U.S. stocks ended the week mixed after news of fresh conflict between Russia and Ukraine.» Read More
Aug 15- Estee Lauder Cos Inc's quarterly profit doubled, helped by strong demand for new skincare and makeup products and as retailers brought forward orders ahead of a planned technology upgrade. Estee Lauder's sales have been growing faster than those of the overall cosmetics industry and of rivals such as L'Oreal SA, Elizabeth Arden Inc and Coty Inc..
Aug 15- Estee Lauder Cos Inc's quarterly profit more than doubled due to strong demand for its skincare and makeup products, including those under Clinique and MAC brands. Net income attributable to the company rose to $257.7 million, or 66 cents per share, in the fourth quarter ended June 30 from $94 million, or 22 cents per share, a year earlier.
Traders attempt to decipher whether the bond market or the stock market is sending the right signal, with the release several key reports Friday.
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.
Despite overseas unrest, Cramer thinks the backdrop for stocks is relatively bullish. Here's what's on his calendar.
There's a slew of data coming in the week ahead, but it's geopolitical events that could keep markets volatile—particularly when it comes to Russia.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Investors should focus on companies with domestic exposure, Bespoke Investment Group's Paul Hickey says.
Eileen Ford, the grande dame of the modeling industry, died on Wednesday in Morristown, N.J. She was 92.
Birchbox is launching its first brick-and-mortar store where customers can book appointments, test and purchase products.
The granddaughter of Estee Lauder seemed an obvious choice to carry on the legacy of the group, until the launch of her own brand.
May 16- Shares of Jumei International Holding Ltd rose about 29 percent in their market debut, valuing the Chinese online cosmetics retailer at about $4.02 billion. The company, backed by venture-capital firm Sequoia Capital, had initially said 9.5 million ADSs would be sold and priced at $19.50- $21.50 per ADS in the IPO.
They say sex sells. But apparently nobody told Wall Street.
May 14- Perfume and cosmetics maker Coty Inc reported a better-than-expected adjusted profit, helped by growth in its fragrance and skincare business, primarily in Europe and emerging markets.
May 2- Estee Lauder Cos Inc, known for its Clinique and MAC brands, raised its earnings forecast for the full year, driven by the launch of new skin care and makeup products. Estee Lauder said it expects global prestige beauty, to which the company belongs, to grow about 3 to 4 percent in 2014..
U.S. stock index futures pointed to a slightly higher open on Wall Street, ahead of the government’s all-important non-farm payrolls jobs report.
May 2- Estee Lauder Cos Inc reported a better-than-expected third-quarter adjusted profit as demand for its skincare products and prestige beauty brands rose globally.
Some of the names on the move ahead of the open.
Investors will navigate a Fed meeting, an earnings flood, and significant economic data, but traders agree global tensions will continue to dominate the market.
What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.