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A look at Barbara Corcoran, 'Shark Tank' investor

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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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Hot Business News Today

Nu Skin Second-Quarter Results – $650 Million Revenue Down 3%

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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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