By  on February 12, 2013

Both the Avon Lady and Michael Kors made big impressions on Wall Street this morning.

Shares of Avon Products Inc. shot up 20.1 percent to $20.76 after the company’s fourth-quarter adjusted profits of 37 cents a share came in 10 cents ahead of the 27 cents analysts projected. On a net basis, the direct merchant posted wider losses. The company also said it was exploring strategic alternatives for its Silpada jewelry business.

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