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Stock Market & Financial Investment News

News Breaks
February 5, 2014
10:00 EDTELEstee Lauder says Cyber Monday was biggest e-commerce sales day in history
Says skincare remains top priority. Says focusing on strengthening position of skin care for the rest of the fiscal year. Says will continue to leverage ability to reignite stronger growth in this category. Expects online sales to represent a greater portion of sales in the future. Says plans to invest more in advertising in Q3. Expects makeup sales trends to continue. Comments made during the company's Q2 earnings conference call.
News For EL From The Last 14 Days
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August 21, 2015
09:26 EDTELEstee Lauder should be bought on weakness, says RBC Capital
RBC Capital believes that Estee Lauder's multi-year growth story is intact. The firm says that in the last five times that the stock has fallen 5%, it has subsequently rebounded strongly. RBC cut tis price target on the name to $105 from $110 but keeps an Outperform rating.

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