Consumer Goods

Youngevity International YGYID Stock News

Youngevity International Inc (NASDAQ: YGYI) is likely to have a strong day in the market today after announcing that it has appointed a new member of the management team. This comes after a slurry of news on the stock and shortly following the company’s listing on the NASDAQ.





YGYI Welcomes Luke Taffuri To The Management Team

As mentioned above, Youngevity International is likely to have a strong day in the market after announcing the appointment of Luke Taffuri to its management team. Taffuri has been appointed as the VP of International Sales and Operations. With him. Mr. Taffuri brings more than 22 years of direct selling experience in various positions. One of those positions was the Chief Operating Officer at Sorvana International, a company that YGYI recently acquired.




This is an important piece of news. After all, YGYI has been building the list of countries in which it operates. This combined with recent acquisitions that have increased geographic expansion, the need for a management position in the international sales and operations space has grown. Today, YGYI is operating in eight Asian Markets while growing its presence in Latin America and Eastern Europe. In a statement, Steve Wallach, Chairman and CEO at Youngevity, had the following to offer…

Our entire management team is very excited to announce the creation of the VP of International Sales and Operations role, and believe we found the perfect candidate in Luke Taffuri. As we continue to transition into a global company, we believe Luke’s experiences and industry relationships should optimize the international growth potential that exist in Youngevity today.”

The above statement was followed up by Mr. Taffuri, who had the following to offer…

I am impressed with what Youngevity has in place for their current international markets from an operational, technological, and product offering standpoint. I am most impressed, however, with the quality of the people and the culture that has been built throughout the organization. They have a great foundation illustrated by their 20 year history which I believe will lead to more efficient and productive transitions in the international marketplace. Initially I will focus on driving revenue growth across the global platform. As markets begin to scale I will set my sites on operational efficiencies and profitability.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on YGYI. In particular, we’ll be watching to see how Mr. Taffuri expands revenue and profitability on the global scale. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Harley-Davidson HOG Stock News

Harley-Davidson Inc (NYSE: HOG) has created an iconic brand in the motorcycle industry. However, today, the company is feeling the pain because no matter how strong their brand may be, their sales are suffering at the moment. As a result, the stock is taking a nosedive in the market today as investors react to the most recent data released by the company. Of course, our partners at Trade Ideas were the first to alert us to the declines. At the moment (10:26), HOG is trading at $47.01 per share after a loss of $4.99 per share (9.60%) thus far today.





HOG Dives On Sales Blues

As mentioned above, the iconic Harley-Davidson is falling on hard times in the market today after a warning from the company led to fear among investors. Early this morning, the company warned investors that both full-year bike sales as well as profit margins would likely fall short of analyst expectations for the year.




In their announcement, HOG said that full-year shipments of motorcycles to dealers are on a bit of a downtrend. In fact, shipments of new motorcycles to dealers are now expected to fall by between 6% and 8%. This is a massive slide, considering that the last thing we heard about this year’s shipments was that they would be either flat or down modestly. No one quite expected a reduction of 6% or more.

Unfortunately, United States industry challenges and an inadequate balance of supply and demand are leading to the lower forecasts. The big driver to the poor forecast has to do with third quarter deliveries. In particular, HOG said that it is expecting that third quarter deliveries of new motorcycles to dealerships will fall between 10% and 20%. Not to mention, the company said that it is expecting a full percentage point drop in operating profit margin for the year.

So, What’s The Rub?

Of course, any time sales are down, investors are going to get concerned. However, it’s not just about sales being down. At the end of the day, the concerns surround why sales are down. You see, the idea here is that millennials simply aren’t interested in living the HOG lifestyle. As lifestyle changes occur in large populations, spending habits start to change as well. While the motorcycle lifestyle may have been intriguing in older generations, leading to strong sales, the concern is that sales will continue to taper off as the new generation takes hold.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on HOG. In particular, we’re interested in learning what the company plans to do in order to combat the decline in sales. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Signet Jewelers Limited SIG Stock News

Signet Jewelers Limited (NYSE: SIG) was off to a relatively normal day in the market as the opening bell rang. The stock quickly saw some green, and some red. However, minutes ago, it started spiking in a big way, thanks to rumors that broke. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:50), SIG is trading at $61.23 per share after a gain of $0.71 per share or 1.17% thus far today.

SIG Gains On Takeover Chatter





As mentioned above, Signet Jewelers is having a strong start to the trading session today as rumors break. The rumor suggests that the company may soon be taken over. However, as is the case with most market rumors, this one is overwhelmingly vague. In fact, it doesn’t even suggest who may be taking the company over, nor what price they’re willing to pay to do so. Nonetheless, the rumor seems to be exciting investors who are pushing the value of the stock upward.



Any time we see rumors in the market, we feel that it is important to warn investors. At the end of the day, rumors happen all the time, and unfortunately, most of them prove to be false. This one seems no different. In generally, the takeover rumors that have validity to them are brought up by a credible source and offer far more information than a single line saying “$SIG Takeover chatter”. However, in this case, that’s all that’s offered. So, if you’re going to trade on this rumor, please do so with caution.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on SIG. In particular, we’re interested in seeing if there is any validity to the rumors that the company will be taken over. While a takeover would return incredible value to shareholders, we don’t believe that it’s actually going to happen. Nonetheless, anything can happen in the market. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Youngevity International YGYID Stock News

Youngevity International Inc (NASDAQ: YGYI) is having a relatively strong day in the market today, and for good reason. The company announced the launch of a new product early this morning through a press release. Of course, this led to excitement among investors, who sent the stock upward, prompting our partners at Trade Ideas to alert us to the gains. At the moment (10:42), YGYI is trading at $4.68 per share after a gain of $0.12 per share or 2.53% thus far today.





YGYI Gains On Launch Of Snap2Finish

As mentioned above, Youngevity International is having a strong start to the trading session today, and for good reason. The company announced the launch of Snap2Finish photo merchandise creation software in the United States and Canada. The software, available at www.Snap2Finish.com works through the combination of the tools and templates, ultimately offering a simplified design process.




Snap2Finish is an intuitive system that is mobile friendly. This ultimately gives anyone the ability to turn their favorite pictures into a large variety of gifts and products. These include photobooks, custom coffee mugs, custom travel mugs, photo puzzles, beach towels, and home decore items including metal prints, canvases, blankets and pillows. In a statement, Steve Wallach, Co-founder and CEO at YGYI, had the following to offer…

The photo printing and merchandise industry is already a $16.8 billion industry that is projected to become a $21.7 billion industry by the end of 2026… We have very positive performance expectations for Snap2Finish – we see it having the potential to be a key driver for our Photo Merchandise entry within the Home and Family vertical product category.”

The above statement was followed up by Dave Briskie, President and CFO at YGYI. Here’s what he had to say…

We are proud to launch Snap2Finish today and happy to offer another product category to our distributors that they can now bring to their customers… We are enthusiastic about our partnership with Fuji and quite pleased with the quality they are bringing to our Snap2Finish technology. We anticipate expanding these capabilities to our Australia and New Zealand markets later this year.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on YGYI. With recent acquisitions, new product launches, and more, there’s definitely plenty to watch. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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General Mills, Inc. GIS Stock News

General Mills, Inc. (NYSE: GIS) was off to a relatively normal day in the pre-market, and throughout the first few minutes of the trading session. However, minutes ago, the stock started to spike as rumors took hold, exciting investors. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:52), GIS is trading at $53.88 per share after a gain of $0.48 per share (0.90%) thus far today.





GIS Gains On Takeover Rumors

As mentioned above, General Mills was having a normal day in the market early on this morning. However, that all changed minutes ago as the stock started to spike. The gains seem to be the result of a vague rumor that’s taking hold in the market. The rumor suggests that the company will soon be taken over, but does not offer up who the buyer might be, nor at what price the potential takeover will happen.




With that said, it’s important to keep in mind that we see rumors like this all the time in the market. Unfortunately however, very few of them ever prove to be true. In the case of GIS, this isn’t even the first time this year that we’ve seen a takeover rumor surrounding the company. Given the fact that the rumor is overwhelmingly vague and that it seems impossible to track down the source of the rumor, I would bet my bottom dollar that this one is not true.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on GIS. In particular, we’re interested in following the rumor of the potential takeover. Of course, we don’t believe that this rumor is true. However, anything can happen in the market, so we’ll continue to follow the story closely and bring the news to you as it breaks!

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Abercrombie & Fitch Co. ANF Stock News

Abercrombie & Fitch Co. (NYSE: ANF) is having an overwhelmingly rough day in the market today, and for good reason. News broke that the company has canceled talks with regard to a potential sale. Of course, this led to fear among investors, pushing the value of the stock downward. As is normally the case, our partners at Trade Ideas were the first to alert us to the losses. At the moment (11:00), ANF is trading at $9.64 per share after a loss of $2.52 per share (20.72%) thus far today.





ANF Falls On Talk Termination

As mentioned above, Abercrombie & Fitch is having an incredibly rough day in the market today after announcing that it has terminated talks surrounding a potential sale of the company. Various reports broke this morning that the company has reviewed the potential sale in detail and has decided against it.

The talks surrounding the potential sale of the company started back in May, when several bidders seemed to be interested in the company. This led to a private equity firm known as Cerberus Capital Management working with American Eagle Outfitters to see if they could make a deal. A joint bid was offered, but ANF announced today that, after careful review, it was not interested in the sale.




This is overwhelmingly bad news, as ANF has been taking a dive for some time. In fact, due to the company’s failure to gain traction in its space over the past several years, it announced in May that it would be closing 60 stores in the United States by January of 2018.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching ANF incredibly closely. In particular, we’re interested in the steps the company intends to make to improve sales and revenue now that an acquisition seems to be off of the table. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Tesla Inc TSLA Stock News

Tesla Inc (NASDAQ: TSLA) is off to a relatively rough start in the pre-market hours this morning after the Insurance Institute for Highway Safety (IIHS) released information with regard to the Model S. Unfortunately, the news proved to be negative, causing concerns among investors and sending the value of the stock downward. As is normally the case, our partners at Trade Ideas were the first to alert us to the losses. At the moment (8:51), TSLA is trading at $317.40 per share after a loss of $9.69 per share or 2.96% thus far today.





TSLA Misses The Mark For The Top Safety Award

As mentioned above, Tesla isn’t having the best of days in the market today after it was announced that the new Model S failed to receive the top safety award from the IIHS. The issue had to do with the performance of the seat belt in the vehicle. Unfortunately, the Model S seat belt allowed the test dummy’s torso to move too far forward. As a result, the dummy’s head hit the steering wheel through the air bag. While the Model S did earn TSLA an “acceptable” rating, the car failed to earn the top safety award. Something that investors were hoping for. In their report, the IIHS had the following to offer:




The main problem with the performance of the Model S was that the safety belt let the dummy’s torso move too far forward, allowing the dummy’s head to strike the steering wheel hard through the airbag.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on TSLA. In particular, we’re interested in seeing how failing to achieve the IIHS top safety award will reflect on sales of the Model S. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Select Comfort Corp. SCSS Stock News

Select Comfort Corp. (NASDAQ: SCSS) is having an incredible time in the market at the moment, spiking upward in a big way as we speak. Minutes ago, a rumor broke that the company would soon be taken over. Of course, this led to excitement among investors, prompting gains in the stock and causing our partners at Trade Ideas to send the alert. At the moment (9:56), SCSS is trading at $33.76 per share after a gain of $1.78 per share (5.57%) thus far today.





SCSS Gains On Takeover Chatter

As mentioned above, Select Comfort Corp. is having a strong start to the trading session this morning as rumors surface on social media that the company may soon be taken over. While the rumor doesn’t insinuate a particular price on the takeover, the rumor does include a buyer. According to the chatter, Tempur Sealy International Inc (NYSE: TPX) is interested in buying the company. However, there has been no confirmation from either side as of yet.




It’s important to keep in mind that this isn’t the first takeover rumor that we’ve seen in the market and it definitely won’t be the last. At the end of the day, takeover rumors happen all the time. In the case of SCSS being acquired by TPX, we definitely understand why the rumor is breaking. Both companies are in the same industry and TPX has the funds available to acquire SCSS.  Ultimately, it’s the perfect rumor in the making. However, with no confirmation on either side, this could go either way. So, please be sure to trade with caution.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on both SCSS and TPX. In particular, we’re interested in learning more about the potential takeover. While it’s just a rumor at the moment, there’s a good chance that this one may be a real thing. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Youngevity International YGYID Stock News

Youngevity International Inc (NASDAQ: YGYI) is having an overwhelmingly strong start to the trading session this morning, and for good reason. The company announced the launch of a new member to its ProLine product collection. Ultimately, this led to excitement among investors, who pushed the value of the stock upward. At the moment (9:30), YGYI is trading at $6.78 per share after a gain of $0.45 per share (7.11%) thus far today.





YGYI Debuts Pürmeric™

As mentioned above, Youngevity International is having a strong time in the market at the moment after announcing the latest addition to its ProLine product collection. The addition, known as Pürmeric™, consists of 95% curcuminoids from certified organic tumeric root. As a result, the newest in the ProLine collection of products has the ability to deliver what is belived to be a greater antioxidant capacity than most tumeric products on the market today.




Tumeric is nothing new to the health industry. In fact, it has been used in Ayurvedic and Chinese medicines for hundreds of years as an anti-inflammatory agent. In fact, there are studies taking place as we speak that are designed to substantiate Eastern Medicine use of Tumeric. After all, antioxidants have become recognized as an element of good nutrition. In a statement, Steve Wallach, CEO and Co-Founder at YGYI, had the following to offer about the launch of Pürmeric:

We are proud to offer a powerful, organically sourced product that delivers the reported anti-oxidant benefits of curcumin… Pürmericis our newest addition to the Youngevity Performance product line – which addresses exercise performance-based nutritional needs that supports athletes and weekend warriors alike with nutritional benefits tailored to their pursuit of fitness.”

The above statement was followed up by Dave Briskie, President and CFO at YGYI. Here’s what he had to say:

Pürmeric delivers yet another example of our commitment to offering quality and science when we create a nutritional product or supplement… We are not in the business of offering ‘me-too’ products. We are in the business of offering robust product entries that can compete strongly across the supplement spectrum.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on YGYI. In particular, we’re interested in following the Pürmeric product with regard to sales ahead. We’re also following the CLR Roasters line of products as well as paying close attention to and excited to see any new products coming down the line. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Lululemon Athletica inc. LULU Stock News

Lululemon Athletica inc. (NASDAQ: LULU) is having an incredibly strong time in the market at the moment. In fact, minutes ago, a rumor broke that caused the stock to start spiking. As is almost always the case, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:18), LULU is trading at $56.20 per share after a gain of $1.16 per share (2.11%) thus far today.





LULU Gains On Going Private Rumor

As mentioned above, Lululemon Athletica is having a great time in the market as we speak. The reason is relatively simple. A rumor broke minutes ago that the company is going to be going private. The rumor is relatively vague, but a price is offered. It suggests that the company will go private at a price of $85 per share. However, there are no other details offered through the rumor.




It’s important to keep in mind that this isn’t the only rumor we’ve seen in the market recently. In fact, it’s not the only rumor surrounding LULU that we’ve seen. The truth of the matter is that rumors happen in the market all the time, and very few of them ever prove to be valid. While this particular rumor seems to have some validity, I wouldn’t get my hopes up, and neither should you. With that said, If you’re going to trade based on the rumor, please be sure to do so with caution.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping an incredibly close eye on LULU. In particular, we’re interested in following the rumor surrounding the company. While we don’t believe that it’s going to come to fruition, if the company does indeed go private at $85 per share, it would mean that exceptional value would be returned to investors. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Thought Leader Discussions

Gevo, Inc. GEVO Stock News

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Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...