CEO Andrea Jung

NEW YORK (AP) -- Shares of Avon Products Inc. are climbing Monday after the cosmetics seller said it is considering a sweetened buyout offer from smaller rival Coty Inc. Avon, which had previously rejected all of Coty's advances, said Sunday ...  

Avon Products Inc. (NYSE: AVP) is a controversial stock in all aspects.  While some were hoping that buyout interest would remain and head higher, many are hoping that former CEO Andrea Jung (who was...  

May 23 - Fitch Ratings has removed Avon Products, Inc. and Avon Capital Corporation's (Avon Capital) ratings from Rating Watch Negative and affirmed the ratings as follows: Avon Products, Inc. (Avon) --Long-term Issuer Default Rating (IDR) at ...  

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has removed Avon Products, Inc. and Avon Capital Corporation's (Avon Capital) ratings from Rating Watch Negative and affirmed the ratings as follows: Avon Products, Inc. (Avon) --Long-term Issuer Default Rating (IDR) at 'BBB-'; --Bank credit facility at 'BBB-'; --Senior unsecured notes at 'BBB-'; --Short-term IDR at 'F3'; --Commercial Paper at 'F3'. Avon Capital Corporation with a guarantee from Avon...  

NEW YORK, N.Y. - Avon is hoping a new CEO can give it a much-needed makeover. The struggling cosmetics seller on Monday tapped long-time Johnson & Johnson executive Sherilyn S. McCoy as its new chief executive. The announcement ended a four-month search to ...  

(04-09) 09:02 PDT , (AP) -- Avon Products Inc. on Monday tapped Sheri McCoy to replace CEO Andrea Jung later this month. McCoy takes the reins of an iconic but struggling company, which became a fixture in households...  

NEW YORK, May 15 (Reuters Breakingviews) - Avon (AVP.N) shareholders have mascara running down their cheeks – and they have the cosmetic group’s board of directors to blame. Having spent years enabling failed former CEO Andrea Jung, the ...  

Avon Products Inc. on Monday tapped Sheri McCoy to replace CEO Andrea Jung later this month. McCoy takes the reins of an iconic but struggling company, which became a fixture in households across ...  

Avon Products Inc.’s board elected former Chief Executive Officer Andrea Jung and nine other directors to a one-year term as the door-to-door cosmetics seller resists a $10 billion takeover bid from Coty Inc. Shareholders at Avon’s annual ...  

After a tumultuous four months, her 12-year run as chief executive officer of Avon Products Inc. ended with a sigh. Continue reading...Follow WWD on Twitter or become a fan on Facebook.  

NEW YORK (AP) - Credit ratings agency Fitch Ratings on Wednesday said it is affirming its ratings of direct beauty products seller Avon Products Inc. and took the company off "Rating Watch Negative" after smaller rival Coty Inc. withdrew its $10 ...  

Avon Products Inc. on Monday tapped Sheri McCoy to replace CEO Andrea Jung later this month. McCoy takes the reins of an iconic but struggling company, which became a fixture in households across the country as legions of "Avon ladies" went door to door selling makeup.  

The portion of shareholders who withheld votes to re-elect Avon Products Inc. (AVP) (AVP) Chairman Andrea Jung to the retailer’s board jumped more than fivefold to 14 percent of the shares outstanding this year, according to a company filing.  

Avon hoping to get a makeover with new CEO Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 02:41 p.m., Monday, April 9, 2012 The announcement ended a four-month search to replace embattled CEO Andrea Jung, who had come under fire for failing to stem the company's declines and wrap up a bribery investigation...  

Avon's new CEO passed over at Johnson & Johnson Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 07:45 a.m., Monday, April 9, 2012 The announcement ended a four-month search to replace embattled CEO Andrea Jung, who had come under fire for failing to stem the company's declines and wrap up a bribery...  

Fitch Ratings removed Avon Products Inc. (AVP) from a negative watch list, following similar actions from the two other major ratings firms as Coty Inc. abandoned its bid for the company. All three major ratings ...  

NEW YORK (MarketWatch) -- Incoming Avon Products Inc. (NYSE:AVP) Chief Executive Sherilyn S. McCoy will start with a base salary of $1.2 million at the door-to-door beauty products company, where she is replacing embattled CEO Andrea Jung.  

Credit ratings agency Fitch Ratings on Wednesday said it is affirming its ratings of direct beauty products seller Avon Products Inc. and took the company off "Rating Watch Negative" after smaller rival Coty Inc. withdrew its $10.7 billion bid for the company.  

In Beauty category, it offers cosmetics, fragrances, skin care and personal care products where as under theFashion category, it provides fashion jewelry, watches, apparel, footwear and accessories ... Inc.: Consumer Packaged Goods Company Profile ...  

(Reuters) - Avon Products Inc says board will consider latest Coty offer. Board expected to respond within a week. Related Stories Travis Perkins says winning share as sales rise Serco on track for 2012 as UK improves Diploma profit jumps as seals revenue rise Plus Markets pulls sale, eyes closure Broad-based sell-off drags FTSE lower  

Avon Products Inc.’s (AVP) board elected former Chief Executive Officer Andrea Jung and nine other directors to a one-year term as the door-to-door cosmetics seller resists a $10 billion takeover bid from Coty Inc. Shareholders at Avon’s ...  

(Reuters) - Cosmetics company Avon Products Inc is cooperating with the Securities and Exchange Commission, which was reported on Friday to be looking into trading activity before fragrance maker Coty Inc's $10 billion offer to buy Avon. According to the ...  

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics ? strong fundamentals and a valuation that looks inexpensive. Avon Products, Inc. (NYSE: AVP) presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas...  

NEW YORK (AP) — Beauty products maker Coty Inc. says it still wants to meet with Avon Products Inc. about its $10 billion offer for the company. In a letter to Avon on Monday, the smaller Coty says it has $5 billion lined up in commitments related to the offer of $23.25 per share. Coty has said it wants to look at Avon's books before making a formal offer, but Avon has so far declined. Meanwhile, Avon last week...  

A former Avon Products Inc. shareholder that has ties to the beauty company Mary Kay is fashioning a takeover bid for Avon, according to a media report. Fortune magazine said Wednesday that Richmont Holdings is structuring an offer for Avon, but did not give specifics. John Rochon, Richmont's founder...  

NEW YORK (Reuters) - Avon Products Inc's board members, including former chief executive Andrea Jung, were all elected to a one-year term on Thursday, giving them a show of support as the cosmetics company fends off an unwanted $10 billion bid from Coty Inc. Jung, who was CEO for more than 12 years until she handed over the reins to former Johnson & Johnson executive Sheri McCoy last week, said at Avon's annual meeting in New York that holders...  

Richmont Holdings' founder and chairman John Rochon is the former CEO of Mary Kay. Richmont's Web site says that Rochon ... McCoy, a long-time Johnson & Johnson executive, has been in place less than a month. She replaced CEO Andrea Jung ...  

Fitch Ratings removed Avon Products Inc. (NYSE:AVP) from a negative watch list, following similar actions from the two other major ratings firms as Coty Inc. abandoned its bid for the company. All three major ratings firms had taken negative ...  

Fragrance player Coty has today confirmed in a letter to Avon CEO Andrea Jung that it remains interesting in acquiring a controlling stake in the Avon Products business.  

Struggling Avon picks J exec as new CEO By CANDICE CHOI and MICHELLE CHAPMAN The Associated Press Published Apr 9, 2012 11:48AM MDT New York • Avon is hoping a new CEO can give it a much-needed makeover. The struggling cosmetics seller on Monday tapped long-time Johnson & Johnson executive Sherilyn McCoy as its CEO. The announcement ended a four-month search to replace embattled CEO Andrea Jung, who had come under fire for failing to...  

NEW YORK, May 15, 2012 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) responded promptly to Coty's May 9th letter by disclosing it on May 10th and indicating that its Board would consider the contents of the letter. Subsequently on May 13th, Avon's Board said it would respond to...  

Andrea Jung, an Avon Products director and the company's former CEO, was re-elected Thursday to the company's board. Throughout Jung's tenure as CEO, Avon has been bedeviled by heavy competition from drugstores and low-cost, trendy brands in the United ...  

Women's products maker Avon Products, Inc. ( AVP) on Monday received some bullish commentary from analysts at UBS. The firm said it downgraded AVP from "Neutral" to "Sell" with a $13 price target, suggesting a 23% downside to the stock's Friday ...  

At least three lawsuits were filed by investors in NYSE:AVP shares against Avon Products directors over alleged breaches of fiduciary duties in connection with the takeover offer by Coty and other NYSE:AVP stockholders should contact the Shareholders Foundation.San Diego, CA -- (SBWIRE) -- 04/16/2012 -- At least three investors in NYSE:AVP shares filed lawsuits against directors of Avon Products, Inc. over their alleged failure to properly...  

An investigation on behalf of investors of Avon Products, Inc. (NYSE:AVP) in connection with the takeover was announced and NYSE:AVP stockholders should contact the Shareholders Foundation.San Diego, CA -- (SBWIRE) -- 04/03/2012 -- The announcement by Coty Inc that it offered to acquire Avon Products, Inc. for $23.25 per share and the rejection of the offer by the Avon Products board of directors prompted an investigation for investors in Avon...  

Avon Products Inc. manufactures and markets beauty and related products worldwide. Its product categories include color cosmetics, fragrances, skin care, and personal care; fashion jewelry, watches, apparel, footwear, and accessories; and gift and ...  

NEW YORK, April 2, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Avon Products, Inc. ("Avon" or the "Company") (NYSE: AVP) concerning the proposed acquisition of the Company by Coty Inc. ("Coty"). ...  

Shares of Avon Products Inc. (NYSE: AVP) are down more than -10% shortly before noon today after suitor Coty Inc. withdrew its $24.75/share offer for the door-to-door cosmetics empire. Avon had asked for another week to consider Coty’s offer, but the potential buyer had already set yesterday as a deadline for some movement from Avon. [...]  

LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Avon Products, Inc. (“Avon” or the “Company”) (NYSE: AVP) related to their rejection of a proposal by Coty Inc. to acquire the company. On April 2, 2012 Coty announced that it had offered to purchase the Company for $10 billion or $23.25 per share (the “Proposal”). This investigation concerns whether...  

Avon Products Inc. (AVP) filed Quarterly Report for the period ended 2012-03-31. Avon Prods Inc has a market cap of $9.4 billion; its shares were traded at around $21.57 with a P/E ratio of 13.4 and P/S ratio of 0.8. The dividend yield of Avon Prods Inc ...  

NEW YORK, April 2, 2012 /PRNewswire/ -- Coty Inc., a leading global beauty company, today announced that it has submitted a non-binding proposal to acquire Avon Products, Inc. (NYSE: AVP) for $23.25 per share in cash in a mutually agreeable and negotiated transaction.  The...  

NEW YORK (Reuters): Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March.  


 NEW YORK, May 13, 2012 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today advised Coty Inc. that Avon's Board of Directors, in conjunction with management and the company's financial and legal advisors, will consider Coty's letter dated May 9, 2012.  Avon's Board...  

Shares of Avon Products Inc. fell almost 3 percent Monday after an analyst said the beauty company will have to step up spending to fix the business as he downgraded the stock. The report comes after smaller beauty rival Coty Inc. dropped its $10.7 billion ...  

NEW YORK (AP) -- Shares of Avon Products Inc. fell almost 3 percent Monday after an analyst said the beauty company will have to step up spending to fix the business as he downgraded the stock. The report comes after smaller beauty rival Coty ...  

Among the stock activity stories for Monday, May 21, from AP Business News: — Shares of Avon Products Inc. fell after an analyst said the beauty company will have to step up spending to fix the business as he downgraded the stock. The report ...  

Avon Products (AVP) is a beauty products producer and marketer. It reported revenue of $11.3 billion in 2011. It also recorded operating income of $855 million and a net income of $518 million. As of the end of 2011, it manages total assets of $7.735 billion.  

NEW YORK (AP) — Avon Products Inc. says it has tapped one-time Johnson & Johnson executive Sherilyn S. McCoy as its new CEO as the struggling beauty products company looks to regain its past luster. McCoy will take over the post from Andrea Jung, who ...  

LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Avon Products, Inc. (“Avon” or the “Company”) (NYSE: AVP) related to their rejection of a proposal by Coty Inc. to acquire the company. Coty announced on April 2, 2012 that it had offered to purchase the Company for $10 billion or $23.25 per share (the “Proposal”). On Tuesday, May 15, 2012, Coty...  

Avon Products (NYSE: AVP) rose Monday after the company asked for another week to consider an offer from Coty Inc. which was originally set to expire today. A July 17/15 Out of The Money Bull-Put Credit Spread looks like an attractive way to play AVP today. This strategy aims for a return of 11.11% and AVP is 20% out of the money. Recent support for this stock has been demonstra...  

Overview -- Coty Inc. has withdrawn its unsolicited proposal to acquire Avon Products Inc. -- We are affirming our 'BBB-' corporate credit rating and our 'A-3' short-term rating on Avon, and removing the ratings from CreditWatch with negative ...  

Andrea Jung, chairman and chief executive officer of Avon Products Inc. (AVP) (AVP), saw her pay fall 23 percent to $10.1 million last year, the company reported yesterday. Avon, the world’s largest direct seller of cosmetics, said in December ...  

Shares of Avon Products Inc. almost 11 percent Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid. Privately held Coty first made an offer for Avon Products public on April 2, and the relationship ...  

April 4 (Bloomberg) -- Andrea Jung, chairman and chief executive officer of Avon Products Inc., saw her pay fall 23 percent to $10.1 million last year, the company reported yesterday. Avon, the world's largest direct seller of cosmetics, said in ...  

Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion. Avon, whose brands include Skin-So-Soft, Anew and mark, said Thursday that Coty told it in a letter that it was raising its offer to $24.75 per share from $23.25 per share. The revised bid [...]  

UBS downgraded Avon Products (NYSE: AVP) from Neutral to Sell. PT slashed from $23 to $13. Analyst, Nik Modi, said, "Since Coty pulled its bid, AVP shares have sold off to pre-Coty bid levels. This has piqued the interest of many investors who are asking ...  

NEW YORK — Shares of Avon Products Inc. fell almost 10 percent Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid. Privately held Coty first made an offer for Avon Products public on April 2, and ...  

Avon Products Inc Chief Executive Andrea Jung earned 23 percent less compensation in 2011, failing to earn a bonus because of what the world's largest cosmetics seller called a "challenging" year. Jung, 53, received total compensation of $10.1 million ...  

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded its long-term ratings on Avon Products, Inc.'s (Avon) as follows: --Long-term Issuer Default Rating (IDR) to 'BBB-' from 'BBB'; --Bank credit facility to 'BBB-' from 'BBB'; --Senior unsecured notes to 'BBB-' from 'BBB'. Concurrently, Fitch has also downgraded the short-term IDR and commercial paper ratings for Avon and Avon Capital Corporation to 'F3' from 'F2'. Avon Capital Corporation's...  

The struggling cosmetics seller on Monday tapped long-time Johnson & Johnson executive Sherilyn S. McCoy as its new chief executive. The announcement ended a four-month search to replace embattled CEO Andrea Jung, who had come under fire for being slow to ...  

NEW YORK — Struggling cosmetics company Avon tapped long-time Johnson & Johnson executive Sherilyn S. McCoy as its new chief executive on Monday. The company searched for four months to replace CEO Andrea Jung, who had come under fire for ...  

Coty Inc. affirmed its interest in acquiring Avon Products Inc. (NYSE:AVP) Monday in a letter to Avon Chairman and Chief Executive Andrea Jung, removing some uncertainty about the closely held Coty's intentions following Avon's naming of a new ...  

Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett’s Berkshire Hathaway.  

Andrea Jung, chairman and chief executive officer of Avon Products Inc. (AVP), saw her pay fall 23 percent to $10.1 million last year, the company reported yesterday. Avon, the world’s largest direct seller of cosmetics, said in December that ...  

NEW YORK (AP) — Shares of Avon Products Inc. fell almost 10 percent Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid. Privately held Coty first made an offer for Avon Products public on April 2 ...  

NEW YORK — Shares of Avon Products Inc. fell almost 10 percent Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid. Privately held Coty first made an offer for Avon Products public on April 2, and ...  

April 4 (Reuters) - Avon Products Inc Chief Executive Andrea Jung earned 23 percent less compensation in 2011, failing to earn a bonus because of what the world's largest cosmetics seller called a "challenging" year. Jung, 53, received total ...  

NEW YORK (AP) - Coty came calling, but Avon slammed the door. Struggling direct cosmetics seller Avon Products Inc. on Monday rejected a $10 billion buyout offer from Coty Inc., a smaller beauty products maker looking to capitalize on Avon's business...  

Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett’s Berkshire Hathaway.  

April 2 (Bloomberg) -- Nancy Havens-Hasty, president of Havens Advisors LLC, and Bloomberg's Iyan Adewuya talk about Coty Inc.'s $10 billion unsolicited bid for Avon Products Inc. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)  

NEW YORK (TheStreet) - Avon Products and Chesapeake Energy were among the worst-performers in the S 500 on Tuesday. The S 500 lost 7.69 points, or 0.57%, to close at 1,330.66, its weakest finish since early February. Shares of Avon dropped nearly 10% to $18.71 after Coty withdrew its $10.7 billion bid to buy Avon late Monday. ... Click to view a price quote on ^GSPC.  

NEW YORK, May 3, 2012 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today declared a regular quarterly dividend on its common stock of $.23 per share, payable June 1, 2012, to shareholders of record on May 17, 2012. Avon, the company for women, is a leading global beauty company,...  

Shares of Avon Products Inc. fell almost 10% on Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7-billion takeover bid. Privately held Coty first made an offer for Avon Products public April 2, and the relationship was ...  

Avon Products rejects Coty’s $10 billion offer By MAE ANDERSON and MICHELLE CHAPMAN The Associated Press Published Apr 2, 2012 03:57PM MDT New York • Coty came calling, but Avon slammed the door. Struggling direct cosmetics seller Avon Products Inc. on Monday rejected a $10 billion buyout offer from Coty Inc., a smaller beauty products maker looking to capitalize on Avon’s business woes. It is the largest takeover offer by far from...  

Cosmetics company Avon Products Inc. (NYSE: AVP) rejected a $10 billion cash takeover offer from fragrance maker Coty Inc. - in what could be one of the first moves in a drawn out acquisition. Privately held Coty offered $23.25 a share for struggling Avon. That's a 20% premium to Avon's closing price Friday. Avon turned down the bid, saying it "significantly undervalued" the company. It also said the non-binding offer was...  

Furthermore, the Avon Lady has lost popularity in more developed markets, like right here at home, and the company's still searching for a replacement for longtime CEO Andrea Jung, who is staying on as board chair. People who are buying up ...  

NEW YORK, April 24, 2012 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today announced that, in conjunction with its recent hiring of Sherilyn S. (Sheri) McCoy as Chief Executive Officer and in accordance with the terms of her previously disclosed offer letter agreement, Ms. McCoy...  

NEW YORK, April 12, 2012 /PRNewswire/ -- Avon Products, Inc. (NYSE:AVP) will provide a live webcast of its first-quarter 2012 earnings conference call on Tuesday, May 1, 2012, at 9:00 A.M. Eastern time. Those wishing to access the webcast can do so from www.avoninvestor.com. ...  

THE NEWS Beauty products maker Coty Inc. said Thursday it is raising its bid for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway.  

Avon Products, Inc. (NYSE: AVP) today announced that its Board of Directors has appointed Sherilyn S. (Sheri) McCoy as Chief Executive Officer. Ms. McCoy will join Avon effective April 23, 2012, and will also serve as a director on the company's Board.  

Avon Products, Inc. (AVP) is struggling on many fronts, which surely factored into Coty Inc.’s unsolicited proposal this week to buy Avon for $10 billion, a bid that the cosmetics giant rejected as undervalued. Even beyond that, though, Avon’s FCPA woes in China continue, millions of dollars have been spent on the investigation and defense, and former CFO Charles [...]  

The Shareholders Foundation, Inc. announces that an investor filed a lawsuit in State Court for current stockholders of Avon Products, Inc. (AVP) against directors of Avon Products, Inc. over their alleged utter refusal to properly consider the proposed ...  

Avon Products, Inc. (NYSE: AVP) appointed Sherilyn S. (Sheri) McCoy as Chief Executive Officer, and she will also serve on its Board of Directors. Sheri had been at Johnson & Johnson where she was Vice Chairman of the company's Pharmaceutical,...  

Wall Street Breakfast Editors submit:Top StoriesAvon hires J&J exec as CEO. Avon Products (AVP) has named Sherilyn McCoy as its new CEO to replace Andrea Jung. The executive moves to the helm of Avon after a 30-year career at Johnson & Johnson (JNJ). AOL and Microsoft in $1.1B patent deal. AOL (AOL) has agreed to sell over 800 of its patents to Microsoft (MSFT) as part of a $1.06B deal that will also give the latter a non-exclusive license to...  

Avon Products (NYSE: AVP) jumped Monday after fragrance maker Coty Inc. went public with a bid that valued Avon at about $10 billion. Avon's board rejected the deal saying it undervalues the company. A July 17/15 Out of The Money Bull-Put Credit Spread looks like an attractive way to play AVP today. This strategy aims for a return of 11.11% and AVP is 27% out of the money. Recent support for this sto...  

NEW YORK — Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett’s Berkshire Hathaway.  

Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Avon Products, Inc. (NYSE: AVP) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.92), with the stock changing hands as low as $18.10 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a ...  

TEL AVIV (MarketWatch) -- Coty Inc., the New York beauty-products company, late on Monday said that it withdrew its proposal to take over Avon Products Inc. In a letter to Avon's board, Coty said that it had wanted to do a friendly deal, but "your total lack of engagement with us leads us to believe that you remain reluctant to explore a friendly, negotiated, combination on a reasonable timetable." Coty said that it had first contacted Avon...  

TEL AVIV – Coty Inc., the New York beauty-products company, late on Monday said that it withdrew its proposal to take over Avon Products Inc. In a letter to Avon's board, Coty said that it had wanted to do a friendly deal, but "your total lack ...  

Many have been facing pricing pressure as commodity costs and oil prices have been trending ... The company reports its earnings on April 26th. Colgate-Palmolive Co. research report is available for free by signing up now at www.stockcall.com/CL170412.pdf.  

An Avon Products Inc. (AVP) shareholder asked a New York court to compel the cosmetics maker to let it inspect its books and records in connection with a bribery probe. The case arises out of an internal probe into potential violations of the ...  

Coty has a world class portfolio of brands in these categories such as Calvin Klein, Chloe, Marc Jacobs, Davidoff, Philosophy, OPI, Playboy, Sally Hansen ... any commitment or obligation on either party with respect to the proposal or a possible ...  

Shares of Avon Products, Inc. (NYSE: AVP) are 4 percent higher early Monday after the company said it will consider a revised offer from Coty Inc. On May 9th, Coty, in a letter, raised its offer to acquire the cosmetics and other personal products maker ...  

Avon Products, Inc. (AVP) - Financial and Strategic SWOT Analysis Review - Avon Products, Inc. (Avon) is one of the leading companies in manufacturing and marketing beauty related products. The company offers a wide range of products for woman under three ...  

Karl Lagerfeld, Kenneth Cole, Gwen Stefani, Lancaster, Marc Jacobs, Nikos, philosophy ... TJoy and Tonino Lamborghini. Coty and Puig S.L. have a strategic partnership for the distribution of the perfume lines of Antonio Banderas, Carolina ...  

(Sheri) McCoy as Chief Executive Officer. Ms. McCoy will join Avon effective ... She is a passionate advocate for diversity of thought, leadership development, employee engagement and customer focus. Sheri represented Johnson & Johnson on the board of ...  

(Reuters) - Shares of Avon Products Inc (AVP) fell 15 percent in premarket trading on Tuesday, after Coty Inc withdrew its $10.7 billion takeover bid for the world's largest cosmetics direct seller, saying Avon had missed its deadline to begin ...  

Just last year, Andrea Jung was among the most powerful women in the world. On Monday, Avon announced her replacement as chief executive -- Sherilyn McCoy, a 30-year veteran of Johnson & Johnson.  

Richmont Holdings, a closely held investor in consumer brands, is exploring an offer for all or part of Avon Products Inc. (AVP) (AVP) and has approached Avon to express its interest, according to people familiar with the matter. Richmont, which ...  

Coty Inc., the perfume maker that pulled a takeover offer for Avon Products Inc. (AVP), is proceeding with plans for an initial public offering, said two people with knowledge of the matter. Coty hired Bank of America Corp. and JPMorgan Chase ...  

(Reuters) - Avon Products Inc's shares fell 10 percent in their first session since smaller rival Coty Inc withdrew its $10.7 billion takeover bid for the world's largest cosmetics direct seller. Avon's shares fell to $18.60 Tuesday morning, below ...  

NEW YORK — Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway. Avon, whose ...  

Overview -- Global cosmetics company Avon Products Inc. has rejected an unsolicited offer from Coty Inc. to acquire the company for $23.25 per share. -- We believe that Coty could continue to pursue an acquisition and Avon could pursue a more ...  

Following Avon Products Inc’s (AVP - Analyst Report) statement dated May 13 th that it will consider the new bid and respond within a week, Coty Inc. withdrew its revised $10.7 billion takeover bid, stating that it failed to receive an explanation from ...  

(Reuters) - Avon Products Inc's loss of a $10.7 billion takeover bid from smaller cosmetics rival Coty Inc leaves shareholders hoping that new Chief Executive Sherilyn McCoy has a great turnaround plan in the works. Coty withdrew the $24.75 a share ...  

NEW YORK — Shares of Avon Products Inc. fell 9.7 percent Tuesday after smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid Monday. Privately held Coty made an offer for Avon public on April 2. Avon said it was too ...  

Beauty company Coty Inc. is no longer interested in wooing Avon Products Inc., withdrawing its takeover bid and sending Avon’s stock plummeting more than 10%. In a "Dear Avon" letter Monday night, Coty Chairman Bart Becht bashed the struggling ...  

After Avon Products Inc. missed a Monday deadline for deciding whether to move ahead with talks about smaller rival Coty Inc.’s $10.7 billion buyout offer, the suitor says it is moving on, The Wall Street Journal reports. Coty, which makes fragrances ...  

In 2005, ecame company group chairman for the Ethicon device franchise and a member of the medical device and diagnostics group operating committee and assumed responsibility for the group’s businesses in Latin America. — Three years later, was named ...  

Standard & Poor's Ratings Services removed Avon Products Inc. (NYSE ... after the door-to-door beauty seller failed to explain to Coty why it was taking more time to respond to its proposal. S still rates Avon at triple-B-minus, on the verge ...  

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Avon Products Inc., down $2.02 at $18.71 Coty, a privately held rival, dropped its $10.7 billion takeover bid for the cosmetics company ...  

(Reuters) - Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March.  

Richmont Holdings, a closely held investor in consumer brands, is exploring an offer for all or part of Avon Products Inc. (AVP) and has approached Avon to express its interest, according to people familiar with the matter. Richmont, which ...  

Standard & Poor's Ratings Services removed Avon Products Inc. (AVP) from negative watch after Coty Inc. abandoned its $10.7 billion offer to acquire the cosmetics giant, citing a lack of cooperation from its larger rival. Fragrance maker Coty ...  

(Reuters) - Fragrance company Coty Inc withdrew its $10.7 billion (6.6 billion pounds) takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that ...  

(Reuters) - Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March ...  

NEW YORK—Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Avon Products Inc., down $2.02 at $18.71 Coty, a privately held rival, dropped its $10.7 billion takeover bid for ...  

NEW YORK, May 15, 2012 /PRNewswire/ -- Avon Products, Inc. (AVP) responded promptly to Coty's May 9th letter by disclosing it on May 10th and indicating that its Board would consider the contents ...  

"The new CEO should have time to develop a strategy and make that transparent to the market before Avon should ever be dealing with a buyout offer," said Shawn Gault ... BDT & Co LLC, founded by former Goldman Sachs Group Inc partner and longtime Warren ...  

NEW YORK – Avon Products Inc. tumbled 11% on Tuesday after fragrance maker Coty Inc. withdrew its $10.7 billion bid for the largest direct seller of beauty products. Saks Inc. dropped 3.5%. after the luxury department store chain said first ...  

NEW YORK (AP) -- Avon Products Inc.'s first-quarter profit dropped 82 percent, hurt by a bigger restructuring charge, commodity costs and higher labor costs as the company fends off makeup company Coty's takeover overture and adjusts to its new CEO.  

Coty Inc. withdrew its $10.7 billion offer to buy troubled Avon Products Inc. (NYSE: AVP) following months of failed communication by Avon, the company announced Monday.  

NEW YORK, N.Y. - Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 per cent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway. Avon, whose brands ...  

Among the companies with shares expected to actively trade in Monday’s session are Chesapeake Energy Corp. (CHK), Avon Products Inc. (AVP) and Yahoo Inc. (YHOO). Chesapeake Energy is expecting activist investor Carl Icahn to disclose soon that ...  

NEW YORK (MarketWatch) -- Avon Products Inc. tumbled 11% on Tuesday after fragrance maker Coty Inc. withdrew its $10.7 billion bid for the largest direct seller of beauty products. Saks Inc. dropped 3.5%. after the luxury department store chain said first-quarter sales weren't as "robust" as in prior quarters and it saw demand slow for areas including women's designer apparel. It expects additional discounts this quarter to clear excess...  

Avon Products Inc. (AVP) (AVP), the world’s largest door-to-door cosmetics seller, tumbled in early trading in New York after Coty Inc. withdrew its $10.7 billion offer. Avon slid 14 percent to $18.11 at 6:33 a.m. The shares had gained 20 ...  

May 15 (Reuters) - Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed ...  

NEW YORK (MarketWatch) -- Avon Products Inc. (NYSE:AVP) shares rose 5.2% on Monday, the second biggest gainer in the S, after the direct seller of beauty products said on Sunday that its board will consider Coty Inc.'s raised bid made last week.  

in a call with investors on Tuesday, Avon Products Inc.'s new CEO Sherilyn McCoy — on the job a week — outlined her next steps as she works toward stabilizing the beauty product maker. The New York company reported first-quarter net income ...  

May 15 (Reuters) - Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc (AVP) on Monday, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first ...  

(Reuters) - Avon Products Inc shares rose more than 5 percent in premarket trading on Monday, a day after the cosmetics company said it would consider the latest proposal from Coty Inc , raising hopes of a takeover. Avon, which rejected ...  

Among the companies with shares expected to actively trade in Thursday's session are Cisco Systems Inc. (CSCO), Avon Products Inc. (AVP) and Kohl's Corp. (KSS). Cisco's fiscal third-quarter earnings rose 20% as the networking company's margins ...  

Avon Products Inc. (AVP) (AVP) said today it will respond within a week to Coty Inc., which has boosted its takeover offer for Avon to $10.7 billion. Avon’s board is evaluating a due-diligence request from Coty that seeks information on future ...  

(Reuters) - Cosmetics company Avon Products Inc is cooperating with the Securities and Exchange Commission, which was reported on Friday to be looking into trading activity before fragrance maker Coty Inc's $10 billion offer to buy Avon. According to the ...  

Avon Products Inc. ( AVP), the world's largest direct seller of beauty and related products, is slated to release its first-quarter 2012 results on Tuesday, May 1, 2012, before the market opens. The current Zacks Consensus Estimate for the first ...  

NEW YORK — Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion. Avon, whose brands include Skin-So-Soft, Anew and mark, said Thursday that Coty told it ...  

Avon Products on Sunday said it told Coty Inc that it would consider the smaller company's $10.7 billion takeover bid and it expected to respond within a week. In a letter to Avon's board dated May 9, Coty said it was raising its offer from an earlier $10 ...  

Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway.  

May 10 (Reuters) - Coty Inc raised its bid for Avon Products Inc, with the backing of Warren Buffett's Berkshire Hathaway, and the beauty products company gave Avon until the close of business May 14...  

Federal regulators are looking into trading activity that preceded Coty Inc.'s $10 billion offer to buy Avon Products Inc., putting another cloud over the door-to-door beauty company as it grapples with poor financial results and a long-running ...  

NEW YORK -- Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway. Avon, whose brands include ...  

Hudson Pacific Properties Inc. (HPP) said it has agreed to buy two California office properties for a total of $179 million and said it will offer 10 million shares of its common stock to help raise funds for the deals. Opnet Technologies Inc ...  

NEW YORK (AP) -- Another executive has left beauty products seller Avon Products Inc. Avon confirmed Thursday that Kerry Carr, group vice president for global supply chain finance, is no longer with the company. The Wall Street Journal, citing ...  

(Reuters) - Shares of Avon Products Inc fell 14 percent in premarket trading on Tuesday, after Coty Inc withdrew its $10.7 billion takeover bid for the world's largest cosmetics direct seller, saying Avon had missed its deadline to begin discussions. Fragrance company Coty last week raised its unsolicited bid, which had the financial backing of Warren Buffett's Berkshire Hathaway and others, to ...  

Women's beauty products maker Avon Products, Inc. ( AVP) on Tuesday posted a sharp decline in first quarter earnings, hurt by one-time items, as adjusted results fell short of Wall Street's expectations. The New York-based company reported first ...  

Among the companies with shares expected to actively trade in Thursday’s session are Cisco Systems Inc. (CSCO), Avon Products Inc. (AVP) and Kohl’s Corp. (KSS). Cisco’s fiscal third-quarter earnings rose 20% as the networking company’s ...  

NEW YORK, Tue May 1, 2012 – Avon Products Inc. reported a 2 percent drop in quarterly sales after seeing the number of active sales representatives fall and the company dealt with higher costs. Avon, the world’s largest direct seller of cosmetics, also ...  

Avon Products Inc. (AVP)’s board is evaluating a due-diligence request from Coty Inc. that seeks information on future products, global expenses, headcount and legal liabilities as the board decides whether to start merger talks, according to ...  

Coty Inc said Monday evening it is withdrawing its $10.7 billion takeover bid for Avon Products Inc, saying the world's largest cosmetics direct seller had missed its deadline to start talks.  

(Reuters) - Avon Products Inc (>> Avon Products, Inc.) said it named Johnson & Johnson (>> Johnson & Johnson ... setting her up as a possible successor to CEO William Weldon. But in February, J announced that Alex Gorsky, who was named vice chairman ...  

Nautica, N.Y.C. New York Color, Nicole by OPI, OPI, Pierre Cardin(1), Playboy, Rimmel, Sally Hansen, Stetson, Tim McGraw, TJoy and Tonino Lamborghini. Coty and Puig S.L. have a strategic partnership for the distribution of the perfume lines of ...  

Coty Inc. raised its offer to acquire Avon Products Inc. (AVP) to about $10.7 billion and said Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) will provide financing as the perfume-maker seeks to draw Avon into negotiations. The new offer of ...  

Fitch Places Avon's Ratings on Watch Negative Following Coty Bid Business Wire NEW YORK -- May 10, 2012 Fitch Ratings today placed the ratings of Avon Products, Inc., (Avon) and Avon Capital Corporation (Avon Capital) on Rating Watch Negative.  

NEW YORK - Another executive has left beauty products seller Avon Products Inc. Avon confirmed Thursday that Kerry Carr, group vice president for global supply chain finance, is no longer with the company. The Wall Street Journal, citing people ...  

Exclusive: As CEO of Avon, Andrea Jung made bad bets and missed opportunities. Now she's been replaced - and the 126-year-old company has a second bidder lining up. By Beth Kowitt, writer-reporter FORTUNE -- It was a painful hour for Andrea Jung.  

NEW YORK (MarketWatch) -- Avon Products Inc. rose 4.5% in premarket trades Monday after the company said its board will consider Coty Inc.'s revised acquisition bid. The board, working in conjunction with management and financial and legal advisers, expects to render a decision "within a week," the New York-based company said Sunday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch...  

Among the companies with shares expected to actively trade in Monday's session are Chesapeake Energy Corp. (CHK), Avon Products Inc. (AVP) and Yahoo Inc. ( YHOO). Chesapeake Energy is expecting activist investor Carl Icahn to disclose soon that ...  

May 10 (Bloomberg) -- Coty Inc. raised its offer to acquire Avon Products Inc. to about $10.7 billion and said Warren Buffett's Berkshire Hathaway Inc. will provide financing as the perfume-maker seeks to draw Avon into negotiations. The new ...  

Avon Products Inc. (AVP), the cosmetics seller probing possible bribery of Chinese officials, said Kerry Carr has left the company. Jennifer Vargas, an Avon spokeswoman, confirmed in an e- mail that Carr was no longer with the New York-based ...  

Another Avon Products Inc. executive has left the company in connection with a probe into possible bribery overseas, people familiar with the matter said. Kerry Carr, a group vice president, resigned earlier this month amid scrutiny of the audit department ...  

Fitch Ratings placed Avon Products Inc.'s (AVP) credit ratings on watch for potential downgrade following fragrance maker Coty Inc.'s sweetened $10.69 billion offer to buy the struggling beauty-products company. Coty added the firepower of Warren  

(Reuters) - Coty Inc raised its bid for Avon Products Inc, with the backing of Warren Buffett's Berkshire Hathaway, and the beauty products company gave Avon until the close of business May 14 to start talking or the offer would be withdrawn.  

Avon Products Inc.’s (AVP) (AVP) board is evaluating a due-diligence request from Coty Inc. that seeks information on future products, global expenses, headcount and legal liabilities as the board decides whether to start merger talks ...  

Another Avon Products Inc. executive has left the company in connection with a probe into possible bribery overseas, people familiar with the matter said Thursday. Kerry Carr, a group vice president, resigned earlier this month amid scrutiny of the audit ...  

NEW YORK — Avon Products Inc. says it has tapped one-time Johnson & Johnson executive Sherilyn S. McCoy as its new CEO as the struggling beauty products company looks to regain its past luster. McCoy will take over the post from Andrea Jung, who will ...  

(Reuters) - Beauty products company Coty Inc has raised its bid for Avon Products Inc (AVP.N: Quote) but said it would withdraw its offer if Avon did not enter into discussions by May 14, according to a letter Avon made public on Thursday.  

Avon Products Inc.'s first-quarter profit dropped 82 percent, hurt by a bigger restructuring charge, commodity costs and higher labor costs as the company fends off makeup company Coty's takeover overture and adjusts to its new CEO. Its adjusted earnings ...  

April 26 (Reuters) - An Avon Products Inc executive, who once worked in its audit department, recently resigned amid an ongoing investigation into possible bribery overseas by the cosmetics company, the Wall Street Journal reported on Thursday ...  

Coty Inc. boosted its offer to acquire Avon Products Inc. (AVP) to about $10.7 billion and ... B.V., a subsidiary of the company that controls Coty, said it plans to sell $2 billion of Reckitt Benckiser Group Plc (RB/) shares to fund deals.  

Fitch Ratings and Standard & Poor's Ratings Services downgraded Avon Products Inc. (AVP) a notch after weaker first-quarter results hurt its credit metrics, leaving the door-to-door cosmetics vendor on the edge of junk territory. Avon is ...  

Avon Products (AVP) has high quality beauty products, a long/distinguished history and a premier reputation in direct sales. It offers its 6.4 million direct sales reps. ('Avon ladies') a compelling income/empowerment opportunity, while offering investors ...  

French cosmetics maker Coty Inc. Thursday raised its offer for Avon Products Inc. to 24.75/share, up another 1.50/share from its original offer. In a letter to the Avon board, Coty’s CEO notes that the latest offer represents a premium of 36% to Avon’s ...  

Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway. Avon, whose brands include Skin-So-Soft ...  

Beauty products maker Coty Inc. says it still wants to meet with Avon Products Inc. about its $10 billion offer for the company. In a letter to Avon on Monday, the smaller Coty says it has $5 billion lined up in commitments related to the offer of $23.25 ...  

Direct-beauty products seller Avon Products Inc. saw first-quarter net income fell 82 percent on higher costs. Revenue slipped 2 percent to $2.58 billion, but beat expectations. Here's a closer look at Avon's revenue by category.  

CHICAGO (MarketWatch) -- Auto makers such as General Motors Co. and Ford Motor Co., along with cosmetics provider Avon Products Inc., are among the stocks that could see active trading on Tuesday. Avon Products Inc. (NYSE:AVP)  the largest ...  

NEW YORK (MarketWatch) -- Coty Inc. has raised its buyout offer for Avon Products Inc. (NYSE:AVP) to $24.75 a share from its earlier, rejected price of $23.25 a share, according to a letter released Thursday by Avon. Avon said it will "consider ...  

In trading on Monday, shares of Avon Products, Inc. (NYSE: AVP) crossed above their 200 day moving average of $20.63, changing hands as high as $23.38 per share. Avon Products, Inc. shares are currently trading up about 17.8% on the day. The chart below shows the one year performance of AVP shares, versus its 200 ...  

CHICAGO (MarketWatch) — Among the companies that could see active trade in Tuesday’s session are Avon Products Inc., Cummins Inc. and Office Depot Inc. Avon (NYSE:AVP)   is slated to post first-quarter earnings before the opening bell.  

NEW YORK (MarketWatch) -- Kohl's Corp. shares fell 3.2% on Thursday after the mid-priced department store operator reported a disappointing second-quarter outlook. Avon Products Inc. fell 1.2%, reversing an earlier gain in premarket trading. It received a higher unsolicited bid from closely held rival Coty, which said Warren Buffett's Berkshire Hathaway will now be one of its financing partners on the deal. Among other movers, Big Lots Inc...  

With the problems mounting, Avon is moving to replace its longtime chief executive, Andrea Jung. Ms. Jung, who was named to the top spot in 1999, initially won praise for revitalizing a tired company and for pushing into new markets like Russia and China.  

Richmont Holdings, a closely held company that owns Mary Kay cosmetics and Dirt Devil, is arranging financing for a bid for Avon Products Inc. (AVP) (AVP), according to two people familiar with the matter. Richmont has hired financial advisers ...  

(Reuters) - Avon Products Inc's (AVP.N) quarterly profit fell short of expectations as costs rose and sales fell, strengthening smaller rival Coty's bid to take over the world's largest direct seller of cosmetics. Avon said on Tuesday it sold 1 ...  

(RTTNews.com) - In a letter to Avon Products Inc. (AVP), Fragrance maker Coty Inc. said it continues to believe in the benefits of its proposed $23.25 per share acquisition, and remain interested in meeting with Avon Products to discuss its ...  

(RTTNews.com) - French beauty products company Coty Inc., which made an unsuccessful $10 billion bid for Avon Products Inc. (AVP), Monday reaffirmed its offer and said it has the financial wherewithal to fund the transaction. Coty on April 2 ...  

(Reuters) - Avon Products Inc on Tuesday reported a disappointing quarterly profit as the company dealt with higher costs and declining sales, potentially giving new ammunition to smaller rival Coty's bid to take over the world's largest direct ...  

(Reuters) - Avon Products Inc on Tuesday reported a disappointing quarterly profit as the company dealt with higher costs and declining sales, potentially giving new ammunition to smaller rival Coty's bid to take over the world's largest direct seller of cosmetics. Avon sold 1 percent fewer items, and its army of sales representatives shrank 2 percent. Excluding the impact of currency, sales edged up 1 percent, helped by modest price increases...  

Avon Products Inc. has tapped Johnson & Johnson executive Sherilyn S. McCoy as its new CEO as the struggling beauty products company looks to regain its past luster. The announcement Monday ends a four month search. Avon said in December that it ...  

(Reuters) - Avon Products Inc on Tuesday reported a disappointing quarterly profit as the company dealt with higher costs and declining sales, potentially giving new ammunition to smaller rival Coty's bid to take over the world's largest direct ...  

May 8 - Fitch Ratings has downgraded its long-term ratings on Avon Products, Inc.'s (Avon) as follows: --Long-term Issuer Default Rating (IDR) to 'BBB-' from 'BBB'; --Bank credit facility to 'BBB-' from 'BBB'; --Senior unsecured notes to 'BBB ...  

Avon Products Inc. (NYSE:AVP)'s appointment Monday of Sherilyn McCoy to replace Andrea Jung as CEO brings some stability to the beleaguered direct-sales beauty company, but analysts say one person is unlikely to cure Avon's huge legal and organizational problems, which threaten its stock price and sales growth.  

Avon Products (AVP) appointed Sherilyn McCoy, a Johnson & Johnson (JNJ) executive, as CEO, ending a four-month outside search to replace Andrea Jung as the struggling cosmetics company tries to revamp its brand image. Jung will remain executive chairman.  

NEW YORK (AP) — Coty came calling, but Avon slammed the door.  Struggling direct cosmetics seller Avon Products Inc. on Monday rejected a $10 billion buyout offer from Coty Inc., a smaller beauty products maker looking to capitalize on Avon’s business ...  

Coty Inc. Chairman Bart Becht said two weeks ago it was time for Avon Products Inc. (AVP) (AVP) shareholders to persuade the board to accept his company’s $10 billion bid. Several investors have discussed the offer with the board, and their ...  

Avon Products Inc. said Monday that long-time Johnson & Johnson executive Sheri McCoy will replace Andrea Jung as CEO as later this month. Here's a look at the careers of the two women: SHERI S. MCCOY -- Began her career at Johnson & Johnson in ...  

Avon Product is a multi-level marketing company. The company's chairman and CEO is Andrea Jung, who was promoted to the position in 1999. She has completed a decade as CEO and is the longest tenured female CEO among Fortune 500 companies. Avon uses both ...  

NEW YORK — Beauty products maker Coty Inc. is raising its buyout offer for direct-seller Avon Products Inc. by about 6.5 percent to almost $10.7 billion, with help from billionaire investor Warren Buffett's Berkshire Hathaway. Avon, whose ...  

Avon Products Inc. (AVP)’s ongoing bribery investigation highlights some of the corporate governance risks that companies face in conducting business overseas. Kerry Carr, who had headed the cosmetics company's internal audit department from 2003 until ...  

Richmont Holdings, a closely held company that invests in consumer brands, is arranging financing to make a bid for Avon Products Inc. (AVP), said two people familiar with the matter. Richmont has hired financial advisers and is well along ...  

Avon Products said Monday that it has tapped Johnson & Johnson veteran Sherilyn McCoy to replace Andrea Jung as CEO. Avon announced at the end of last year that Jung, who had been CEO for 12 years, was stepping down from the top spot, although ...