News: Avon Products Inc (AVP.N)

AVP.N on New York Stock Exchange

22.02USD
1 Aug 2013
Price Change (% chg)

$-0.84 (-3.67%)
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$22.86
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$24.71
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$21.38
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Thu, Aug 1 2013

Avon profit beats views; offer to settle bribe probe rejected

- Avon Products Inc reported higher-than-expected earnings on Thursday, helped by a jump in business in its biggest market, Latin America, but said its attempt to settle a bribery investigation was rebuffed.

UPDATE 2-Avon profit beats views; offer to settle bribe probe rejected

Aug 1 - Avon Products Inc reported higher-than-expected earnings on Thursday, helped by a jump in business in its biggest market, Latin America, but said its attempt to settle a bribery investigation was rebuffed.

Avon sales rise 2 percent excluding currency effect

- Avon Products Inc on Thursday said second-quarter sales rose 2 percent, excluding the impact of currency fluctuations, as it benefited from big gains in Latin America, its largest market.

Avon sales rise 2 percent excluding currency effect

Aug 1 - Avon Products Inc on Thursday said second-quarter sales rose 2 percent, excluding the impact of currency fluctuations, as it benefited from big gains in Latin America, its largest market.

Investor confidence in Avon pushes CDS lower

NEW YORK, July 18 (IFR) - The credit default swap (CDS) spreads of Avon Products dropped a further 8bp to 190bp on Thursday and are now down 25% on the month, as the turnaround in the beauty products company continues to instill confidence in investors.

Avon sells jewellery unit for a fraction of original price

July 3 - Avon Products Inc has sold its Silpada Designs jewellery business for $85 million, three years after buying it for $650 million, to focus on its core beauty products business.

UPDATE 2-Coty fails to charm investors in market debut

June 13 - Shares of perfume and beauty products seller Coty Inc fell more than 3 percent in their market debut on Thursday, taking the gloss off the third-largest U.S. IPO this year.

UPDATE 1-Avon taps Tupperware exec to head N. America turnaround

May 20 - Avon Products Inc, the beauty products direct seller, said on Monday it tapped a former Tupperware Brands Corp executive to be responsible for turning around its business in North America, where sales have been declining for years.

Avon profit beats on cost cuts, sales jump in Brazil, Russia

- 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.

UPDATE 3-Avon profit beats on cost cuts, sales jump in Brazil, Russia

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.

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