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Beauty products company $AVP said private equity Cerberus Capital Management will buy 80.1% of its North America business for $170MM. Avon North America will become a private company, following the deal. $AVP also said it suspended its quarterly dividend to reinvest in its business.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.