Los Angeles, CA - November 21, 2012 - - Blyth(NYSE: BTH) stock gained 0.44% to $16.07. ViSalus announced that it will pay a $22 million dividend to its shareholders. As majority shareholder, Blyth will receive 72.7% of the dividend.
Additionally, Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the District of Connecticut on behalf of all persons or entities that purchased the securities of Blyth, between March 14, 2012 and November 6, 2012, inclusive, (the "Class Period"), alleging violations of the Securities Exchange Act of 1934 against the Company, certain of its officers and directors (the "Complaint").
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Vringo(AMEX: VRNG) shares fell 1.94% to $3.54. The company reported third quarter net loss of $3.1 million, mainly attributable to a non-operating income of $7.2 million. Third quarter total revenues were $266 thousand. On a per share basis, net loss fell by 83% to a net loss of $0.06 per basic share, compared to a loss of $0.36 per basic share, presented by Vringo in the second quarter.
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AOL(NYSE: AOL) stock increased 1.44% to $35.95. The company reported third quarter net income of $0.22 per share, compared to the loss of $0.02 per share in the prior year period. The consensus estimate was for EPS of $0.17. Total revenues remained flat at $531.7 million, but were above analysts' estimate of $521.56 million.
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Impax Laboratories Inc(NASDAQ: IPXL) shares climbed 1.25% to $20.28 in the early hour. The company announced that it will collaborate with Perrigo Company (NASDAQ: PRGO;TASE) on the development, manufacturing and commercialization of an extended topical generic drug product with first to market potential. The product and terms of the agreement were not disclosed.
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Microsoft Corporation(NASDAQ: MSFT) shares jumped 0.54% to $26.85. The company is going to sell its best selling Windows 8 at a discounted rate. The company has made it known to the public that it is going to offer Windows 8 with a 10-week introductory discount, in Kenya. Users that own Windows 7 for less than 6 months can get Windows 8 at Sh1, 300 and Windows XP, Vista and Win 7 users can download it at Sh3, 400.
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