Struggling beauty products seller Avon said late Tuesday it will cut about 1,500 jobs and exit the South Korea and Vietnam markets. The job cuts amount to almost 4 percent of its workforce and are one of the first major moves by CEO Sheri McCoy, who in April replaced longtime CEO Andrea Jung.
From PepsiCo to Avon to Xerox, these women are responsible for some of the biggest companies and brands that consumers touch and feel everyday. And this year, there's a new No. 1 on Fortune's list of the most powerful women.
Higher raw materials costs, supply problems in Brazil and poor sales in Russia drove the cosmetics company's quarterly sales and income.
Some stocks may seem like bargains when they're really duds. Here's how you can find stable, defensive stocks that might provide market-beating returns. You can start with these nine high-quality stocks that should do well for buy-and-hold investors.
Wall Street's consensus sees the S&P 500 tacking on an 11% gain over the next 12 months -- with lots of ups and downs along the way. That has us inclined to play defense, with an eye toward bargain stocks paying generous, sustainable dividends. Here are our top 11 picks for 2011.
