Still, Estee Lauder reported a higher than expected quarterly profit, helped by large gains in U.S. and China that helped make up for weakness in Europe. The company reported net profit of $299.5 million, or 76 cents a share, in the first quarter, ended Sept. 30, compared with $278.6 million, or 70 cents a share, a year earlier.
--France- based beauty and cosmetics packaging manufacturer Albea has announced plans to acquire the cosmetics business of U.K.- based consumer packaging group Rexam PLC for a cash amount of about $462 million. --We are assigning our preliminary' B+' long-term corporate credit rating to Albea Beauty Holdings S.A., Albea's holding company.
Take a look at some of Tuesday's midday movers:
It's late August and Wall Street's got a case of empty-desk syndrome. Two things need to go well to fuel the market, one pro said — the Greek debt auction and retail sales.
Take a look at some of Wednesday's midday movers:
If you don’t know what a “beauty balm” or “blemish balm” is yet, chances are you will soon. Sales of the products, which are also known as BB creams, have grown significantly in the past several months, according to a new report from market researcher NPD Group. And it’s no wonder, as the creams blend together the benefits of several beauty products all in one — a plus for time-pressed women.
Shares of Estee Lauder are up 5% this year, but the stock is underperforming the S&P Consumer Discretionary Index. William Lauder, executive chairman of Estee Lauder, discusses whether the firm could see a boost on Mother's Day.
Take a look at some of Friday's morning movers:
CNBC's "Power Lunch" team assembled a gallery of the best known art collectors from the financial world. Click ahead to see who made the list.
Over the next five years, Brazil's consumption of personal care and beauty products will outpace that of developed markets including the U.S., making the country ripe for industry expansion.
Take a look at some of Monday morning's early movers:
If retailers are looking for growth in clothing sales, they might want to focus on men. IBM projects that men’s apparel sales will rise nearly 8.3 percent in the first quarter, far outpacing other retail categories.
This year’s ready-to-wear fall fashion collections are being unveiled at New York Fashion Week. "Fast Money" traders look at how to work the sector.
Insight on how weakness in Europe is impacting sales and how the company is currency sensitive to the euro, with William Lauder, Estee Lauder executive chairman, who also discusses the company's plans for advertising spending.
Stocks ended near session highs Friday, with the Dow finishing at its best level since May 2008, buoyed by a monthly government employment report that blew past estimates and a handful of impressive economic news.
Take a look at some of Friday morning's early movers:
US stock index futures surged following a monthly government employment report that blew past estimates.
Cramer makes the call on viewers' favorite stocks.
Wall Street technician John Roque calls these high flyers dangerous. Cramer goes “Off the Charts” to explain why.
Estee Lauder stock looked good year-to-date, gaining nearly 37 percent and checking in at No. 16 in the 2011 top S&P stocks countdown.