Avon Products Inc. said the sale of...

Avon Products Inc. said the sale of its Foster Home Health Care unit, part of the reversal of the company’s ill-fated diversification, would result in an after-tax loss of about $125 million. The New York company, which announced the sale of Foster to a Canadian company in January, previously estimated the after-tax loss at $30 million. As a result of the increased loss, the beauty products giant said it would slash the relatively high annual dividend on its stock to $1 from $2.