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Stock Market & Financial Investment News

News Breaks
May 7, 2014
05:41 EDTGNCGNC Holdings downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded GNC Holdings to Hold citing the company's lowered outlook for FY14. The firm dropped its price target for shares to $40 from $55.
News For GNC From The Last 14 Days
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October 30, 2014
07:33 EDTGNCGNC Holdings backs FY14 adjusted EPS $2.85, consensus $2.84
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07:32 EDTGNCGNC Holdings reports Q3 retail segment revenue down 1.4% to $480.7M
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07:31 EDTGNCGNC Holdings reports Q3 adjusted EPS 75c, consensus 74c
Reports Q3 revenue $656.3M, consensus $666.08M; Reports Q3 SSS down 6.9%.
October 29, 2014
15:41 EDTGNCNotable companies reporting before tomorrow's open
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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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