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November 22, 2005
The Estée Lauder Companies, Inc., New York, reported net sales for its fiscal year ended June 30 were up 14% to $5.79 billion. Excluding the impact of foreign currency translation, net sales rose 9% for the year. Net earnings increased 24% t…
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November 22, 2005
Anglo-Dutch company Unilever reported flat sales of leading brands and lower second-quarter operating profit, but the company stuck to its 2004 earnings per share target. Lower interest costs, a tax benefit and cost savings from stepped-up restructur…
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November 22, 2005
The board of directors for the Colgate-Palmolive Company declared quarterly cash dividends of $.24 per common share, payable on Aug. 16 to shareholders of record on July 26. The company has paid uninterrupted dividends on its common stock since 1985.…
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November 22, 2005
Revlon Inc. and its wholly-owned subsidi-ary, Revlon Consumer Products Corp. (RCPC), announced the consummation of a new $960 million credit facility from Citicorp USA Inc. and Citigroup Global Markets Inc. and a syndicate of lenders on terms similar…
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November 22, 2005
Wella will cut 1,200 jobs in production and distribution as it consolidates its operations with those of its new owner, Procter & Gamble Co.
About 200 of the jobs that will be eliminated in the next 12 to 24 months are in Germany, the Darmstadt-…
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November 22, 2005
Lubricant maker WD-40 Co. reported third-quarter net income rose about 5% to $6.1 million, or $0.35 a share, although its bottom line was hurt by higher costs for raw materials.
Analysts predicted the company would post earnings of $0.42 a share, ac…
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November 22, 2005
Helen of Troy reported record revenues and operating incomes for the first quarter. Revenues rose 17% to $107 million. Net earnings, however, dropped from $0.50 to $0.44 a share.
Last year’s results were affected by proceeds from a legal sett…
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November 22, 2005
Inter Parfums announced second quarter sales and raised its 2004 outlook. Operating results for the quarter will become available on August 11.
The company reported that net sales for the second quarter were $46.8 million, up 13% from a year ago.…
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November 15, 2005
Last month, Elizabeth Arden offered about 2.5 million common shares at $19.50 a share. Arden will use the money to reduce borrowing. Affiliates of food and personal care product company Unilever NV sold about 2.3 million of the shares, representing t…
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November 15, 2005
Symrise said it will eliminate 420-500 jobs worldwide. The company said market pressures in terms of process efficiency and customer service have increased dramatically.
“Today we are challenged to realize all the optimization opportunities we…
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November 15, 2005
Palomar Medical Technologies Inc. an- nounced that the company has entered the next phase of its pact with Gillette Co. to develop and commercialize a home-use, light-based hair removal device for women and that Gillette would boost its funding for t…
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November 15, 2005
CCA Industries announced record rev- enues and earnings for the second quarter and six-month period ended May 31, 2004.
Earnings a share (diluted) for the second quarter increased to $0.36, from $0.34 for the same quarter last year. Revenues increas…
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November 15, 2005
Berkshire Partners and JH Partners, along with management, announced last month the completion of the recapitalization of MD Beauty Inc. Terms of the transaction were not disclosed.
Senior debt financing was led by BNP Paribas with mezzanine debt pr…
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November 15, 2005
Revlon Inc. announced its wholly-owned subsidiary, Revlon Consumer Products Corp. (RCPC), commenced a cash tender offer in June to purchase any and all of the $363 million aggregate principal amount outstanding of its 12% Senior Secured Notes due 200…
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November 15, 2005
Uniondale, NY-based Del Laboratories reported net sales for the first quarter of 2004 were $83.06 million, an 11% decrease compared to first quarter 2003 net sales of $93.3 millon.
The decline in net sales was attributed to production start-up prob…
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