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Stock Market & Financial Investment News

News Breaks
June 11, 2013
08:53 EDTELEstee Lauder should be bought ahead of FY14 guidance, says Wells Fargo
Wells Fargo expects Estee Lauder to report accelerating Q4 sales and provide solid FY14 guidance. The firm is excited by what it sees as the company's strong FY14 innovation pipeline, and it keeps an Outperform rating on the shares.
News For EL From The Last 14 Days
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October 15, 2014
08:04 EDTELEstee Lauder acquires Le Labo
Estée Lauder announced that it has signed a definitive agreement to acquire Le Labo. Terms of the deal were not disclosed. The acquisition is expected to close in November. Le Labo will be overseen by John Demsey, The Estée Lauder Companies’ Group President, responsible for Estée Lauder, M·A·C, Tom Ford, Prescriptives, Bobbi Brown, Jo Malone, La Mer, Bumble and bumble, Smashbox and Aramis & Designer Fragrances.

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