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Thursday 28 May 2015
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Hot Stock’s Alert: Avon Products, (NYSE:AVP), KB Home, (NYSE:KBH), Ally Financial, (NYSE:ALLY), CenturyLink, (NYSE:CTL)

On Friday, Shares of Avon Products Inc. (NYSE:AVP), lost -1.56% to $6.96.

In response to an SEC filing made by an entity purporting to be named “PTG Capital Partners,” Avon reports that it has not received any offer or other communication from such an entity and has not been able to confirm that such an entity exists.

Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products comprising of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products.

Shares of KB Home (NYSE:KBH), inclined 2.64% to $14.78, during its last trading session.

KB Home, declared the grand opening of its new Sawgrass Pointe community in Orlando, Fla. Homebuyers will have their choice of ten customizable one- and two-story floor plans and the opportunity to live within minutes of the major employers in Medical City.

Sawgrass Pointe is well located, offering easy access to I-4, SR 417, and SR 528, all major transit corridors in the Orlando area. There are also thriving employment centers surrounding this new KB Home community, counting distribution centers, business parks and the Orlando International Airport, in addition to several shopping and entertainment attractions. In addition to being a 10 minute drive to downtown Orlando, Sawgrass Pointe is just four miles from the Medical City, a cluster of leading medical facilities counting the University of Central Florida Medical School, the Burnham Biomedical Institute, the Nemours Children’s Hospital and the Orlando VA Hospital.

KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.

At the end of Friday’s trade, Shares of Ally Financial Inc. (NYSE:ALLY), lost -0.32% to $21.98.

Ally Financial, declared that it has commenced cash tender offers to purchase up to $700,000,000 aggregate principal amount of the following series of notes issued by Ally:

  • 000% Senior Guaranteed Notes due 2020 (the “8.000% Senior Guaranteed Notes”);
  • 500% Senior Guaranteed Notes due 2020 (the “7.500% Senior Guaranteed Notes”);
  • 000% Senior Notes due 2031 (the “2031 Notes”);
  • 500% Senior Guaranteed Notes due 2017 (the “5.500% Senior Guaranteed Notes”); and
  • 250% Senior Guaranteed Notes due 2017 (the “6.250% Senior Guaranteed Notes” and, together with the 8.000% Senior Guaranteed Notes, the 7.500% Senior Guaranteed Notes, the 2031 Notes and the 5.500% Senior Guaranteed Notes, the “Notes”).

Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.

Finally, CenturyLink, Inc. (NYSE:CTL), ended its last trade with 0.47% gain, and closed at $34.50.

CenturyLink, declared the opening of a new data center in central Washington, adding hydro-electric-powered data center services to CenturyLink’s hybrid IT services portfolio. The facility offers global enterprises low power costs, and its high resiliency and geographic location make it ideal for cloud and disaster recovery solutions.

The data center, located in Moses Lake, Washington, will ultimately support up to 30 megawatts of IT load on the site, with an initial ramp to 8 megawatts.

“CenturyLink’s new low-cost power data center services provide many benefits to our customers, counting a highly resilient solution coupled with power costs and efficiency metrics that rank among the best in the industry, and the facility serves as an excellent disaster recovery location,” said David Meredith, senior vice president, CenturyLink. “Enterprises enjoy global access to CenturyLink’s portfolio of cloud and managed hybrid IT services, and we continue to extend the reach of our data center footprint to new markets to meet from the needs of our customers.”

CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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