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Revlon, Inc. is an American multinational company dealing in cosmetics, skin care, perfume, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it remains. Revlon was founded by brothers Charles and Joseph Revson, and chemist Charles Lachman. Revlon products are sold in 150 countries and the ...
By 2012, Revlon was rebounding, and its net income had grown to $51.5 million. As of April 2014, Revlon was trading at $25.45 per share, rising from a low of $1.20 per share in 2007. A major cause of Revlon's financial problems was the debt load stemming from Perelman's purchase of the company.
Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., 506 A.2d 173 (Del. 1986), was a landmark decision of the Delaware Supreme Court on hostile takeovers. The Court declared that, in certain limited circumstances indicating that the "sale" or "break-up" of the company is inevitable, the fiduciary obligation of the directors of a target corporation are narrowed significantly, the singular ...
Revlon Reports 2012 Results NEW YORK--(BUSINESS WIRE)-- Revlon, Inc. (NYS: REV) today announced results for the year and the fourth quarter ended December 31, 2012. 2012 results compared to 2011 ...
Revlon (REV) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase ...
Revlon Inc (NYSE:REV), a US$1.19B small-cap, is a consumer staples company operating in an industry which faces a structural shift resulting from the growth in consumer power. As consumers ...
Charles Revson. Charles Haskell Revson (October 11, 1906 – August 24, 1975) was an American businessman and philanthropist. He was best known as a pioneering figure in the American cosmetics industry as the person who created the first pigment-based nail polish and founded and managed Revlon through five decades.
Shares of Revlon (NYSE:REV) are not faring well on Wednesday, with shares down about 12% in the session. At today’s low, REV stock was down 19.9%, and for the week, it’s still down about 21%.