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Stock Market & Financial Investment News

News Breaks
October 22, 2013
13:39 EDTAVP, HLF, NUSNu Skin hits 52-week high after results, guidance top estimates
Shares of global direct selling company Nu Skin Enterprises (NUS) hit a new 52-week high after beating third quarter estimates and raising its full year guidance. WHAT'S NEW: This morning, Nu Skin reported Q3 EPS of $1.80 and revenue of $927.6M against analystsí consensus views of $1.41 and $798.2M. The company forecast Q4 EPS of $1.85-$1.90, and revenue of $1.02B-$1.05B. Analystsí consensus estimates were $1.63 and $899.1M, respectively. The company raised it fiscal 2013 guidance for both sales and profit. Nu Skin now expects to generate revenue of $3.18B-$3.21B this fiscal year, which is up from its prior view of $2.91B-$2.95B. WHAT'S NOTABLE: On the company's earnings conference call, CEO Truman Hunt previewed that on Thursday, at the company's global sales convention, Nu Skin will initiate a new long-term sales goal. The company will challenge its sales force to grow sales to $10B per year by 2020, according to Hunt, which compares to its prior $5 billion a year sales goal. PRICE ACTION: In afternoon trading, Nu Skin rose 5.3% to $108.14. Earlier in the session the stock made a fresh 52-week high of $119.46 and the stock is up nearly 200% year to date given today's advance. OTHERS TO WATCH: Others in the direct selling space include Herbalife (HLF), Avon Products (AVP) and Amway.
News For NUS;HLF;AVP From The Last 14 Days
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May 1, 2015
15:43 EDTHLFHerbalife May volatility elevated into Q1 and outlook
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10:03 EDTHLFHerbalife products stockpiled in Mexico, Seeking Alpha contributor says
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April 30, 2015
07:21 EDTAVPAvon Products sees FY15 adj operating margin in USD down 200 basis points YoY
Avon Products continues to expect constant-dollar revenue to be up modestly in 2015 as compared with 2014. However, based on recent foreign currency rates, revenue in reported dollars is expected to be negatively impacted by foreign currency translation, which is now expected to have an approximate 17 point negative impact vs. previous outlook of an approximate 12 point negative impact. The company now expects Constant-dollar Adjusted operating margin to be approximately 50 basis points lower than 2014. As a result, the company now expects Adjusted operating margin in reported dollars to be down approximately 200 basis points vs. 2014, due to the expected impact from foreign currency translation and IPI.
07:18 EDTAVPAvon Products reports Q1 adjusted EPS 4c, consensus 7c
Reports Q1 revenue $1.8B, consensus $1.83B.
April 29, 2015
11:44 EDTAVPAvon Products volatility elevated into Q1 and outlook
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April 28, 2015
10:19 EDTHLFPershing Square lists Herbalife, Actavis as top Q1 losers
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06:08 EDTAVPAvon may consider 'fundamental' shift in business, WSJ reports
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April 27, 2015
05:47 EDTHLFStocks with implied volatility movement; HLF ALTR
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April 23, 2015
11:08 EDTHLFHerbalife confirms to Bloomberg 2% price increase in U.S.
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07:41 EDTHLFHerbalife price target raised to $50 from $42 at Canaccord
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