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Avon Products Inc (AVP.N)

AVP.N on New York Stock Exchange

2.62USD
9:51pm IST
Change (% chg)

$-0.01 (-0.38%)
Prev Close
$2.63
Open
$2.65
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$2.65
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$2.60
Volume
124,408
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1,308,399
52-wk High
$4.89
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$1.86

Latest Key Developments (Source: Significant Developments)

Avon Products Says Entered Into Nomination Agreement With Shah Capital Management, Nuorion Advisors, And Barington Capital Group, Among Others
Tuesday, 27 Mar 2018 

March 26 (Reuters) - Avon Products Inc ::AVON PRODUCTS - ENTERED INTO NOMINATION AGREEMENT WITH SHAH CAPITAL MANAGEMENT, NUORION ADVISORS, AND BARINGTON CAPITAL GROUP, AMONG OTHERS.AVON PRODUCTS SAYS PURSUANT TO AGREEMENT, CO AGREED TO NOMINATE JAMES MITAROTONDA FOR ELECTION TO BOARD - SEC FILING.AVON PRODUCTS - IN CONNECTION WITH AGREEMENT, BARINGTON GROUP WITHDRAWN ITS NOTICE OF NOMINATION FOR 2018 ANNUAL MEETING.AVON PRODUCTS - UNDER TERMS OF AGREEMENT, EACH MEMBER OF BARINGTON GROUP AGREED TO ABIDE BY CERTAIN CUSTOMARY VOTING & STANDSTILL PROVISIONS.AVON PRODUCTS - AT 2018 ANNUAL MEETING BARINGTON GROUP WILL VOTE ITS SHARES OF CO'S COMMON STOCK IN FAVOR OF ELECTION OF DIRECTORS NOMINATED BY BOARD.  Full Article

Avon Q3 EPS $0.01 from continuing operations
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Avon Products Inc ::Avon reports third-quarter 2017 results.Q3 adjusted earnings per share $0.03 from continuing operations.Q3 earnings per share $0.01 from continuing operations.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q3 revenue $1.4 billion.Q3 revenue view $1.41 billion -- Thomson Reuters I/B/E/S.Avon Products Inc qtrly ‍south latin america revenue was down 1 pct, or relatively unchanged in constant dollars​.Avon Products Inc qtrly ‍north latin america revenue was up 5 pct, or 2 pct in constant dollars​.Avon Products Inc - ‍expects to meet its 2017 cost savings target and deliver positive free cash flow for year​.Avon Products Inc - ‍"with mixed results in q3 and some positive trends, we expect to see modest improvement continue in q4"​.Avon Products-is within about $25 million of annual savings target,is over half way to total cost savings targeted for 3 year transformation plan of $350 million​.Avon Products Inc - ‍expect annual results to come in below 2017 guidance​.Avon Products -‍expects improvement in q4, with flat to slightly positive performance compared to last year in constant-dollar revenue, adjusted operating margin​.Avon Products - ‍ during Q3 of 2017, co recorded costs to implement restructuring within operating profit of approximately $6 million before and after tax​.  Full Article

Avon Products CEO McCoy expected to step down from company- CNBC, citing DJ
Thursday, 15 Jun 2017 

June 14 (Reuters) - :Avon Products CEO McCoy expected to step down from the company - CNBC, citing DJ.  Full Article

Avon Products files for offering of Series C preferred stock up to $435 mln
Tuesday, 11 Oct 2016 

Avon Products Inc : Files for secondary offering of Series C preferred stock up to $435 million by selling securityholders . In addition, files for secondary offering of common stock up to $147.1 million by selling securityholders .In addition, files for secondary offering Series D preferred stock up to $142.8 million by selling securityholders.  Full Article

Avon Products closes senior secured notes offering
Tuesday, 16 Aug 2016 

Avon Products Inc :Avon announces closing of senior secured notes offering.  Full Article

Avon reports second-quarter 2016 results
Tuesday, 2 Aug 2016 

Avon Reports Second : Q2 adjusted earnings per share $0.07 from continuing operations . Q2 revenue fell 8 percent to $1.4 billion . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Quarter 2016 results . Q2 loss per share $0.01 . Q2 earnings per share $0.07 from continuing operations . Says company has identified additional savings, within supply chain and sourcing . Qtrly U.K. Revenue was down 7%, or was relatively unchanged in constant dollars .Says company has identified targeted $70 million of savings to be realized in 2016.  Full Article

Avon products announces cash tender offers
Tuesday, 2 Aug 2016 

Avon Products Inc : Avon announces cash tender offers .Commenced cash tender offers to purchase up to a total of $650 million aggregate principal amount of its outstanding notes.  Full Article

Pakistani man found liable for hoax Integrated Device takeover bid

NEW YORK A Pakistani man violated U.S. securities law by illegally trading Integrated Device Technology Inc stock options after submitting a bogus takeover bid for the chipmaker, a federal judge ruled on Tuesday.