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Stock Market & Financial Investment News

News Breaks
September 9, 2013
06:09 EDTELEstee Lauder upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Estee Lauder citing valuation and expectations for growth in FY14. The firm raised its price target for shares to $78 from $75.
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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