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Herbalife up nearly 4% after FTC chief sets exit

Jan. 13, 2017 2:56 PM ETHerbalife Ltd. (HLF) StockNUS, AVP, HLF, PRIBy: Stephen Alpher, SA News Editor268 Comments
  • A notable opponent of MLMs, FTC Chairwoman Edith Ramirez announces her resignation, effective Feb. 10. Her exit will leave just two commissioners - one a D, and one a R - meaning the new administration will have three slots to fill.
  • Ramirez's replacement will also surely be less hostile to mergers (she helped stop the Staples/Office Depot and Sysco/ U.S. Foods deals).
  • Herbalife (HLF +3.8%), NuSkin (NUS +2.3%), Avon (AVP +1.1%), Primerica (PRI +3%) are among the names which may find easier sledding.

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