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Prepare For Recession, NOW!

Feb. 28, 2020 All the signs of a perfect storm are coming together. The stock market has fallen nearly 3,000 points this week and is now in “correction” territory–Wall Street’s softer term for the crap is hitting the fan. A significant stock market decline is usually an advance indicator of an impending recession, based on …

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Medifast Beats on Earnings & Revenues, Q4, full-year report

Feb. 27, 2020 Medifast (MED) posted revenues of $170.63 million for the 4th quarter ended December 2019, surpassing the Consensus Estimate by 5.33%. This compares to year-ago revenues of $145.8 million. The company has topped consensus revenue estimates three times over the last four quarters. Fourth Quarter 2019 Highlights Compared to Prior-Year Period Revenue up …

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Noom Sees Growth, Investors

Jan 20, 2020 According to analysts and Bloomberg News, Noom has posted impressive growth, driven in part by aggressive advertising: Noom closed 2019 with $237 million in revenue, up from $61 million and $12 million in the two previous years, respectively. This New Year’s Day, 55,000 people signed up to lose weight with the smartphone …

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Jenny Craig Adds DNA Testing

Dec. 31, 2019 Jenny Craig’s new ad campaign promotes a DNA Decoder Plan that directs users toward the best food choices, based on their genetic makeup.  The company will have dieters first swab their cheeks and send off their genetic material for analysis, before developing a meal and exercise plan. Jenny Craig follows other companies, …

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