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01 May 2012 13:52 #85673
by chairman
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.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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avon down 8%
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