Seeking Alpha: Betting Big on GNC

Michael Wiggins De Oliveira, author at Seeking Alpha, discusses health supplement retailer GNC as his "Idea of the Month." He notes that even though the company is in debt by more than $1 billion, it's still a buy for him because of the measures the company is taking to wipe out the debt, including the $200 million in annual free cash flow.

More In Business

Microsoft-Activision Blizzard Deal One Step Closer After UK Approval

UK regulators granted preliminary approval for Microsoft to purchase Activision Blizzard.

WGA Continues Talking With Studios

The WGA said it's resuming discussions with studios.

UAW Expands Strike Against GM and Stellantis

The United Auto Workers union expanded their strike and will affect General Motors and Stellantis.

Poll: Majority Support Writers, Actors and Auto Strikes

A poll showed that a majority of Americans support the recent strikes involving writers, actors and auto workers.

FTC Sues Anesthesia Partners

The Federal Trade Commission is suing one of the country's top anesthesia staffing companies for alleged anti-competitive practices.

FAA: 2 Jetblue Crews Report Seeing Lasers During Flights

The Federal Aviation Administration said it's investigating a laser incident when two crews with Jetblue reported seeing them during flights.

Stocks Mixed as Wall Street Heads for Losing Week

Stocks were mixed at the open but Wall Street was heading for a losing week as investors digested the hints that the Federal Reserve could raise rates before the end of the year.

On A Positive Note: 13-Year-Old New Jersey Boy Launches Car Detailing Business

On A Positive Note: 13-Year-Old New Jersey Boy Launches Car Detailing Business

Taylor Swift Names Few Songs Coming on Album

Taylor Swift Names Few Songs Coming on Album

Darden's Quarterly Profit, Revenue Beat Expectations

Darden's Quarterly Profit, Revenue Beat Expectations

Load More