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Damaging Blow: Avon Falls Off S&P 500 For First Time Since 1964

 
After a more than fifty-year stay in the index, Avon won’t be in it for much longer.
S&P Dow Jones Indices, the company that manages the S&P 500, announced on Friday that the troubled cosmetics giant will be moved to its MidCap 400 index after the close of trading on March 20.
The S&P 500, which many average and professional investors use as their main benchmark to judge stock market performance, is home to mostly larger companies.
Avon (AVP) is now worth only $3.2 billion. It’s being replaced by underwear and T-shirt makerHanesbrands (HBI), which has a market value of more than $13 billion.
In its statement, S&P Dow Jones Indices said the change was made because Avon was no longer big enough.
A spokesman for S&P Dow Jones Indices added that Avon has been in the S&P 500 since

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WorldVentures Gains Elite Technology Software Program

 
WorldVentures enters its fourth consecutive year of record-setting growth with the acquisition of a leading technology software program. This is a step forward that will help the company broaden its service offerings, streamline operations and much more.
WorldVentures’ growth forecasts will be fulfilled thanks to this purchase. The program will help the company offer end-to-end reservations as well as a contract, operations and distribution management system.
The new platform provides a central reservation management system, which allows customers to access competitively priced travel packages online, complete with photos, videos and maps.
“As we continue along our upward trajectory, we’re continuously seeking innovative solutions to improve customer experiences,” said Eddie Head, president of WorldVentures Marketing. “This new robust platform further strengthens our market position with dynamic packaging of transportation, hotel accommodations, attractions and more. The

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