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Stocks Avon Products Inc


  • NEW YORK, Sept 24- A little-known New York City investment firm and its owner were charged with fraud on Thursday by the U.S. Securities and Exchange Commission for issuing a misleading press release announcing their offer to buy 51 percent of Barnes& Noble Inc.. The SEC said the Feb. 21, 2014 statement from G Asset Management LLC and Michael Glickstein misled...

  • Disney to add Maria Elena Lagomasino to its board Tuesday, 22 Sep 2015 | 4:48 PM ET

    NEW YORK— The Walt Disney Co. said Tuesday that it has elected Maria Elena Lagomasino to its board. Lagomasino, who will join the Burbank, California, entertainment company in December, is the CEO and founder of financial advisory firm WE Family Offices. She has also worked at JPMorgan Chase& Co. and Citigroup Inc. Lagomasino also serves on the boards of The...

  • Top 5 stocks of the week and how to trade them Friday, 18 Sep 2015 | 4:10 PM ET
    Bottles of Coors Light beer, manufactured by Molson Coors Brewing Company.

    CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue for these companies.

  • Stocks close higher amid oil, Apple bounce Thursday, 10 Sep 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, off session highs as a bounce in oil and stocks failed to completely offset uncertainty ahead of the Fed meeting next week.

  • *Talks with Cerberus Capital, Platinum Equity, others-WSJ. Sept 10- Avon Products Inc, which sells cosmetics door-to-door, is in talks with private equity firms about an investment through a stake sale in the struggling company, the Wall Street Journal reported on Thursday. The company is conducting an auction process for a private investment in public equity...

  • Sept 10- Cosmetics seller Avon Products Inc is in talks with various private equity firms to sell a stake in the struggling company, the Wall Street Journal reported. The private equity firms include Cerberus Capital Management and Platinum Equity, the WSJ said. Avon has been struggling to turn around its business as it loses representatives- the so-called "Avon...

  • Sept 10- Avon Products Inc, a direct seller of cosmetics, is in talks with various private equity firms for a stake sale, CNBC tweeted, citing Dow Jones.

  • NEW YORK, Aug 18- Avon Products Inc is seeking approval of a $62 million settlement of a U.S. lawsuit accusing the cosmetics company of defrauding shareholders by concealing its failure to stop workers from bribing officials in China to win business. The proposed settlement was filed on Tuesday with the U.S. District Court in Manhattan and requires a judge's...

  • Early movers: PEP, AA, WBA, AVP, LB, AZN, MA & more Thursday, 9 Jul 2015 | 7:58 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • July 9- Drugstore chain Walgreens Boots Alliance Inc, formed by Walgreens' takeover of Europe's Alliance Boots in December, reported a better-than-expected quarterly profit, helped by higher prescription sales and lower costs. Walgreens Boots Alliance also bought Avon Products Inc's U.K.- based Liz Earle skincare business for 140 million pounds.

  • Cramer Remix: Twitter—get it together, or fail Monday, 15 Jun 2015 | 7:41 PM ET
    Jim Cramer on the set of Mad Money

    “Mad Money” host Jim Cramer issues a warning to Twitter—bye bye birdie?

  • Cramer: Mark my words—Twitter could fizzle Monday, 15 Jun 2015 | 6:49 PM ET

    Jim Cramer issues an official warning regarding Twitter stock, as it could be in much more trouble than you thought.

  • The U.S. Securities and Exchange Commission sued Nedko Nedev, 37, of Sofia, Bulgaria, and several corporate defendants in Manhattan federal court, after a firm calling itself PTG Capital Partners offered on May 14 to buy Avon for $18.75 per share, a 181 percent premium. According to the SEC, Nedev and others tried to manipulate prices of Avon, Rocky Mountain...

  • SEC files lawsuit over alleged fake Avon offer Thursday, 4 Jun 2015 | 1:35 PM ET
    Avon Products Inc.

    The U.S. Securities and Exchange Commission filed a lawsuit over an alleged fake offer to buy Avon Products.

  • According to the SEC, Nedev and others tried to manipulate the prices of Avon, Rocky Mountain Chocolate Factory Inc and Tower Group International Ltd by filing false tender offers on its public Edgar database, and issuing fraudulent press releases. Meanwhile, the SEC said the share price of Tower Group rose 32 percent on May 13, 2014 after a fraudulent press...

  • SEC sues over alleged hoax Avon, Rocky Mountain bids Thursday, 4 Jun 2015 | 12:10 PM ET

    NEW YORK, June 4- The U.S. Securities and Exchange Commission on Thursday accused a Bulgarian man and several corporate defendants of submitting bogus takeover bids for Avon Products Inc and two other companies to fraudulently drive up their share prices. In a complaint filed in federal court in Manhattan, the SEC accused Nedko Nedev and the other defendants of...

  • In a May 27 letter released on Thursday, Iowa Republican Senator Charles Grassley told the U.S. Securities and Exchange Commision he was concerned the incident exposes a "systemic vulnerability" within the SEC's EDGAR online repository. An SEC spokeswoman declined to comment on Grassley's letter. The SEC does not fact check or make corrections to filings, and...

  • Fake Avon filing puts spotlight on SEC Friday, 15 May 2015 | 5:53 PM ET
    SEC Securities and Exchange Commission

    Former SEC Inspector General David Kotz sthinks the SEC should do something to protect against future Avon-like hoaxes.

  • Easy access to Edgar database? Uh-oh Friday, 15 May 2015 | 4:00 PM ET
    Easy access to Edgar database? Uh-oh

    A look into the fake bid for Avon, with CNBC's Eamon Javers and David Kotz, former SEC Inspector General.

  • SEC examines phony Avon bid Friday, 15 May 2015 | 10:14 AM ET
    SEC examines phony Avon bid

    Inside the process of how a fake bid for Avon Products could have been filed, with CNBC's Eamon Javers.