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Stock Market & Financial Investment News

News Breaks
February 14, 2014
06:31 EDTLRLCY, NSRGYL'Oreal buys back 8% of its stock from Nestle, Bloomberg says
L’Oreal (LRLCY) agreed to buy back 8% of its stock from Nestle (NSRGY), which marks the first sale of the shares by the Swiss company, reported Bloomberg. L’Oreal and Nestle began a partnership in 1974 and Nestle will still own 23.3% of L’Oreal after the sale. Reference Link
News For NSRGY;LRLCY From The Last 14 Days
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July 30, 2015
13:28 EDTLRLCYL'Oreal reports Q2 net profit EUR 1.77B, net EPS EUR 2.92
Reports Q2 sales up 3.6% EUR 6.38B. Reports Q2 Professional Products sales up 3.5% to EUR 887.7M. Reports Q2 Consumer Products sales up 2% to EUR 3.08B. Reports Q2 L'Oreal Luxe sales up 5.8% to EUR 1.73B. Reports Q2 Active Cosmetics sales up 6.5% to EUR 459.4M. Repots Q2 Total Cosmetics Divisions sales up 3.6% to EUR 6.16B.

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