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Stock Market & Financial Investment News

News Breaks
February 10, 2014
09:05 EDTGNCGNC Holdings checks show sales pick up after storms, says Wedbush
Wedbush said its channel checks indicate sales at GNC Holdings picked up after the snow storms, which it believes mitigated the overall impact. The firm thinks the near-term impact from weather and increased promotional activity is largely priced into GNC shares and keeps an Outperform rating on the stock.
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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