Monthly Archives: June 2014

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Amway Urges India To Release Bill Pinckney

by Tina Williams • June 23, 2014 • 0 Comments

Amway India’s CEO Bill Pinckney was arrested on May 26 at Amway’s headquarters in Gurgaon. At the time of this writing, he remains in police custody. This continued detention and harassment must end. Amway is a reputable company with 55 years of operating legally and ethically in more than 100 countries and territories worldwide.
And while the newly elected Union government in New Delhi played no role in this police action, we ask their help with the immediate release of Bill so he can be quickly and safely return to his family. To continue with this investigative retention when we have fully cooperated with all investigations and requests from authorities in India – including Andhra Pradesh – is unnecessary and unreasonable.
Whenever our business model has been questioned, we have shown up to provide answers. We have made every effort to be entirely transparent and forthcoming with authorities. If there is a problem, we want to fix it so we can continue to do business in India.
The underlying issue at hand is the lack of clear direct selling regulations that distinguish legitimate businesses like Amway from dishonest ones.
Additionally, provisions of the Prize Chits and Money Circulation Schemes (Banning) Act seem to be

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Thirty-One Gifts Expects 14,000 Attendees at Columbus Conference

by Tina Williams • June 23, 2014 • 0 Comments

Here’s an update on the conference schedule for Thirty-One Gifts.
The Columbus-based – and rapidly growing – company will hold three national meetings this year: Denver July 9-12, Columbus July 22-25 and Ontario, Canada July 18-20.
The Columbus meeting is expected to attract about 14,000 attendees, making it the largest of the three.
“We’ve also committed to hosting our 2015 conference in Columbus, and we’re looking forward to painting the town pink,” said CEO Cindy Monroe.
The company will hold a Canadian conference in 2015 as well and “we’ll most likely hold a third … we have 120,000 consultants and it’s more convenient to hold two regional conferences (in the United States),” said spokeswoman Sara West.
The company has not yet finalized plans for 2016 and beyond, despite an earlier report that Thirty-One Gifts would be holding one of its national conferences here in Columbus through 2019.

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Primerica’s Promising Quarter Positively Effects Stocks

by Tina Williams • June 22, 2014 • 0 Comments

Primerica (NYSE:PRI)‘s stock had its “outperform” rating reiterated by analysts at Raymond James in a research report issued to clients and investors on Thursday. They currently have a $55.00 price target on the stock, up from their previous price target of $50.00. Raymond James’ target price points to a potential upside of 16.18% from the company’s current price.
Shares of Primerica (NYSE:PRI) traded up 0.59% on Thursday, hitting $47.62. The stock had a trading volume of 83,071 shares. Primerica has a 1-year low of $36.42 and a 1-year high of $49.59. The stock’s 50-day moving average is $45.46 and its 200-day moving average is $44.68. The company has a market cap of $2.591 billion and a price-to-earnings ratio of 15.84.
Primerica (NYSE:PRI) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.77 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.82 by $0.05. The company had revenue of $324.30 million for the quarter, compared to the consensus estimate of $332.02 million. During the same quarter in the prior year, the company posted $0.65 earnings per share . The company’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts expect that Primerica will post $3.33 EPS for

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Jeunesse Winner of 6 Stevie Awards

by Ted Nuyten • June 21, 2014 • 0 Comments

Jeunesse Bestowed Prestigious Stevie Awards Winner of 6 American Business Awards.
Jeunesse, a leading direct selling company devoted to health and wellness, has just been announced as the winner of 6 American Business Awards. These prestigious awards are sought after by Fortune 500 Companies across the nation; Jeunesse is joined by Google, Sony, Cisco Systems, Beats Electronics, Vimeo, and NASCAR, among others.
More than 3,300 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year.
Jeunesse was bestowed awards in multiple divisions: Company of the Year, Marketing Department of the Year, Marketing Executive of the Year, Corporate Social Responsibility Program of the Year, Best Sales Video, and Best Corporate Overview Video.
More than 150 leaders of several specialized committees determined Stevie Award placements from among the Finalists during the last round of judging in April and May. Jeunesse outmatched billion dollar organizations like Sony, Google, and AT&T for these awards, marking its position as a global leader in business.

Chief Visionary Officer, Scott Lewis

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Herbalife Responds To LULAC In Lengthy Letter

by Tina Williams • June 21, 2014 • 0 Comments

Herbalife Ltd. (NYSE:HLF) in it’s letter, responds to the concerns raised by LULAC leader Brent Wilkes .
June 18, 2014
Brent A. Wilkes
National Executive Director LULAC
1133 19th Street, NW, Ste. 1000 Washington, DC 20036
Dear Mr. Wilkes,
I write to address your May 31, 2014 letter to LULAC’s membership regarding Herbalife.
We at Herbalife Ltd. (NYSE:HLF) are proud of our presence in the Latino community and the role we play in helping people achieve healthier lifestyles through education and the use of our healthy and nutritious products. We also are proud of the business opportunity Herbalife provides to those who choose to earn part-time or full-time income. Indeed, our strong support in the Latino community is directly related to the widespread popularity of our products and the business opportunity we make available to those who choose to pursue it.
Herbalife Ltd. (NYSE:HLF) executives and representatives have met with you on three separate occasions. We have explained to you our industry-leading policies and procedures designed to protect Herbalife Members and consumers, and have responded to the issues you have raised during those meetings and elsewhere. Yet, in your letter you continue to state as “evidence” what are in fact misconceptions and unfounded, inaccurate allegations.
Because Herbalife strongly supports

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Industry Leaders Finding Success At Vísi

by Ted Nuyten • June 21, 2014 • 0 Comments

Vísi, a progressive global network marketing company, has been making waves by breaking its own sales records month after month and by attracting the veritable who’s who of industry leaders.
“We have worked hard to build a foundation for Vísi that empowers our Partners and enables them to succeed,” Founder & CEO Kent Lewis said.
“We have assembled an executive team with over 100 years of experience in the industry, we have innovative products that can’t be found anywhere else in the marketplace and we have teamed with the best vendors in the industry to create the best user experience possible.”
The list of industry leaders who have joined Visi is growing daily. Leaders such as, Mark & Alinda Hale are finding amazing success with Visi. Mark & Alinda have achieved the prestigious rank of Arctic Ruby, earning a rank advancement bonus of $5,000. This is in addition to the $7,500 average weekly income associated with their rank.
“We were drawn to Vísi because of the timing,” Alinda said. “We saw that the company was still relatively young, yet it was growing rapidly and had entered a huge momentum phase.”
Michael O’Brien & Tim Lunsford joined Vísi prior to the company’s annual convention