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Herbalife CFO John DeSimone said in an interview with CNBC that investors should not read anything into the departure of Leroy Barnes as the firm's audit board chair.
"Leroy is ingrained in this company," DeSimone said on CNBC's "Halftime Report." "He's been a board member for 10 years."
Shares of Herbali...Read More
Herbalife (HLF) is down 14% this morning after the company issued their second consecutive earnings miss and guided down the current quarter eps and sales estimate (Per Bloomberg: Sees 4Q adj EPS $1.30-$1.40, est. $1.69; sees 4Q sales down 5%-8%, est. up 8%). At the moment, the decline is slightly shy of the options market’s 15% implied move, but inline with the...Read More
In December 2012, Hedge fund investor Bill Ackman painted a huge bull's-eye on the back of Herbalife, labeling the Los Angeles nutritional supplements company an illegal pyramid scheme and placing a $1-billion short bet against its shares.
Ackman supported his bet with a 334-slide PowerPoint presentation that eviscerated the company in heroic detail. Whether ...Read More
LOS ANGELES—Herbalife Ltd., the global marketer of protein shakes and nutritional supplements, has agreed to settle a putative class-action lawsuit originally filed in California by a former distributor who claimed the company was a pyramid scheme.
The 34-year-old company arranged to set aside USD $15 million in cash for affected distributors and other expe...Read More
SALT LAKE CITY, Oct 29, 2014 (GLOBE NEWSWIRE via COMTEX) --
LifeVantage Corporation LFVN, -1.52% announced today that it will release financial results for its first quarter ended September 30, 2014, after the market closes on Thursday, November 6, 2014. The Company will hold an investor conference call at 2:30 p.m. Mountain Standard Time (4:30 p.m. Eastern Stand...Read More
COPPELL, Texas, Nov 04, 2014 (BUSINESS WIRE) -- Mannatech, Incorporated(NASDAQ: MTEX), the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, today announced financial results for its third quarter ended September 30, 2014...Read More
Mary Kay Independent Sales Director Debra Self Smith of Fayetteville has earned the use of a new Chevy Cruze as a result of her outstanding achievements in her Mary Kay business.
Smith took delivery of the new Chevy Cruze, her first Mary Kay career car, at Carriage Chevrolet, Fayetteville.
Mary Kay independent sales force members earn the use of ...Read More
NEW YORK (AVAFIN) -- Nu Skin Enterprises witnessed an unusual number of call and put contracts exchanging hands during the busy trading session versus the average 10-day contract volume . There were 0.3 call contracts traded for every put contract yielding a 2.90 put/call ratio.
Investors use options to manage risk and to speculate on price changes. Options can p...Read More
Nu Skin Enterprises Inc. (NUS) is set to report third quarter 2014 results on Nov 5 before the market opens. Last quarter, it posted a negative earnings surprise of 11.72%. Let's see how things are shaping up for this announcement.
Factors to Consider This Quarter
Multi-level marketer Nu Skin gets more than a third of its total revenue ...Read More
Oriflame Cosmetics SA (ORI)’s Russian sales stabilized in the third quarter after the beauty products retailer made changes to a compensation plan for sales representatives in the country. The stock rose the most in more than a decade.
Revenue in Russia rose 1 percent at local currency rates in the three months through September, the Luxembourg-based compan...Read More
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