman as a "pyramid scheme," has bought at least three domain names referencing Ackman, the New York Post reports. The Web sites are not currently active, but Herbalife could use them to create a site to counter Ackman's factsaboutherbalife.com.
The domains owned by Herbalife are therealbillackman.com, billackman.net and therealackman.net. The company bought them on Jan. 18, a month after Ackman's three-hour long presentation laying out his case against Herbalife.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.