Los Angeles Business Journal

Herbalife Raises Profit Estimate

Thursday, January 17, 2013

Herbalife Ltd. on Thursday said that preliminary results for its fourth quarter and for 2012 were above its prior expectations, the Wall Street Journal reports. Shares of the Los Angeles nutritional supplement company, which has been engaged in a public battle over its business model, were down in early trading, possibly reflecting investor disappointment that the company didn't accelerate its stock buyback as hoped.