Business news briefs
Nu Skin set to
Nu Skin Enterprises Inc., a Provo-based multilevel marketing company that sells health and nutritional products, plans to increase its dividend by 50 percent in 2013. The company expects to pay a dividend of 30 cents per share for the first quarter next year, or $1.20 per year, compared to the previously dividend of 20 cents per share, or 80 cents per year.
USANA inks new
deal with skiers
USANA, a West Valley City-based multilevel marketing company that sells nutritional products, has signed four U.S. Ski and Snowboard Association athletes as its newest brand ambassadors. The company signed free skier Grete Eliassen and Nordic combined skiers Bill Demong, Bryan Fletcher and Taylor Fletcher.
hams in Utah
Dickey's Barbecue has introduced a new Barbecue Honey Ham at its 12 Utah locations. Utah is the second market in the nation where the new product was rolled out. The new offering is described as a lean, spiral cut glazed ham with a sweet and smoky flavor.
A federal judge has rejected Apple Inc.'s demand that its chief rival in the more than $100 billion global smartphone market cease selling models that contain illegally used Apple technology. The ruling means that Samsung can continue to sell three older-generation smartphones in the U.S. In August, a jury found that Samsung appropriated technology that Apple used to create its iPhone.
Confidence among U.S. homebuilders inched up this month, to the highest level in more than six and a half years, as builders reported the best market for new homes since the housing boom. The National Association of Home Builders/Wells Fargo builder sentiment index increased 2 points to 47 from a revised 45 in November. It was the highest reading since April 2006.
Oracle sees 2Q
Oracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology. The company earned $2.6 billion, or 53 cents per share, in its second quarter. That compares with net income of $2.2 billion, or 43 cents per share, last year. Revenue increased 3 percent to $9.1 billion.
Carl Icahn's American Railcar Industries Inc. offered $542 million for Greenbrier Cos., reviving a takeover bid he made four years ago to create the biggest U.S. maker of railroad freight cars. American Railcar had talks with Greenbrier that led to the $20-a-share bid, according to a SEC filing.
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