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Avon Products Inc (AVP.N)

AVP.N on New York Stock Exchange

2.12USD
9:17pm IST
Change (% chg)

$0.04 (+1.67%)
Prev Close
$2.09
Open
$2.09
Day's High
$2.13
Day's Low
$2.09
Volume
78,451
Avg. Vol
974,996
52-wk High
$6.03
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Thu, Aug 3 2017

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Rising losses, investor pressure push Avon CEO Sheri McCoy to quit

Avon Products Inc, which has been under pressure from activist investor Barington Capital, said Sheri McCoy will step down as chief executive next year, and reported another surprise quarterly loss.

UPDATE 3-Rising losses, investor pressure push Avon CEO Sheri McCoy to quit

* Stock falls to 1-1/2-yr low in morning trading (Adds forecast, Barington response; Updates shares)

Avon CEO Sheri McCoy to step down

Aug 3 Cosmetics maker Avon Products Inc, which has been under pressure from activist investors, said on Thursday Sheri McCoy will step down as chief executive in March next year.

BRIEF-Avon reports Q2 loss per share $0.12 from continuing operations

* Q2 adjusted loss per share $0.03 from continuing operations

Correction: Fitch Affirms Avon's IDR at 'B+'; Outlook Negative

(The following statement was released by the rating agency) NEW YORK, June 20 (Fitch) This is a correction of release published earlier today. It includes the affirmation of Avon International Operations, Inc.'s IDR at 'B+', which was omitted from the original release. Fitch Ratings has affirmed Avon Products, Inc.'s (Avon) Long-Term Issuer Default Rating (IDR) at 'B+'. The Rating Outlook is Negative. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS Weak Opera

UPDATE 1-Avon CEO expected to step down - WSJ

June 14 Avon Products Inc Chief Executive Sheri McCoy is expected to step down, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Avon CEO expected to step down - WSJ

June 14 Avon Products Inc Chief Executive Sheri McCoy is expected to step down, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

BRIEF-Avon Products CEO McCoy expected to step down from company- CNBC, citing DJ

* Avon Products CEO McCoy expected to step down from the company - CNBC, citing DJ

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