Company Name

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum porta libero erat. Nullam at ipsum quis felis egestas vulputate nec nec ligula.

Herbalife gives Icahn more seats, small NU Skin fine lifts stock

A Herbalife logo is shown on a poster at a clinic in the Mission District in San FranciscoNutrition and weight-loss company Herbalife Ltd said it had agreed to give three more seats on its board to billionaire investor Carl Icahn, who has supported the company as short-sellers attacked its business practices. Herbalife shares, which were up 6.8 percent in early afternoon trading, also got a boost from news that rival direct-seller NU Skin Enterprises Inc had been fined just $540,000 by Chinese regulators for illegal sales practices. NU Skin’s shares were up 18.6 percent. Herbalife shares had lost more than a third of their value since NU Skin said in January that Chinese authorities had launched probes into its business.