NEW YORK, June 10- After 109 years of selling beauty products, Coty Inc is ready for its close-up, blemishes and all. The maker of Stetson cologne, OPI nail polish and Sally Hansen lip balm, is set to go public Wednesday on the New York Stock Exchange, with shares to trade on Thursday.
NEW YORK, May 31- Oprah Winfrey will have to defend in court her use of the phrase " Own Your Power" in her magazine and on her website, a U.S. appeals court said Friday. She and her company, Harpo Inc, have repeatedly used the phrase, including on a website, for promotional events, and on the cover of the October 2010 issues of O, The Oprah Magazine, the court said.
NEW YORK, May 31- Oprah Winfrey will have to defend in court her use of the phrase " Own Your Power" in her magazine and on her website, a U.S. appeals court said Friday. She and her company, Harpo Inc, have repeatedly used the phrase, including on a website, for promotional events, and on the cover of the October 2010 issues of O, The Oprah Magazine, the court said.
*IPO to be priced at $16.50- $18.50/ shr. May 28- Fragrance maker Coty Inc said it expected its initial public offering of up to 65.7 million Class A shares to be priced at between $16.50 and $18.50 each, raising as much as $1.2 billion.
U.S. stock index futures climbed Thursday as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate.
It said sales in China and in travel outlets such as airports had risen and it has likely won market share in China. But Lauder also reported quarterly sales slightly below Wall Street estimates, hurt by tepid demand in markets such as Southern Europe and South Korea.
The tiny company, with big backers including Jay-Z and Will Smith, is owned by private equity firm Pegasus Capital Advisors. And according to media reports, it has also counted among its investors the superstars Jay-Z, Will Smith and his wife Jada Pinket Smith.
*Shiseido shares surge 7.3 pct to 10- mth high. TOKYO, March 11- The president of Shiseido Co Ltd will resign and be replaced by the company's chairman after a two-year stint that saw profits suffer, the Japanese cosmetics maker said on Monday.
*Shiseido shares surge as much as 6.5 pct to 10- mth high. TOKYO, March 11- Japan's Shiseido Co Ltd is set to replace its president after an underwhelming reign that saw profits suffer, media reports said, sending shares in the cosmetics giant surging to a 10- month high.
*Dell to go private in $24.4 bln deal, shares up. *Archer Daniels, Estee Lauder both up after results. Dell Inc's stock rose after the world's No. 3 computer maker agreed to be taken private in a $24.4 billion deal, the largest leveraged buyout since the 2008-2009 financial crisis.
*Dell to go private in $24.4 bln deal, shares up. All 10 S&P sectors were higher, and the S&P 500 and Nasdaq gained more than 1 percent. Dell Inc's stock rose after the world's No. 3 computer maker agreed to be taken private in a $24.4 billion deal, the largest leveraged buyout since the 2008-2009 financial crisis.
*Monday's decline was S&P 500' s biggest since November. *Dell to go private in $24.4 bln deal, shares rise 0.9 percent. Still, equities have been strong performers recently, with the benchmark S&P 500 index up about 5 percent for 2013..
*Monday's decline was S&P 500' s biggest since November. *Dell to go private in $24.4 bln deal, shares rise 0.7 percent. Still, equities have been strong performers recently, with the benchmark S&P 500 index up 4.9 percent for 2013..
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."