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March 17, 2014
06:19 EDTNUS, HLFNu Skin 'still passes the smell test,' says Deutsche Bank
Deutsche Bank notes Nu Skin (NUS) shares are being affected by the FTC investigation into Herbalife (HLF). The firm says Nu Skin "still passes the smell test" and it reminds investors that the company has a consent decree with the FTC from the 1990s where it agreed to follow rules on product efficacy and earnings opportunity claims. Deutsche says Nu Skin has closely worked with the agency over the last several years as well. The firm maintains a Buy rating on the stock with a $110 price target.
News For NUS;HLF 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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