Tag Archive for Loss

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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Blyth Reports Over $12Million In Loss In 4th Quarter

 
Blyth Inc. (BTH) on Monday reported a loss of $12.2 million in its fourth quarter.
On a per-share basis, the Greenwich, Connecticut-based company said it had a loss of 75 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 88 cents per share.
The candle seller posted revenue of $176.8 million in the period.
For the year, the company reported net income of $86.8 million, or $5.37 per share, swinging to a profit in the period. Revenue was reported as $490 million.
Blyth shares have fallen 23 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.07, a decline of 22 percent in the last 12 months.
First Nine Months Fiscal Performance
Net Sales for the nine months ended September 30, 2014 declined 7% to $313.2 million versus $336.0 million for the

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