On Thursday, Herbalife Ltd. (NYSE:HLF)’s shares declined -3.82 % to $ 44.85.
Herbalife Ltd. (HLF) will be in Washington, D.C. to educate their congressional representatives about Herbalife and how their lives have been improved since becoming involved with Herbalife. The members are visiting Washington, D.C. from California, Illinois, Louisiana, North Carolina, Maryland, South Dakota, and Tennessee
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. The company offers science-based products in four principal categories, counting weight administration; targeted nutrition; energy, sports, and fitness; and outer nutrition. T
Mobileiron Inc (NASDAQ:MOBL)’s shares dropped -25.16% to $7.11.
Mobileiron Inc (MOBL) declared preliminary results for the first quarter of fiscal year 2015 ended March 31, 2015.
Gross billings for the quarter are predictable to be in the range of $35.5-$37.0 million, below the company’s guidance of $40.0-$42.0 million. Recurring billings as a percentage of gross billings rose from 57% in the fourth quarter of 2014 to about 65% in the first quarter of 2015. Total non-GAAP revenue is predictable to be between $32.0-$33.0 million, contrast to guidance of $34.0-$37.0 million. Non-GAAP revenue excludes perpetual license revenue recognized from licenses delivered proceeding to 2013. Cash from operations is predictable to be in the range of negative $10.0 to $11.0 million. The company ended the quarter with cash and equivalents plus short-term and long-term investments of about $132.0 million.
MobileIron, Inc. provides a purpose-built mobile IT platform that enables enterprises to secure and manage mobile applications, content, and devices while providing their employees with device choice, privacy, and a native user experience.
At the end of Thursday’s trade, Cinedigm Corp (NASDAQ:CIDM)‘s shares dipped -23.00% to $0.970.
Cinedigm Corp (CIDM) declared that it intends to offer, subject to market conditions and other factors, $60,000,000 aggregate principal amount of convertible senior notes due 2035 (the “notes”) in a private placement to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchaser of the notes a 30-day option to purchase up to $9,000,000 additional aggregate principal amount of the notes.
The notes will be senior unsecured obligations of the Company. The notes will be convertible at the option of holders of the notes at any time until the close of business on the business day right away preceding the maturity date. Upon conversion, the Company will deliver to holders in respect of each $1,000 principal amount of notes being converted a number of shares of its common stock equal to the conversion rate, together with a cash payment in lieu of delivering any fractional share of common stock. The interest rate, the conversion rate and the other terms of the notes will be determined by negotiations among the Company and the initial purchaser of the notes.
Cinedigm Corp. distributes independent movie, television, and other short form content in the Unites States. It manages a library of distribution rights to about 52,000 titles and episodes released across theatrical, digital, physical, home, and mobile entertainment platforms, in addition to services digital cinema assets on about 12,000 movies screens.
Inventure Foods Inc (NASDAQ:SNAK), ended its Thursday’s trading session with -18.90% loss, and closed at $9.40.
Inventure Foods Inc (SNAK) has issued a voluntary recall of certain varieties of its Fresh Frozen™ line of frozen vegetables, in addition to select varieties of its Jamba “At Home” line of smoothie kits, due to the finding of Listeria monocytogenes, in its Jefferson, GA facility. Listeria is an organism that can cause infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, listeria infection can cause miscarriages and stillbirths among pregnant women.
Inventure Foods, Inc. manufactures and markets healthy/natural and indulgent specialty snack food products in the United States and internationally. It operates in two segments, Frozen Products and Snack Products.
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