Archives for May 1, 2006

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Eastman results hit by costs and disruptions

By  Simon Pitman

Eastman Chemical has reported a big dip in its first quarter profits on the back of rising costs, production disruption and a sluggish performance from its polymers division.

Unilever sells US hair brands to Lornamead

By  Simon Pitman

Unilever has sold two of its North American hair care brands to UK-based Lornamead Acquisition, an international manufacturer and marketer of personal care products.

Costs narrow Avon profit margins

By  Simon Pitman

Avon has reported a 67 per cent drop in its first quarter net income as restructuring charges aimed at reinvigorating sales hit the company's bottom line.