On Monday, Shares of National Bank of Greece S.A. (NYSE:NBG), lost -10.16% to $1.15, as talks between Greece and its creditors collapsed over the weekend.
Concerns over the possibility Greece could default on its debt have arisen once again.
For months Greece and its creditors have been holding tense discussions regarding how to keep the country from defaulting and possibly exiting the euro zone.
Over the weekend talks collapsed as neither side could resolve the issue over reforms, CNBC.com reports. European officials are blaming the collapse on Greece for not offering a concession on reforms in exchange for the release of some much needed aid.
National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities.
Shares of Avon Products Inc. (NYSE:AVP), declined -3.63% to $6.63, during its last trading session.
Avon Products, declared the launch of Beauty for a Purpose, a new global brand statement focused on the company’s commitment to empowering Avon Representatives and women around the world through beauty and financial independence.
Beauty for a Purpose provides a framework for the company to champion three defining areas: Avon’s beauty products of demonstrable quality and value; Avon’s earning opportunity, which allows millions of women around the world to build self-reliance and a better life for themselves and their families; and the network effect of empowered women empowering others.
The new branding effort will be powered through ongoing multi-channel communications campaigns designed to tell the whole Avon story to consumers and Representatives. The campaigns will be supported through paid media, and will also leverage the company’s digital and print channels as story-telling platforms. Central to the strategy is the launch of a new brand publishing site, BeautyforaPurpose.com, which comprises a digital gallery featuring Avon Representatives around the world who have uploaded their photos to social media using #BeautyforaPurpose.
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.
Finally, Suncor Energy Inc. (NYSE:SU), ended its last trade with -1.66% loss, and closed at $27.78, as oil prices fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for petroleum in Europe and as the U.N. started talks to try to bring peace to Yemen, where OPEC heavyweight Saudi Arabia is involved in a civil war.
Expiring front-month July Brent fell $1.26 to settle and go off the board at $62.61 a barrel.
August Brent fell 69 cents to settle at $63.95, Reuters Reports.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally.
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