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Stock Market & Financial Investment News

News Breaks
January 30, 2014
07:27 EDTGNCGNC Holdings recent share pullback unjustified, says Jefferies
Jefferies believes the recent pullback in shares of GNC Holdings is unjustified since the company does not carry the holiday risk of other retailers and its new Gold Card should drive comps in 2014. The firm recommends buying shares at current levels and keeps a Buy rating on GNC with a $68 price target.
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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