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ForeverGreen Offers 2013 Guidance

OREM, Utah–(BUSINESS WIRE)– ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading provider of nutritional foods and other healthy products, today announced guidance for the fiscal year 2013 ending December 31, 2013.

The company anticipates revenues of $16-$18 million with $0.04-$0.07 earnings per share.

“We are pleased with the progress the company is making. Over the last two years we have undergone cost cutting efforts that have made us more efficient. Now, with some higher margin products driving our sales growth, the company expects to show profitability. This number should continue to increase during 2014. With our new product brand driving a large portion of this growth, and with much of the world still an untapped market for us, we do not see a slowdown in our growth rate for the next 18-24 months. Since we have about 18 million shares outstanding, small positive changes to our growth rate and net margins can have a significant impact on our earnings per share. After several years of delivering the message of a healthy lifestyle to a loyal base of customers, we are now delivering the financial metrics that our shareholders like. Since increasing shareholder equity is our top priority, we will continue to keep investors abreast of all key developments,” stated Ron Williams, CEO.

ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America. Offerings include their new global offering, Power Strips. Additionally, they offer Azul and FrequenSea™ whole-food beverages with industry exclusive Marine Phytoplankton, Versativa line of hemp-based whole-food products, A.I.M. Transfer Factor immune support, 03World™ weight management products, Pulse-8 powdered L-arginine formula, TRUessence™ Essential Oils and Apothecary, 24Karat Chocolate®, and an entire catalog of meals, snacks, household cleaners and personal care…. Read more


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    Baxter Achieves Its First Quarter Expectations and Confirms 2013 Full-Year Guidance

    Baxter Achieves Its First Quarter Expectations and Confirms 2013 Full-Year Guidance

    DEERFIELD, Ill.–(BUSINESS WIRE)– Baxter International Inc. (NYS: BAX) today reported first quarter financial results in line with the company’s previously issued guidance and confirmed its full-year 2013 financial outlook.

    For the first quarter, Baxter reported net income of $552 million and earnings per diluted share of $1.00, compared to net income of $588 million and earnings per diluted share of $1.04 in the same period last year. First quarter 2013 results include after-tax special items totaling $29 million (or $0.05 per diluted share) primarily for deal-related costs associated with Baxter’s planned acquisition of Gambro AB, a global medical technology company focused on developing, manufacturing and supplying dialysis products and therapies for patients with acute or chronic kidney disease. First quarter 2012 results included a net after-tax benefit from special items totaling $19 million of income (or $0.03 per diluted share) for payments and adjustments pertaining to business development transactions.

    On an adjusted basis, excluding special items in both periods, Baxter’s first quarter net income of $581 million increased 2 percent from $569 million reported in 2012. Adjusted earnings per diluted share of $1.05 rose 4 percent from $1.01 per diluted share last year, in line with the company’s previously issued earnings guidance of $1.03 to $1.05 per diluted share.

    Worldwide sales of $3.45 billion increased 2 percent compared to $3.39 billion reported in the first quarter of 2012. Sales within the United States increased 1 percent, totaling $1.48 billion, while international sales of $1.97 billion increased 2 percent. The impact of foreign currency on sales growth in the quarter was immaterial.

    By business, BioScience revenues of $1.53 billion rose 5 percent, driven primarily by strong demand for ADVATE [Antihemophilic Factor (Recombinant), Plasma/Albumin-Free Method] for the treatment of hemophilia, as well as certain plasma-based therapeutics and vaccines. Medical Products sales of $1.92 billion were comparable to the prior-year period as growth for intravenous therapies was more than offset by lower sales in the company’s pharma-partnering business…. View more


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      5 Hidden Surprises in Netflix’s Great Quarterly Report

      By now, you’ve probably seen Netflix’s (NFLX) latest quarterly report picked apart a zillion ways.

      Shares of the leading video service opened sharply higher on Tuesday after it posted blowout results. Revenue, adjusted earnings, and subscribers all clocked in ahead of Wall Street expectations. Investors like that, of course. However, when we dig deeper into the strong financial report and subsequent conference call, we’re going to pull out some gems that may surprise you.

      1. The Average Subscriber is Streaming Roughly an Hour a Day

      There are now 36.3 million streaming subscribers worldwide, and a big reason for Netflix’s success is that the value proposition of $7.99 a month for an unlimited buffet of video titles is too juicy to let go.

      Netflix points out that it served up 4 billion hours of content to its streaming customers during the first three months of the year. Divide that by the midpoint of the 33.2 million streaming accounts that Netflix had when the year began and the 36.3 million that it had three months later and you get an average of 115 hours of content per member during the quarter — or roughly an hour a day.

      Yes, Netflix is that magnetic. Worrywarts arguing a couple of years ago that premium entertainment services have a history of peaking around 25 million don’t realize that Netflix is rewriting the rules.

      Source: http://www.dailyfinance.com/2013/04/23/netflixs-quarterly-report-hidden-surprises/


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