OPINION: On September 23rd the SEC, Traffic Monsoon and Charles Scoville will face off in court. The issue at hand is whether a preliminary injunction should be granted against Traffic Monsoon and Scoville, effectively ending Traffic Monsoon and Scoville’s marketing career. Aside from the usual rhetoric from angry investors who still haven’t realized they’ve been [Continue reading…]
A new study funded by the Avon Foundation for Women lays the groundwork for a better understanding of breast cancer diagnoses among Hispanics in the U.S.
Nutrition company Herbalife was a sponsor of this weekend’s Events DC Nation’s Triathlon, the only triathlon held in the nation’s capital.
Shares of cosmetics maker Avon Products (NYSE:AVP) were up 40% last month, according to data from S&P Global Market Intelligence . Avon got a boost from a better-than-expected earnings report early in the month, as you can see from the chart below.
Avon shares have tumbled in recent years as profits have evaporated and the company was forced to sell off its North American business. However, the recent report offered signs that the turnaround plan is gaining traction. Revenue declined 8% to $1.14 billion, but was up 5% on a constant currency basis and excluding the divestiture of Liz Earle.
Adjusted earnings per share fell from $0.09 a year ago to $0.07, though that was better than analyst estimates at $0.02. Avon said foreign currency exchanged impacted EPS by $0.10. CEO Sheri McCoy said that results were slightly better than expectations and that sales grew in nine out of 10 markets in local currency.
Shares of Avon continued to rise after the earnings report, a sign that investor confidence may be on the mend. The company also closed on a new debt offering in the quarter of $500 million at 7.875%, which management said would improve capital structure and financial resiliency.
Avon stock has now more than doubled from its low point at the beginning of the year. The company did not issue guidance, but McCoy sounded optimistic on the future, saying that Avon has made steady progress on a number of fronts, including pricing discipline, reducing expenses, and improving the brand.
While Avon remains a risky play, profits should improve as currency exchange evens out and active representatives grew slightly in the quarter, implying that the fundamentals of the business are improving.
Article Source: http://www.fool.com/
LOS ANGELES–(BUSINESS WIRE)–Herbalife (NYSE: HLF), a global nutrition company, is celebrating its third year as a sponsor of the DC Nation’s Triathlon, which includes the Herbalife Congressional Challenge.
“The Nation’s Triathlon takes a lot of endurance and we’re proud that our nutrition products will play a role in fueling the athletes’ performance”
The 11th annual DC Nation’s Triathlon, considered the premier event of its type in the Washington D.C. region, includes a 1,500-meter swim in the Potomac River, a 40-kilometer bike ride through downtown district and a 10-kilometer run past the nation’s best known historical landmarks.
“The Nation’s Triathlon takes a lot of endurance and we’re proud that our nutrition products will play a role in fueling the athletes’ performance,” said Michael O. Johnson, chairman and chief executive officer, Herbalife.
Herbalife is also sponsoring the Congressional Challenge , which provides government employees an opportunity to compete against each other. Awards will be given to the top three finishers. In each of the past two years, more than 50 employees participated, including senior staff from Congress and the Departments of Education, Justice, Homeland Security and Health and Human Services.
The triathlon, scheduled for Sunday, Sept. 11, will benefit the Leukemia & Lymphoma Society. Participants will receive recovery drinks and protein bars after the race in the Official Herbalife24 Recovery Zone.
“We want to provide the best nutrition and hydration products for our athletes, both on the course and after the race,” said Nick Lynch, event director. “Herbalife will be there to support our participants throughout this competition. We are thrilled to have them as a partner again for 2016.”
For more on the Events DC Nation’s Triathlon, visit NationsTri.com . To get fitness and nutrition tips from Samantha Clayton, Herbalife senior director of worldwide fitness education and a world-class athlete, visit DiscoverHerbalife.com .
Scentsy gave new meaning to the term rock out. It was the third annual Rock-A-Thon. Volunteers kept 70 rocking chairs rocking while holding signs that said, “honk if you rock,” for twelve consecutive hours at Scentsy Commons along Eagle Road.
“My gosh, we are so honored to be a part of the Scentsy Rock-A-Thon this year. Scentsy has decided to put on this annual event to raise funds and awareness for a non-profit. This year Family Advocates is a beneficiary. So they have all of their employees, we have volunteers out here and community members stop by and every minute they rock, Scentsy will donate five dollars to family advocates,” said Jaime Hansen, Executive Director of Family Advocates.
Scentsy donated five dollars per minute, per chair for the first 10 hours to raise money for Family Advocates, a local non-profit organization working to strengthen families and keep kids safe by empowering everyday people. Donations for new-baby boxes were also collected. This year, the theme was superheroes so volunteers and Scentsy employees showed up in costume to show their support.
For more information on Family Advocates, head to their website, http://www.strongandsafe.org/