ACN’s President and Co-Founder Greg Provenzano was ranked the number three telecom executive to work for in 2014 by getvoip.com. In their annual ranking, they looked at the top 20 executives making the big decisions in the telecommunications industry and ranked them by what really matters – how their employees feel about their leadership.
He has a deep commitment to personal growth, and he inspires others to work on their personal lives as hard as they work on their businesses. Greg is a leader and motivator to ACN’s independent business owners.
He shares the company’s vision with them, as well as ways to improve their businesses and their lives. Greg communicates with independent business owners daily, encouraging them and helping them stay focused on their goals.
Using up-to-the-minute ranking tool, Greg Provenzano came in number 3 with an incredible 97% approval rating. ACN employees were quoted as saying, “ACN’s culture at the corporate office is excellent. There seem to be many opportunities for growing a career here, and everyone is more than willing to help you learn. The company values personal growth at all levels.”
About ACN Inc.
Founded in 1993, ACN is the world’s largest direct seller of telecommunications, energy, and other
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Mannatech To Launch New Advanced Immune Support Product At Annual Event
by Nicole Dunkley • • 0 Comments
Mannatech®, Incorporated, the pioneer of nutritional glycobiology and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, has announced that it will launch its newest product, GlycoBOOM, at the company’s annual training event in Frisco, Texas.
GlycoBOOM is a new dietary supplement based on Mannatech’s exclusive Manapol® powder that features a proprietary herbal and glyconutrient blend with plant and food-sourced vitamins. GlycoBOOM is also free of gluten, dairy, soy and synthetics and contains no added sugar, artificial flavors, colors or sweeteners.
This new product will be the 32nd addition to Mannatech’s currently active line of products in the United States.
“The November Leadership event is the ideal timing for the launch of an immune support product as powerful as GlycoBOOM,” said Dr. Robert Sinnott, Mannatech CEO and Chief Science Officer. “As the winter months approach, maintaining a healthy immune system is one of people’s biggest priorities.”
Mannatech’s Leadership Experience will take place November 7-9, 2014, at the Embassy Suites in Frisco, Texas with guest speaker, Les Brown.
About Mannatech
Mannatech, Incorporated, develops high-quality health, weight and fitness, and skin care products that are based on the solid foundation of nutritional science and development standards. Mannatech is dedicated to its platform of Social Entrepreneurship
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Primerica Reports Third Quarter 2014 Results
by Nicole Dunkley • • 0 Comments
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating
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Primerica Reports Third Quarter 2014 Results
by Nicole Dunkley • • 0 Comments
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating
Hot Business News Today
Primerica Reports Third Quarter 2014 Results
by Nicole Dunkley • • 0 Comments
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating
Hot Business News Today
Primerica Reports Third Quarter 2014 Results
by Nicole Dunkley • • 0 Comments
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating
Hot Business News Today
Primerica Reports Third Quarter 2014 Results
by Nicole Dunkley • • 0 Comments
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating
Hot Business News Today
Primerica Reports Third Quarter 2014 Results
by Nicole Dunkley • • 0 Comments
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating
Hot Business News Today
NHTC Reports Quarterly Revenue Increased 125% To $31.8 Million
by Nicole Dunkley • • 0 Comments
Natural Health Trends Corp., a leading direct selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, announced financial results for the quarter and nine month periods ended September 30, 2014.
Third Quarter Financial Highlights
Total revenues were $31.8 million, up 125% compared to $14.2 million in the third quarter last year.
Operating income was $5.5 million, up 312% compared to $1.3 million in the third quarter last year.
Net income was $5.4 million, or $0.42 per diluted share, compared to $1.3 million, or $0.12 per diluted share, in the third quarter last year.
Year-to-Date Financial Highlights
Year-to-date revenues were $89.2 million, up 167% compared to $33.4 million in the first nine months last year.
Operating income was $14.8 million, up 475% compared to $2.6 million in the first nine months last year.
Net income was $14.6 million, or $1.16 per diluted share, compared to $2.5 million, or $0.22 per diluted share, in the first nine months last year.
“We continued our strong momentum into the third quarter, with our highest level of orders in any quarter this year,” commented Chris Sharng, President of Natural Health Trends Corp. “We are effectively leveraging our business model, with a 308% increase in
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Youngevity Announces Official Grand Opening In Russia
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced the grand opening of its new distribution and sales support center in Moscow, Russia.
A ribbon cutting celebratory event held on November 1, 2014 welcomed key leaders and distributors to inaugurate the opening of Youngevity’s first office in Russia.
In order to support this growing market, Youngevity’s new office will provide a central location in Moscow that is fully equipped with a sales and distribution center to handle product ordering to delivery, a large conference room to hold distributor education and training sessions, customer service desks, and a product showroom.
“We are proud to launch Youngevity’s first office in Russia and we plan to open a number of distribution points to cover the region,” said Ricardo Spilman, Director of Sales and Operations for Eastern Europe and Israel.
“Russia is one of the fastest growing billion dollar markets in the direct selling industry. The entrepreneurial spirit is amazing in Russia as we already have hundreds of new Russian distributors that attended our first training sessions and they are highly motivated to get started with their