Avon Products Inc.: The cosmetics company posted...

Avon Products Inc.: The cosmetics company posted net income of $34.6 million in the third quarter, contrasted with a loss of $405.9 million in year-ago period, which was caused by a $425-million after-tax provision for discontinued operations. Revenue was $785.1 million, up 8% from last year. The New York-based company credited aggressive cost-cutting programs and strong sales in Latin America for its performance.