Avon +4.2% AH as WSJ reports potential bribery settlement

|About: Avon Products, Inc. (AVP)|By:, SA News Editor

Avon Products (AVP) is in advanced talks to settle a long-running bribery probe that has dogged the company for years and could cost tens of millions of dollars to resolve, WSJ reports.

AVP is said to be eager to come to terms and is trying to reach a deal with the Justice Department and SEC before it reports earnings Thursday morning.

Shares +4.2% AH on the report.