Author Topic: avon down 8%  (Read 236 times)

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Offline The Chairman

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avon down 8%
« on: 05/01/2012, 01:52 PM »
Avon's ($19.88, -$1.72, -7.96%) first-quarter earnings fell 82% as the door-to-door beauty products seller's sales continued to slide and it stepped up efforts to stabilize its business. The disappointing earnings drop comes just weeks after Avon rejected a $10 billion buyout offer from closely held fragrance maker Coty Inc. that offered Avon shareholders $23.25 a share.
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Offline ketchim

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Re: avon down 8%
« Reply #1 on: 05/01/2012, 02:01 PM »
Avon Ladies shouldda accept the Coty Offer !
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