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Stock Market & Financial Investment News

News Breaks
February 14, 2013
15:26 EDTGNCGNC Holdings gaps, spikes higher, following earnings beat, better guidance
The company beat consensus earnings by 4 cents per share and raised fiscal year 2013 guidance to a range of $2.75 to $2.80 per share, versus expectations of $2.72. The stock is up over 9.8%, last at $39.50 on very heavy volume. Next resistance is at $40.34. Support is at $39.06.
News For GNC From The Last 14 Days
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October 21, 2014
09:12 EDTGNCGNC, eBay, Vivendi recommended as long ideas by Sandler, Bloomberg reports
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October 20, 2014
14:46 EDTGNCVitamin Shoppe may hire adviser amid pressure for deal, Reuters says
Vitamin Shoppe (VSI), which has been urged by activist shareholders to consider a sale, is speaking to banks and may hire a financial adviser, according to Reuters, citing people familiar with the matter. Note that Reuters previously reported on September 18 that some large Vitamin Shoppe holders have urged the company to consider a sale to rival GNC Holdings (GNC) or to a private equity buyer. That same day, The Financial Times reported that GNC was considering a possible sale after receiving attention from private equity suitors. Following this latest report from Reuters, shares of Vitamin Shoppe are up 6.7% to $45.23 in afternoon trading, while GNC shares are up over 3% to $38.88. Reference Link

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