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Wayne Ellis

Herbalife Shares Soar – Short Seller Sours

Herbalife (HLF), the nutrition supplement company, saw its shares return to near 52-week highs after its new auditor — PricewaterhouseCoopers — finished scrutinizing its financials from 2010 – 2013.

Economists Turn to Magic 8-Ball for Cause of Malaise

It seems economists in the United States may be consulting their own “Magic 8-Ball” to figure out why the American economy isn’t stronger.

[Marriner S. Eccles Federal Reserve Board Building]

Groundhog Day in December: World Awaits Fed, Again

It is like a scene from the Bill Murray movie, Groundhog Day. Every month, the same thing happens: world markets almost come to a standstill awaiting word from the Federal Reserve on when tapering of U.S. monetary stimulus will begin.

U.S. Oil and Natural Gas Marching to its Own Beat

The Energy Information Administration (EIA) announced Monday that U.S. production of oil and natural gas should continue at its robust pace at least through 2016

Christmas Comes Early for Boeing Investors

Investors holding shares of Boeing (BA) received an early Christmas present in mid-December, when the company announced a $10 billion share buyback and a dividend increase of 50 cents.