Word: avon
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Dates: during 2000-2009
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...Enforcement officials at the Securities and Exchange Commission (sec) have recommended that the agency file suit against Becker, 36, and Zimmerman, 32, alleging that the couple illegally traded on insider information about the stocks of Avon Products, Drugstore.com and eBay. The story was first reported on financial-news channel CNBC and was confirmed by sources close to the investigation...
...During the period in question, Zimmerman was employed at Omega Advisors, a hedge fund based in New York City, while Becker worked at Jennison Associates and then at Salomon Smith Barney. In the case of Drugstore.com, Zimmerman allegedly bought the stock just before Becker issued a positive report. With Avon and eBay, Zimmerman sold shares short-a bet that their prices would fall-just ahead of the release of negative reports. The Avon tip allegedly came not from Becker's research but from that of a former colleague at Salomon, who had asked Becker for advice before issuing a negative...
Prof. C. L. Bouton, 4-5, 9 Avon...
...thought feminism, postmodernism and the Internet had done away with the romance novel, think again. The number of romance-novel readers in the U.S. has risen 18% since 1998. One reason: romance novels are changing. Julia Quinn, whose The Further Observations of Lady Whistledown (Avon; 391 pages) tells the story of Ballister and Renminster, is one of the people changing them...
...grim fame: "I've heard about people having their 15 minutes. I think I've had a little more than 10, and I'm done with it. But I don't think it will stop. Maybe someday when I get older, get a job and move away from Avon, maybe at that point I won't be that different from anyone else...