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Stock Market & Financial Investment News

News Breaks
March 11, 2013
06:42 EDTEL, RDEN, REV, LRLCYE.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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October 31, 2014
08:06 EDTELEstee Lauder acquires RODIN Olio Lusso, terms not disclosed
Estée Lauder announced that it has acquired RODIN olio lusso. Terms of the deal were not disclosed. The brand will be overseen by John Demsey, Estée Lauder's president.
October 30, 2014
07:34 EDTRDENElizabeth Arden reiterates outlook for FY15
Specifically, the company expects a modest improvement in adjusted earnings for fiscal 2015 over the prior year with continued improvement in fiscal 2016, and continues to expect the following: Net sales headwinds to continue for the first half of fiscal 2015, resulting primarily from continued proactive tightening of distribution and a lower level of product innovation as compared to the first half of the prior fiscal year; Net sales increases in the second half of the fiscal year versus the prior year period as the year-over-year product launch comparisons moderate and the company begins to realize the impact of improved pricing; Gross margin expansion due to improved pricing, better sales mix, lower discounts and realization of reduced supply chain and product costs; Lower overall selling, general and administrative expenses, with some reinvestment of 2014 Improvement Plan savings to drive future growth; Improved EBITDA margins from gross margin expansion and lower selling, general and administrative expenses; and Stronger cash flow from operations as a result of modestly higher earnings and lower investment in inventory.
07:33 EDTRDENElizabeth Arden reports Q1 adjusted EPS (43c), consensus (53c)
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October 29, 2014
07:46 EDTREVRevlon reports U.S. total company net sales $243.8M
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07:37 EDTREVRevlon reports Q3 EPS from cont. ops 27c, may not compare to one estimate $1.00
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October 28, 2014
15:44 EDTREVNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Southern Company (SO), consensus $1.07; Phillips 66 (PSX), consensus $1.75; Automatic Data Processing (ADP), consensus 60c; Praxair (PX), consensus $1.63; WellPoint (WLP), consensus $2.27; Exelon (EXC), consensus 73c; Eaton (ETN), consensus $1.23; Hess (HES), consensus $1.08; TE Connectivity (TEL), consensus $1.00; McGraw Hill Financial (MHFI), consensus 94c; Waste Management (WM), consensus 68c; Hershey (HSY), consensus $1.08; Ralph Lauren (RL), consensus $2.06; Wisconsin Energy (WEC), consensus 53c; Garmin (GRMN), consensus 71c; Sealed Air (SEE), consensus 46c; DENTSPLY (XRAY), consensus 60c; Goodyear Tire (GT), consensus 70c; Revlon (REV), one estimate 45c; Booz Allen (BAH), consensus 41c; Carlyle Group (CG), consensus 54c.

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