Blyth Inc. (BTH) announced after the close Tuesday that it agreed to sell the majority of its interest in its ViSalus network marketing subsidiary to the Founders and certain other preferred stockholders of ViSalus. Blyth will still retain a 10% stake in ViSalus.
Blyth gapped open sharply higher Wednesday morning and is now up 1.42 at $8.09 on above average volume. The stock has jumped to a 2-month high.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.