Avon Tanking After Coty Pulls Bid
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…
Companies and Brands
All Companies and Brands Articles
Newest first · Page 205Retail Sales Show Small Increase in April
US retail sales rose 0.1% month-over-month in April following a jump of 6.6% in March. The difference is likely attributed to the warmer weather and the early Easter holiday pulling sales ahead from April.…
April CPI: Inflation Fears Fade
The Labor Department is out with its reading on inflation for the month of April. The Consumer Price Index was effectively flat and in-line with the Dow Jones target of unchanged. The core-CPI, which…
Groupon Manages Adult-Level Earnings
Groupon, Inc. (NASDAQ: GRPN) is out with its quarterly earnings report and frankly it looks and feels like an earnings report from adults rather than from what has looked and felt like the adolescents that have…
PPI Shows No Evidence of Inflation
The Labor Department is out with the wholesale inflation data or the Producer Price Index for April. Inflation was at bay with a reading of -0.2% on the headline data for April, but this…
Coty Raises Offer for Avon (AVP)
Cosmetics maker Coty Inc. has today raised its offer for Avon Products Inc. (NYSE: AVP) to $24.75/share, up another $1.50/share from its original offer. In a letter to the Avon board, Coty’s CEO notes…
Avon’s Credit Barely Stays at Investment Grade (AVP)
Shares of Avon Products Inc. (NYSE: AVP) have closed lower each of the last three days following the company’s extremely weak first quarter results. The door-to-door cosmetics firm took another couple of shots today…
Fossil Shares Plunge on Lower Outlook (FOSL, GES, MOV)
Fashion accessories maker Fossil Inc. (NASDAQ: FOSL) reported first quarter earnings this morning, and delivered more bad news than good. Investors are responding by fleeing the stock. The company, which competes with other accessories…
Big Avon Options Bet (AVP)
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…
Estée Lauder Falls on Lowered Guidance, Avon Up on Reports of Another Bidder (EL, AVP)
Cosmetics maker The Estée Lauder Companies Inc. (NYSE: EL) reported results for its third fiscal quarter this morning that met expectations, but shares are getting knocked on lowered fourth quarter guidance. Adjusted EPS came…
Jana Already Taking Big Profits in Barnes & Noble (BKS, MSFT, LMCA)
Barnes & Noble Inc. (NYSE: BKS) may be back in favor after the huge $600 million or so investment from Microsoft Corporation (NASDAQ: MSFT). Jana Partners disclosed in April that it had taken a…
Retail Sales Figures Off to Slow Start (COST, TGT, M, GPS, SSI, LTD, SMRT, WTSLA, BKE, ZUMZ)
Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just 1.5%, citing…
Green Mountain Turns Earnings Into Mud Bath, Shares Off 37%
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) has reported its earnings and the report is not looking pretty. Second quarter sales were up 37% at $885.1 million and its earnings came to $0.64 EPS. …
Whole Foods Shows Great Earnings As Valuation Premium Looms (WFM)
Whole Foods Market, Inc. (NASDAQ: WFM) has managed to turn in yet another solid earnings report. The organic and natural foods grocer (and luxury store) has turned in $0.64 EPS on 14% higher sales…
Only A Few Big Retail/Apparel Winners Expected For April (JWN, SKS, LULU, KORS, AEO)
The final projections from Retail Metrics are out and April is looking as though the same-store sales are going to come in up only 1.5%. If so, this will mark the lowest gain since…