Educational Development Corporation (NASDAQ: EDUC) recently announced record net sales of $40.4 million for the third quarter ended November 30, 2018. CEO Randall White announced that for the fiscal third quarter ended November 30, 2018, the company had net revenues of $40,482,600, an increase of $1,572,700, or 4.0 percent, when compared to $38,909,900 for the […]

Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we […]

Medical Marijuana, Inc. (OTC: MJNA), the first publicly traded cannabis company in the U.S., announced November as the largest-ever (unaudited) sales month in its history. Subsidiaries Kannaway® and Phyto Animal Health have also booked their largest-ever (unaudited) sales month in their history in November of 2018. The company has also reached major milestones in its business operations. “We are proud to announce […]

Millennials, who currently account for approximately 27 percent of the global population, are driving the growth of the digital payment market. According to FinancialBuzz.com, a financial news portal, payments by cash are slowly fading as the emergence of digital, or cashless payment options, are quickly being adopted by consumers. Technology is heavily integrated into the […]

Colorado-based New Age Beverages Corporation (NASDAQ: NBEV) announced the signing of a definitive agreement to acquire lifestyles and beverage company Morinda Holdings, Inc based in Utah. Consideration for the transaction will be $85 million, comprised of $75 million in cash and $10 million in New Age restricted stock based on the 40-day volume-weighted average price from closing. The cash consideration for the […]

Telecom Plus PLC (trading as the Utility Warehouse)  announced its half-year results for the six months ended 30 September 2018. Revenue was £311 million, up 4 percent from £299 million in 2017. The number of Members and services for the period increased by 10,479 and 86,372, compared to 5,265 and 36,348 in 2017 respectively. According […]