Hot Business News Today

Regeneca Worldwide Announces New President

 
Regeneca Worldwide has concluded their search for a new President and are pleased to announce that Mr. Trent Staggs will now lead the company in this role.

“We are thrilled to have Trent Staggs join the Regeneca team and lead the company’s operations,” said Chairman Matt Nicosia. “Mr. Staggs has over ten years of experience in the direct sales industry and will be a key resource in directing the growth of the company domestically and guide the company as we commence international expansion.”

Mr. Staggs has demonstrated the leadership necessary to run both successful start-up and Fortune 500 organizations in the Direct Sales, Finance and Technology industries. Prior to becoming Regeneca’s President, he was on the executive team at Unicity International, a direct sales company that operates in over 30 markets, serving as their

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Medifast Projects $74 Million Revenues in Q2

 
Weight-loss and healthy living products company Medifast that recently announced first quarter financial results is expecting a strong second half.

“We felt very good about where we ended up the first quarter and we’re projecting $0.47 in earnings in the second quarter even though we anticipate that our average advertising spend will be higher going forward,” MacDonald says.

The consensus estimate of many analysts is for the company to earn $0.45 a share in its second quarter. On the top line, Medifast said it expects revenue to be $72 million to $74 million, above the Wall Street forecast of $71 million.
In order to hit its second-quarter targets, MacDonald is counting on a turnaround in the company’s direct sales channel, which experienced a revenue decrease of 9% to $52.1 million in 2015’s first quarter compared with $57.0 million last year.

“We’ve been building our network of

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Saladmaster Wins UK DSA Leadership Award

 
The Direct Selling Association (DSA) of United Kingdom (UK) has recognized Saladmaster’s Vice President Ayo Olaseinde for its 2015 Leadership Award.
On April 15, UK DSA announced that Saladmaster had been selected as a finalist for two prestigious awards in the 2015 UK DSA Annual Awards: The Excellence Award and the Leadership Award.
The DSA’s Excellence Award is the Top Company Award that is given as recognition for the best overall performance of a member company over the past year encompassing all aspects of business.The Leadership Award honors those who have demonstrated outstanding leadership qualities and who are recognized as an industry role model.
Last year, the UK DSA awarded Saladmaster with the 2014 Excellence Award. This year it was announced at the 2015 DSA Annual Conference and Awards Ceremony that Saladmaster Vice President Ayo Olaseinde received

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