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Stock Market & Financial Investment News

News Breaks
March 18, 2014
17:59 EDTNUS, HLFNu Skin shares trade lower after China regulator inquiries
Shares of Nu Skin (NUS), which develops and distributes personal care products and nutritional supplements, are trading lower in after-hours trading after saying that it has received inquiries form regulators in Mainland China asking the company to respond to a number of allegations relating to its business practices. WHAT'S NEW: In a 10-K filing, the company stated: "The adverse publicity and suspension of business promotional meetings and acceptance of applications has had a significant negative impact on the number of Sales Leaders and Actives, and our revenue in the short term will be negatively impacted by these voluntary actions. Any inability to resume normal business operations in the near term could have a more significant impact on our business." Nu Skin added that it is likely that it will be fined and could potentially face some other form of sanctions from these regulators. PRICE ACTION: Shares of Nu Skin are trading down almost 5% to $72.98. OTHERS TO WATCH: Shares of Herbalife (HLF), another direct-selling company, are down 0.83% in after-hours trading. Note that hedge fund manager William Ackman of Pershing Square has recently said Herbalife is breaking direct-selling laws in China.
News For NUS;HLF From The Last 14 Days
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November 19, 2014
10:00 EDTNUS, HLFOn The Fly: Analyst Initiation Summary
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06:14 EDTHLFHerbalife initiated with a Buy at BTIG
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06:14 EDTNUSNu Skin initiated with a Neutral at BTIG
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November 14, 2014
17:07 EDTHLFSoros Fund Management gives quarterly update on stakes
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08:07 EDTHLFHerbalife director linked to Brazilian fraud case, Reuters reports
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November 11, 2014
10:39 EDTNUSOptions with decreasing implied volatility
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05:51 EDTHLFStocks with implied volatility movement; HLF CMCSA
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