Barbara Corcoran, “Shark Tank” investor AGE: 65 HOMETOWN: Edgewater, New Jersey LIVES IN: Manhattan EDUCATION: Thomas Aquinas College CAREER: Founder of New York real estate brokerage The Corcoran Group and Barbara Corcoran Inc., the company that sets up her media and TV appearances, including “Shark Tank” FAMILY: Husband Bill, children Tom and Kate HOBBIES: Skiing, going to the beach LAST BOOK READ: Reread “Wuthering Heights,” by Emily Bronte; “it was as delicious as I remembered it.” FAVORITE QUOTE: When she consulted a large developer about a complex problem, he told her, “You’re a smart girl.
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Pew: Split views on robots' employment benefits
by Successful IBO • • 0 Comments
Robots and artificial intelligence could either kill low-skill jobs or create new types of work over the next decade.
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Tennessee Valley Authority to cut 2,000 jobs
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The nation’s largest public utility says it is eliminating more than 2,000 jobs as part of a $500 million cost-cutting campaign.
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Nu Skin Second-Quarter Results – $650 Million Revenue Down 3%
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter revenue of $650.0 million, a 3 percent decline over the prior-year period. Revenue was negatively impacted 2 percent by foreign currency fluctuations. Earnings per share for the quarter were $0.32, versus $1.22 in the prior-year period and were impacted by (i) a $50 million write-down of Mainland China inventory; and (ii) a $25 million charge due to a transition to the SICAD II exchange rate in Venezuela, which also increased the company’s effective tax rate for the quarter to 42.0 percent. Excluding these items, earnings per share would have been $1.13 per share for the second quarter.
“Our business performed in-line with our guidance for the quarter, with the exception of the China LTO, which occurred shortly after resuming our promotional efforts and did not meet our expectations,” said Truman Hunt, president and chief executive officer. “We are pleased, however, that we have seen key indicators in China stabilize since we began accepting new sales leader applications in May after a three-month voluntary cessation. Moreover, we recently received a new direct selling license for Wenzhou, China, expanding our direct selling footprint in this important market.
“We will continue to innovate in the dynamic
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Arkansas Small Business Owners Uncertain About Midterm Elections
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In the Natural State, small business owners are taking a “wait and see” approach to the candidates for both the gubernatorial and Senate races.
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3 Words of Wisdom From a Successful Entrepreneur
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I’m fortunate that I have the opportunity to build Terrible Labs with an incredible team of engineers and designers. In just a few years, we’ve grown from three people with a questionable brand name to one of the most respected design and development consultancies around.
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Mannatech Reports 3.4% Increase in Q2 – 2014 To $46.3 Million
by Nicole Dunkley • • 0 Comments
Mannatech, Incorporated, the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5M (Mission 5 Million) social entrepreneurial movement, today announced financial results for its second quarter ended June30, 2014.
Second quarter net sales for 2014 were $46.3 million, an increase of 3.4% as compared to $44.8 million in the second quarter of 2013. Our net sales increased 2.2% in constant dollars, which is a non-GAAP financial measure that excludes the impact of fluctuations in foreign currency exchange rates.
Net loss was $0.7 million, or $0.26 per diluted share, for the second quarter 2014, as compared to net income of $0.8 million, or $0.30 per diluted share, for the second quarter 2013. The second quarter 2014 earnings were negatively impacted primarily by income taxes due to “tax return to provision” adjustments. Additionally, our income tax expense reflects our uneven performance in various jurisdictions; however, as we work toward being uniformly profitable, we anticipate that our effective tax rate will decrease.
We took charges to the inventory allowance of $0.8 million during the second quarter 2014 which reduced our gross profit margin to 79.0% as compared to 80.6% in the second quarter of 2013.
During
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Trévo Continues To Set New Records In Antioxidant Power
by Nicole Dunkley • • 0 Comments
With astonishing ORAC antioxidant testing results, Trévo has, once again, confirmed that its nutrient-dense formula stands alone in a category far and above juice drinks or other types of nutritional products.
ORAC (Oxygen Radical Absorbance Capacity) is the standard method used in measuring the antioxidant capacities of various foods.
Through continuing implementation of the very latest in nutraceutical technology, Trévo’s previous over-the-top ORAC rating of 373,000 per bottle has been elevated to an even more astonishing rating of 428,640 per 32 ounce bottle! That’s 13,395 per ounce! This record-breaking score has been tested and certified by the scientists at the world-renowned Brunswick Laboratories.
This remarkable score dramatically overshadows the vast majority of “name brand” antioxidant products – including any “juice drink” product on the market – proving, once again, that Trévo is the one nutritional product you need for vibrant, long-lasting good health.
ABOUT TRÉVO
Trévo’s Founders are Mark and Holli Stevens who have a proven track record of over 16 years as owners of a successful network marketing company. Mark and Holli have also been on the “other side of the table” as independent representatives, building organizations with tens of thousands of members. This dynamic duo also possess nearly four decades of combined business
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David Guidroz Is Legal Shield’s Newest $100k Ring Earner
by Tina Williams • • 0 Comments
LegalShield’s CEO, Rip Mason announced David Guidroz of Jackson, Alabama as LegalShield’s newest $100K Ring Earner, earning between $100,000 and $249,000 in a 12 month period.
David is a current Bronze Executive Director and has achieved as high as the Platinum Level. David is also a consistent qualifier of the Power 20 and Performance Club programs. He is also a recipient of the 2,000 Membership Sales level of the Production Achievement Award.
Brian Carruthers of Davidsonville, Maryland is David’s direct upline Platinum Executive Director.
LegalShield is an American corporation that sells legal service products through network marketing in the United States and Canada. The company was originally founded August 8, 1972 as the Sportsman’s Motor Club. In 1976 it was incorporated as Pre-Paid Legal Services, Inc., and made its initial public offering in 1984. Pre-Paid Legal Services, Inc. was acquired by MidOcean Partners in 2011 and changed its name to LegalShield.
LegalShield develops and markets pre-paid legal service plans through a network of more than 50 independent provider law firms across the U.S. and Canada. The Company also markets an identity theft monitoring and restoration services through its partnership with Kroll Inc. The company’s service plans are sold through network marketing. Products are also sold as an employee benefit through payroll deduction. The company has
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Arbonne International Expands To Poland
by Tina Williams • • 0 Comments
Arbonne International, a skincare and cosmetics company, announced this week that they will be expanding their distributorship to Poland, October 1st, 2014.
About Arbonne International
Founded in Switzerland in 1975, Arbonne International, LLC, creates personal care and wellness products that are crafted with premium botanical ingredients and innovative scientific discovery. Arbonne. Pure, Safe, Beneficial. Arbonne’s personal care and nutrition formulas are vegan certified and adhere to a strict Purity and Safety Ingredient Policy.
Arbonne products are available at arbonne.ca or through an extensive network of Arbonne Independent Consultants in Canada, the United States, Australia and the United Kingdom. Arbonne is a privately held company and is headquartered in Irvine, Calif. Arbonne® and Pure Vibrance(TM) are registered trademarks of Arbonne International, LLC.