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  • Aon (AVP): MLM On The Run 0 comments
    Mar 1, 2013 7:23 AM | about stocks: AVP

    Despite the turmoil surrounding multi-level marketing companies, with billionaire Bill Ackman launching an offensive against Herbalife, Avon (NYSE:AVP) saw its stock up 20% after its earnings announcement. Avon investors took the numbers as "stabilizing" and a sign that restructuring might be taking hold for the company, but is it too rich for investors to buy in now? I wouldn't go that far.

    Multi-level marketing companies have been under pressure of late thanks to Ackman's Herbalife accusations. With Herbalife in the spotlight, new speculation has arisen concerning Nu Skin. The accusations of Nu Skin (NYSE:NUS) as a pyramid scheme goes back to the early nineties. However, fellow MLM company Avon has not seen as much pressure as Herbalife and Nu Skin. Both are still down over 8% since Ackman's attack on Herbalife--Avon, meanwhile, is up over 40%.

    read the rest at stockpucker...

    Stocks: AVP
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