Partylite Parent Blyth Declines on Downgrade  

Blyth Declines on Analyst Downgrade

NEW YORK — Shares of Blyth Inc., which makes candles and other home accessories, fell Monday after an analyst downgraded the company, citing high raw material costs and stalling momentum in the company's direct selling business.

Shares tumbled $2.30, or 8.9 pe...

Source: Chron.com

Partylite Parent Co Snuffs Euro Biz  

Greenwich, CT — Blyth Inc., a candle and decor vendor, discontinued its European wholesale businesses (Edelman, Euro-Decor, Gies and Colony) during the second quarter ended July 31. The company reported loss of $68.6 million, or $1.72 per share, during the quarter, primarily because of impairment ch...

Source: Giftsanddec.com

Partylite Parent Blyth Surges on Guidance  

Blyth (BTH - commentary - Cramer's Take) surged 13% after it swung to a loss in the second quarter, hurt by a goodwill impairment charge. The Greenwich, Conn.-based company lost $89.4 million, or $2.24 a share, in the quarter, compared with the earnings of $4.2 million, or 10 cents a share, a year...

Source: TheStreet

Partylite Convention  

On a day that felt hot enough to melt wax, 7,500 eager candle saleswomen gathered downtown Wednesday to talk about ways to fire up sales.

The event is the annual national convention of PartyLite Gifts, a company that sells candles through in-home party shows, a la Tupperware. The conventioneers he...

Source: St Louis Today