Avon Looks Like it Finally Found a White Knight

Avon Gains Most in Two Months on Plan to Eliminate Jobs
Avon Products Inc. are arranged for a photograph in New York, U.S., on Wednesday, Feb. 15, 2012. Avon Products Inc., the door-to-door cosmetics seller conducting an internal bribery probe, rose the most in two months after saying it will cut jobs and identify other ways to reduce costs. Photographer: Scott Eells/Bloomberg via Getty Images
Photograph by Scott Eells — Bloomberg via Getty Images