Key Developments: Avon Products Inc (AVP)

AVP on New York Consolidated

6.49USD
3 Jun 2015
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Latest Key Developments (Source: Significant Developments)

Avon Products Inc lowers FY 2015 revenue outlook
Thursday, 30 Apr 2015 07:01am EDT 

Avon Products Inc:Says it continues to expect constant-dollar revenue to be up modestly in FY 2015 as compared with 2014.However, based on recent foreign currency rates, revenue in reported dollars is expected to be negatively impacted by foreign currency translation, which is now expected to have an about 17 point negative impact (compared with the previous outlook of an about 12 point negative impact).Reported revenue of $8.851 bln in FY 2014.FY 2015 revenue of $7.773 bln - Thomson Reuters I/B/E/S.  Full Article

Avon Products Inc gives FY 2015 revenue outlook
Thursday, 12 Feb 2015 07:01am EST 

Avon Products Inc:Expects FY 2015 constant-dollar revenue to be up modestly.Says however, assuming January foreign currency spot rates, reported revenue is expected to decline due to an estimated 12 point negative impact from foreign currency translation.Reported revenue of $8.851 bln in FY 2014.FY 2015 revenue of $8.111 bln - Thomson Reuters I/B/E/S.  Full Article

Avon Products Inc to maintain regular quarterly dividend
Thursday, 12 Feb 2015 07:00am EST 

Avon Products Inc:Declared regular quarterly dividend of $.06 per common share, payable March 2 to shareholders of record on Feb. 23.  Full Article

Avon Products Inc names James S. Scully Executive Vice President and Chief Financial Officer
Wednesday, 28 Jan 2015 05:15pm EST 

Avon Products Inc:Announces the appointment of James S. Scully as Executive Vice President and Chief Financial Officer.  Full Article

Avon Products announces FCPA settlement with DOJ and SEC
Wednesday, 17 Dec 2014 05:19pm EST 

Avon Products, Inc:Enters into agreements with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) related to the previously disclosed Foreign Corrupt Practices Act (FCPA) investigations.Terms of agreements are in line with the expected terms the company previously reported.Agreements include aggregate payments of $135 million to two U.S. govt. agencies, with $68 million in fines payable to the DOJ and $67 million in disgorgement and prejudgment interest payable to SEC, in connection with charges it violated books and records and internal controls provisions of FCPA.Under a deferred prosecution agreement (DPA), which received court approval today, the DOJ will defer criminal prosecution of the company for a period of three years in connection with the alleged violations of the FCPA.  Full Article

Avon Products Inc reaffirms Q4 2014 revenue guidance - Conference Call
Thursday, 30 Oct 2014 01:00pm EDT 

Avon Products Inc:Continue to anticipate constant dollar sales and margin growth for the Q4 2014.Q4 2014 revenue of $2.485 bln - Thomson Reuters I/B/E/S.  Full Article

Avon Products Inc declares quarterly dividend
Thursday, 30 Oct 2014 07:00am EDT 

Avon Products Inc:Declares regular quarterly dividend on its common stock of $.06 per share.Payable on Dec. 1.Record date on Nov. 13.  Full Article

Avon Products appoints acting chief financial officer - Form 8-K
Friday, 17 Oct 2014 05:04pm EDT 

Avon Products Inc:Announced Robert Loughran, vice president and corporate controller, as acting chief financial officer effective Oct. 2.  Full Article

Avon Products Inc announces CFO transition
Monday, 8 Sep 2014 05:17pm EDT 

Avon Products Inc:Says Kimberly Ross, Executive Vice President and Chief Financial Officer, has resigned effective Oct. 02.Ross joined Avon in 2011.Robert Loughran, Vice President and Corporate Controller, will be appointed Avon's acting Chief Financial Officer effective Oct. 02, while company completes the search process for permanent CFO.  Full Article

Avon Products Inc declares dividend
Thursday, 31 Jul 2014 07:00am EDT 

Avon Products Inc:Declares a regular quarterly dividend on its common stock of $.06 per share.Payable Sept. 2, to shareholders of record on Aug. 14.  Full Article

Iowa Sen. Grassley wants SEC to review filing system after fake Avon bid

WASHINGTON - A U.S. senator is asking federal securities regulators to review their online government filing system for company financial statements after fraudsters used the site to file a phony takeover bid for Avon Products Inc .

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