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UPDATE 1-Zoetis considers selling plants, to shrink Venezuela operations

May 5- Animal health products maker Zoetis Inc said it would reduce operations in Venezuela and consider selling or exiting 10 manufacturing sites over the long term. Ackman's Pershing Square Capital Management was Zoetis's biggest shareholder with an 8.35 percent stake as of April 10, according to Thomson Reuters data. Zoetis, which was spun off from Pfizer...
Source: Reuters
Venezuela's currency woes hurt 1st-qtr profit at U.S. companies

Operating conditions in Venezuela worsened in February after President Nicolas Maduro's socialist government launched a 70 percent devaluation of the bolivar via a new "free floating" currency system known as Simadi. Herbalife, which did not return messages seeking comment, has said in regulatory filings it may be forced to deconsolidate its operations in...
Source: Reuters | By: Tim McLaughlin
Yelp and Nokia are big market movers

NEW YORK- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Yelp Inc., down $11.89 to $39.39. Statoil ASA, up 76 cents to $21.23.
Source: The Associated Press
Early movers: VIA, CI, TWC, AAPL, GNRC & more

These are the stocks posting the largest moves before the bell.
Source: CNBC.com | By: Peter Schacknow
UPDATE 1-Cosmetics maker Avon says dollar to hurt revenue more than expected

Chief Executive Sheri McCoy has been struggling to turn around Avon as it loses representatives- the so-called "Avon Ladies"- in the United States and grapples with weak demand in Brazil. Revenue fell 17 percent in Brazil and fell 12 percent in Mexico, Avon said, pulling down revenue from Latin America by 22 percent. The net loss attributable to Avon decreased to...
Source: Reuters
Avon reports 1Q loss

NEW YORK, N.Y.- Avon Products Inc. on Thursday reported a loss of $147.3 million in its first quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Five analysts surveyed by Zacks expected $1.83 billion.
Source: The Associated Press
Cosmetics maker Avon's quarterly revenue falls 18 pct

April 30- Avon Products Inc, a direct seller of cosmetics and personal care products, reported a 17.8 percent fall in quarterly revenue, hurt by a strong dollar and weak demand in Latin America, its biggest market. Total revenue decline to $1.79 billion in the first quarter from $2.18 billion a year earlier, hurt by 22 percent fall in revenue from Latin America.
Source: Reuters
Cramer's Mad Dash: Avon & IBM  

Jim Cramer explains what to watch ahead of the open.
Source: CNBC.com
Trading chipmakers: 5 plays on Intel and Micron

CNBC "Fast Money" traders disagreed on whether Intel's growth segments can float its sagging personal computer business.
Source: CNBC.com | By: Jacob Pramuk
Your first trade for Wednesday

The "Fast Money" traders give their final trades of the day.
Source: CNBC.com | By: Stephanie Landsman