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Breaking News on Supplements, Health & Nutrition - North America EU edition | APAC edition

Trends > Financial focus

Financial focus

Financial focus

From the financial performance of ingredients companies to mergers and acquisitions that could impact supply or prices, we provide full details of all the latest financial news from companies operating in this dynamic market sector.

DuPont reports first positive sales numbers in several quarters

DuPont reported higher earnings on improved margins even as sales figures were hurt by foreign currency headwinds as a planned merger with Dow Chemical Co moves forward.

Herbalife agrees to $200 million fine, restructuring to settle FTC case

Herbalife announced today it has agreed to $200 million in compensation and to restructure its business practices to settle an investigation by the Federal Trade Commission.

Bad weather deflates Cyanotech's earnings

Bad weather that damaged algae production significantly depressed Cyanotech’s earnings performance in 2016, the company announced recently.

Crisis plan needs to extend to financial risk too, ChromaDex learns

Having a crisis communications plan in place to deal with allegations of financial impropriety is a must for a public company, as ChromaDex Corp recently learned to its chagrin.

MusclePharm countersues, saying Capstone couldn't deliver products on time

Sports nutrition company MusclePharm has filed a countersuit in its dispute with contract manufacturer Capstone Nutrition. MusclePharm alleges Capstone was unable to manufacture products on time.

Federal report on alternative health understates impact of supplements, CRN says

A recent communication from two federal agencies paints a promising picture of Americans’ allegiance to alternative health approaches but may understate how big a part dietary supplements play.

ChromaDex stock slide caused by 'baseless' allegations, CEO says

ChromaDex Corp has been the target of a short seller whose allegations against the company caused the company’s stock price to stagger. CEO Frank Jaksch called the attack ‘baseless.’

Perrigo unloads US supplements business to contract manufacturer

Perrigo has unloaded its US supplements business, with International Vitamin Corporation stepping up as buyer. The deal was seen by one observer as another step in the concentration of US-based...

Stauber gets off to roaring start with Hawkins

Another company has reported success with an acquisition in the dietary supplements ingredients space as Hawkins, Inc. reported strong earnings growth attributed in part to its purchase of Stauber.

Network marketing companies have special compliance challenge, expert says

The very nature of network marketing means companies selling dietary supplements using this model must be extra vigilant when it comes to compliance, an expert says.

Report: Herbalife settles with FTC

Herbalife has reportedly reached a settlement in its case with the Federal Trade Commission.

Nutraceutical International chugs along fueled by latest acquisitions

Nutraceutical International Corporation continues to make good on its acquisition strategy by posting a 7.4% net sales gain for its second quarter.

Capstone files $65 million breach of contract suit against MusclePharm

Capstone Nutrition has sued MusclePharm for breach of contract, stating in its complaint that “MusclePharm has essentially turned Capstone into its bank.”

Special edition: Omega-3s

After a bleak couple of years, omega-3 sales are back in the black

After a bleak couple of years, omega-3 sales are back on the rise, said GOED executive director Adam Ismail.

Network marketing continues to be growing outlet for supplements

Network marketing continues to be a huge outlet for nutritional products, and direct selling companies with supplements in their portfolios are among the best performing of these companies.

Mannatech to launch new weight management line in bid to regain momentum

Mannatech, a network marketing company founded on its patented ‘glyconutrient’ line of dietary supplements, is set to unveil a new weight management line the company hopes will boost results after...

MusclePharm ousts Pyatt as CEO, reports steep loss as it implements restructuring plan

MusclePharm CEO Brad Pyatt has resigned following questions from key investors about the firm’s corporate governance and a federal investigation that disclosed unreported perks.

Omega Protein exits high concentrate fish oils business; refocuses on base oil supply

Omega Protein Corporation has made a strategic decision to exit the concentrated omega-3s oils business, an industry segment it has been participating in since 2011. The company announced the move...

Activist investor turns up heat on Omega Protein over diversification strategy

Diversified human nutrition company Omega Protein is in an increasingly bitter battle with an activist investment firm that has questioned the very diversification plan that the company has touted in...

Traders pound USANA's stock over slowdown in China sales

USANA Health Sciences reported $232.6 million in net sales in its fourth quarter, a 2.1% year-over-year increase. That amounted to $1.83 in earnings per share, but these figures disappointed analysts,...

Major product liability insurance provider exits dietary supplements business

A major product liability provider is exiting the dietary supplement field, but observers of insurance trends said it’s unlikely to have big impact on insurance rates or availability.

Online retailer Swanson acquired by private equity firm

One of the dietary supplement industry’s largest online retailers, Swanson Health Products, has been acquired by acquired by a private equity firm.

New Jersey makes it easier for MDs to distribute supplements in move abetted by CRN

The New Jersey state legislature recently passed a law making it easier for health practitioners to integrate the use of dietary supplements into their practices. It’s a move that was...

"Transformational": Hawkins' acquisition of Stauber creates major player in manufacturing, supply space

Hawkins Inc. has announced completion of its acquisition of Stauber Performance Ingredients in a cash for stock transaction valued at $157 million. It’s the second time Stauber has changed hands...

Trends food businesses should take note of for 2016

Consumer trends-analyst Phil Lempert offers a remedy to brand agnosticism, the trend he says “food businesses should be most worried about.”