Nova LifeStyle, Inc. (NASDAQ:NVFY) a U.S.-based fast growing, innovative designer and manufacturer of modern LifeStyle furniture, announced the appointment of ICR, a global financial communications firm, as its investor relations advisor. Nova Lifestyle Inc (NASDAQ:NVFY) shares after opening at $7.84 moved to $8.25 on last trade day and at the end of the day closed at $8.22. Company price to sales ratio in past twelve months was calculated as 2.05 and price to cash ratio as 97.75. Nova Lifestyle Inc (NASDAQ:NVFY) showed a positive weekly performance of 12.76%.
Orchids Paper Products (NYSEMKT:TIS) imploded 18% amid an investigation into its incentive practices. That the company makes paper napkins will be especially tough for one Morgan Stanley (NYSE:MS) stockbroker to stomach. Orchids Paper Products Company (NYSEMKT:TIS) shares advanced 5.30% in last trading session and ended the day on $29.19. TIS return on equity ratio is recorded as 16.20% and its return on assets is 10.70%. Orchids Paper Products Company (NYSEMKT:TIS) yearly performance is 31.78%.
Blyth, Inc. (NYSE: BTH) announced that its PartyLite division, the world’s largest direct-seller of candles, candle accessories and premium home fragrance products, has promoted Jennifer Messenger to Managing Director of PartyLite Australia. Ms. Messenger, promoted to General Manager in 2011, will continue to lead her team in all aspects of the business and support the Consultants and key leaders in her market. Blyth, Inc. (NYSE:BTH) shares moved up 6.18% in last trading session and was closed at $10.65 while trading in range of $10.12 – $10.82 – Blyth, Inc. (NYSE:BTH) year to date (YTD) performance is -2.11%.
Herbalife Ltd. (NYSE:HLF) continues to be a battleground stock for Carl Icahn and Bill Ackman. This time, Carl Icahn may go on the offensive in court against Pershing Square shareholders and Ackman, accusing them of spreading falsehoods about the company. Of course Ackman is the one whose public short of Herbalife dragged the company into the spotlight in late 2012. Herbalife Ltd. (NYSE:HLF) weekly performance is -1.20%. On last trading day company shares ended up $52.86. Herbalife Ltd. (NYSE:HLF) distance from 50-day simple moving average (SMA50) is -19.82%. Analysts mean target price for the company is $85.50.