Speculating in Takeover Targets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.825

-2.9%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: richardred who wrote (3092)	9/29/2014 9:09:04 AM
From: richardred	of 7239

Coty chief executive leaves company September 29, 2014 NEW YORK (AP) — Beauty products maker Coty says its CEO has left the company for personal reasons and its chairman will take over on an interim basis. Michele Scannavini has left the CEO post and resigned the board of directors. Chairman Bart Becht will take over while the company seeks a permanent successor. Scannavini was promoted to CEO in 2012 from his previous role of as president of Coty Prestige shortly after Coty walked away from its $10.7 billion takeover bid for Avon in 2012. The New York company, known for its celebrity fragrances and OPI nail polish, went public in 2013. In its most recent quarter the company earned 3 cents per share adjusted for one-time costs, but both profit and revenue fell short of analyst expectations. Its shares finished at $17.12 last Friday. Its shares are up 12 percent so far this year through Friday. sfchronicle.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next