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Stock Market & Financial Investment News

News Breaks
March 4, 2014
09:33 EDTNUSNu Skin files to delay 10-K citing review of China operations
Nu Skin stated in a regulatory filing: "In response to recent media reports and the ensuing investigation by Chinese regulators, the audit committee of the Company's board of directors, with the assistance of outside counsel, recently began an internal review of the Company's China operations. Given its very early stage, the Company is unable at this time to predict how long it will take for its internal review to be fully completed or whether the findings of the review will have any impact on the Company's results of operations, financial condition, internal control evaluation or other matters relating to its business. Given the ongoing review, the Company's Board of Directors determined that it could not file its Form 10-K for the period ended December 31, 2013 by the March 3rd deadline without unreasonable effort or expense because of the need to consider the impact of the results of the review on a number of Form 10-K items. The Company currently expects that while its internal review will not be fully completed, the audit committee will have made sufficient progress in its review to enable the Company to file its annual report on Form 10-K with the U.S. Securities and Exchange Commission by March 18. Given the uncertainties surrounding the process and ultimate outcome of this review, however, no assurances can be given that this will in fact occur."
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September 2, 2014
11:43 EDTNUSChina 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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