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U.S. Stocks End April at New Highs as Apple Fuels Tech Gains

U.S. stocks overcame a morning slide to help the Standard & Poor's 500-stock index inch to a new record high, as Apple Inc. led a rally in technology stocks.The Dow Jones Industrial Average finished Tuesday with a gain of 21.05 points, or 0.14%, to 14839.80, after falling 84 points earlier in the day. The Standard & Poor's 500-stock index rose 3.96 points, or 0.25%, to 1597.57, a new record high, while the Nasdaq Composite Index gained 21.77 points, or 0.66%, to 3328.79.The rebound came on the last day of a month that marks the fifth consecutive month of gains for the Dow industrials and the sixth straight for the S&P 500 and the Nasdaq. Meanwhile, the Russell 2000 index of small-capitalization stocks is on pace for its first monthly decline since October.In one unusual phenomenon, the Dow has risen for 16 consecutive Tuesdays, in a streak that dates back to Jan. 8.The day started out on a weak foot, after disappointing earnings reports from Pfizer Inc. and a gloomy reading of the Chic...

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  1. Avon to Cut 400 Jobs, Exit Ireland

    Avon (NYSE:AVP) plans to cut another 400 jobs and exit certain underperforming markets as part of an earlier-announced multi-million dollar restructuring intended to...

  2. Avon to Cut Headcount by 400

    Avon Products Inc. (AVP) will cut its global headcount by more than 400, restructure or close operations in Europe, Middle East & Africa, and exit the Ireland market...

  3. Avon plans to cut over 400 jobs, exit Ireland

    Avon Products Inc said on Monday it plans to slash more than 400 jobs as part of a previously announced cost-cutting initiative.The job cuts will occur across all re...

  4. Magellan, Vanguard Lose Bids to Renew in Arizona

    Magellan Health Services Inc. (MGLN) and Vanguard Health Systems Inc. (VHS) are each slated to lose key health-services businesses in Arizona later this year when th...

  5. Ackman 'Pleased' About Call for Herbalife Probe

    Hedge fund giant Bill Ackman of Pershing Square applauded a consumer protection group this week for calling on the Federal Trade Commission to launch a probe into co...

  6. GE Chief's Compensation Jumped 19% in 2012

    General Electric Co. (GE) beat the Standard & Poor's 500 Index last year and rewarded Chief Executive Jeffrey Immelt for it.Mr. Immelt's total compensation jumped 19...

  7. Abercrombie, Nordstrom Hurt By Disappointing Views

    Teen retailer Abercrombie & Fitch Co.'s shares fell 1.7% on Friday after it offered a disappointing full-year outlook. The company, however, reported a better-than-e...

  8. U.S. business seeks more clarity on foreign bribery law

    U.S. business groups on Tuesday renewed their campaign to amend an anti-foreign bribery law, suggesting authorities should give companies additional defenses against...

  9. U.S. business seeks more clarity on anti-foreign bribery law

    U.S. business groups on Tuesday reignited their campaign to amend an anti-foreign bribery law by suggesting authorities should give companies additional defenses aga...

  10. Avon Stock Rises

    FBN’s Charles Payne shares his opinion on Avon ’s future performance.

  11. Avon Offers Mexican Sales Reps Accident and Life Insurance

    Avon Products Inc. (AVP) said Tuesday it's offering its sales representatives in Mexico, one of its biggest markets, accident and life insurance via a program that i...

  12. Spotlight on Avon's McCoy at CAGNY conference

    Investors bought everything Avon Products Inc Chief Executive Sheri McCoy was selling last week, lifting shares 23 percent on the back of solid results and a confide...

  1. Avon Turnaround Progresses But Challenges Remain

    Avon Products Inc. (AVP) posted another quarter of better-than-expected adjusted profit as the door-to-door cosmetics vendor continues on its turnaround path. But si...

  2. Avon Swings to Loss on Restructuring

    Avon Products Inc. (AVP) swung to a first-quarter loss as the door-to-door cosmetics vendor recorded charges related to restructuring, extinguishment of debt and the...

  3. Avon 1Q Revenue Drops 3.5%

    Avon Products Inc on Tuesday said first-quarter revenue fell 3.5% to $2.48 billion because of currency fluctuations, and the beauty products company reported a net l...

  4. Avon Chairman Hassan Resigns from Board

    Avon Products Inc. (AVP) said Chairman Fred Hassan, known in the industry as a savvy deal maker, has resigned from the board, just months after taking the chairman p...

  5. Avon Says Fred Hassan Resigns from Board

    Avon Products Inc said on Friday that longtime board member Fred Hassan resigned from its board to focus on his other professional commitments and that Doug Conant w...

  6. JAB Scores $9.8B Deal for Coffee Maker

    An investor group led by Joh. A. Benckiser agreed to acquire D.E. Master Blenders for $9.8 billion, giving the firm a larger footprint in the coffee market.D.E. Mast...

  7. Avon Plans To Cut 400 Jobs, Exit Ireland

    Avon Products Inc. shares were little changed on Monday as the direct seller of beauty products said it's cutting 400 jobs worldwide as part of its previously disclo...

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