U.S. stocks closed about 1 percent lower on Tuesday as investors eyed higher bond yields, mixed domestic data and renewed concerns over Greece.» Read More
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.
PARIS, Dec 14- The first thing one sees on entering Guerlain's perfume shop in Paris' Champs Elysees is the French brand's exclusive collection- Les Parisiennes- which costs 200 euros a bottle and is sold only in a few dozen shops around the world. Niche brands take up increasingly more shelf space at upmarket department stores such as Harrods in London, Printemps...
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Some of Tuesday's midday movers:
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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.
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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.