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January 15, 2014
10:14 EDTNUS, HLF, USNANu 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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September 15, 2014
12:14 EDTHLFHerbalife expands partnership with American Youth Soccer Organization
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September 14, 2014
16:17 EDTHLFHerbalife near settlement with former distributors, NY Post says
Herbalife is close to reaching a settlement with five former distributors that allege the nutrition company is a pyramid scheme and has victimized thousands, says the NY Post. Reference Link
September 5, 2014
09:10 EDTHLFHerbalife distributor claims fired for web sales, Seeking Alpha contributor says
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September 2, 2014
11:43 EDTHLF, NUS, USNAChina announces 'major' busts as result of pyramid probe, Shanghai Daily reports
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11:17 EDTNUSOptions with increasing implied volatility
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