ALBANY, N.Y.— New York state has repealed its tax on tampons and other feminine hygiene products, a move expected to save women $10 million a year. "Sanitary napkins and tampons are simply not a luxury item; they're an everyday need," said Sonia Ossorio, president of the National Organization for Women-New York City. " Canada and states including Massachusetts,... » Read More
Shares of the company, which also announced a $500 million buyback program, rose as much as 17 percent to a two-month high of $28.83 on Thursday. And in November, Coty said it would pay $1 billion for the beauty care unit of Brazil's Hypermarcas SA. Sales in the color cosmetics business, which includes Sally Hansen nail polishes and Rimmel cosmetics, rose 10 percent...
Feb 4- Perfume maker Coty Inc reported better-than-expected quarterly sales, helped by demand for Sally Hansen nail polishes and Rimmel cosmetics. The company's sales in the color cosmetics business rose 10 percent to $374.8 million in the three months ended Dec. 31, marking the third straight quarterly increase. Net income attributable to the company fell to...
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