MLM Company USANA Wins Two Utah Awards

Some welcome good news for MLM company USANA...

USANA Health Sciences, Inc. (USNA) will be recognized on May 19, 2007 with two Utah Best of State Awards. USANA will receive an award for the best dietary supplements in the state of Utah along with an award for best personal-care products.

Outlook For MLM Company Herbalife

Article from Forbes magazine about the outlook for MLM company Herbalife.

MLM Company Herbalife Announces Preliminary Q1 Results

Herbalife Ltd. today announced it anticipates reporting net sales for the three months ended March 31, 2007 of approximately $508 million, an increase of 11.5 percent compared to the same period last year, when it files its quarterly Form 10-Q in early May 2007. The expected net sales reflects continued growth in the company’s top two markets, the U.S. and Mexico, which increased approximately 23 percent and 13 percent, respectively, compared to the first quarter of 2006. Based on its expected net sales growth, the company anticipates that first quarter 2007 diluted earnings per share will be in the range of $0.60 to $0.61, compared to its previously announced range of $0.52 to $0.57, excluding expenses associated with its realignment for growth initiative and the adjustment to tax reserves.

MLM Company Amway In India - Update

A leading direct selling FMCG company, Amway India, intends to up its turnover from Rs 738 crore in 2006 to Rs 1,000 crore by early 2008.

The company plans to launch 6-8 of the company’s products and around 20 catalogue products. Catalogue products are products manufactured by other companies and marketed by Amway under its own brand.

Hebalife Products Help Children In Philippines

Here's a heart warming story about Herbalife products being used to help children in the Philippines...

At the newly opened feeding center called "Singapore Wellness Club" in Baseco, children aged three to six are given their daily nutritious drink packed with fresh fruits, oats and Herbalife Formula 1 in chocolate, wild berry and vanilla flavors.

MLM Newsletter "MarketWave Alert" Issue #73 And #74

MLM expert Len Clements devotes issue #73 and #74 of his "MarketWave Alert" newsletter to the ongoing dispute between USANA Health Sciences and the Fraud Discovery Institute ("FDI").

In issue #73 Len publishes a special report with a detailed comment and rebuttal of the claims made by the FDI. You can download the report here.

In issue #74 there is a response from the FDI plus a further response to that from Len that you can read here.

Comment: These reports are well worth taking a look at because of the amount of legal and background information about the MLM and Network Marketing industry that they contain.

MLM Company USANA Reports Higher Q1 Sales

USANA Health Sciences, Inc. (USNA) today announced financial results for the fiscal first quarter of 2007, ended March 31. The first quarter of 2007 represented the 19th consecutive quarter of record sales for the Company.

MLM Company Herbalife Expands Charity Program

Children and their families will sit down to nutritious meals at the VanHarte charity restaurant in The Hague, Netherlands, with the support of the Herbalife Family Foundation’s Casa Herbalife program.

The aim of the VanHarte charity restaurant is to help individuals experiencing social exclusion, by creating a place where they can eat healthy foods inexpensively, meet others in a similar situation and be reintegrated into society.

New MLM Launch In Malaysia

EcoFirst Consolidated Bhd’s network marketing unit, EcoFirst Products Sdn Bhd, has introduced a revolutionary skin care product to establish its presence in the multi level marketing (MLM) industry.

Technical Analysis Of MLM Company USANA's Share Price

MLM company USANA is listed on the NASDAQ. This article takes a look at the performance of the company's shares and the likely outlook based on some commonly used technical indicators. Includes an interesting chart of the share price over the last few years.

Procter And Gamble Steps Up Pressure On Ex-Amway Distributors

Procter & Gamble is giving Amway distributors hell for trying to overturn a multimillion-dollar jury verdict against them for spreading the false rumor that the household-products giant supported a satanic church.

P&G has filed a brief opposing the distributors' request for an investigation into possible jury misconduct. The company argues there is no evidence of wrongdoing by the panel and that court rules prohibit questioning jurors about their deliberations.

More Allegations Against MLM Company USANA

Further damaging allegations from the "Fraud Discovery Institute" against MLM company USANA Health Sciences...

"The company presents their advisory board as an independent
medical body of experts that have affirmed the quality and
effectiveness of Usana products. But the reality is that
the entire board have vested financial interests in Usana's
success as multi level marketing distributorships,"
said Barry Minkow.

MLM Company Amway In Russia

The commercial centre of Amway in Rostov-on-Don celebrated the first anniversary of the operation. The company estimates the operation of Donskoy commercial centre as successful, it is in top 3 in terms of the sales among similar centres of the brand in Russia.

MLM Company Nu Skin Announces Management Appointment

Global personal care products selling Company Nu Skin Enterprises has appointed Gary K. Sumihiro as the new president of Nu Skin Japan and replaces Robert Conlee who held that position for over 3 years, but will continue to oversee the Company's North Asia region according to Nu Skin.

MLM Company USANA Expands Buyback Program

No lack of confidence from the board of MLM company USANA...

Usana Health Sciences, Inc., which develops and manufactures nutritional and personal care products, said Tuesday it expanded its share buyback authorization to $65 million from $25 million.

No Higher Bid For MLM Company Herbalife In Prospect

Looks like no new bid for MLM company Herbalife...

Herbalife stock tumbled on Monday after the company ended sale talks with its largest shareholder.

Shares of Herbalife were down $1.79, or 4.4%, to $38.48 in midday trading, after the maker of weight-management and nutrition products halted discussions between its board of directors and Whitney V., L.P. In early February, Whitney extended an all-cash offer of $38 per share to the company.

Offer To Buyout MLM Company Herbalife May Be Renewed

Looks like the the bid for MLM company Herbalife may be back on...

Whitney V LP, the largest shareholder of Herbalife Ltd., is in talks with the nutritional and diet supplement company to raise its previously withdrawn cash buyout offer, according to a regulatory filing with the Securities and Exchange Commission.

Criticism Of Earnings Call By MLM Company USANA

Interesting commentary about the recent earnings call by USANA and the lack of hard questions from analysts.

MLM Company USANA Under Fire After Earnings Call

The "Fraud Discovery Institute" kept up it's campaign against MLM company USANA Health Sciences after a recent earnings call hosted by the company.

MLM Company Herbalife Rejects Whitney Bid

Herbalife shares dropped Friday after a buyout rejection worried investors expecting a higher bid.

Shares of Herbalifeslimmed 77 cents, or 1.9%, to $39.50, after the company said an offer from private-equity firm Whitney V was too low. The drop after the rejection came even though shares would only be worth $38 if the deal was accepted.

Editor's Note: I posted this news previously but the Forbes article adds some detail.

Ex-Amway Distributors Appeal Procter And Gamble Decision

After the announcement earlier this week, the ex-Amway MLM distributors are appealing...

Lawyers for the four Amway distributors ordered to pay $19.25 million are trying to get the verdict thrown, alleging improper deliberations.

Investment Group Withdraws Offer For MLM Company Herbalife

An investment group whose bid for Century City-based Herbalife Ltd. was rejected said Friday that it was withdrawing the $2.7-billion offer — and that it might sell the Herbalife shares it owns or buy some more.