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  • J&J, which is the first major U.S. drugmaker to announce quarterly earnings, raised its 2016 sales forecast to a range of $71.5 billion to $72.2 billion, from $71.2 billion to $71.9 billion previously estimated. The maker of medical devices, drugs and personal care products also increased its adjusted profit range to $6.63- $6.73 per share, from $6.53- $6.68 per...

  • *Net profit 368 mln francs vs analysts' 347 mln francs. Net profit rose to 368 million Swiss francs in the six months to June 30 from a restated 342 million francs a year earlier. The Geneva- based company, whose flavors are used by food groups like Nestle, Unilever and Danone, said sales rose to 2.33 billion francs from 2.18 billion francs.

  • ZURICH, July 18- Swiss flavors and fragrance maker Givaudan on Monday reported first-half profit above estimates and said it expected to grow faster than the rest of the market in the medium term. Net profit rose to 368 million Swiss francs in the six months ended June 30 from a restated 342 million francs a year earlier. The Geneva- based company, whose flavors are...

  • CARACAS, July 11- Venezuela's socialist government said on Monday it was taking over and re-activating a plant that U.S. personal care products maker Kimberly-Clark Corp has halted due to the nation's economic crisis. Kimberly-Clark, which makes Huggies diapers and Kleenex tissues, said at the weekend it was halting its two-decade-old Venezuela operations...

  • LONDON, July 8- Uncertainty caused by Britain's vote to leave the EU is making LUSH, an English-based retailer of handmade cosmetics, look to continental Europe to protect its production, sales and multinational workforce. Now the firm is giving European staff the opportunity to move to a new factory in the German city of Duesseldorf. While the decision to build...

  • The group had sued the FDA, claiming the agency failed to regulate toxic chemicals found in antimicrobial soap and other personal care products. NRDC's senior attorney Mae Wu said the FDA action was "long overdue". "We believe that the FDA has a wealth of data on hand sanitizers in their possession to judge them as generally recognized as safe and effective," the...

  • NEW YORK, June 28- Among the wealthy, there is new money and old money. Lorenzo Borghese's noble family traces all the way back to Siena, Italy in the 1100 s, where they were wealthy bankers. What is interesting about her is that she was the first person in Italy who had a noble title who started working.

  • Stocks to Watch: June 23, 2016

    Home Depot, Boeing and Bed Bath & Beyond are making headlines this Thursday morning.

  • Stocks to Watch: June 17, 2016

    Lumber Liquidators, Viacom and Revlon are making headlines this Friday morning.

  • June 2- Johnson& Johnson said it would acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos and FX hair styling products to its consumer portfolio that includes Neutrogena and Clean& Clear. Vogue's products are sold in the United States and in 38 other countries, Johnson& Johnson said in a statement on Thursday. Unilever NV, Henkel& Co...

  • June 2- Johnson& Johnson said on Thursday it would acquire Vogue International, a privately held hair care and personal care products maker, for about $3.3 billion in cash. The acquisition will give the company access to Vogue's OGX collection of shampoos and the FX line of hair styling products among other products. Vogue's products are sold in the United States...

  • Malls with Tesla store raking in higher sales

    Shopping centers housing a Tesla store bring in roughly $105 more in sales per square foot than those without one.

  • May 23- Unilever NV, Henkel& Co KgaA AG, L'Oréal SA and other companies have submitted first-round bids in the auction for OGX shampoo maker Vogue International LLC, people familiar with the matter said on Monday. A deal could value Vogue at $2.5 billion to $3 billion, said the sources, who requested anonymity because the information was confidential.

  • KFC selling edible nail polish

    The fried chicken chain is offering fingernail polish in two flavors, Original and Hot and Spicy.

  • May 5- Cosmetics maker Avon Products Inc reported a surprise quarterly loss and a 16 percent drop in revenue as demand fell further in Brazil and China. In March, Avon sold 80 percent of its North America business to investor Cerberus Capital for $170 million. The net loss attributable to the company widened to $165.9 million, or 38 cents per share, in the quarter...

  • May 5- Cosmetics maker Avon Products Inc reported a 16 percent decline in quarterly sales as it struggled to boost demand in Brazil and China. Net loss attributable to the company widened to $165.9 million, or 38 cents per share, in the first quarter ended March 31 from $147.3 million, or 33 cents per share, a year earlier. Total revenue fell to $1.31 billion from $1.55...

  • *Sees $1.2 bln in deal costs over next 4 years. May 3- Perfume maker Coty Inc sharply raised its estimate of costs related to its $12.5 billion acquisition of beauty product brands from Procter& Gamble Co, sending its shares down as much as 7 percent on Tuesday. The New York- based company said it now expected costs related to the acquisition to total about $1.2 billion...

  • May 3- Perfume maker Coty Inc reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States. Sales in the Americas fell 7.3 percent to $366 million in the three months ended March 31. Coty reported a net loss of $26.8 million, or 8 cents per share, compared with a net income of...

  • NEW YORK, May 2- Johnson& Johnson was ordered by a U.S. jury on Monday to pay $55 million to a woman who said that using the company's talc-powder products for feminine hygiene caused her to develop ovarian cancer. Following a three-week trial in Missouri state court, jurors deliberated for about a day before returning a verdict in favor of plaintiff Gloria...

  • My most important contribution: Ackman on Herbalife

    Discussing shining the spotlight on Herbalife, with Bill Ackman, Pershing Square Capital CEO and portfolio manager.