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Saturday 13 June 2015
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Latest Update

Afternoon Trade Stocks Roundup: Herbalife Ltd. (NYSE:HLF), 3D Systems Corporation (NYSE:DDD), CBL & Associates Properties, (NYSE:CBL), Lightinthebox Holding Co (NYSE:LITB)

On Friday, in the course of current trade, Shares of Herbalife Ltd. (NYSE:HLF), dropped -0.17%, and is now trading at $ 52.47.

Herbalife Ltd., declared an expansion of the company’s global corporate affairs team based in Los Angeles. The company welcomes three practiced individuals to the global leadership team: Ric Hobby, who will serve as the company’s senior vice president for global government relations; Megan Jordan, who will serve as the company’s senior vice president for global corporate communications; and Randall Popelka, who will serve as vice president, government and industry affairs.

Two present members of the team, Julian Cacchioli and Elaine Pacheco will take on new responsibilities within the global corporate affairs team as the office undergoes a noteworthy expansion and reorganization.

Herbalife Ltd., a nutrition company, develops and sells weight administration, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products.

During an Afternoon trade, Shares of 3D Systems Corporation (NYSE:DDD), dipped - 1.12%, and is now trading at $ 21.23.

3D Systems Corporation, declared that it has partnered with e-NABLE Community Foundation (ECF) to support e-NABLE, the global network of makers, inventors and designers using 3D printing to make functional, prosthetic hands that are donated to people in need. Building upon 3DS’ mission of Making Good, this partnership leverages the company’s 3D digital fabrication products, services and expertise to expand access to, improve the capabilities of, and educate the public about these life-changing assistive devices.

3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries.

Shares of CBL & Associates Properties, Inc. (NYSE:CBL), during its Friday’s current trading session fell - 0.52%, and is now trading at $ 17.13.

CBL & Associates Properties, declared that it closed on the sale of Eastgate Crossing, a 175,000-square-foot community center located in Cincinnati, OH. The gross sales price of $22.8 million comprises $1.7 million of future earn-out payments and the assumption of a $14.6 million loan secured by the property. The center was attained by a joint venture of Inland Real Estate Corporation.

“We are happy to close on the sale of Eastgate Crossing, marking another step forward in our disposition program,” said Stephen Lebovitz, CBL’s President & CEO.

CBL & Associates Properties, Inc. is a public real estate investment trust. It engages in acquisition, development, and administration of properties. The fund invests in the real estate markets of United States.

Finally, Lightinthebox Holding Co Ltd-ADR (NYSE:LITB), lost -4.25% Friday, hitting its highest level.

Lightinthebox Holding Co Ltd, declared its unaudited financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

  • Net revenues were $87.6 million, an enhance of 7.4% year-over-year. Not taking into account an $11.7 million year-over-year unfavorable foreign exchange impact, non-GAAP net revenues were $99.3 million, up from non-GAAP net revenues of $81.7 million in the first quarter of 2014
  • Revenues from North America raised by 36.2% year-over-year to $22.3 million
  • Total number of orders grew 43.6% year-over-year to 2.8 million, while the total number of customers who made purchases raised by 32.4% year-over-year to 2.0 million
  • Mobile revenue raised to 30.4% of total net revenues, contrast with 23.8% in the same quarter of 2014, and 29.7% in the fourth quarter of 2014
  • Revenues from repeat customers accounted for 46.0% of total net revenues, contrast with 37.8% in the same quarter of 2014, and 44.2% in the fourth quarter of 2014
  • Non-GAAP net loss was $8.7 million, contrast with non-GAAP net loss of $7.6 million in the same quarter of 2014
  • Non-GAAP net loss per ADS was $0.18, contrast with non-GAAP net loss per ADS of $0.15 in the same quarter of 2014

LightInTheBox Holding Co., Ltd., through its auxiliaries, operates as an online retail company. The company provides apparel products, counting customized, special occasion, and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products.

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