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Los Angelas, CA -- (SBWIRE) -- 12/31/2012 -- Herbalife Ltd. (NYSE:HLF) has recently agreed to pay approximately US$22.2 million to purchase a manufacturing facility in Winston Salem, North Carolina, which will enhance its global manufacturing capacity and is in line with the company's stated strategy to increase self-manufacturing for its products. Shares of Herbalife rose 3.85% to US$29.39 with more than 14.76 million shares traded hands, compared to its average volume of 6.56 million shares.
Will New Regulations Weigh over HLF Revenue Stream? Find Out Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares increased 10.66% to $1.35. The company announced that the China International Economic and Trade Arbitration Commission (CIETAC) stated that the wafer equipment supply contract entered into in July 2008 between LDK Solar and JYT Corporation of Beijing (JYT) is valid and effective through the duration and at terms and conditions related to quantities and prices set forth therein.
How Should Investors Trade LDK After The Recent Volatile Moves? Find Out Here
Yongye International Inc (NASDAQ:YONG) shares jumped 15.12% and closed at $5.71. The company said the country’s state-owned bank offered to fund its going-private deal. Yongye signed a $99 million one-year loan agreement with China Development Bank Corp. China Development Bank agreed to provide debt financing of as much as $232 million to finance the deal.
Is YONG Ready To Move Back To New Highs This Year? Find Out Here
Nu Skin Enterprises Inc (NYSE:NUS) augmented 0.51% and closed at $35.34 on a traded volume of 2.32 million shares.The Company intends to increase its regularly scheduled dividend payments by 50%for 2013. The Company will have increased dividends for each of the 12 consecutive years since it instituted the payment of dividends to stockholders.
What Are NUS’s Charts Signaling For Traders? Find Out Here
RF Micro Devices Inc (NASDAQ:RFMD) was up 0.69% and closed at $4.38 on a traded volume of 3.75 million shares.Barclays Capital increased the rating on RF Micro Device from an equal weight rating to an overweight rating in a report released. Barclays Capital currently has $6.00 target price on the stock.The Company is engaged in the design and manufacture of radio frequency components and compound semiconductor technologies.
Is RFMD A Buy Or Sell At These Levels? Find Out Here
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