First Foundation Inc
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Financials : Banks | Small Cap GrowthCompany profile

First Foundation Inc. is a financial services holding company that provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. The Company conducts its operations through its subsidiaries, First Foundation Advisors (FFA) and First Foundation Bank (FFB), and First Foundation Insurance Services (FFIS), a subsidiary of FFB. The Company's segments include Banking, Investment Management and Wealth Planning (Wealth Management), and Other. The Banking segment includes the operations of FFB and FFIS, and Wealth Management segment includes the operations of FFA. The Company's integrated platform provides investment management, wealth planning, consulting, trust, banking products and services, life insurance services and property and casualty insurance services to meet the financial needs of its clients.

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-0.08 (-0.49%)
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Avon Products shares dip 3.5% premarket after revenue falls short

7:00 am ET August 1, 2019 (MarketWatch)

Avon Products Inc. shares (AVP) slid 3.5% in premarket trade Thursday, after the personal care products company missed revenue esitmates for the second quarter. The company said it had a net loss of $19.5 million, or 6 cents a share, in the quarter, after a loss of $36.1 million, or 9 cents a share, in the year-earlier period. Adjusted per-share earnings came to 6 cents, ahead of the 3 cents FactSet consensus. Revenue fell to $1.175 billion from $1.352 billion, missing the FactSet consensus of $1.235 billion. "Our focus on productivity in the second quarter, including less discounting, more effective incentives, optimizing promotions and more favorable mix, led to a 5% improvement in Average Representative Sales with price/mix up 9%," Chief Executive Jan Zijderveld said in a statement. "We have continued to improve mix and tiering by increasing our focus on higher priced categories, like Fragrance, Skin Care, and product bundles. " Shares have gained 180% in 2019, while the S&P 500 has gained 19%.

-Ciara Linnane; 415-439-6400;

(END) Dow Jones Newswires

August 01, 2019 07:00 ET (11:00 GMT)

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