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Avon Products Inc

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  • UPDATE 2-Avon expects profit from N. America in 2015 Thursday, 31 Jul 2014 | 12:30 PM ET

    *Q2 revenue falls 13 pct, but Brazil improves. The cosmetics maker said in June it would cut about 600 jobs, largely in its North America unit, and said it expected restructuring efforts to save about $50- $55 million a year.

  • While Avon's second-quarter profit and sales both fell short of Wall Street's expectation, analysts' highlighted the fact that the company's sales rose in its largest market, Brazil.

  • Avon 2Q slumps as sales fall at home and abroad Thursday, 31 Jul 2014 | 9:01 AM ET

    NEW YORK, N.Y.— Avon's profit slumped by 40 percent in the second quarter with the struggling cosmetics company booking weak sales in the Americas. Revenue in North America tumbled 20 percent, it fell 16 percent in Latin America and 13 percent in the Asia Pacific region.

  • Avon profit falls 40 pct Thursday, 31 Jul 2014 | 7:23 AM ET

    July 31- Avon Products Inc, a direct seller of beauty products, reported a 40 percent fall in quarterly profit as sales were hurt by increased competition in key markets such as Latin America and the United States.

  • Barclays launches Women in Leadership Index and ETNs Wednesday, 9 Jul 2014 | 8:07 PM ET

    The new index will be composed of companies with a female chief executive officer or women making up at least one-fourth of the board of directors, Barclays said on Wednesday in a statement. In connection with the launch, Barclays executives will ring the opening bell of the New York Stock Exchange on Thursday.

  • Early movers: MU, AAPL, DF, MCRS & more Tuesday, 24 Jun 2014 | 7:50 AM ET
    Traders work the floor of the New York Stock Exchange.

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

  • Struggling cosmetics maker Avon to cut 600 jobs Tuesday, 24 Jun 2014 | 6:50 AM ET

    Cosmetics maker Avon Products said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit.

  • June 23- Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit. The company is struggling to turn around its fortunes after a host of problems in key markets such as Russia, Latin America and the United States hurt profits.

  • Cosmetics maker Avon Products to cut about 600 jobs Monday, 23 Jun 2014 | 5:25 PM ET

    June 23- Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company tries to return to profit. Avon said it would take a pretax charge of $45 million- $50 million, of which $40 million was expected to be recorded in the second quarter.

  • Beauty in a box: A new way to buy cosmetics Tuesday, 17 Jun 2014 | 6:10 AM ET
    Katia Beauchamp and Hayley Barna, co-founders of Birchbox

    Sick of trying to curate cosmetic products? A subscription to Birchbox—which sends samples of high-end beauty products—may be the answer.

  • 'Sell in May' just isn't what it used to be Friday, 30 May 2014 | 9:40 AM ET
    Traders work on the floor of the New York Stock Exchange.

    For the second year in a row, selling in May hasn't panned out the way people thought it would.

  • Rally or not, these industries are in a correction Wednesday, 21 May 2014 | 12:47 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks may be rallying Wednesday, but there are still plenty of industries that have lost substantial ground.

  • Midday movers: Kate Spade, Macy's, Zulily & More Wednesday, 14 May 2014 | 12:09 PM ET

    Some of Wednesday's midday movers:

  • May 14- Perfume and cosmetics maker Coty Inc reported a better-than-expected adjusted profit, helped by growth in its fragrance and skincare business, primarily in Europe and emerging markets.

  • May 2- Estee Lauder Cos Inc, known for its Clinique and MAC brands, raised its earnings forecast for the full year, driven by the launch of new skin care and makeup products. Estee Lauder said it expects global prestige beauty, to which the company belongs, to grow about 3 to 4 percent in 2014..

  • U.S. stocks began little changed on Thursday after jobless claims and consumer spending rose more than expected.

  • May 1- Avon Products Inc's quarterly results on Thursday showed just how hard it will be for the direct seller of beauty products to turn itself around, with big setbacks in key markets like Russia, Latin America and the United States.

  • May 1- Avon Products Inc would pay the U.S. government $135 million to settle a multiyear bribery probe into its overseas business development practices, under a preliminary agreement the beauty products company disclosed on Thursday.

  • May 1- Avon Products Inc would pay the U.S. government $135 million to settle a multiyear bribery probe into its overseas business development practices, under a preliminary agreement the beauty products company disclosed on Thursday.

  • May 1- Avon Products Inc will pay the U.S. government $135 million to settle a multiyear probe into its efforts to develop new markets overseas, according to a preliminary understanding the beauty products company disclosed on Thursday.