| Jun 12, 2014
| 9:27 AM
Phil Mickelson stood near the top of the leaderboard at the U.S. Open on Thursday, shooting one-under par through 13 holes of the first round, but that wasn't the only good news for the famed golfer.
In recent days, the Wall Street Journal broke a story...
| Jun 12, 2014
| 11:50 AM
PINEHURST, N.C. – Phil Mickelson would not ask for a mulligan on his Thursday.
He played even-par golf before adoring crowds in the first round of the U.S. Open, and the New York Times reported that the FBI’s insider-trading investigation...
| Mar 4, 2012
Quick quiz: How many Vegas-goers you know prefer staying downtown?
Grandma and Grandpa may have raved about 99-cent shrimp cocktails back in the day and sworn that Binion's was the only place for real gamblers, but the '80s brought the bigness and...
| Oct 26, 2012
| 8:11 AM
Specialty truck maker Oshkosh Corp. rejected a takeover bid by billionaire activist investor Carl Icahn, calling the $32.50-a-share offer “unsolicited, inadequate, highly conditional and opportunistic.”
The Wisconsin company’s board...
| Feb 13, 2012
When Motorola Inc. first came courting Greg Brown, he wasn't interested.
The year was 1998 and Brown, a division president at Ameritech in Chicago, was weighing an offer from Motorola against one from Micromuse, a publicly traded software company in...
| Mar 26, 2012
| 8:18 AM
Yahoo Inc., in an attempt to “reshape and refocus” itself, appointed three new independent directors to its board, including a top executive from American Express Co. But the move isn’t passing muster with activist investor Daniel Loeb,...
| Mar 30, 2012
| 9:19 AM
Ray Dalio of Bridgewater Associates took home $3.9 billion last year. Fellow investment kings Carl Icahn and James Simons each made off with more than $2 billion. To the average plebeian, that’s a lot of money.
But for the top 25 hedge fund earners...
| Feb 25, 2013
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...
| Apr 9, 2013
| 8:53 AM
KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme.
"KPMG stated it had concluded it was not independent because of alleged insider trading in...
| Apr 10, 2013
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....
| Apr 29, 2013
| 1:44 PM
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance.
The company reported earnings of $118.8 million, or $1.10 a share, up from...