The Wall Street Journal reports: Avon Products Inc. is negotiating to sell a stake to a private-equity firm, a sign that the cosmetics purveyor has been unable to find a buyer for the entire company.
Thursday’s news didn’t go over well with Wall Street. Investors often frown on companies selling stock at depressed prices and diluting existing owners. Shares of Avon fell 9.5% to $4.10, and are now down 56% on the year. The stock has lost roughly 90% of its value from a 2004 high and the company has a market capitalization of less than $1.8 billion.
Avon is in talks about a stake sale with a number of private-equity firms, according to people familiar with the matter. They include Cerberus Capital Management LP and Platinum Equity LLC, which specialize in distressed investing, these people said.
Tag Archive for Investor
Hot Business News Today
Important Mexican MLM Company Is Looking For An Investor
by Ted Nuyten • • 0 Comments
With the aim of launching a series of ideas and projects that have been developed to expand their business, grow the distributor base and increase its global sales, this important Mexican company (with operations during several years and with presence in over 20 countries) opens the opportunity for investors worldwide.
Interested? Fill out this simple form and the company will contact you:
http://www.surveygizmo.co.uk/s3/2107443
Importante empresa Mexicana de Network Marketing abierta a recibir inversionista.
Con el objetivo de poner en marcha una serie de ideas y proyectos que han desarrollado para expandir su negocio, crecer su base de distribuidores e incrementar sus ventas mundiales, esta importante compañía Mexicana (con varios años de operación continua y con presencia en más de 20 países) abre la oportunidad a inversionistas de cualquier parte del mundo.
Te interesa? Llena el siguiente formulario
Hot Business News Today
Wake Up Now Looking For A New Investor ?
by Ted Nuyten • • 0 Comments
Wake Up Now leaders would be not pleased with this article, however many former insiders and field leaders are informing Business For Home, and after validating their information, the company seems to be not stable at all.
According to a Wake Up Now Corporate statement:
“We are still recovering from damage done by gamers and scammers. Prepaid cards and chargebacks along with the need to support international growth led us to international merchant processing which is higher fees, delayed processing, and a multi-million dollar rolling reserve”.
It seems Wake Up Now’s deficit is around $15 million and according to macroaxis.com the company has a 96% chance of Bankruptcy within 2 year which states the following:
“Based on latest financial disclosure Wake Up Now Inc has Probability Of Bankruptcy of 96%.
This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm”.
As of today, Wake Up Now stock has been around $1.02, more than ten times less than when it was at $10.70 less than a year ago.
The Wake Up Now market capitalization went down in a year from approx. $200 million to