Advertisement

Also

Share

* Herbalife International Inc. reported fourth-quarter net income of $10 million, or 31cents a share, up 33% from $7.5million, or 25 cents, a year ago. Sales fell 1% to $419 million.

The Westchester-based company said that excluding the effect of foreign currency fluctuations, earnings in the quarter ended Dec. 31 were flat at 25cents a share.

* The Federal Reserve Board approved an application by France’s largest bank, BNP Paribas, to buy United California Bank for $2.4 billion. The sale of United California Bank, which has $10.8 billion in assets and is controlled by UFJ Holdings Inc. of Osaka, Japan, was announced Dec. 10.

Advertisement

BNP intends to combine United California with BancWest, making it the 29th-largest U.S. bank with $30.6 billion in combined assets.

Advertisement