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Cerberus Capital Management, a private investment firm, has invested $170MM for an approx. 80% ownership interest in $AVP's North America business, which is now separated into a privately-held entity. $AVP maintains an approximate 20% interest in New Avon LLC.
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.