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AVP
Avon Products (AVP) is most certainly in play as news has broken that a new bid is likely to emerge as Richmont is attempting to raise financing.  I think it would make sense for Avon to sell itself in the $27-30 per share range.  Avon recently appointed Sheri McCoy to the CEO role which is...
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Avon Products (AVP) continues to struggle as increased costs are eroding margins. This is really a throwaway quarter for Avon as they are transitioning to a new CEO, and they are dealing with the bid from Coty.  There is a lot of work to be done for this company and they really need to streamline...
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It looks like things are beginning to heat up for Avon Products (AVP) after the bit yesterday.  I’d have a lot more confidence of something getting done if they would have replace the CEO Andrea Jung already.  It really doesn’t make sense to keep her on while this prolonged search is still going on.  I...
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Avon Products is a stock that we started buying and selling puts on in November of 2011 for some clients.  During that time period Avon’s share price had dropped significantly due to regulatory problems in Brazil, and poor management from Andrea Jung. Today the company announced that privately held Coty Inc., offered to buy the...
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