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
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.