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USANA News
Npros MLM
/ Network Marketing News Archive
October 2008
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USANA Unveils Million Dollar Club Walk of Fame |
USANA Health Sciences, Inc. (NASDAQ: USNA) today unveiled its Million Dollar Club Walk of Fame at the entrance of its Salt Lake City headquarters.USANA’s Million Dollar Club is made up of independent distributors who have earned at least $1 million in commissions through their USANA business. USA...
Source: Business Wire
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USANA Unveils Million Dollar Club Walk of Fame |
Posted 9/16/2008
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USANA to Market Energy Drinks |
USANA Health Sciences Inc. said Thursday that it plans to enter the energy-drink industry, and company executives already appeared re-energized as they kicked off the company's international convention.After all, the Salt Lake-based company has put a lot of trouble in its rear-view mirror. With a...
Source: Deseret News
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USANA to Market Energy Drinks |
Posted 8/29/2008
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Usana to Enter Philippine Personal Care Market |
Nasdaq-listed food supplement firm Usana Health Sciences said it planned to begin operating in the Philippines, which would make the country its 14th market worldwide.The Utah-based firm develops and manufactures nutritional, personal care, and weight management products that are sold directly to...
Source: Philippine Daily Inquirer
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Usana to Enter Philippine Personal Care Market |
Posted 9/16/2008
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USANA to Hold 16th Annual Convention in SLC |
More than 8,000 people from around the world are expected to attend the USANA Health Sciences, Inc., 16th annual International Convention Aug. 27-30 in Salt Lake City. The event, to be held at the EnergySolutions Arena and the Salt Palace Convention Center, is one of the city's top five annual conve...
Source: Business Wire
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USANA to Hold 16th Annual Convention in SLC |
Posted 8/21/2008
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USANA Honored with Best of State Awards |
USANA Health Sciences, Inc. (NASDAQ: USNA), was recognized Saturday at the Best of State Awards ceremony with medals for the best dietary supplements and best personal-care products in Utah. USANA also received the prestigious Best of State statue in its overall category of merchandising and consume...
Source: PR-Inside.com
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USANA Honored with Best of State Awards |
Posted 6/5/2008
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USANA Regional Event to Feature MLM Training |
USANA Health Sciences, Inc, (NASDAQ: USNA) has invited trusted MLM training expert Tim Sales to speak at their Regional Celebration in Toronto on May 29th. Tim will teach USANA's associates how to find and invite prospects and overcome some of the highest hurdles network marketers face. "Tim Sale...
Source: PR Web
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USANA Regional Event to Feature MLM Training |
Posted 6/2/2008
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USANA Teams up with Pachuca Soccer Club |
USANA Health Sciences, Inc. (NASDAQ: USNA), a worldwide leader in science-based nutritional supplements, announced today it will be the official supplement supplier of Club Pachuca, Mexico’s oldest professional soccer club. Pachuca’s players will join a growing number of premier athletes from a w...
Source: Earthtimes
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USANA Teams up with Pachuca Soccer Club |
Posted 5/27/2008
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USANA board forms panel to evaluate buyout offer |
Nutritional supplement and skin care products company Usana Health Sciences said Tuesday its board of directors has formed an independent panel to evaluate a buyout offer from its chief executive and largest shareholder.Last Tuesday, investment firm Gull Holdings Ltd., which is controlled by Usan...
Source: CNNMoney.com
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USANA board forms panel to evaluate buyout offer |
Posted 5/27/2008
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USANA ordered to pay for SLAPP violation |
Vitamin maker USANA Health Sciences Inc. must pay a critic of the multilevel marketing industry who was forced to defend himself against a company lawsuit.Federal Magistrate Samuel Alba decided Wednesday that USANA owes $142,510 in attorney fees to a San Diego investigator, Barry Minkow, and his...
Source: LocalNews8.com
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USANA ordered to pay for SLAPP violation |
Posted 5/13/2008
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USANA in the Salt Lake Tribune |
1st quarter results Usana's sales drop and costs rise; earnings fall 28% Usana Health Sciences Inc. reported lower earnings for the first quarter of 2008, blaming the decrease on higher operating costs and a decline in net sales.
The nutritional, personal care and weight management products comp...
Source: Salt Lake Tribune
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USANA in the Salt Lake Tribune |
Posted 4/29/2008
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USANA Becomes Official Supplier of US Bobsled Team |
USANA Health Sciences, Inc. (NASDAQ: USNA), a worldwide leader in science-based nutritional supplements, today announced it has signed a two-year sponsorship agreement to be the official supplement supplier of nationally ranked USA Bobsled Team Radcliff. “I’ve done a lot of research on a variety...
Source: Business Wire
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USANA Becomes Official Supplier of US Bobsled Team |
Posted 4/29/2008
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USANA Receives Certification |
USANA Health Sciences, Inc. (NASDAQ: USNA) recently received certification of six of its products through NSF International’s Certified for Sport™ program. NSF’s independent certification helps athletes make educated decisions about the safety of the dietary supplements they choose to take. USANA...
Source: Business Wire
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USANA Receives Certification |
Posted 4/1/2008
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USANA Shares Plunge on Guidance Cut |
Shares of Usana Health Sciences Inc. plummeted following the nutritional and weight management product makers' move to cut its first-quarter guidance.The stock fell to $18.25 early in the trading session, its lowest point in nearly five years. Shares fell 20.8 percent, or $5.60, to close at $21.3...
Source: Forbes
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USANA Shares Plunge on Guidance Cut |
Posted 4/1/2008
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USANA Shares Plunge on Guidance Cut |
Shares of Usana Health Sciences Inc. plummeted following the nutritional and weight management product makers' move to cut its first-quarter guidance.The stock fell to $18.25 early in the trading session, its lowest point in nearly five years. Shares fell 20.8 percent, or $5.60, to close at $21.3...
Source: Forbes
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USANA Shares Plunge on Guidance Cut |
Posted 3/29/2008
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USANA Demonstrates Metabolic Syndrome Improvement |
USANA Health Sciences, Inc. (NASDAQ: USNA) announced today that a large, third-party clinical study recently completed at the University of Colorado Denver (UCD) has confirmed that lifestyle change, involving diet, supplementation and exercise, can improve the metabolic syndrome.The results of th...
Source: Centre Daily Times
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USANA Demonstrates Metabolic Syndrome Improvement |
Posted 3/12/2008
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USANA Wins Distributor Choice Award |
Distributors recently chose USANA Health Sciences (NASDAQ: USNA) as the best network marketing company for 2007 in an annual report released by MLM Insider. This marks the 10th year that USANA has ranked first in this category. Each year, thousands of distributors make their pick for the best com...
Source: Earthtimes
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USANA Wins Distributor Choice Award |
Posted 3/9/2008
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USANA Exec Sells Shares |
The executive vice president of operations for nutritional and skin care products company USANA Health Sciences Inc. sold 40,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.In a Form 4 filed with the SEC, Fred W. Cooper reported selling the shares on...
Source: Houston Chronicle
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USANA Exec Sells Shares |
Posted 3/6/2008
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USANA Meal Replacement Receives Approval |
USANA Health Science Inc.'s (NASDAQ: USNA) Nutrimeal' drink mix is the first meal replacement product in the Australian market to carry the coveted Glycemic Index (GI) Symbol. The GI Symbol Program is a public health initiative run by Glycemic Index Limited, which provides consumers with a credible...
Source: Ad-Hoc-News
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USANA Meal Replacement Receives Approval |
Posted 2/26/2008
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Usana Posts Hefty Sales |
Usana reported that sales in the fourth quarter of 2007 increased by 10.8 percent and reached $108.7 million, compared with $98.1 million in the fourth quarter of the 2006 fiscal year. Its fourth quarter profit, however, fell slightly to $11.06 million, or 67 cents per share, from $11.1 million or 6...
Source: Trading Markets
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Usana Posts Hefty Sales |
Posted 2/25/2008
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USANA Health Sciences Receives Recognition |
USANA Health Sciences, Inc. (NASDAQ: USNA) announced today that it has become a Founding Reporter of The Climate Registry. The Climate Registry is a non-profit organization established to measure and publicly report greenhouse gas emissions (GHG) in a common, accurate and transparent manner consiste...
Source: Business Wire
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USANA Health Sciences Receives Recognition |
Posted 1/21/2008
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USANA Says SEC Rules out Enforcement Action |
Usana Health Sciences Inc., a Salt Lake City-based multi-level marketing company targeted last year in a Securities and Exchange Commission probe, said it won't face further action because the U.S. watchdog agency found nothing incriminating.
Usana received notification from the SEC than its...
Source: Salt Lake Tribune
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USANA Says SEC Rules out Enforcement Action |
Posted 1/21/2008
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Shareholder Lawsuit Dropped Against USANA |
SALT LAKE CITY, Jan 03, 2008 (BUSINESS WIRE) -- USANA Health Sciences Inc. (NASDAQ:USNA) announced today that a Utah State court has dismissed the shareholder derivative action Larson vs. Wentz brought against USANA and several of its directors and executives in September 2007.The Plaintiff agree...
Source: Business Wire
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Shareholder Lawsuit Dropped Against USANA |
Posted 1/12/2008
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Usana Health Sciences Lawsuit Dismissed |
Usana Health Sciences Lawsuit Dismissed
Utah State Court Dismisses Shareholder Lawsuit Against Usana Health SciencesUsana Health Sciences Inc., which makes nutritional, personal care and weight management products, said Thursday a Utah state court dismissed a shareholder lawsuit related to clai...
Source: CNNMoney
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Usana Health Sciences Lawsuit Dismissed |
Posted 1/12/2008
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USANA Shares Jump on SEC Inquiry Closure |
Usana Health Sciences shares soared Friday after the nutritional and skin care products company said the Securities and Exchange Commission had closed its inquiry into the company's marketing model.Shares jumped $13.91, or 39.1 percent, to $49.48 Friday. In addition to closing its inquiry, Usan...
Source: chron
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USANA Shares Jump on SEC Inquiry Closure |
Posted 1/12/2008
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USANA Beats Q3 Estimates |
USANA (Nasdaq: USNA) reported Q3 EPS of $0.70, 4 cents better than the analysts estimates $0.66. Revenues for the quarter were $106.2 million, versus the consensus of $106.44 million. Company sees Q4 earnings from $0.66 to $0.68 versus a consensus of $0.68. Q4 revenues sees $108 million to $110 mill...
Source: StreetInsider.com
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USANA Beats Q3 Estimates |
Posted 10/23/2007
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USANA Health Sciences Regains Compliance with NASDAQ Listing |
USANA Health Sciences Inc. (NASDAQ:USNA) announced that a Nasdaq Listing Qualifications Panel has determined the Company is compliant with the continued listing standards of the Nasdaq Stock Market, including the Nasdaq Marketplace Rule 4310(c)(14) related to the filing of periodic reports with the...
Source: Trading Markets
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USANA Health Sciences Regains Compliance with NASDAQ Listing |
Posted 10/20/2007
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USANA President Elected Vice Chair of DSA |
USANA Health Sciences, Inc. (NASDAQ: USNA), today announced that Dave Wentz, president of USANA, was recently elected to a second term as vice chairman of the Direct Selling Association (DSA) Board of Directors and chairman of the Annual Meeting. As a board officer, Wentz will help direct the DSA...
Source: Business Wire
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USANA President Elected Vice Chair of DSA |
Posted 10/8/2007
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USANA Profiled in Trading Markets |
A report and profile featuring emerging companies within the nutritional supplement industry has been released by financial courier Small Cap Voice and is now available online to the investing public. The report will feature detailed information regarding Planet Nutrition Holdings (Pink Sheets:PN...
Source: Trading Markets
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USANA Profiled in Trading Markets |
Posted 10/8/2007
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USANA Appoints PricewaterhouseCoopers |
Usana Health Sciences Inc. (USNA) on Wednesday said it appointed PricewaterhouseCoopers LLP as the company's new independent registered public accounting firm. PricewaterhouseCoopers is expected to immediately begin reviewing the Company's financial results filed in Usana's Form 10-Q for the quarter...
Source: RTT News
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USANA Appoints PricewaterhouseCoopers |
Posted 9/11/2007
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USANA Announces Board Appointment |
USANA Health Sciences Inc. (NASDAQ:USNA) announced today that it has appointed PricewaterhouseCoopers LLP (PwC) as the Company’s new independent registered public accounting firm. “We are pleased to engage PwC, a global leader in the accounting profession, as our independent auditors,” said Ronal...
Source: Business Wire
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USANA Announces Board Appointment |
Posted 9/5/2007
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USANA Defends Business Practices |
We are writing this letter to express our concern with the article 'Most people won't get their money back', by Helen Malmgren, which appeared in the July 12, 2007 issue of National Business Review. Unfortunately, this article contained several misrepresentations of the facts and outright false...
Source: National Business Review
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USANA Defends Business Practices |
Posted 8/5/2007
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USANA Shares Drop Following Resignation |
NEW YORK — Shares of Usana Health Sciences Inc., which makes nutritional and personal care products, dropped Tuesday after the lawsuit-plagued company said its independent accountant has resigned.Shares fell $5.12, or 10.2 percent, to $44.98 in afternoon trading. The announcement of the resigna...
Source: Houston Chronicle
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USANA Shares Drop Following Resignation |
Posted 7/23/2007
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Auditor for Vitamin Maker USANA Quits |
SALT LAKE CITY — The accounting firm for embattled Utah vitamin maker USANA Health Sciences Inc. has resigned, and the company insisted Tuesday that no disagreement led to the departure.That would be unusual, corporate watchdogs say. A Securities and Exchange Commission filing hints at a dustup o...
Source: Houston Chronicle
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Auditor for Vitamin Maker USANA Quits |
Posted 7/23/2007
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USANA Health Sciences Rises on Forecast |
NEW YORK — Shares of USANA Health Sciences Inc. rose on Wednesday, after the nutritional and personal care products company forecast a strong third-quarter outlook on the heels of a 9 percent higher second-quarter profit.USANA said Wednesday that second-quarter earnings were fueled by higher sale...
Source: Houston Chronicle
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USANA Health Sciences Rises on Forecast |
Posted 7/23/2007
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USANA Q2 Profits Climb |
SALT LAKE CITY - USANA Health Sciences Inc., which makes nutritional and personal care products, said Tuesday its second-quarter profit climbed 9 percent.For the quarter ended June 30, net income rose to $11.3 million, or 66 cents per share, from $10.3 million, or 55 cents per share. Analysts p...
Source: Forbes
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USANA Q2 Profits Climb |
Posted 7/18/2007
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USANA Auditor Quits |
SALT LAKE CITY - The accounting firm for embattled Utah vitamin maker USANA Health Sciences Inc. has resigned, and the company insisted Tuesday that no disagreement led to the departure.That would be unusual, corporate watchdogs say. A Securities and Exchange Commission filing hints at a dustup o...
Source: Forbes
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USANA Auditor Quits |
Posted 7/18/2007
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Prompted by FTC BurnLounge Changes Business Model |
A digital music service accused by the U.S. Federal Trade Commission of running an illegal pyramid scheme has changed its business model and has worked out an agreement with the agency, the company said.BurnLounge Inc. has eliminated the "network marketing" portion of its business that was target...
Source: PC World
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Prompted by FTC BurnLounge Changes Business Model |
Posted 7/6/2007
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USANA Founder Receives Albert Einstein Award |
Dr. Myron Wentz, founder, chairman, and CEO of USANA Health Sciences, Inc. (NASDAQ: USNA), was honored Monday at a special ceremony in Jerusalem with the Albert Einstein Award for Outstanding Achievement in the Life Sciences. The Albert Einstein Award, given by Global Capital Associates, salutes...
Source: Business Wire
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USANA Founder Receives Albert Einstein Award |
Posted 7/6/2007
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USANA Probe Ends With Settlement |
Two officials at Salt Lake City-based Usana Health Sciences Inc. promised to stop representing themselves as certified public accountants, ending an investigation by Utah authorities into the vitamin maker, The Wall Street Journal reported Tuesday.Gilbert A. Fuller, the company's chief financial...
Source: HULIQ
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USANA Probe Ends With Settlement |
Posted 6/30/2007
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USANA to Sell Third Party Contract |
USANA Health Sciences, Inc. (NASDAQ: USNA) has signed a letter of intent to sell certain assets and inventory associated with the third-party contract manufacturing business at its Draper, Utah, facility. The terms of this transaction were not disclosed, however it is anticipated that the sale of th...
Source: StreetInsider.com
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USANA to Sell Third Party Contract |
Posted 6/10/2007
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USANA to Sell Draper Facility Assets |
Usana Health Sciences Inc., a multi-level marketing company based in Salt Lake City, said it has signed a letter of intent to sell assets and inventory associated with its third-party manufacturing business at its facility in Draper.
Bloomberg News reports the terms of the transaction were not...
Source: Salt Lake Tribune
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USANA to Sell Draper Facility Assets |
Posted 6/6/2007
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USANA Donates to Childrens Hunger Fund |
USANA Health Sciences, Inc. (USNA) announced today that it has expanded its long-standing support to a leading international charity, Children's Hunger Fund (CHF), with a $110,000 donation for the purchase and maintenance of a new semi truck for distribution of food, clothing and other critical reli...
Source: NPIcenter
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USANA Donates to Childrens Hunger Fund |
Posted 5/29/2007
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USANA Wins Two Best of State Awards |
USANA Health Sciences Wins Two Utah Best of State AwardsSALT LAKE CITY, Apr 30, 2007 (BUSINESS WIRE) -- USANA Health Sciences, Inc. (USNA) will be recognized on May 19, 2007 with two Utah Best of State Awards. USANA will receive an award for the best dietary supplements in the state of Utah along...
Source: NPI Center
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USANA Wins Two Best of State Awards |
Posted 5/1/2007
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USANA Director Withdraws Nomination for Reelection |
SALT LAKE CITY--(BUSINESS WIRE)--USANA Health Sciences Inc. (NASDAQ:USNA) issued the following statement today regarding allegations made concerning the academic credentials of board member, Dr. Denis Waitley: “Dr. Denis Waitley has decided not to stand for reelection to the USANA board of direct...
Source: BUSINESS WIRE
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USANA Director Withdraws Nomination for Reelection |
Posted 3/31/2007
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USANA Files Defamation Lawsuit Against FDI |
USANA Health Sciences Files Defamation Lawsuit Against Fraud Discovery Institute And Barry Minkow - Quick FactsThursday, USANA Health Sciences Inc. said that it has filed a lawsuit against the Fraud Discovery Institute and Barry Minkow in U.S. District Court in Salt Lake City, Utah for defamation...
Source: TradingMarkets
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USANA Files Defamation Lawsuit Against FDI |
Posted 3/20/2007
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Discovery Institute Reports on Usana Health Sciences |
SAN DIEGO, March 15 /PRNewswire/ -- The Fraud Discovery Institute, under the direction of Barry Minkow, has issued a report on public company, Usana Health Sciences, Inc., alerting authorities to possible fraud and also raising questions about the legitimacy of the entire multi-level marketing indus...
Source: PRNewswire
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Discovery Institute Reports on Usana Health Sciences |
Posted 3/18/2007
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Scheme report strikes USANA |
Shares of USANA Health Sciences tumbled Thursday after The Wall Street Journal reported on a 500-page critique of the company sent to the Security and Exchange Commission, the FBI and the criminal division of the IRS by the San Diego-based Fraud Discovery Institute.
The report was penned by Ba...
Source: Salt Lake Tribune
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Scheme report strikes USANA |
Posted 3/16/2007 | | | |