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GuruFocus Updates (Free subscription) | 08/05/2009
Wally Weitz's portfolios recovered some from the loss in 2008. He wrote: "Going forward, our working assumption is that the economy, and business values, will gradually bottom and recover slowly and unevenly. Eventually, a new bull market will begin." Interestingly, he bought into educational companies. This is his Q2 portfolio update. Wallace Weitz buys Apollo Group Inc., Strayer Education...
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BloggingStocks (Free subscription) | 08/01/2009
Filed under: Earnings reports , Motorola (MOT) , Viacom (VIA) , Revlon (REV) , Sprint Nextel Corp (S) , Aetna Inc (AET) , Avon Products (AVP) , ConocoPhillips (COP) , Under Armour'A' (UA) , Las Vegas Sands (LVS) Here are some highlights from last week's earnings coverage from BloggingStocks: Aetna Inc. (NYSE: AET ) said its profit fell due to higher expenses and warned the trend may continue. Avon...
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Seattle Post-Intelligencer (Free subscription) | 07/30/2009
NEW YORK -- Avon Products Inc. said Thursday its second-quarter profit fell 65 percent as foreign currency and hefty restructuring charges hurt the cosmetic company's bottom line, while the global recession dampened demand for beauty products and fragrances.
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Daily Advance - Business (Free subscription) | 07/30/2009
NEW YORK — Cosmetics company Avon Products Inc. said Thursday its second-quarter profit fell 6...
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Seattle Times (Free subscription) | 07/30/2009
Cosmetics company Avon Products Inc. said Thursday its second-quarter profit fell 65 percent, hurt by the stronger dollar, restructuring charges and the global recession, but adjusted results beat analyst expectations.
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San Fransisco Chronicle (Free subscription) | 07/30/2009
Cosmetics company Avon Products Inc. said Thursday its second-quarter profit fell 65 percent, hurt by the stronger dollar, restructuring charges and the global recession, but adjusted results beat analyst expectations. Quarterly profit slid to $82.9 million,... Sponsored Topics: Avon Products - Business - Global recession - Cosmetics - Beauty
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Market Watch (Free subscription) | 07/30/2009
NEW YORK (MarketWatch) -- Avon Products Inc. said Thursday that its second-quarter profit tumbled 65% to $82.9 million, or 19 cents a share, from $235.6 million, or 55 cents a share, in the year-earlier period. Results in the latest quarter included restructuring costs of 19 cents a share. Analysts, on average, expected the company to earn 32 cents a share, according to FactSet Research. Revenue at...
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The Business Insider (Free subscription) | 07/30/2009
Macro 8:30 AM: Initial Claims Earnings AON Corporation (AOC) (Before Market) Cigna (CI) (Before Market) Eastman Kodak Company (EK) (Before Market) ExxonMobil Corporation (XOM) (Before Market) GOLFSMITH INTL HLDGS INC (GOLF) (Before Market) MasterCard Incorporated (MA) (Before Market) Oppenheimer Holdings Inc. (OPY) (Before Market) Revlon, Inc. (REV) (Before Market) The Dow Chemical Company (DOW) (Before...
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Market Wire (Free subscription) | 07/29/2009
HONG KONG (MARKET WIRE) Paragon is pleased to announce that its latest earnings analysis found in its Market News Update section of the website for Colgate-Palmolive (NYSE: CL), Kellogg (NYSE: K), and Avon Products Inc. (NYSE: AVP) has been released.
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Baltimore Sun (Free subscription) | 07/23/2009
NEW YORK - Avon Products Inc. said Wednesday that it will eliminate about 1,200 positions, or about 2.8 percent of its overall workforce, by 2013 as part of restructuring efforts amid a recession that has dampened demand for the company's cosmetics.
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Daily Advance - Business (Free subscription) | 07/22/2009
NEW YORK — Avon Products Inc. said Wednesday that it will eliminate about 1,200 positions by 2...
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Market Wire (Free subscription) | 07/17/2009
NEW DELHI, INDIA (MARKET WIRE) Investors seeking the best unbiased research on Penn West Energy Trust (NYSE: PWE), Roper Industries Inc. (NYSE: ROP), Torchmark Corp. (NYSE: TMK), Phillips-Van Heusen Corp. (NYSE: PVH), Avon Products Inc. (NYSE: AVP) and SUPERVALU Inc. (NYSE: SVU) should sign up to StreetInvesting.com today to gain free access to the most educational research reports on the web. Click...
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Market Wire (Free subscription) | 06/09/2009
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in Europe. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking free research on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), Flowserve Corp. (NYSE: FLS), Avon Products...