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+--- Thread: avon down 8% (/thread-5801.html)
avon down 8% - chairman - 05-01-2012
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.
Re: avon down 8% - ketchim - 05-01-2012
Avon Ladies shouldda accept the Coty Offer !