Avon Products, Inc. announced that it is revising its full-year 2005 earnings forecast downward from previous expectations of $2.03 to $2.08 per share. Avon attributed the expected shortfall to general weakness across each of its four regions, with continued sales shortfall in China; slower than expected improvement in Central and Eastern Europe, including Russia; and deceleration in Latin America. In addition, the company anticipates an impact on its U.S. business from Hurricane Katrina and fr...