Discretionary Sector Watch: Blyth
December 8, 2009 (FinancialWire) — Blyth, Inc. (NYSE: BTH) (Approx. Market Cap: US$ 269.3 Million) was one of the top three stocks among yesterday’s combined NYSE-NASDAQ-AMEX 25 greatest percentage losers, trading on volume of 79,400 shares and losing $44.0 million.
Blyth, Inc. operates as a multi-channel company in home fragrance and decorative accessories industry. The company operates in three segments: Direct Selling, Catalog and Internet, and Wholesale. The Direct Selling segment designs, manufactures, markets, and distributes a line of products, including scented candles, candle-related accessories, and other fragranced products under the PartyLite brand name. It also engages in gourmet food business under the Two Sisters Gourmet brand name, as well as sells nutritional supplements, energy drinks, and weight management products. Blyth operates primarily in the United States, Australia, Austria, Canada, Denmark, Finland, France, Germany, Ireland, Mexico, Norway, Switzerland, and the United Kingdom. The company was founded in 1976 and is based in Greenwich, Connecticut.
Additional information about yesterday’s NYSE/NASDAQ/AMEX market activity is available via today’s “FirstAlert(tm) Money Index Synopsis” (http://www.financialwire.net/2009/12/08/firstalert-money-index-synopsis-13/), which is an indicator of the depth of market direction or indirection. While not always including the same stocks, the NYSE/NASDAQ/AMEX 25 most actives and NYSE/NASDAQ/AMEX greatest percentage losers and greatest percentage winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market.
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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279). Recently issued reports and/or recorded webcasts include Aria International Holdings, Inc. (OTCBB: ARAH), Continental Materials Corp. (AMEX: CUO), Darling International, Inc. (NYSE: DAR), Document Security Systems, Inc. (AMEX: DMC), and Juhl Wind, Inc. (OTCBB: JUHL).
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