Financial News

  • What

    What's in a Name?

    June 18, 2013
    Borghese family takes on Revlon


  • A Rocky First Day for Coty

    A Rocky First Day for Coty's IPO

    June 14, 2013
    Shares fall—but hopes are high.


  • Q1 Sees Gains for P&G

    June 6, 2013
    • For the January-March quarter, net sales at the Procter & Gamble Company (P&G) rose 2% to $20.6 billion. In the US market, P&G held or grew value share in businesses representing two-thirds of sales. “We delivered another qu…


  • Sales Up 2.1% at Revlon

    June 6, 2013
    • Revlon, Inc. first quarter sales rose 2.1% to $331.9 million. In the US, net sales rose 4% to $192.1 million. The increase was primarily driven by higher net sales of Revlon and SinfulColors color cosmetics and the inclusion of the net sales o…


  • Inter Parfums’ Sales Jump 29.3%

    June 6, 2013
    • Inter Parfums’ first quarter sales rose 29.3% to $213.8 million. During the quarter, the company launched Desire by bebe and US-based operations took over the manufacture and distribution of legacy Alfred Dunhill fragrances. Also, Inter…


  • A Quarterly Turnaround At Avon Products

    June 6, 2013
    • After months—no years—of bad news, things may finally be turning around at Avon Products, Inc. The company reported a better-than-expected first-quarter results, helped by higher sales in key markets Brazil and Russia and cost cut…


  • Q1 Shows Gain for Colgate

    June 6, 2013
    • Colgate-Palmolive’s first quarter sales rose 2.5% to $4.3 billion. Global unit volume grew 4.0%, pricing increased 1.5% and foreign exchange was negative 3.0%. Operating profit decreased 21% to $742 million in first quarter 2013. Colgate…


  • Skin Care Sales Up at Energizer

    June 6, 2013
    • Energizer Holdings, Inc. said personal care sales for the quarter increased 0.2% to $652.6 million; for the six months, it remained flat at $1.206 billion. “Modest top line growth in personal care was offset by declines in household pro…


  • WD-40 Posts Gains in Q2

    June 6, 2013
    • WD-40 Company’s second quarter sales rose 1% to $86.7 million. For the year, sales rose 6% to $182.0 million. Net income for the second quarter fell 1% to $10.5 million, while year-to-date net income was $21.4 million, an increase of 23…


  • Q1 Successful at Ecolab

    June 6, 2013
    • 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…


  • Coty To Raise $1.2 Billion

    Coty To Raise $1.2 Billion

    May 28, 2013
    IPO priced between $16.50-18.50 a share.


  • Screentech/Spraytech's New Venture

    May 28, 2013
    'Sort It Out' culls packaging defects and rejects.


  • Valeant To Buy Bausch & Lomb

    Valeant To Buy Bausch & Lomb

    May 27, 2013
    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

    May 24, 2013
    Adds specialty products business.


  • Lafley In, McDonald Out at Procter & Gamble

    Lafley In, McDonald Out at Procter & Gamble

    May 24, 2013
    Former CEO returns after pressure from investor Ackman.