Bill Ackman's Attacks on Herbalife in 90 Seconds

July 22 (Bloomberg) -- Hedge-fund manager Bill Ackman tried to convince investors in a presentation Tuesday that the seller of weight-loss shakes is guilty of fraud. Here are highlights of his remarks. (Source: Bloomberg)

Monte Dei Paschi Seeks Plan Approval
20:30 - Banca Monte dei Paschi di Siena SpA Chief Executive OfficerMarco Morelli may present the bank’s board on Monday with a new business plan targeting more than 1 billion euros ($1.1 billion) in annual profit by 2019, daily Il Messaggero reported. Morelli, who took over last month, is seeking to raise 5 billion euros and the bank has said it’s readying a third share sale in two years, as well as preparing to offload 28 billion euros of bad loans. Aberdeen Asset Management Senior Investment Manager Ben Ritchie discusses the outlook for European banking with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."
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