Avon Products Inc. (NYSE:AVP) will pay $135 million to settle a long-standing U.S. government probe into whether the cosmetics company paid bribes in China and other countries to gain favors. Avon Products Inc. (NYSE:AVP), the world’s largest direct seller of cosmetics, said it would fork over $68 million to the Justice Department and $67 million to resolve the dispute with the Securities and Exchange Commission. The preliminary resolution still needs SEC authorization and court approval, according to documents filed with the regulatory agency Thursday. Avon Products, Inc. (NYSE:AVP) stock performance was -10.21% in last session and finished the day at $13.72. Traded volume was 21.06million shares in the last session and the average volume of the stock remained 4.40million shares. The beta of the stock remained 1.59. Avon Products, Inc. (NYSE:AVP) insider ownership is 0.10%.
Ocwen Financial Corp (NYSE:OCN) released its earnings data on Thursday. The company reported $0.54 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.98 by $0.44. Ocwen Financial Corp (NYSE:OCN) dropped -7.44 percent to $35.08 Thursday on volume of 11.43million shares. The intra-day range of the stock was $34.50 to $36.47. Ocwen Financial Corp (NYSE:OCN) has a market capitalization of $4.75billion.
Denton-based Sally Beauty Holdings Inc. (NYSE:SBH) reported a 10 percent decline in profit Thursday as a higher incident of weather closings put a lid on sales. Sally Beauty Holdings, Inc. (NYSE:SBH)’s stock on May 1, 2014 reported a decrease of -7.48% to the closing price of $25.36. Its fifty two weeks range is $24.38 -$31.86. The total market capitalization recorded $4.13billion. The overall volume in the last trading session was 11.22million shares. In its share capital, SBH has 162.76million outstanding shares.
Shares of JDS Uniphase Corp. (NASDAQ:JDSU) were the recipient of some unusual options trading activity on Thursday. Stock investors acquired 18,906 call options on the company. On Thursday, shares of JDS Uniphase Corp (NASDAQ:JDSU) dropped -14.21% to close the day at $10.87. Company return on investment (ROI) is 6.30% and its monthly performance is recorded as -24.25%. JDS Uniphase Corp (NASDAQ:JDSU) quarterly revenue growth is -14.54%.