Avon sees restructuring rewards, slow margin growth
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Avon Products Inc.  on Thursday said restructuring savings should be more than double its prior expectations due to new plans it is putting into place, but said it would take a year longer than planned for its operating margin to recover.
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The fabric and crafts retailer is improving, but still losing money.
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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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The company tightens its forecast on cost concerns.
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The company continues to churn out sales and earnings gains, but it looks richly priced.
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Auto insurer posts strong earnings, but a down cycle may be about to begin.
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But north American unit still struggling Accounting software maker Sage Group said today it remains on target to hit market expectations, but admitted that organic growth looks set to slow for the year ahead.â¦
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Avon Products Inc. AVP.N, the world's  largest direct seller of cosmetics, on Wednesday said  third-quarter earnings in the United States could fall as much  as 10 percent due to disappointing sales of beauty products.
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The company still isn't profitable, but big gains may be on the horizon.
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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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Future growth prospects for the Boston-based financial service provider may not be robust.
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Avon Products Inc. AVP.N, the  world's largest direct seller of cosmetics, on Wednesday  forecast a slide of as much as 10 percent in U.S. operating  profit as it grapples with weaker sales of key beauty items.
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The company has posted impressive growth, but the industry is struggling.
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Encysive restructures to reduce its cash burn.
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There was stellar revenue growth, but margins and stock compensations pulled the bottom line down.
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It's on track to meet sales targets, but profits might not keep pace.
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By ALLEN, Sue  Renaissance Corporation has posted a record annual profit, but says a squeeze on earnings margins might cause a lower result this financial year.