Herbalife Ups Profit Outlook


A healthy outlook for nutrition and weight loss company Herbalife, which has been the subject of a very public feud among activist investors. It says its fourth quarter profits and sales will be above analysts' estimates- and also confirmed its 2014 forecast. Herbalife also boosted its share repurchase program- and said it's going to raise a billion dollars through a convertible note issue. Investors liked that- the news lifting its stock- which is down 18 percent so far in 2014.