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Stock Market & Financial Investment News

News Breaks
September 12, 2013
07:28 EDTELEstee Lauder operating margin target conservative, says Stifel
After Estee Lauder estimated that it could generate an operating margin of 16.5% in FY16, Stifel thinks the company's operating margin can reach 18%-19% in that year. The firm thinks the stock's valuation is attractive and keeps a Buy rating on the shares.
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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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