After closing out a successful conference in Salt Lake City, Wake Up Now continued to see results when their stock doubled in a single day, going from 1.50/Share to 3.00/share, a 100% increase. Their stocks have been mostly up and down over the past year and their growth seemed questionable. However, with the recent launch of their new products: WUN fit, a suite of health products that improves body function and helps regulate unwanted fat and build lean muscle as well as new Thunder products, their energy drinks.
Although WUN is coming aboard with a health and wellness menu that many may feel is a saturdated network marketing marketing avenue, they bring a relatively untapped approach: social media and internet marketing, calling themselves a ‘social distribution network’.
About Wake Up Now
WakeUpNow was founded with the vision of helping people save, manage, and make money. Kirby Cochran, Jason Elrod, and Phil Polich have been business partners for years; but in WakeUpNow, they saw an opportunity to create something unique. From the beginning, they were determined to change the industry with two profound goals: 1) offer products with outstanding value for the money, and 2) offer distributors a real chance to change their lives.
The WakeUpNow leadership team
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Avon Continues To Struggle After CFO Resigns
by Tina Williams • • 0 Comments
Avon’s stock is falling Tuesday after its chief financial officer resigned to take a CFO job in another industry.
Late Monday Avon Products Inc., which has struggled to turn around its business, said that Kimberly Ross’ resignation is effective on Oct. 2. Avon’s vice president and corporate controller, Robert Loughran, will be interim CFO while the New York company searches for a permanent replacement.
Avon is the world’s biggest direct seller of cosmetics, but its sales have been steadily declining. The company has reduced costs, cut thousands of jobs and left unprofitable markets to try to improve its business.
Ross, who joined Avon in 2011, leaves big shoes to fill, said Wendy Nicholson of Citi Investment Research in a client note. Ross helped sell jewelry company Silpada, exit weak markets and refinance the balance sheet, Nicholson said. But Avon still has a lot of work to do in its turnaround plan, she said, and that’s a problem as it may take a while to hire a new CFO.
“Avon’s overhead costs seem still way too high, its internal controls/systems are still weak, its cash flow is still depressed and too many markets are still in disarray,” she wrote.
The analyst cut Avon’s rating to “Neutral”
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Statement From Herbalife In Response To Bill Ackman’s Three-Hour Presentation On Nutrition Clubs
by Tina Williams • • 0 Comments
Herbalife Ltd. (NYSE:HLF) today issued the following statement in response to Bill Ackman’s three-hour, presentation on the Company’s nutrition clubs:
Herbalife is a 34-year old nutrition company with 7,400 employees worldwide and millions of members. Today, Mr. Ackman highlighted many of the reasons we are proud of our company, our record and the value we bring to members, consumers and communities around the world. His presentation reaffirmed that:
Herbalife is first and foremost a company with great products that people want.
There are hundreds of thousands of members and millions more consumers who choose Herbalife for our products and community-based approach to health and wellness.
There is a comprehensive training system for members who aspire to open their own nutrition club so that they are fully informed of the time, commitment and skills required to do so.
Once again, Bill Ackman has over-promised and under-delivered on his $1 billion bet against our company. After spending $50 million, two years and tens of thousands of man-hours, Bill Ackman further demonstrated today that the facts are on our side.
We will continue to focus on our mission of bringing good nutrition and economic opportunities to communities across the globe. We recognize that he is running out of time to make good on his bad bet
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Herbalife Stock May Rise Over Next Few Days
by Tina Williams • • 0 Comments
Bidness Etc predicts a rise in Herbalife stocks in their article posted today:
Herbalife Ltd. (HLF) is up about over 33.5% since our last Bullish update on the stock in March. The stock is still down about 15.2% year-to-date (YTD) due to persistent concerns regarding its business model and related investigations; however, it has been on an upswing since April as a result of the company’s strong financial performance.
Herbalife’s trust-building initiatives – such as providing a Gold Standard Guarantee and posting testimonials from members and customers on iamherbalife.com – have also helped it make its business model more transparent, thereby boosting investors’ confidence in the company.
Herbalife is already working on reducing its dependence on its multilevel marketing model – the main point of contention with its critics – with new campaigns. It launched “CR7 Driven to Perfection” with Cristiano Ronaldo last month. As part of the campaign, Ronaldo fans from around the world created and posted photos or videos on their Facebook profiles to show how they individually strive for perfection. Ronaldo chose his favorite video from among the submissions and shared it on his official Facebook page.
These new campaigns are expected to engage more members and customers from around the world, reinforce investor confidence, and
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Primerica’s Promising Quarter Positively Effects Stocks
by Tina Williams • • 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