Avon in ‘Advanced’ Sale Talks With Brazilian Firm
Natura Cosméticos "believes it can revive the fortunes of the company historically known for its doorstep Avon Lady sellers."
Avon Calls for Ex-P&G Exec Arnal as New CFO
Gustavo Arnal is joining the beauty company at "a critical time" as it seeks to execute a new long-term growth strategy.
Avon Turnaround Proceeding Slowly
The cosmetics company posted breakeven earnings per share and sales fell year-over-year.
Avon Stock Dives on ‘Unsatisfactory’ Results
The beauty company's new CEO says it is implementing "near-term fixes" and "moving with deliberate urgency to design our turnaround plan."
Avon Stock Surges 15% on Q2 Earnings Beat
The beauty products company posted EPS of 7 cents and $1.43 billion in revenue as it continued to execute a turnaround plan.
Cerberus Takes Avon North America Private
The private equity firm is also investing $435 million in Avon Products for an ownership interest of 16%.
SEC Sues Bulgarian and Others for Bogus Bids
Tender offers for Avon Products, Rocky Mountain Chocolate Factory, and Tower Group were designed to fraudulently drive up share prices.
Hoax $8B Tender Offer Sparks Avon Stock Surge
Avon quickly indicated the offer from a purported U.K. private equity firm was bogus.
Avon Weighing Sale of North America Unit?
The struggling cosmetics company postponed an investor meeting, sparking rumors of a major strategic move.
Goodyear Settles Africa Bribery Charges
"Goodyear’s lax compliance controls enabled a routine of corrupt payments by African subsidiaries that were hidden in their books," said an SEC official.
CFOs on the Move: Week Ending Jan. 30
McDonald's, Avon Products, CDI, Cullen/Frost Bankers, Remy International, Ferrellgas, Intrawest Resort Holdings, RealNetworks, Alorica, InnerWorkings