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Stock Market & Financial Investment News

News Breaks
October 23, 2013
14:32 EDTAVPAvon Products volatility elevated into Q3 and growth outlook
Avon Products November call option implied volatility is at 42, December is at 31, April is at 26; compared to its 26-week average of 32 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 31.
News For AVP From The Last 14 Days
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September 18, 2014
06:24 EDTAVPCiti defends recent downgrade of Avon Products
Citigroup says that following investor pushback, it is defending its September 8 downgrade of Avon Products to Neutral. The firm says it is comfortable with below consensus estimates given the recent strengthening of the U.S. dollar relative to several currencies. Citi adds that it has less confidence in Avon's turnaround following the departure of CFO Ross. It keeps a Neutral rating on the stock with a $15 price target.
September 9, 2014
10:10 EDTAVPOn the Fly: Analyst Downgrade Summary
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10:10 EDTAVPOn the Fly: Analyst Upgrade Summary
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09:12 EDTAVPOn The Fly: Pre-market Movers
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08:14 EDTAVPAvon Products downgraded to Neutral from Buy at Citigroup
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07:42 EDTAVPAvon Products upgraded to Buy from Neutral at BTIG
BTIG upgraded Avon to Buy with a $17 price target based on valuation, easy comps, U.S. profitability, and strategic initiatives.
September 8, 2014
17:25 EDTAVPBaker Hughes names Kimberly Ross CFO
Baker Hughes (BHI) announced that Kimberly A. Ross, has been appointed senior vice president and CFO effective October 22. Ross currently serves as executive vice president and CFO of Avon Products (AVP).
17:19 EDTAVPAvon Products announces CFO Kimberly Ross resigns, effective October 2
Avon Products announced that Kimberly Ross, Executive Vice President and CFO, has resigned effective October 2. Ross joined Avon in 2011. Robert Loughran, Vice President and Corporate Controller, will be appointed Avon's acting CFO effective October 2, while the company completes the search process for a permanent CFO.

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