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Stock Market & Financial Investment News

News Breaks
January 15, 2014
10:14 EDTNUS, USNA, HLFNu Skin continues slide, down 12% following People's Daily report
The move lower is Nu Skin has been attributed to a cautious article about the company published in the Chinese-language periodical People's Daily, but the company said in a statement to Bloomberg that the report contained inaccuracies. Shares of other multi-level marketing companies with a presence in China are also sliding in early trading. Nu Skin is down about 12% to trade near $120 in early trading, while Herbalife (HLF) fell almost 4% and USANA Health (USNA) slipped over 1%.
News For NUS;HLF;USNA From The Last 14 Days
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June 29, 2015
09:04 EDTHLFHerbalife says Eric D. Rosen will join company as VP of government relations
Herbalife announced that Eric D. Rosen will join Herbalife’s growing global corporate affairs team as VP of government relations and director of its Washington, D.C. office. Rosen will oversee Herbalife’s D.C. operations and will report to Ric Hobby, who was recently appointed as head of Herbalife’s global government relations reporting to Alan Hoffman, executive VP of the global corporate affairs team. Rosen, who will be based out of Herbalife’s D.C. office, is a Capitol Hill veteran with experience in the Senate, House, and Executive Branch.
June 26, 2015
13:09 EDTHLFPershing Square urges Herbalife CEO to release video referenced by NY Post
Pershing Square Capital released a letter it sent to Herbalife CEO Michael Johnson concerning his "serious admissions about Herbalife and its conduct that were revealed by the New York Post." The letter states in part: "Today the New York Post reported on a 71-minute video in which you appear on a stage, making serious admissions about Herbalife and its conduct...We urge that you release the 71-minute video and any similar materials in your possession or control, and we encourage Herbalife employees, distributors and others with similar materials to come forward...In February 2013, we publicly asked you to provide simple data on how many people arrive and leave at each level of Herbalife’s network over time...You still have not disclosed the facts. In light of your admission that Herbalife is a lottery ticket, basic fairness suggests you should disclose the facts."
10:00 EDTUSNAOn The Fly: Analyst Initiation Summary
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08:56 EDTHLFVideo shows Herbalife CEO saw ‘pyramiding’ signs in 2005, NY Post reports
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06:19 EDTUSNAUSANA initiated with a Buy at DA Davidson
Target $165.
June 25, 2015
10:07 EDTHLFHerbalife rises after Pivotal says SEC completes review of filings
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09:47 EDTHLFHerbalife price target raised to $90 from $80 at Pivotal Research
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