Hot Business News Today

Telecom Plus Q1 Profits Down To £52 Million GBP

 
British utility company Telecom Plus said it would write down about 11 million pounds of unrecoverable bills at its gas unit and that it expected its full-year pretax profit to be “significantly below market expectations”.
Shares in the company fell as much as 26 percent to their lowest in about three years, making the stock the biggest loser on the FTSE-250 Midcap Index.
Telecom Plus said it expects an adjusted pretax profit of 52 million pounds to 53 million pounds ($77 million-$79 million) for the year ended March 31, after taking into account an about 6 million pound impact from higher-than-anticipated leakage and theft of gas.
“Excluding this impact, the outcome will be below the level we were expecting to achieve,” the company said in a statement.
The provider of landline, broadband, mobile, gas and electricity

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Important Mexican MLM Company Is Looking For An Investor

 
With the aim of launching a series of ideas and projects that have been developed to expand their business, grow the distributor base and increase its global sales, this important Mexican company (with operations during several years and with presence in over 20 countries) opens the opportunity for investors worldwide.
Interested? Fill out this simple form and the company will contact you:
http://www.surveygizmo.co.uk/s3/2107443

Importante empresa Mexicana de Network Marketing abierta a recibir inversionista.
Con el objetivo de poner en marcha una serie de ideas y proyectos que han desarrollado para expandir su negocio, crecer su base de distribuidores e incrementar sus ventas mundiales, esta importante compañía Mexicana (con varios años de operación continua y con presencia en más de 20 países) abre la oportunidad a inversionistas de cualquier parte del mundo.
Te interesa? Llena el siguiente formulario

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LifeVantage Reduces Staff

 
LifeVantage, which was once one of Utah’s fastest-growing network marketing companies, has reduced their staff by 10% and senior staff members have been demoted to customer service positions.
This comes in the wake of CEO Doug Robinson’s sudden departure from the company amid reports that his departure was instigated by top-level distributors, who blamed his incompetence for falling sales revenues.
On Apirl 1, 2015, LifeVantage Corporation (the “Company”) received a written notice (the “Notice”) from NASDAQ Stock Market LLC (“Nasdaq”) that the Company has not been in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for a period of 30 consecutive business days.
Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum closing bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that

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Steam Energy Expands Nationwide Services

 
Stream Energy, a leading provider of Energy Services in deregulated energy markets, announced nationwide expansion to offer Mobile Services by Stream.
Coinciding with Stream’s 10th anniversary, the company unveiled a new logo and updated website as its launch event earlier this year at the MGM Grand in Las Vegas.
“Ten years ago, we redefined the way energy is marketed with a revolutionary idea. Today we’re moving faster than ever, but we will never lose sight of those same principles that gave us a firm foundation.”
“Our services will add value, continue developing relationships built on trust, and deliver simple solutions to homes across the country,” said Mark “Bouncer” Schiro, president and CEO, Stream.
The company unveils a new logo and updated website, featuring a sleek, unified look that represents Stream’s full service suite.
In addition to

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PM International Opens Its Asia-Pacific HQ

 
PM-International Group officially opened its Asia-Pacific Headquarters with a ribbon-cutting ceremony and the traditional dragon dance in the metropolis of Singapore. And not only the business partners (in part they traveled from all over the world), but also honorary guests from politics, sports, and show business were impressed.
“We are quite happy with the development and the expansion of the Asian market. A doubling in sales in the first quarter alone and we have not even scratched the surface of the potential of this region, which is home to roughly half of the world’s population.”
“This opening is not a finish line but rather the starter gun!” said Rolf Sorg, Founder and CEO of PM-International Group, who had traveled just to participate in this event.
PM-International partners have been breaking new records year after year

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LEO And LEOcoin Denies Ponzi Allegations

 
James Hargrave, account director for JBP Associates Ltd. one of the leading strategic communications consultancies in the UK send Business For Home the next statement on the article: LEOCoin Founders Linked to Pyramid Scheme in Pakistan.
James Hargrave:
” I am contacting you on behalf of LEOcoin following your recent article regarding serious allegations made against them.
Your recent article makes some serious accusations, which appear to be largely drawn from a number of articles, including a recent CNBC piece. You will also have perhaps seen that CNBC have also covered LEOcoin’s recent firm rebuttal of the accusations http://www.cnbc.com/id/102565765.
I would like to draw your attention to this statement from LEOcoin relating to the matters you highlight:
“These accusations are misguided and fundamentally untrue. Dan and Atif have never been involved in any sort of scam

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TriVita Loses Trademark After FTC Fines Them $3.5 Million

 
A year after the Federal Trade Commission fined supplement maker TriVita Inc. $3.5 million for making unsupported health claims about its Nopalea cactus juice drink, a federal appeals court on Friday also refused to give the company a trademark registration on the juice name. 

The Federal Circuit ruled that “Nopalea” couldn’t be registered as a trademark because it is merely descriptive of the drink — made from juice of the nopal cactus — that TriVita was selling with it.
Although TriVita argued that the addition of the letters “ea” at the end of “nopal” made the name “substantially different in sight and sound” from the common juice name, the court reminded the company that “Nopalea” is the full name of the plant that produces nopal juice.
“’Nopalea’ is not a made-up word obtained by adding arbitrary letters,”

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