Avon Products Inc. surged after The Wall Street Journal said the New York company is considering ‘‘strategic alternatives’’ that could include selling its North American business. The stock was down 15 percent this year through Monday. Avon has posted three straight years of losses but B. Riley & Co. has estimated the company could have a takeover value of up to $14 a share. On Monday, Avon postponed its May 13 investor meeting, saying it needed more time to prepare and citing the recent hiring of a new chief financial officer.
Avon stock jumps on report company is reviewing options
