Revlon Cuts Jobs, Drops Brand
Revlon (REV - news - Cramer's Take) plans to cut 8% of its workforce and discontinue its Vital Radiance brand, which has sustained big losses since its launch earlier this year.
Shares of the beleaguered cosmetics company fell 17 cents, or 14%, to $1.07 in midday trading Monday.
Shares of the beleaguered cosmetics company fell 17 cents, or 14%, to $1.07 in midday trading Monday.
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