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Stock Market & Financial Investment News

News Breaks
July 28, 2014
17:52 EDTHLF, NUS, USNA, AVP, TUPHerbalife plummets after results fall short of estimates
Shares of multi-level marketing company Herbalife (HLF) are sinking after the company's second quarter results missed analysts' consensus estimates. WHAT'S NEW: After the bell, Herbalife reported Q2 adjusted earnings per share of $1.55 and revenue of $1.3B, narrowly missing analysts' consensus estimates of $1.57 and $1.36B, respectively. WHAT'S NOTABLE: Herbalife forecast Q3 adjusted EPS of $1.49-$1.53, far below consensus of $1.62. Q3 net sales growth was seen at 9%-11%, compared to consensus of $1.36B. Despite the Q2 miss and weak Q3 profit outlook, the company raised its FY14 adjusted EPS view to $6.17-$6.32 from $6.10-$6.30, versus consensus of $6.30. The company did, however, lower its FY14 net sales growth view to 8.5%-10.5% from 10%-12%, compared to consensus of $5.38B. The company also lowered its FY14 volume point growth view to 6%-8% from 8%-10%. Herbalife noted that, "Forward guidance excludes the impact of expenses (primarily for legal and advisory services) relating to the company’s response to information put into the marketplace by a short seller, which the company believes to be inaccurate and misleading, expenses related to a FTC inquiry, and the impact of non-cash interest costs associated with the company’s convertible notes and the expenses incurred related to the effort to recover costs related to the reaudit that occurred last year." PRICE ACTION: In after-hours trading, Herbalife fell $7.66, or about 11.35%, to $59.82 on heavy trading volume. Excluding the after-hours plunge, the stock is up approximately 15% over the past twelve months. OTHERS TO WATCH: Other companies in the multi- level marketing space include Nu Skin Enterprises (NUS), Usana Health Sciences (USNA), Avon Products (AVP), and Tupperware (TUP).
News For HLF;NUS;USNA;AVP;TUP From The Last 14 Days
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October 13, 2014
09:01 EDTHLFHerbalife moving distributor websites to central control, NY Post reports
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07:15 EDTAVPNational Association of Corporate Directors to hold a conference
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06:07 EDTAVPStocks with implied volatility above IV index mean; AVP ACHN
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October 10, 2014
12:11 EDTHLFOptions with increasing implied volatility
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11:27 EDTNUSPrescott General Patrners reports 4.3% passive stake in Nu Skin
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10:55 EDTHLFHerbalife volatility increases
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10:01 EDTAVPOn The Fly: Analyst Upgrade Summary
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06:21 EDTAVPAvon Products upgraded to Neutral from Sell at UBS
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05:59 EDTAVPStocks with implied volatility above IV index mean; AVP ACHN
Stocks with implied volatility above IV index mean; Avon Products (AVP) 61, Achillion (ACHN) 200 according to iVolatility.
October 9, 2014
14:32 EDTHLFIcahn says never discussed Netflix with Tim Cook
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06:08 EDTAVPStocks with implied volatility above IV index mean; AVP ACHN
Stocks with implied volatility above IV index mean; Avon Products (AVP) 60, Achillion (ACHN) 195 according to iVolatility.
October 8, 2014
05:58 EDTAVPStocks with implied volatility above IV index mean; AVP AMD
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October 7, 2014
14:39 EDTHLFFTC probe of Herbalife seen lasting 'well into' next year, NY Post reporter says
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14:19 EDTHLFHerbalife expects discipline, but not shutdown, following FTC probe, FBN says
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13:59 EDTHLFHerbalife expects some discipline, not shutdown, from FTC, Gasparino says
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11:52 EDTAVPAvon Products volatility elevated as shares trade near 20-year low
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10:56 EDTAVPOptions with increasing implied volatility
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10:18 EDTAVPHigh option volume stocks
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06:13 EDTHLFHerbalife names ex-FTC commissioner to lead compliance group
Herbalife yesterday announced the appointment of Pamela Jones Harbour to the newly created role of SVP, global member compliance and privacy, reporting to Mark Friedman, EVP and general counsel. Harbour will develop and enhance policies and infrastructure that ensure effective education, training and mentoring programs for the nearly 4 million independent Herbalife members worldwide, underpinned by robust and consistent monitoring and enforcement procedures. In addition to her compliance responsibilities, Harbour will also coordinate the company’s global privacy and cyber security efforts. Harbour served as a Commissioner at the Federal Trade Commission from 2003-2010 and a prosecutor at the New York State Attorney General’s office for 12 years.
06:03 EDTAVPStocks with implied volatility above IV index mean; AVP MNKD
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