Stock Market

Coty joins S&P 500

Coty joins S&P 500 and investors like it

By Simon Pitman

Coty has been added to the Standard & Poor’s 500, an announcement that drew applause from the investment world and sent stock prices on the up.

e.l.f. Beauty announces IPO terms

e.l.f. Beauty announces IPO terms

By Deanna Utroske

The cosmetics, skin care, and beauty tools company filed an amendment with the Securities and Exchange Commission yesterday, outlining e.l.f.'s market value, price per share, and number of shares to be available.

‘90s skincare brand Joey New York plays market reverse stock split

‘90s skin care brand Joey New York plays the market

By Deanna Utroske

This month RAR Beauty LLC, the company that owns Joey New York, made a large number of shares available—a move that could set the personal care company in a good position for growth going forward.

Avon share prices yoyo on further investor speculation

Avon share prices yoyo on further investor speculation

By Simon Pitman

The past week has seen Avon Products’ share price fluctuate significantly as hoax news that Oprah Winfrey was about to invest in the company gives way to talk of trying to prevent a potential ‘fire sale’.

Hoax! Oprah is not about to invest in Avon

Hoax! Oprah is not about to invest in Avon

By Simon Pitman

Avon stock prices soared by as much as 17% yesterday as rumors circulated that Oprah Winfrey wanted to invest in the cosmetics giant – a story that has proved to be a hoax.

Will Avon’s challenges threaten its chances of outside investment?

Will Avon’s challenges threaten its chances of outside investment?

By Simon Pitman

Avon continues to fight against seemingly never-ending challenges that have battered the company’s stock market performance. Just in the month of September share prices plummeted more than 37%, leading experts to question the possibility of outside investment.

Avon refinances with $400m credit facility

Avon refinances with $400m credit facility

By Simon Pitman

Avon Products has secured a five-year $400 million credit facility that replaces a similar credit facility of $1 billion that is about to expire.

SEC to sue trader over fake Avon bid

SEC to sue trader over fake Avon bid

By Simon Pitman

The US Stock Exchange Commission has confirmed that it is to sue the Bulgarian trader who filed fake documents purporting to a takeover bid for Avon Products.

Avon boosted by bogus private equity bid

Avon boosted by bogus private equity bid

By Simon Pitman

The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people expected was positive repercussions.

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