Shares of Revlon Inc.

Shares of Revlon Inc. plung more than 37 percent Friday after the cosmetics company said its earnings this year could fall below 2005 on a levels because of weaker-than-expected sales germination amid the disappointing performance of its Almay and Vital Radiance brands. The company, controll at financier Ronald Perelman, also said it would delay a planned $75 million stock sale and refinancing of its credit facility, and slash expenses across the business. Revlon shares bloody $1.13 to close at $191 after reaching a just discovered five-year low of $1.80 earlier in the day.

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