On Nov 26, Zamansky LLC announces that it has commenced an investigation of Avon Product Inc.’s (NYSE:AVP) employee personal savings account plan (the “Plan”) for potential violations of the federal Employee Retirement Income Security Act (“ERISA”). ERISA imposes fiduciary duties to prudently manage and invest plan assets. These duties were allegedly violated by Avon Products’ continued offering of its company stock during a pending federal investigation for violations of the Foreign Corrupt Practices Act (“FCPA”). Avon Products Inc. (NYSE:AVP) belongs to Consumer Goods sector. Its net profit margin is -3.20% and weekly performance is 2.54%. On last trading day company shares ended up $10.09. Avon Products Inc. (NYSE:AVP) distance from 50-day simple moving average (SMA50) is -4.93%.
An issue of American International Group (NYSE:AIG) bonds rose 1.7% against their face value during trading on Tuesday, American Banking and Market News reports. The high-yield debt issue has a 4.5% coupon and will mature on July 16, 2044. American International Group, Inc. (NYSE:AIG) shares fell -1.35% in last trading session and ended the day at $54.84. AIG return on assets is 1.70%. American International Group, Inc. (NYSE:AIG) quarterly performance is -0.83%.
On Dec 08, Verastem, Inc. (NASDAQ:VSTM) announced oral and poster presentations at the 2014 American Society of Hematology (ASH) Annual Meeting and Exposition taking place December 6 – 9, 2014, in San Francisco. On 10 December, Verastem, Inc. (NASDAQ:VSTM) shares fell -1.97% and was closed at $8.97. Verastem, Inc. (NASDAQ:VSTM) year to date (YTD) performance is -21.32%.
Pengrowth Energy Corp (NYSE:PGH) had its price target cut by National Bank Financial from C$6.00 to C$5.00 in a research report sent to investors on Monday morning. Pengrowth Energy Corporation (NYSE:PGH) ended the last trading day at $2.59. Company weekly volatility is calculated as 8.32% and price to cash ratio as 11.66. Pengrowth Energy Corporation (NYSE:PGH) showed a weekly performance of -15.08%.
Rudolph Technologies, Inc. (NYSE:RTEC) announced that the Company’s management will participate in the 3rd Annual Midtown CAP Summit 2014, Wednesday December 10, 2014 in New York, NY. Rudolph Technologies Inc. (NYSE:RTEC) shares fell -2.87% in last trading session and ended the day at $9.46. RTEC Gross Margin is 52.60% and its return on assets is -1.10%. Rudolph Technologies Inc. (NYSE:RTEC) quarterly performance is -2.17%.