Financial News

  • Henkel Directors To Resign From Ecolab Board

    August 6, 2008
    Ecolab Inc. announced that three directors designated by stockholder Henkel AG & Co.—Stefan Hamelmann, Kasper Rorsted and Hans Van Bylen—have decided to resign from Ecolab’s board. In February 2008 Henkel reported it owned 29…


  • WD-40 Reports 5.8% Rise In Third Quarter Sales

    August 6, 2008
    WD-40 Company posted net sales for the third quarter ended May 31, 2008 of $82.1 million, an increase of 5.8%. Year-to-date net sales were $240.2 million, up 5%. Net income for the third quarter was $8.1 million, up 5.6% compared to the prior year…


  • Cognis Sells Pulcra Chemicals

    August 6, 2008
    Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG for $42 million. According to the company, the sale is in line with Cognis’ strategy of foc…


  • Dow Chemical To Acquire Rohm & Haas for $18.8B

    August 6, 2008
    Dow Chemical Company agreed to buy Rohm & Haas Co. for about $18.8 billion, reducing its dependence on petroleum-based commodity chemicals and increasing sales of more profitable products. Financing for the deal includes equity investments of $3…


  • Unilever Taps Aon For Consulting Services

    July 14, 2008
    Aon Corporation, a provider of global risk management and consulting services, has formed a global partnership with Unilever to work with its business lines worldwide. According to a statement to the press, the agreement enables Unilever to appro…


  • Is a Nano Nail Enamel On the Horizon?

    July 14, 2008
    NaturalNano, Inc., a Rochester, NY developer of advanced nanomaterials and extended release nanotechnologies, has entered into an exclusive development and testing agreement with global cosmetics supplier Fiabila, S.A. to explore the use of halloysit…


  • First Quarter Jump At Natural Health Trends

    July 14, 2008
    Natural Health Trends Corp. posted a rise in its financial results for the quarter ended March 31, 2008. According to the company, the quarter showed significant improvement over the previous periods. Net sales from December 2007 to March 2008 featu…


  • Record First Quarter Results At Inter Parfums, Inc.

    July 14, 2008
    Inter Parfums, Inc. announced first quarter sales rose 45% to $123.2 million; at comparable foreign currency exchange rates, net sales were up 35% for the period; European-based operations achieved sales of $110.6 million, a 46% increase; sales by U.…


  • Human Pheromones 1Q Impacted by Market Downturn

    July 14, 2008
    Human Pheromone Sciences, Inc.’s first quarter sales fell 20% to $266,000, and the company reported a net loss of $63,000. According to a spokesperson, the results reflected the overall downturn in the U.S. fragrance and beauty market sales…


  • Cognis First Quarter Sales Rise 7% to $1.4B

    July 14, 2008
    Cognis said its first quarter sales rose 7.1% to $1.4 billion. According to the company, all three strategic business units—Cognis Care Chemicals, Nutrition & Health and Functional Products—increased sales by focusing on the innovatio…


  • First Quarter Sales

    June 23, 2008
    Inter Parfums, Inc.’s net sales for the first quarter were approximately $123.2 million—a gain of 45%. According to the company, at comparable foreign currency exchange rates, net sales for the first quarter were up 35% for 2008.…


  • Bare Escentuals Still Going Strong in First Quarter 2008

    June 23, 2008
    Bare Escentuals, Inc. posted its financial results for the first fiscal quarter ended March 30, 2008. Net sales were $140.4 million, an increase of approximately 21% from $115.6 million in the prior year. Net income for the first quarter of fiscal 20…


  • Kimberly Clark Posts 1Q Gain

    June 23, 2008
    Kimberly-Clark Corporation reported that net sales in the first quarter of 2008 advanced 9.7% to $4.8 billion, a new quarterly record. According to the company, sales in developing and emerging markets climbed 22%, with particular strength in the per…


  • Alberto-Culver Reports Strong 2Q, First Half 2008

    June 23, 2008
    Alberto-Culver Company—manufacturer and marketer of personal care products including TreSemme, Alberto VO5, Nexxus and St. Ives—posted record sales and earnings from continuing operations for its second quarter and first half of fiscal ye…


  • Revlons First Quarter Sales Drop

    June 23, 2008
    Revlon, Inc. announced its results for the first quarter ended March 31, 2008. Net sales decreased 2.5% to $320.4 million. For the second half of 2008, the company plans to introduce an extensive lineup of new Revlon and Almay color cosmetics.…