Avon Scandal To Affect Downgrade Alert For Avon Products (AVP) Video

Avon Products (NYSE:AVP) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $16.95 on volume of 9.4 million shares, below average daily volume of 10.9 million.According to Money Watch analysts, Avon is currently struggling with past business scandals where they were accused of foreign bribery. Whether or not the scandals are founded in truth, almost doesn't matter as their stock price-point continues its long and steady decline. But some analysts are looking ahead and wondering:...