Monday, July 29, 2013

Too Funny: Another Earnings Report, Another Dividend For Ackman to Pay (HLF)

The last number I remember for Pershing Square's short position was 20 million shares.
At 30 cents per Mr. Ackman is going to have his account whacked for $6million.
HT up front to ZeroHedge on the divvy. That's gotta hurt Ackman almost as much as Icahn thanking him for all the nice money.

Here's the press release:
Herbalife Ltd. Announces Record Second Quarter 2013 and Raises 2013 Earnings Guidance
 Second quarter adjusted(1) EPS of $1.41 increased 29 percent compared to the prior year period.
--Raising FY'13 adjusted EPS guidance to a range of $4.83 to $4.95.
--Generated $214 million in operating cash flow during the second quarter
--Board of directors approved a $0.30 per share quarterly dividend.

Earlier today HLF's hometown paper, the LA Times published this handy chart: