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Dec 13, 2011

Avon’s Jung loses CEO title

Dec 13 (Reuters) – Avon Products Inc
on Tuesday said that it was replacing
Andrea Jung as chief executive, a move that comes as the
cosmetics company tries to recover from a myriad of problems,
including a federal bribery probe and weak sales in key
international markets.

Jung will remain as executive chairman of the company. A
committee of the board of directors will work with Jung to find
an external CEO candidate, Avon said in a statement.

Dec 13, 2011
Dec 7, 2011
Nov 28, 2011

Analysis: Are Americans really shopping until they drop?

By Brad Dorfman and Jason Lange

(Reuters) – One glance at the numbers for the first big weekend of holiday shopping and you might think Americans are flush with cash and spending it freely.

A survey from the National Retail Federation, an industry trade group, indicates that Americans said they spent $7.4 billion more from Thursday’s Thanksgiving through Sunday this year, compared with the same period in 2010. The news drove retail shares sharply higher and helped the U.S. stock market to rally.

Nov 27, 2011
Nov 27, 2011
Nov 25, 2011
Nov 25, 2011
Nov 25, 2011
Nov 25, 2011