Chapman Says He Sold or Hedged Herbalife Position
Feb. 15 (Bloomberg) -- Robert Chapman, founder of Chapman Capital LLC, talks about the battle between Bill Ackman and Carl Icahn over Herbalife Ltd. and his investment strategy for the shares. Icahn reported a 13 percent stake in Herbalife yesterday, a disclosure that came almost two months after Ackman said he had sold short 20 million shares of the nutritional supplements company. Chapman speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)
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Philips CEO Expects Operational Improvements to Continue
30:34 - Royal Philips NV, the Dutch health-care equipment maker, reported second-quarter profit that rose more than expected on cost savings and said earnings will improve in the second half of the year. Adjusted earnings before interest, taxes and amortization rose 8.6 percent to 544 million euros ($596 million), the Amsterdam-based company said in a statement Monday. That beat the 519-million-euro average estimate of analysts surveyed by Bloomberg. The company kept its full-year outlook. Chief Executive Officer Frans van Houten Chief Executive Officer Frans van Houten discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."