WebMD’s Outlook Improves on Sales and Herbalife Denies Awareness of Criminal Probe
Herbalife Ltd. (NYSE: HLF) announced that it has “no knowledge of any ongoing investigation by the DOJ or the FBI” and that it has “not received any formal nor informal request for information from either agency.” Recently Herbalife was in the middle of reports claiming that the Department of Justice and the Federal Bureau of Investigation were investigating Herbalife in relation to allegations made by hedge fund manager Bill Ackman.
Herbalife Ltd., a nutrition company, sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products worldwide. The company offers science-based products in four principal categories, including weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. The weight management product portfolio includes meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks.
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WebMD Health Corp. (NASDAQ: WBMD) released a first-quarter update that topped Wall Street expectations. The company reported a better-than-expected Q1. The update sparked optimism in the market over the company’s long term growth potential. WebMD said that monthly traffic to its health network spiked 32% to 174 million unique users, while page views surged 26% to 3.5 billion.
WebMD Health Corp. provides health information services to consumers, physicians and other healthcare professionals, employers, and health plans through its public and private online portals, mobile platforms, and health-focused publications in the United States. Its public portals enable consumers to obtain information on health and wellness topics or on a particular disease or condition; assess personal health status; use online trackers, tools, and quizzes; locate physicians; receive periodic e-mailed newsletters and alerts on topics of individual interest; and to participate in online communities with peers and experts.
Get more information on WebMD Health Corp. and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/WBMD
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