Blyth Rose Fifth & Pacific Down
Beijing time October 2nd Morning News
Blyth
After Monday's rally, the company agreed to postpone the acquisition of its tonic subsidiary ViSalus.
After Fifth and Pacific lowered their annual performance expectations, the share price weakened.
Blyth (BTH) rose 4.2% to $27.90 after the session.
The company said it had reached an unbinding agreement with ViSalus founder and postponed the final step until April 2014.
The company provides weight management services, energy drinks and nutriments.
Blyth is expected to own 50% of ViSalus.
Blyth said that the purchase agreement will be modified so that the purchase price can be based on ViSalus's profit before interest tax depreciation and amortization in 2013.
Pet products retailer PetSmart (PETM) rose 3% to $69.56.
Standard & Poor's Dow Jones Index said the company will replace Sunoco Inc (SUN) into the S & P 500 index.
It is expected that this change will be completed after Thursday's closing, when Energy Transfer Partners LP (ETP) will complete the acquisition of Sunoco.
clothing
Producer Fifth & Pacific (FNP) plunged 14% to $11.04 after the session.
The company lowered its performance expectations in 2012, on the grounds that the Juicy Couture brand was not performing well.
The company expects to earn $100 million to $112 million a year before interest tax depreciation and amortization, which was expected to be between $125 million and $140 million.
Fifth & Pacific
The sale of Juicy Couture products at full price is seriously inadequate, and it is expected that this trend will continue throughout the year.
The US stock market climbed strongly on Monday as data showed that manufacturing activity unexpectedly increased in September.
After the defense of the chairman of the Federal Reserve, Bernanke, defended QE3, the main stock index fell.
The Dow Jones industrial average rose 78 points, to 13515.11 points, or 0.6%; the standard & Poor's 500 index rose 0.3%, to 1444.49 points, while the NASDAQ (micro-blog) composite index fell 3 points, closing at 3113.53 points.
- Related reading
The Garment Manufacturing Industry Has Two Point Nine Four Months' Orders On Hand.
|
The Trend Of Consumption Recovery In Textile And Garment Industry Has Been Established.
|
- Communication | 5 Types Of People In The Workplace Are Not Suitable For Deep Friendship.
- Workplace planning | How To Get Out Of The Low Tide Of Work
- Personnel and labour | Did You Itch For Workplace "Seven Year Itch"?
- Marketing manual | Clothing Marketing: Don't Take Too Much, Easy To Press Goods.
- Management treasure | Beginners Must Know 12 "Hidden Rules" When They Open Stores.
- Fashion item | Shaping The Elegant Winter Streets With Elegant Elegance
- Accounting teller | 預算：業務預算和創新預算
- Mall Express | Taobao Will Duplicate The Mobile Version Of Double 11 To Open The 38 Crazy O2O Mode.
- asset management | Get Rid Of The Constraints Of Calendar Year And Financial Year.
- Office attire | Do You Want To Wear A Suit On The First Day Of Work?
- The "Eleven" Market Starts Full Promotion And Overweight.
- Fast Fading Brand ZARA Frequent Quality Door
- PMI Rebound In Manufacturing Sector Shows Economic Stabilization Trend
- Holland Fashion Design Unveiled In Shenzhen Pavilion
- Professional Suit "Cross Professionalism" Work And Life
- Erdos Clothing Quality Is In Line With The Standard.
- Fashion Designer Liu Wei
- The Senator Who Was Supported By The US Textile Commission Was Put Forward By The American Dress Code.
- Zhang Xiaoqing Served As President Of Yexu Dress Group.
- Multi Character Fashion Ensemble