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Avon Products Inc (AVP.N)

AVP.N on New York Stock Exchange

2.14USD
3:52pm EST
Change (% chg)

$-0.04 (-1.61%)
Prev Close
$2.18
Open
$2.19
Day's High
$2.29
Day's Low
$2.13
Volume
1,039,710
Avg. Vol
998,494
52-wk High
$6.03
52-wk Low
$1.86

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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. | Video

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

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