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Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:36 EDTELEstee Lauder weakness an overreaction, says Credit Suisse
Credit Suisse views the weakness in Estee Lauder as an overreaction and said the company delivered high quality results and has a well-diversified portfolio. Shares are Outperform rated with an $82 price target.
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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