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Stock Market & Financial Investment News

News Breaks
April 10, 2014
06:04 EDTPG, YHOO, UL, LRLCY, UN, ELYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link
News For YHOO;EL;LRLCY;PG;UN;UL From The Last 14 Days
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December 19, 2014
17:18 EDTYHOOYahoo reports 16.7% passive stake in Hortonworks
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16:11 EDTELEstee Lauder to acquire GLAMGLOW, terms not disclosed
The Estée Lauder Companies announced that it has signed an agreement to acquire GLAMGLOW, a Hollywood-inspired prestige skin care brand. Terms of the deal were not disclosed. The acquisition is expected to close in January 2015.
December 18, 2014
18:06 EDTULUnilever withdraws lawsuit against Hampton Creek
Unilever U.S. has withdrawn its lawsuit against Hampton Creek over the labeling of its Just Mayo product.
10:07 EDTPG, UN, LRLCY, ULFrance's antitrust authority fines Colgate, Unilever, P&G, WSJ reports
France's Autorité de la Concurrence has fined consumer product companies including Unilever (UN, UL), Procter & Gamble (PG), Reckitt Benckister (RGBLY) and Colgate (CL) a total of EUR345.2M for anticompetitive practices between 2003-2006, The Wall Street Journal reports. L'Oreal (LRLCY), Gillette and Beiersdorf were fined EUR605.9M in total. Reference Link
07:22 EDTLRLCYL'Oreal denies anticompetitive activity
L'Oréal has been informed of the French Competition Authority's decision to rule against manufacturers of household and hygiene products concerning events which took place in the early 2000s. L'Oréal refutes accusations of anti competitive activity with its competitors, and regrets that the French Competition Authority did not take into account the highly competitive French market in hygiene products as illustrated by the number of manufacturers and retailers present on the market, the large choice of products available to consumers, and the degree of innovation and number of launches. L'Oréal is extremely surprised by this decision and the amount of the fine which are totally out of proportion. L'Oréal will appeal this decision.
December 17, 2014
13:44 EDTYHOOYahoo holders continue push for AOL merger, NY Times reports
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December 16, 2014
09:59 EDTELOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BB&T (BBT) initiated with a Neutral at Guggenheim... Bank of America (BAC) initiated with a Buy at Guggenheim... Ciena (CIEN) initiated with a Neutral at Wedbush... Cimarex Energy (XEC) initiated with a Perform at Oppenheimer... Citigroup (C) initiated with a Neutral at Guggenheim... Extended Stay America (STAY) initiated with a Market Perform at JMP Securities... Infinera (INFN) initiated with a Neutral at Wedbush... JPMorgan (JPM) initiated with a Neutral at Guggenheim... Morgan Stanley (MS) initiated with a Buy at Guggenheim... Newfield Exploration (NFX) initiated with an Outperform at Oppenheimer... Nike (NKE) initiated with a Market Perform at Cowen... PNC Financial (PNC) initiated with a Neutral at Guggenheim... Peak Resorts (SKIS) initiated with an Outperform at FBR Capital... Peak Resorts initiated with an Outperform at Oppenheimer... Ralph Lauren (RL) initiated with an Outperform at Cowen... U.S. Bancorp (USB) initiated with a Neutral at Guggenheim... Under Armour (UA) initiated with an Outperform at Cowen... Wells Fargo (WFC) initiated with a Neutral at Guggenheim... Whiting Petroleum (WLL) initiated with an Outperform at Oppenheimer... Lowe's (LOW) initiated with a Neutral at Nomura... Home Depot (HD) initiated with a Neutral at Nomura... Estee Lauder (EL) initiated with a Buy at KeyBanc... Huntsman (HUN) initiated with a Buy at Nomura... Dow Chemical (DOW) initiated with a Buy at Nomura.
07:54 EDTELEstee Lauder initiated with a Buy at KeyBanc
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December 11, 2014
10:17 EDTYHOOCiti upbeat on Google in face of pending Apple decision on Safari
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10:13 EDTPG, ELOn The Fly: Analyst Initiation Summary
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09:12 EDTELEstee Lauder weakness a buying opportunity, says BofA/Merrill
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08:09 EDTYHOOGoogle shares pricing in loss of Apple search deal, says Citigroup
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07:50 EDTPGProcter & Gamble initiated with a Market Perform at Raymond James
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07:49 EDTELEstee Lauder initiated with an Outperform at Raymond James
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