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Feb 5- Elizabeth Arden Inc reported a bigger-than-expected 20 percent drop in quarterly revenue, citing lower sales of its celebrity fragrances and changes to the way its beauty products are distributed in China. Elizabeth Arden said a decline in sales of its celebrity fragrances, which include the Taylor Swift, Justin Bieber and Nicki Minaj brands, would...
Take a look at some of Thursday's midday movers:
Feb 5- Estee Lauder Cos Inc reported a better-than-expected rise in revenue in the second quarter, helped by higher demand for its skin care and makeup products such as Clinique lotions and Pure Color Envy lipstick during the holiday shopping season. Estee Lauder, however, said sales would fall more than it had forecast in the year ending June 30, hurt by a stronger...
U.S. stock index futures signaled a higher open, ahead of key media company earnings and after the ECB put more pressure on Greece's new government.
Feb 5- Estee Lauder Cos Inc said full-year sales would fall more than it had forecast, hurt by a stronger dollar and slowing growth in Hong Kong and China. The maker of M.A.C., Bobbi Brown and Estee Lauder cosmetics, said it now expected adjusted earnings of $2.93- $3.01 per share on net sales decline of up to 2 percent for the year ending June 30. Estee Lauder received...
Feb 5- Estee Lauder Cos Inc reported a better-than-expected rise in quarterly revenue, helped by higher demand for its skin care and makeup products during the holiday season. Net income attributable to the company rose to $435.7 million, or $1.13 per share, in the second quarter ended Dec. 31, from $432.5 million, or $1.09 per share, a year earlier.
Attaching your surname to a business can feel more personal, but that can affect its value and even its share price.
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Some of Tuesday's midday movers:
Michael Kors and Priceline both reported earnings beats, but slowing growth could sour momentum traders on the stocks.
President, Ariel Investments; chairman, DreamWorks Animation SKG
U.S. stocks ended the week mixed after news of fresh conflict between Russia and Ukraine.
U.S. stock-index futures pointed to a higher start to trade on Friday, with markets calmer after mollifying remarks from Vladimir Putin.
Some of the names on the move ahead of the open.
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 closed higher on Thursday at August highs despite subpar economic data around the world, and after conciliatory remarks from Putin.
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.