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Stock Market & Financial Investment News

News Breaks
March 11, 2013
06:42 EDTRDEN, LRLCY, EL, REVE.U. to ban cosmetics with animal-tested ingrdients, NY Times reports
The E.U. is expected to announce today that it will immediately ban the import and sale of cosmetics with ingredients tested on animals, according to The New York Times. The E.U. will also seek to push other parts of the world to use alternatives to animal testing, the newspaper added. The bloc banned animal testing of finished cosmetic products in 2004, and in 2009 it banned some animal-tested ingredients, the newspaper noted. Reference Link
News For EL;RDEN;REV;LRLCY From The Last 14 Days
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December 22, 2014
15:20 EDTREVRevlon holder Armored Wolf urges Perelman to buy remaining stake, Bloomberg says
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December 19, 2014
16:11 EDTELEstee Lauder to acquire GLAMGLOW, terms not disclosed
The Estée Lauder Companies announced that it has signed an agreement to acquire GLAMGLOW, a Hollywood-inspired prestige skin care brand. Terms of the deal were not disclosed. The acquisition is expected to close in January 2015.
December 18, 2014
10:07 EDTLRLCYFrance's antitrust authority fines Colgate, Unilever, P&G, WSJ reports
France's Autorité de la Concurrence has fined consumer product companies including Unilever (UN, UL), Procter & Gamble (PG), Reckitt Benckister (RGBLY) and Colgate (CL) a total of EUR345.2M for anticompetitive practices between 2003-2006, The Wall Street Journal reports. L'Oreal (LRLCY), Gillette and Beiersdorf were fined EUR605.9M in total. Reference Link
07:22 EDTLRLCYL'Oreal denies anticompetitive activity
L'Oréal has been informed of the French Competition Authority's decision to rule against manufacturers of household and hygiene products concerning events which took place in the early 2000s. L'Oréal refutes accusations of anti competitive activity with its competitors, and regrets that the French Competition Authority did not take into account the highly competitive French market in hygiene products as illustrated by the number of manufacturers and retailers present on the market, the large choice of products available to consumers, and the degree of innovation and number of launches. L'Oréal is extremely surprised by this decision and the amount of the fine which are totally out of proportion. L'Oréal will appeal this decision.
December 16, 2014
09:59 EDTELOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BB&T (BBT) initiated with a Neutral at Guggenheim... Bank of America (BAC) initiated with a Buy at Guggenheim... Ciena (CIEN) initiated with a Neutral at Wedbush... Cimarex Energy (XEC) initiated with a Perform at Oppenheimer... Citigroup (C) initiated with a Neutral at Guggenheim... Extended Stay America (STAY) initiated with a Market Perform at JMP Securities... Infinera (INFN) initiated with a Neutral at Wedbush... JPMorgan (JPM) initiated with a Neutral at Guggenheim... Morgan Stanley (MS) initiated with a Buy at Guggenheim... Newfield Exploration (NFX) initiated with an Outperform at Oppenheimer... Nike (NKE) initiated with a Market Perform at Cowen... PNC Financial (PNC) initiated with a Neutral at Guggenheim... Peak Resorts (SKIS) initiated with an Outperform at FBR Capital... Peak Resorts initiated with an Outperform at Oppenheimer... Ralph Lauren (RL) initiated with an Outperform at Cowen... U.S. Bancorp (USB) initiated with a Neutral at Guggenheim... Under Armour (UA) initiated with an Outperform at Cowen... Wells Fargo (WFC) initiated with a Neutral at Guggenheim... Whiting Petroleum (WLL) initiated with an Outperform at Oppenheimer... Lowe's (LOW) initiated with a Neutral at Nomura... Home Depot (HD) initiated with a Neutral at Nomura... Estee Lauder (EL) initiated with a Buy at KeyBanc... Huntsman (HUN) initiated with a Buy at Nomura... Dow Chemical (DOW) initiated with a Buy at Nomura.
07:54 EDTELEstee Lauder initiated with a Buy at KeyBanc
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December 11, 2014
10:13 EDTEL, RDENOn The Fly: Analyst Initiation Summary
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09:12 EDTELEstee Lauder weakness a buying opportunity, says BofA/Merrill
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07:49 EDTELEstee Lauder initiated with an Outperform at Raymond James
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07:49 EDTRDENElizabeth Arden initiated with an Underperform at Raymond James

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