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Hugo Chavez Now Messing With The Avon Lady

Via Dow Jones:
NEW YORK -(Dow Jones)- Avon Products Inc. (AVP: 32.08, -0.8, -2.43%) expects to absorb a one-time after-tax charge of $60 million, or 14 cents a share, in connection with the currency devaluation in Venezuela. In a regulatory filing, the company said it had previously expected to take a charge of $50 million in the first quarter.

Waiting for Sean Penn to wish cancer on Avon ladies everywhere. - Greg Pollowitz


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