L’Oreal Family Ends $1.3 Billion Dispute

L’Oreal cosmetics heiress Liliane Bettencourt and her daughter, Francoise Bettencourt Meyers, say they have made up, ending a $1.3 billion legal dispute.
Continue reading L’Oreal Family Ends $1.3 Billion Disput…

L’Oreal Family Ends $1.3 Billion Dispute

L’Oreal cosmetics heiress Liliane Bettencourt and her daughter, Francoise Bettencourt Meyers, say they have made up, ending a $1.3 billion legal dispute.
Continue reading L’Oreal Family Ends $1.3 Billion Disput…

Estee Lauder Reports Earnings of 95 Cents Per Share

The Estee Lauder Companies (EL) reported earnings of 95 cents per share for the quarter ended Sept. 30, compared with 71 cents per share a year earlier.

Sales rose 14% to $2.09 billion, the company said in a statement.

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The results included charges associated with restructuring activities, which amounted to 2 cents per share.

“We had an excellent quarter and made a strong entrance…

Continue reading Estee Lauder Reports Earnings of 95 Cents Per Share

Estee Lauder Reports Earnings of 95 Cents Per Share originally appeared on DailyFinance on Fri, 29 Oct 2010 07:48:00.

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Five Retail Stocks Worth Putting on Your Shopping List

We started with Citi Investment Research’s top global retail picks for an “hourglass” recovery (benefiting retailers on the high and low ends). After drilling down into the fundamentals and valuations, here are our five favorit…

Avon Rises in German Trading on Reports of L’Oreal Bid

Avon Products Inc. (AVP) gained in trading on the Germany stock market after British newspaper The Daily Mail said L’Oreal SA (LRLCY) may bid for the company.

Avon’s German-traded shares advanced 6.2% from the Oct. 11 closing price in New York to $35.22 at 12:59pm in Frankfurt, Bloomberg News said.

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That would give the company, which is based in New York, a market value of $15.1…

Continue reading Avon Rises in German Trading on Reports of L’Oreal Bid

Avon Rises in German Trading on Reports of L’Oreal Bid originally appeared on DailyFinance on Tue, 12 Oct 2010 07:44:00.

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