Tuesday, April 9, 2013

Avon Calling

Or not.

"Avon investors were cheered by news Monday that the direct seller of beauty products is eliminating more than 400 jobs and abandoning or restructuring smaller or underperforming businesses in Africa, the Middle East, and Europe, including an exit from Ireland."

Related:

"Avon Products plans to cut about 1,500 jobs and exit two Asian markets" 

Of course, all that made the stock surge(?).