Sr. Correspondent, Broker Research, Bangalore, India
Saqib's Feed
Oct 8, 2014
Oct 8, 2014

Herbalife options attract bearish bets

NEW YORK (Reuters) – Herbalife Ltd (HLF.N: Quote, Profile, Research, Stock Buzz) options attracted some bearish bets on Wednesday, a day after a news report that said the U.S. Federal Trade Commission may take disciplinary action against the nutritional products maker, whose distribution model has been the subject of controversy.

Fox Business Network reported on Tuesday that Herbalife executives told investors that the FTC may move against it, but was unlikely to shut it down.

Oct 8, 2014
Oct 8, 2014
Oct 8, 2014
Oct 7, 2014
Oct 7, 2014
Oct 7, 2014
Oct 7, 2014

Larger-than-usual move for Alcoa shares expected after results

NEW YORK (Reuters) – Alcoa Inc’s shares are expected to move nearly twice as much as they have following other recent earnings reports when the aluminum producer reports third quarter financial results on Wednesday.

Shares of Alcoa, which have risen about 51 percent for the year-to-date, were up about 1 percent at $16.12 on Tuesday.

Oct 6, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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