>>> AVON PRODUCTS INC HAS NOT RECEIVED AN OFFER FROM PTG, NO PROOF THAT PTG


  • 14-May-2015 16:45:20 - PTG CAPITAL PARTNERS LTD. - HAS SUBMITTED AN OFFER TO THE BOARD OF DIRECTORS OF AVON PRODUCTS INC
  • 14-May-2015 16:46:17 - PTG CAPITAL PARTNERS - OFFER TO ACQUIRE ALL OF AVON PRODUCTS STOCK IN CASH TENDER OFFER AT PRICE PER SHARE OF $18.75
  • 14-May-2015 16:46:36 - PTG CAPITAL PARTNERS LTD. - EXPECTS TO BE ABLE TO COMPLETE AGREEMENT WITHIN 10 DAYS FROM THE BEGINNING OF DUE DILIGENCE PERIOD
  • 14-May-2015 17:00:05 - AVON PRODUCTS INC AVP.N - DECLINES TO COMMENT ON PTG FILING ON PROPOSED OFFER TO BUY COMPANY
  • 14-May-2015 17:04:54 - REUTERS UNABLE TO CONFIRM VERACITY OF OFFER FOR AVON BY PTG CAPITAL
  • 14-May-2015 17:36:20 - AVON PRODUCTS INC AVP.N HAS NOT RECEIVED AN OFFER FROM "PTG", NO PROOF THAT PTG EXISTS - CNBC

AVON PRODUCTS INC AVP.N HAS NOT RECEIVED AN OFFER FROM "PTG", NO PROOF THAT PTG EXISTS - CNBC AVP.N

14-May-2015 17:36:20

(BFW) PTG Capital Partners: Attempts to Reach, Confirm Not Successful


BFW 05/14 15:42 CORRECT: PTG Capital Partners Reports Avon Offer for $18.75/Shr
BN 05/14 15:42 *CORRECT: PTG CAPITAL PARTNERS OFFER FOR AVON WITH SEC
BN 05/14 15:38 *PTG CAPITAL PARTNERS REPORTS OFFER FOR AVON AT $18.75/SHR
BN 05/14 15:38 *AVON PRODUCTS SAYS PTG OFFER IS NON-BINDING
BN 05/14 15:37 *PTG CAPITAL PARTNERS REPORTS OFFER FOR AVON PRODUCTS
PTG Capital Partners: Attempts to Reach, Confirm Not Successful
2015-05-14 15:52:36.477 GMT


By Brad Skillman
(Bloomberg) -- Telephone calls to PTG Capital Partners
contacts listed on the filing were unsuccessful.
* Calls to primary contact listed, general counsel Steve Kohe,
went straight to voice mail
* Calls to Michael Trose of Trose & Cox PLLC unsuccessful as
well; woman who answered the phone said there’s no record of
someone there or the firm name
* Trose & Cox doesn’t exist as law firm according to
Google search
* Trose & Cox doesn’t exist as law firm according to
Google search</li></ul>
* PTG Partners filing also refers to company as “TPG” twice
* Earlier, PTG in SEC filing made purported bid for Avon worth
$18.75/shr; shrs were halted, now trading up 20% to $7.98

Link to Company News:{AVP US <Equity> CN <GO>}

For Related News and Information:
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First Word newswire: {NH BFW<GO>}

To contact the editor responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net

>>> *DRAGHI SAYS ECB TO IMPLEMENT QE PROGRAM `IN FULL'

*DRAGHI SEES LITTLE INDICATION OF FINANCIAL IMBALANCES
*ECB'S DRAGHI MAKES COMMENTS IN SPEECH IN WASHINGTON
*DRAGHI SAYS LONG PERIOD OF LOOSE POLICY CAN HAVE SIDE EFFECTS
*DRAGHI SAYS QE TO LAST UNTIL SUSTAINED ADJUSTMENT IN INFLATION
*DRAGHI: ECB UNCONVENTIONAL MEASURES HAVE BEEN `POTENT' SO FAR
*DRAGHI SAYS ECB TO IMPLEMENT QE PROGRAM `IN FULL'
*DRAGHI SAYS STRUCTURAL REFORMS TO MAKE ECB POLICY MORE POWERFUL
*DRAGHI SAYS POLICY EFFECTIVENESS HELPED BY BANK REVIEW, REFORMS

(BN) Morgan Stanley: These Are the Best 30 Stocks to Hold for the Long Term

Morgan Stanley: These Are the Best 30 Stocks to Hold for the Long Term
2015-05-14 14:55:37.965 GMT


By Julie Verhage
(Bloomberg Business) -- Forget about buying and selling
stocks within a matter of days or months. Morgan Stanley is out
with a new note recommending 30 companies that you should hold
until 2018. 
That's not to say you should then sell them in 2018, it's
to say that Morgan Stanley believes these companies are poised
to perform well over the next three years. Here's what Morgan
Stanley said in the note:
30 for 2018 identifies our best long-term picks based on
sustainability and quality of business model...Our driving
principle was to create a list of companies whose business
models and market positions would be increasingly
differentiated.
Here's a look at the 30 stocks included in the report. Big
names like Bank of America, Amazon, Costco, Google, JPMorgan,
Nike, Starbucks, and Disney all make the list. The chart below
shows how the firms performed on metrics like competitive
advantage, business model, pricing power, cost efficiency,
growth and governance. 

To contact the author on this story:
Julie Verhage at jverhage2@bloomberg.net
To contact the editor on this story:
Joseph Weisenthal at jweisenthal@bloomberg.net