Hot Business News Today

Hot Business News Today

Reliv International Q3 Results – Down 13.5% To $10.9 Million

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Reliv International, Inc., a maker of nutritional supplements that promote optimal health, reported its financial results for the third quarter of 2014.
Net sales for the quarter were $14.3 million, a 13.5 percent decrease from the third quarter last year. U.S. net sales totaled $10.9 million, a decrease of $2.2 million, or 16.8 percent, compared to third-quarter 2013 net sales.
Net sales outside of the United States declined slightly at 0.2 percent in the third quarter of 2014 compared to the prior-year quarter, offset by the European market where net sales increased by 16.1 percent.
Net income for the third quarter of 2014 was $166,000 or $0.01 per diluted share, compared to $293,000 or $0.02 per diluted share in the 2013 third quarter. In the second quarter of 2014, Reliv reported a net loss of $289,000 or $0.02 per diluted share. 
Reliv’s sequential profitability improvement is attributable to effective cost reduction measures enacted in the third quarter and the tax benefit related to the liquidation of Reliv’s former entity in Germany. Income from operations for the third quarter of 2014 was $228,000 compared to $402,000 in the same quarter of 2013.
“Reliv has recently completed a series of critical transitions — in our distributor field,

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Nerium Raises $1,000,000 For Big Brothers Big Sisters

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Nerium International, a leader in age-defying skincare products, met its goal of raising $1,000,000 for Big Brothers Big Sisters (BBBS), making Nerium the largest corporate workplace giving donor.
To commemorate this event, Nerium presented Big Brothers Big Sisters with a $1,000,000 check symbolizing its yearlong fundraising effort, during the company’s national Get Real Conference in Long Beach, CA on October 24. Nerium’s commitment to BBBS— the country’s largest youth organization— will impact children nationwide, immeasurably enhancing their lives.
“What Nerium and its Brand Partners have accomplished this year is truly exceptional,” stated Pam Iorio, President and CEO of Big Brothers Big Sisters of America. “We are thankful for their generosity and look forward to continuing to work with a team of individuals who are truly dedicated to the mission of Big Brothers Big Sisters.”
To help reach its $1,000,000 goal, Nerium participated in a number of fundraising initiatives, including “Bowl for Kids’ Sake,” Big Brothers Big Sisters’ signature fundraiser. This year, Nerium raised more than $400,000 for Bowl for Kids’ Sake by providing corporate matching incentives and sponsorships in 17 different markets.
Additionally, hundreds of Nerium Brand Partners— people who own their own businesses through the selling of Nerium’s products— donated over $300,000

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Trévo Corporate Office Finds New Home

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As Trévo’s product sales and network marketing figures continue to trend upward, the company itself is also moving up – literally.
Trévo has officially outgrown the south Oklahoma City office it has occupied since 2010, and is heading east down Interstate 44 to Valliance Bank Tower, where it will call the entire 18th floor home.
“Obviously this building holds a special place in the hearts of the people who started with Trévo here, but we are thrilled about the move,” Trévo CEO Mark Stevens said. “As our operations have expanded, so has our corporate staff, and we simply outgrew the walls at our current location.”
Located at 1601 Northwest Expressway, Valliance Bank tower is the tallest building in Oklahoma City’s Northwest Business District. With 22 floors offering a 360-degree view of the city, the tower is the most prominent landmark in the area.
Stevens prides himself on being a high-energy CEO with a team that has taken that same approach to business, so a move to one of the busiest and most fast-paced business districts in Oklahoma City makes perfect sense for Trévo. The tower is located off the interstate just walking distance from 50 Penn Place, an upscale galleria-style development, Penn Square Mall,

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