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Stock Market & Financial Investment News

News Breaks
June 3, 2014
08:06 EDTCOTYCoty approves additional $200M share repurchase authorization
Coty announced that its Board of Directors has approved an additional $200M share repurchase authorization of its Class A common stock. With this authorization and the $100M remaining under the already existing stock repurchase authorization, the company's total current share repurchase authorization is $300M.
News For COTY From The Last 14 Days
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August 25, 2015
09:59 EDTCOTYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: SunEdison (SUNE) downgraded to Neutral from Buy at UBS... Green Bancorp (GNBC) downgraded to Neutral from Buy at SunTrust... BOK Financial (BOKF) downgraded to Neutral from Buy at SunTrust... AGL Resources (GAS) downgraded to Hold from Buy at Argus... Coty (COTY) downgraded to Neutral at JPMorgan.
08:47 EDTCOTYCoty downgraded to Neutral at JPMorgan
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August 13, 2015
07:11 EDTCOTYCoty aims to deliver annual savings of $270M by FY17
Coty said it is now aiming to deliver annual savings of $270M by FY17. The anticipated pre-tax charges associated with the Program remained unchanged at $250M-$300M. Having completed almost a full year following the organizational redesign and launch of the Global Efficiency Program, the company is raising its Global Efficiency Program savings target by 35% or $70M.
07:09 EDTCOTYCoty reports Q4 adjusted EPS 8c, consensus 7c
Reports Q4 revenue $1.019B, consensus $999.01M.
07:00 EDTCOTYCoty announces $700M Class A share repurchase authorization
Coty Inc. announced that its Board of Directors has approved a $700M share repurchase authorization of its Class A common stock. This authorization includes any amounts remaining under the existing stock repurchase authorization.

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