Posts Tagged ‘HLF’

Herbalife Ltd. (HLF) strengthens on announcing solid bottom line

Tuesday, August 2nd, 2011

Herbalife Ltd. (NYSE: HLF) shares climbed 7.5% to $59.68 after the nutritional-supplement seller projected third-quarter earnings that exceeded analysts’ estimates. Volume for the stock amounted to 6.2 million shares, towering over an all-day average of 1.8 million.

A news release out August 1 announced that second quarter net sales increased 27.7% and local currency net sales increased 19.9% compared to the same time period in 2010. Net income for the quarter of $111.2 million, or $0.88 per diluted share compares to 2010 second-quarter net income and EPS of $82.2 million and $0.65, respectively.

“We believe that we are just getting started,” the release quoted Michael O. Johnson, Herbalife CEO. “Eight consecutive quarters of growth in the average number of sales leaders ordering illustrates the engagement of the distributors and the strong foundation being built as Herbalife helps consumers tackle the global issues of obesity.”

For the quarter ended June 30, 2011, the company generated cash flow from operations of $142.7 million, an increase of 71.5% compared to the second quarter 2010, paid dividends of $23.9 million, invested $16.1 million in capital expenditures, and repurchased $98.8 million in common shares related to its share repurchase program.

Based in Los Angeles, Herbalife Ltd. is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle.

HLF healthy, MU active, RMTR slumps

Wednesday, February 23rd, 2011

Herbalife Ltd. (NYSE: HLF) shares added 9.8% to $76.71, on share volume of 2.1 million, or nearly five times its average, after the seller of weight-reduction supplements late Tuesday projected a first-quarter profit that beat predictions.

Micron Technology (Nasdaq: MU) traded Wednesday in 52.2 million shares, surpassing a daily average of 36.3 million. Prices for MU faded 3.4% to $10.55

Ramtron International Corporation (Nasdaq: RMTR) capsized 13.7% to $2.20 Wednesday, on share volume of more than 419,000, nearly four times its daily average, a day after announcing quarterly numbers that featured total revenue of $16.1 million, compared with total revenue of $14.4 million for the same quarter last year. Net income for the fourth quarter of 2010 was $471,000, or $0.02 per share, compared with net income of $755,000, or $0.03 per share, in the prior-year quarter.