10 Best Forestry Stocks To Own For 2016

10 Best Forestry Stocks To Own For 2016: Avon Products Inc. (AVP)

Avon Products Inc. manufactures and markets beauty and related products worldwide. Its product categories include color cosmetics, fragrances, skin care, and personal care; fashion jewelry, watches, apparel, footwear, and accessories; and gift and decorative products, housewares, entertainment and leisure, and children?s and nutritional products. Avon Products Inc. markets its products through direct selling and independent representatives, as well as through distributorships. The company was founded in 1886 and is based in New York, New York.

Advisors' Opinion:

• [By Justin Loiseau]

  Avon Products (NYSE: AVP  ) plans to lay off more than 400 full-time employees and exit Irelandas part of its $400 million cost-cutting initiative, the company announced today.

• [By Holly LaFon]

  In the fourth quarter, Yacktmans biggest additions to his holdings were Research In Motion (RIMM) and Avon Products (AVP). He also surprised followers by venturing into financials, with new positions in Goldman Sachs (GS), Bank of America (BAC), State Street Corp. (STT) and Northern Trust Corp. (NTRS).

• [By Rich Duprey]

  Health and beauty products provider Avon Products (NYSE: AVP  ) will pay a regular quarterly dividend of $0.06 onJune 3 to shareholders of record at the close of business on May 14. That's the same amount it declared in February and November.
  

• [By Johanna Bennett]

  Investors seem to think so. On a day when major stock indices are all in the red, Avon (AVP) is up slightly in late afternoon market action, climbing 0.85% to $13.10 after earlier gaining as much as 8.3% to above $14 a share.

  It isnt all wine and roses for the door-to-door beauty products company. Today, it posted another quarter of lackluster sales and lower profits. But executives at the embattled beauty company believe signs of a sales turnar! ound in a key market are proof it can pull out of a years-long slump.

  Quarterly sales grew in the U.K. for the first time since 2010, thanks in part to management changes. Still the company’s overall performance remained weak despite a two-year effort to turn around its operations under CEO Sheri McCoy.

  Revenue dropped 13% to $2.2 billion as product volume dropped 6% and the number of active representatives worldwide suffered a like decline. Net profit tumbled to $19 million from $31.9 million.

  Citigroup analyst Wendy Nicholson wrote:Is Avon’s makeover Finally Gaining TractionI

  While the top line was weak and the rep deterioration is discouraging, the margins werent quite as bad as wed expected.

  McCoy is trying to reinvigorate recruiting for Avon reps, introduce new products, slash costs, and exit unprofitable markets. She has targeted double-digit operating margins by 2016, well above last year’s 7.9%. My colleague David Englander remarked in May that these efforts could produce lovely results.

  Barclays analyst Lauren R. Lieberman advised caution in a note published today.

  With AVP shares so weak heading into earnings, we think todays results fall into anti-disaster territory. Organic sales growth was still very weak (and below our estimates), but profitability was less bad as margins were down less than wed expected and North America was break-even despite another dramatic revenue decline (-20%). Longer term, we do think the Street w

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/10-best-forestry-stocks-to-own-for-2016.html