Financial News

  • Q1 Successful at Ecolab

    • Ecolab’s sales rose 2% to a record $2.9 billion in the first quarter of 2013. When adjusted for acquisitions and divestitures, first quarter 2013 fixed currency sales rose 3%. Global institutional segment sales rose 2% to $975 million, l…

  • Color Cosmetics | Fine Fragrance
    Coty To Raise $1.2 Billion

    Coty To Raise $1.2 Billion

    IPO priced between $16.50-18.50 a share.

  • Screentech/Spraytech's New Venture

    'Sort It Out' culls packaging defects and rejects.

  • Skin Care
    Valeant To Buy Bausch & Lomb

    Valeant To Buy Bausch & Lomb

    Valeant Pharmaceuticals International will pay $8.7 billion to acquire Bausch & Lomb, the eye care company. Under the terms of the deal, Valeant will pay $4.5 billion to the investor group that owns Bausch & Lomb, led by private equity firm W…

  • Croda Buys Arizona Chemical Unit

    Croda Buys Arizona Chemical Unit

    Adds specialty products business.

  • Lafley In, McDonald Out at Procter & Gamble

    Lafley In, McDonald Out at Procter & Gamble

    Former CEO returns after pressure from investor Ackman.

  • US Economy On Track

    Cheap money provides lift.

  • Coty To Issue IPO

    Coty To Issue IPO

    Set to file S-1 form today

  • Nu Skin Launches ageLOC TR90

    Nu Skin Launches ageLOC TR90

    New 90-day weight loss system.

  • US Unemployment Rate Drops

    US Unemployment Rate Drops

    Economy adds 165,000 jobs in April.

  • Valeant To Acquire Obagi

    • Valeant Pharmaceuticals International Inc. has entered into an agreement to acquire Obagi Medical Products Inc. According to reports, Valeant will acquire all the outstanding common stock of Obagi for $19.75 a share in cash, or $360 million.…

  • Avon Q1 Results: Not So Bad

    Avon Q1 Results: Not So Bad

    Emerging markets provide lift.

  • I&I Marketplace
    Ecolab Posts Strong Results

    Ecolab Posts Strong Results

    Energy business provides lift.

  • Net Sales Rise 7.4% At Yankee Candle

    Net Sales Rise 7.4% At Yankee Candle

    • Yankee Holding Corp. and The Yankee Candle Company, Inc. posted financial results for the fourth quarter and full year ended Dec. 29, 2012. For the year ended Dec. 29, 2012, total company net sales increased 7.4% to $844.2 million. Retail sal…

  • Novozymes Sales Rise 7% in 2012

    • Novozymes’s 2012 sales rose 7% to more than $2.0 billion, the company reported. Net profit rose 10% to nearly $360 million. This year, the company expects organic sales growth of 5-8%. “We delivered strong earnings growth and reco…

  • Spectrum Invests In Shaser Bioscience

    • Spectrum Brands Holdings, Inc. acquired a 56% interest in Shaser Bioscience, Inc., a privately-held global technology company that develops energy-based, aesthetic dermatological platforms for home use devices, for $50 million in cash. Accord…

  • Gains at L’Occitane

    • L’Occitane International S.A., a global, natural and organic ingredient-based cosmetics and well-being products manufacturer and retailer, posted a 21.9% increase in sales to $582 million for the six months ended Sept. 30, 2012. The gain…

  • KitoZyme Lands More Funding

    • KitoZyme has finalized a €9 million capital increase. The issue of new shares was reserved for and entirely underwritten by the company’s two main shareholders: Valois (Mestdagh Group and Montulet family) and SRIW, the Wallonia Regi…

  • US Economy Expanded in Q4

    Here’s hoping that red ink is erasable. The US economy actually grew in the fourth quarter of 2012—but just barely—instead of contracting for the first time in three and a half years, according to the Commerce Department. The U…

  • Unilever Posts Double-Digit Gains

    • Once again, Unilever showed that it knows a thing or two about selling shampoo and soap bars in emerging markets. Led by sales gains in India, Brazil and other growth countries, the company reported 2012 sales rose 10.5% to €51.3 billion…