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Meanwhile, the company still faces long-running bribery investigations. The problems began in 2008, when it started to investigate possible bribery in China related to travel, entertainment and other expenses, and soon widened the probe to other countries, with the Securities and Exchange Commission and Justice Department getting involved. In September, the SEC decided it wouldn't recommend any action against the company over whether Avon contacted analysts inappropriately during a separate bribery investigation. But Avon still faces wider probes about possible bribery in China and other countries. Founded in 1886, Avon became a fixture in households across the United States as its legions of "Avon ladies" went door to door selling makeup to family, friends and acquaintances. Today, the company markets to women in more than 100 countries via 6 million independent sellers. Its shares finished at $14.47 in trading Tuesday. Its shares are up from a 52-week low of $13.70 in mid-November. They traded as high as $23.58 in mid-April.
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