Avon Products Inc.: The cosmetics and jewelry...

Avon Products Inc.: The cosmetics and jewelry company reported fourth-quarter net income of $88 million, contrasted with a loss of $25.7 million in the year-ago period. Revenue was $1.13 billion, up 9%. Annual earnings rose 257% from the previous year to $195.3 million on revenue of $3.45 billion, a 5% jump. The firm cited increased sales from its core direct-selling business.