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<item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-39390258</link><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-39390258</newstex:docid><guid isPermaLink="false">newstex/BW-0001-39390258</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><newstex:Contributor xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Contributor><newstex:CopyrightDate xmlns:newstex="http://www.alacra.com/newstex">2005</newstex:CopyrightDate><newstex:CreditLine xmlns:newstex="http://www.alacra.com/newstex">OSI Restaurant Partners, LLC</newstex:CreditLine><newstex:Provider xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Provider><newstex:ProviderId xmlns:newstex="http://www.alacra.com/newstex">newstex.com</newstex:ProviderId><newstex:PublicIdentifier xmlns:newstex="http://www.alacra.com/newstex">newstexBW-0001-39390258</newstex:PublicIdentifier><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publication><newstex:PublicationCode xmlns:newstex="http://www.alacra.com/newstex">0001</newstex:PublicationCode><newstex:Publisher xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publisher><newstex:PublisherCode xmlns:newstex="http://www.alacra.com/newstex">BW</newstex:PublisherCode><newstex:RevisionId xmlns:newstex="http://www.alacra.com/newstex">1</newstex:RevisionId><newstex:Source xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Source><newstex:SourceId xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:SourceId><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">09000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">09015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016008</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04014000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04014004</newstex:cat><pubDate>03 Nov 2009 09:30:08 EST</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18007000</newstex:event><newstex:loaddate xmlns:newstex="http://www.alacra.com/newstex">11/3/2009</newstex:loaddate><title>OSI Restaurant Partners, LLC Names Elizabeth Smith New CEO</title><description> Nov. #, #### (Business Wire) --  OSI Restaurant Partners, LLC, one of the largest casual dining companies in the world whose portfolio includes Outback Steakhouse, CarrabbaÂ’s Italian Grill, Bonefish Grill, FlemingÂ’s Prime Steakhouse...</description><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">AVON PRODUCTS INC</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">KRAFT FOODS INC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AVP</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">KFT</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/300729</link><bir:docid xmlns:bir="http://www.alacra.com/bir">300729</bir:docid><guid isPermaLink="false">bir/300729</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><bir:class xmlns:bir="http://www.alacra.com/bir">17</bir:class><bir:company xmlns:bir="http://www.alacra.com/bir">Avon Products Inc.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Discovery Toys</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">United States</bir:cou><pubDate>03 Nov 2009 06:13:40 EST</pubDate><bir:descr xmlns:bir="http://www.alacra.com/bir">Avon Products Inc. commenced operations in 1886 as California Perfume Company, founded by David H. 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The company went publi</description><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2480584</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2480584</ccbn:docid><guid isPermaLink="false">ccbn/T2480584</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>02 Nov 2009 10:06:44 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2480584</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of AVP corporate analyst meeting, 29-Oct-09 8:30am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Avon Products Inc.</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Avon 3rd Quarter Earnings Release and Investor Meeting Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AVP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:30am ET</ccbn:time><title>Avon 3rd Quarter Earnings Release and Investor Meeting Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Andrea Jung Avon Products Inc. - Chairman, CEO Charles Cramb Avon Products Inc. - Vice Chairman, Chief Finance and Strategy Officer Charles Herington Avon Products Inc. - SVP - Latin America &amp; Central and Eastern Europe Geralyn Breig Avon Products Inc. - SVP, President - North America John Owen Avon Products Inc. - SVP - Global Supply Chain...

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</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_78340</link><guid isPermaLink="false">moodys/COP_78340</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_78340</moodys:docid><description>Global Credit Research Credit Opinion ## FEB ####   Credit Opinion: Avon Products, Inc. Avon Products, Inc. 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At the same time, Standard&amp;Poor's affirmed its ratings on the company, including its 'A' long-term and 'A-1' short-term corporate credit ratings. Avon had about $2.49 billion of reported debt as of Dec. 31, 2008. The outlook revision is based on Avon's weaker-than-expected credit measures for the year ended Dec. 31, 2008 and our expectation that the company will face challenges to improve credit measures in the near term. In addition, the outlook revision to negative results from the weakening global economic conditions and exposure to foreign currency fluctuations. Avon derived more than</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">054303</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">30302010 303020 3030 30</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Avon Products Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">100199</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AVP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">054020</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">05402L</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">05402M</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">30302010 303020 3030 30</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Avon Capital Corp.</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">100198</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">4205Z</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/704632</link><guid isPermaLink="false">spcred/704632</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">704632</spcred:docid><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>24 Feb 2009 06:57:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Ratings On Avon Products Affirmed; Outlook Revised To Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Personal Products</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Consumer Products</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) Feb. 24, 2009--Standard&amp;Poor's Ratings Services said today that it revised its outlook on New York, N.Y.-based Avon Products Inc. to negative from stable. At the same time, Standard&amp;Poor's affirmed its ratings on the company, including its 'A' long-term and 'A-1' short-term corporate credit ratings. Avon had about $2.49 billion of reported debt as of Dec. 31, 2008. The outlook revision is based on Avon's weaker-than-expected credit measures for the year ended Dec. 31, 2008 and our expectation that the company will face challenges to improve credit measures in the near term. In addition, the outlook revision to negative results from the weakening global economic conditions and exposure to foreign currency fluctuations.</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">054303</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">30302010 303020 3030 30</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Avon Products Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">100199</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AVP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2069856</link><guid isPermaLink="false">ccbn/T2069856</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2069856</ccbn:docid><description>...All right. Welcome back, everybody. Next up, we have Avon Products. First off, thank you very much for sponsoring the break that is to follow this presentation. We very much appreciate the support from you. So here presenting from the Company is Chairman and CEO Andrea Jung, and Vice Chairman, Chief Finance and Strategy Officer Chuck Cramb. Now, Avon had said on its Q# call that it would elaborate on #### and talk about its second phase of transforming the way they do business. There are press releases in the back of the room for anyone who hasn't seen it. With that, I will turn it over to Andrea to elaborate a little more. Thanks, Andrea. ...

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