Nu Skin Enterprises Inc. shares gained the most in eight months after the company agreed to pay fines to the Chinese government, signaling that an investigation into its sales practices could be nearing an end.
Green Mountain Coffee Roasters Inc.’s fourth-quarter sales, which trailed analysts’ estimates and sent the shares plunging, were hurt by wholesale orders and don’t indicate accounting issues like those hedge fund manager David Einhorn has outlined, its top executive said.
Avon Products Inc., the door-to-door cosmetics seller that rebuffed a takeover offer from Coty Inc. this year, reported a 70 percent decline in second-quarter profit amid a sales slump in Europe and China.
Avon Products Inc., the world’s largest door-to-door cosmetics seller, fell the most since 1999 after saying U.S. regulators began a formal probe of its foreign operations and are investigating its dealings with analysts.
Avon Products Inc., the world’s largest door-to-door seller of cosmetics, said it may spend as much as $132 million to resolve criminal and civil inquiries into whether it paid bribes in China and other countries.