Avon sees restructuring rewards, slow margin growth
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Avon Products Inc.  on Thursday said its restructuring savings should exceed $700 million, rather than $300 million, due to additional benefits from its plan to sell fewer, more profitable products and a move toward global purchasing.
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Altria Group Inc., the parent company of cigarette maker Philip Morris and Kraft Foods Inc., may split into three separate units to improve shareholder value, according to Chief Executive Louis Camilleri.
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Net profits up, per share profits down, share count up.
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Marsh & McLennan tries to cut its way to an operational recovery.
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Avon Products Inc.  on Friday posted a 33 percent increase in third-quarter profit, but continued concerns over weakness in the United states pushed the stock 7 percent lower.
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Heading into the heart of earnings  season next week the expected results look robust, but a  slowing of future profit growth and the impact of surging oil  prices on the economy could conspire to hold down stocks.
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The company still isn't profitable, but big gains may be on the horizon.
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The fabric and crafts retailer is improving, but still losing money.
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Avon Products Inc. AVP.N said on  Tuesday fourth-quarter profit rose 11 percent, driven by   international sales as its U.S. business continued to struggle.
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Cost-cutting efforts should help turn the company around in 2008.
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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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Growth at Reed Business, part of  Anglo-Dutch publishing group Reed Elsevier    , could be slower 2008, its head told a Dutch newspaper  on Wednesday.
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NEW YORK - Coca-Cola Co. will refocus its attention on staunching a sales slump, as well as restructuring a profit-sharing arrangement with Coca-Cola Enterprises Inc.
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After a record-setting quarter, the retailer expects momentum to slow.
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Avon Products Inc.  on Tuesday reported slightly higher fourth-quarter earnings as it felt the effects of continuing restructuring costs, but it managed to beat Wall Street estimates.
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Despite lower quarterly profits, financial services company's prospects look good.
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Avon Products Inc. on Friday posted a better-than-expected 33 percent increase in third-quarter profit as business in Latin America and Europe helped offset weakness in the United States for the direct seller of cosmetics.