Financial News
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P&G Accepts Coty's $12.5 Billion Offer
July 9, 2015
A complicated deal to move several beauty brands
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Appeal Denied for ex-P&G Board Member
July 2, 2015
Gupta's insider trading conviction stands
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Unilever Kicks Off Q1 with Gains
July 1, 2015
First quarter highlights at Unilever show sales growth of 2.8% to $13.6 billion (€12.8 billion) with emerging markets up by 5.4%, according to the company. Personal care sales rose 2.7% to $5.1 billion, while home care increased 3.1% to $2.7 bil…
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Sales Jump 14% at CCA Industries
July 1, 2015
Health and beauty aid marketer CCA Industries, Inc. posted its first quarter results for the period ended Feb. 28, 2015. Net sales increased 14.6% to $6.9 million. Net sales of each of CCA’s core brands increased during the first three mon…
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Fragrance, Cosmetics Lead at LVMH
July 1, 2015
LVMH Moët Hennessy Louis Vuitton’s perfumes and cosmetics sector recorded organic growth of 6% to approximately $1.15 billion for the first quarter 2015 revenue. The company’s overall revenues were $9.3 billion, which…
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BASF Sales Rise in Q1
July 1, 2015
BASF, the world’s largest chemical company, reported a 3% gain in results in first quarter results to €20.1 billion ($22.4 billion). The company said that higher volumes and positive currency effects led to sales growth. …
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Significant Gains at Ulta
July 1, 2015
For the first quarter ended May 2, 2015, Ulta Beauty’s net sales increased 21.6% to $868.1 million from $713.8 million in the first quarter of fiscal 2014 and comparable sales increased 11.4% compared to an increase of 8.7% in the first fiscal…
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Warmer Weather, Hotter Sales?
July 1, 2015
Analysts blamed winter weather and a strong US dollar for the anemic 0.2% gain posted by the US economy in the first quarter of 2015. Last year, the economy increased 3%. At the same time, the surging US dollar, coupled with weakness among US tradin…
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