Avon Products Inc (AVP.N)
17 May 2013
|Market Cap (Mil.):||$10,403.18|
|Shares Outstanding (Mil.):||433.11|
- Avon Products Inc posted higher earnings on cost cuts and increased sales in Brazil and Russia, appearing to make progress in the turnaround plan its chief executive put in place last year.
April 30 - Avon Products Inc posted higher earnings on cost cuts and increased sales in Brazil and Russia, appearing to make progress in the turnaround plan its chief executive put in place last year.
NEW YORK, April 30 - Avon Products Inc : * Shares up 6.1 percent in premarket trading after results
April 30 - Avon Products Inc on Tuesday said first-quarter revenue fell 3.5 percent to $2.48 billion because of currency fluctuations, and the beauty products company reported a net loss of $13.7 million, or 3 cents per share, compared with net income of $26.5 million, or 6 cents per share a year earlier.
April 26 - Avon Products Inc said on Friday that longtime board member Fred Hassan resigned from its board to focus on his other professional commitments and that Doug Conant was taking over the role of nonexecutive chairman.
April 26 - Avon Products Inc said on Friday that Fred Hassan has resigned from its board and that the chief financial officer will temporarily fill a spot.
April 8 - Avon Products Inc said on Monday it will slash more than 400 jobs and exit the Irish market, the latest moves in the new chief executive's plan to return the beauty products company to profitability in the next two years.
April 8 - Avon Products Inc said on Monday it plans to slash more than 400 jobs as part of a previously announced cost-cutting initiative.
(The following statement was released by the rating agency) NEW YORK, March 07 (Fitch) Fitch Ratings has assigned a 'BB+ ' rating to Avon Products, Inc.'s (Avon) $1.5 billion senior unsecured notes issuance with the following tranches: --$250 million due in 2016; --$500 million due in 2020; --$500 million due in 2023; --$250 million due in 2043. The Rating Outlook is Stable. Avon intends to use the net proceeds, together with cash on hand, to refinance upcoming maturities and for general co
BOCA RATON, Fla./NEW YORK, Feb 21 - Avon Products Inc's path to restoring its former luster will be a series of unglamorous but important steps like updating computer systems, reducing its use of paper and air freight and improving the lighting in its stores in China.
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