Herbalife To Revamp Business Nomenclature In 30 Days

Herbalife Ltd. (NYSE:HLF) hosted its Q1 earnings conference call today in which the executives and callers talked about Herbalife’s bad publicity and how much of an effect it had on the nutritional supplements business, which was not much according to the discussion. In response to a question from an analyst, the executives said that business is growing in the US and has suffered no significant effect from negative public comments. Herbalife’s Q1 earnings took a write down of  $9.5 million from Bill Ackman’s short which was mostly spent on legal and advisory services to combat his claims. CEO Michael Johnson expressed…