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Beauty products company $AVP said that it has completed the separation of its North America business into a privately-held company and closed its strategic partnership transaction with Cerberus Capital Management, L.P. The business was majority-owned and managed by an affiliate of Cerberus. The business will now operate under the name New Avon LLC.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.