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Avon is sold, Tesla Bull goes Bearish



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The aftermarket was animated Wednesday. An influential analyst, that had led to Tesla (NASDAQ: TSLA) stock seems to be sour on the company. "data-response time =" 11 "> The aftermarket was animated Wednesday. An influential analyst who had pursued Tesla (NASDAQ: TSLA) share seems to be sour at the company.

<p class = "canvas-atom canvas-text Mb (1

.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Not being overstated by an analyst's turn, Brazilian cosmetics conglomerate Natura and Avon Products (NYSE: AVP) finally confirmed that Natura should buy its American peer in a splashy cross-border agreement. "data-response time =" 12 "> Not to be exaggerated by An analyst tour, Brazilian cosmetics conglomerate Natura and Avon Products (NYSE: AVP) finally confirmed that Natura should buy its American peer in a splashy cross-border agreement.

It's not been a dull evening. Let's drive straight to our destination.

A blue Tesla Model Y car.

A Tesla Model Y. Image Source: Tesla.

Tesla: Leaving a big fan?

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "An influential analyst who was bullish on the Tesla warehouse According to the media reports coming in after the market, Morgan Stanley forecast Adam Jonas doubts about the company's prospects in a private call with a number of bank institutional clients. "data-reactid =" 27 "> An influential analyst who was bullish on the Tesla stock seems to be moving into the mountain cave. According to the media reports coming in after the market, Morgan Stanley prognosticator Adam Jonas expressed doubts about the company's prospects in a private call with a number of bank institutional clients.

Business Insider and CNBC both say they had access to a call recording and quoted Jonas directly from it.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type- "text" content = "The influential analyst was effective in contrast to Teslas strong position in the fourth quarter of fiscal policy 2018 – where the company had strong demand, robust cash flows and buzz about its upcoming Model Y SUV & nbsp; – with its current situation. "data-response time =" 29 "> The influential analyst effectively stamps Tesla's strong position in the fourth quarter of its fiscal 2018 – where the company had high demand, robust cash flows and buzz about the upcoming Model Y SUV – with its current situation.

"Today, the supply is greater than demand, they burn cash, no one cares about Model Y, the company raised the capital near low, no strategic buy-in," he was quoted.

"Tesla is not really seen as a growth story," he added. These days, [i] seems like an emergency credit and restructuring story. "

<p class =" canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Jonas also expressed skepticism about the prospects for, that Tesla could be purchased from a large-scale power plant such as Amazon.com or Apple . "data-reactid =" 32 "> Jonas also expressed skepticism about the prospects that Tesla could be purchased by a large-scale power plant such as Amazon.com or Apple .

Tesla is a Very up-and-down stock, so its investors are quite resilient. The shares are off but only a little after the media reports.

Avon gets a new owner

The Avon share is almost 17% in retrospect. and Natura prepared a joint statement confirming the buyout, which had been a major smoking throughout the day, Natura acquiring Avon in a stock trading transaction that reaches a total value of about 2 billion Avon shares to be exchanged to the Natura share at a rate of 1 / 0.3

Hereafter, the current Natura shareholders will hold approximately 76% of the resulting company

In the statement, Natura, which owns Avon, will result in cost savings of $ 150 millions to $ 250 million a year It said that some of this should be "reinvested to further improve digital and social sales, research and development and branding capabilities and continue to grow the group's geographical footprint."

Although Avon has a strong brand As a direct seller, it is a bit of a dinosaur in an industry that is better suited to today's marketing methods, especially social media. Avon's performance can be improved when it is part of a larger, more missing peer.

The purchase is subject to the relevant regulatory approvals. The two companies expect it to close in early 2020.

L Brands turns on Q1 earnings and EPS

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt 0.8em) – sm" type = "text" content = " L Brands (NYSE: LB) owner of high-profile retail chains Victoria & # 39; s Secret and Bath & Body Works, reported its Earnings for Q1 2019. The primary figure is particularly to attract the aftermarket . "data-reactid =" 41 "> L Brands (NYSE: LB) owner of high-profile retail chains Victoria & # 39; s Secret and Bath & Body Works reported results for Q1 2019 The primary figure is mainly to attract the aftermarket.

In the first quarter, the company generated net sales of DKK 2.56 billion. USD, slightly down from $ 2.63 billion USD, which shot in the first quarter of 2018. This represented a little over $ 40 million ($ 0.14 per diluted share) against a profit of nearly $ 48 million in the quarter. Sales of comparable stores were effectively flat on an annual basis.

On average, however, analysts expected L Brands to just break into the bottom line in the quarter, so the net result was a very pleasant surprise. The level of revenue also exceeded expectations, which was around DKK 2.56 billion. Analysts also expected a drop in "comps" by 1.3%.

The company lifted the lower end of its full-year 2019 guidance; it now expects to earn between $ 2.30 and $ 2.60 per. share (the previous range was $ 2.20 to $ 2.60). It also projects earnings per share. Share of $ 0.15 to $ 0.20 for Q2.

L Brands is a high-end flyer in the aftermarket.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " More from The Motley Fool "data-response time =" 50 "> More from The Motley Fool

<p class =" canvas-atom canvas text Mb John Mackey, CEO of Whole Foods Market, a subsidiary of Amazon, is a member by The Motley Fool's Board Eric Volkman has no position in any of the aforementioned shares. Motley Fool owns and recommends Amazon, Apple and Tesla. Motley Fool has the following options: long January 2020 $ 150 calls on Apple and cards January 2020 $ 155 calls on Apple. The Motley Fool has a disclosure policy . "data-response time =" 58 "> John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Tools Board. Eric Volkman has no position in any of the mentioned shares. The Motley Fool owns and recommends Amazon, Apple and Tesla. The Motley Fool has the following options: long January 2020 $ 150 calls on Apple and short January 2020 $ 155 calls on Apple. Motley Fool has an information policy.


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