Avon Products Inc.: The New York-based cosmetics...

Avon Products Inc.: The New York-based cosmetics firm reported second-quarter earnings of $39.5 million, contrasted with an $82.5-million loss a year ago. Revenue rose 10.4% to $777.7 million. Results for 1988 have been restated to exclude discontinued health-care operations. Avon said the latest gains reflect the strength of its international business, particularly Latin America.