Avon sees restructuring benefits
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Avon Products Inc.  said on  Thursday it expects total savings and benefits from its product  simplification and strategic sourcing plans combined with other  restructuring moves to exceed $700 million.
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Halliburton Co. said Thursday it is restructuring its troubled engineering and construction subsidiary, and would consider selling or spinning it off should the division&#39;s stock performance fail to improve once costly asbestos litigation is resolved.
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Avon Products Inc., the world&#39;s largest direct seller of cosmetics, reported its first US sales decline in five years, sending the company&#39;s shares down the most since 2000.
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Executives at Walt Disney Co.  DIS.N will have some of their stock benefits subject to  performance-based requirements as part of changes to its  long-term compensation plan, the entertainment company  announced on Thursday.
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Avon Products Inc., the world&#39;s biggest seller of beauty products, reported a 33 percent increase in its third-quarter profit, fueled by stronger-than-expected performance in Europe and Latin America.
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Executives at Walt Disney Co. will have some of their stock benefits subject to performance-based requirements as part of changes to its long-term compensation plan, the entertainment company announced on Thursday.
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Unilever, the Anglo-Dutch food and soap conglomerate, may consolidate its two headquarters to simplify its structure and win back market share.
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Avon Products Inc. , the  world's largest direct seller of cosmetics, on Monday said  second-quarter profit fell 54 percent on costs related to job  cuts and other restructuring moves.
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Drugmaker Eli Lilly and Co. LLY.N on  Wednesday said its restructuring will result in a  fourth-quarter charge of 24 cents to 27 cents per share, above  its previous estimate of 19 to 24 cents per share.
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By Christopher Bowe and Andrew Jack in Whitehouse Station, New Jersey. Merck has quickened the pace of its restructuring with plans to cut a further 700 jobs, targeting about $3bn in savings by the end of 2008
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Management changes might make this a good value play.
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NEW YORK -- Marsh &amp; McLennan Cos. Inc., the world's biggest insurance brokerage, said yesterday it will cut 750 jobs, consolidate some locations, and revamp its information technology structure to cut costs.
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Drugmaker Eli Lilly and Co.  on Wednesday said its restructuring will result in a fourth-quarter charge of 24 cents to 27 cents per share, above its previous estimate of 19 to 24 cents per share.
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The massive restructuring and cost-cutting plan Delta Air Lines introduced Wednesday should help the financially struggling carrier reinvent itself over the long haul, experts and industry insiders say.
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Ford Motor Co. F.N will present to   its board of directors on Wednesday a massive corporate   restructuring plan that will lower white-collar costs by 30   percent and include cutting jobs and benefits, according to the   online version of The Wall Street Journal.
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NEW YORK, USA  - Delta Air Lines announced an aggressive restructuring plan yesterday that would cut 6,000 to 7,000 jobs and slash costs, while warning that bankruptcy remains &quot;a real possibility&quot;.
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The Anglo-Dutch company said the move was part of its simplification strategy, designed to cut costs.