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…


  • Stephan Buys Bowman Barber And Beauty Supply Company

    August 6, 2008
    The Stephan Co. has purchased Bowman Barber and Beauty Supply Company of Wilmington, NC. According to Frank F. Ferola, chief executive officer of The Stephan Co., it was “a very important strategic acquisition for us, which will strengthen o…


  • Church & Dwight Completes Purchase of Orajel, OTC Brands

    August 6, 2008
    Church & Dwight Co., Inc., maker of Arm & Hammer products, has completed its previously announced acquisition of the Del OTC pharmaceutical business from Coty Inc. The transaction was completed substantially under the original terms announ…


  • Scotts Liquid Gold Announces First Quarter

    August 6, 2008
    Household and skin care company Scott’s Liquid Gold posted its operating results for the first quarter of 2008. For the three months ended March 31, 2008, net sales rose 13% to $4.1 million. The company reported a net loss of $454,200 in the m…


  • 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…


  • 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…


  • 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.…


  • 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…


  • 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…


  • 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…


  • Beauty Business Boosts First Quarter at Avon

    June 23, 2008
    Avon Products, Inc. posted its first-quarter 2008 results showing a 14% rise in total revenue to $2.5 billion. Sales of beauty products jumped 17% and included increases in all categories: fragrance grew 20%, color was up 15%, personal care rose 15%…


  • Elizabeth Arden Sales Fall In Third Quarter 2008

    June 23, 2008
    Global prestige beauty products company Elizabeth Arden, Inc. posted its financial results for the third fiscal quarter and nine months ended March 31, 2008. For the third quarter, net sales decreased 4% to $210.6 million. According to the company…


  • P&Gs Sales Rise 9% In Fiscal Third Quarter

    June 23, 2008
    The Procter & Gamble Company posted financial results for the first quarter 2008. Net sales increased 9% to $20.5 billion. Operating profit was up 13% to $4.1 billion. Based on the company’s January-March quarter, beauty net sales increased…


  • Colgate Posts Gain in 1Q

    June 23, 2008
    Colgate-Palmolive Company posted a jump in worldwide sales and unit volume growth together with higher than expected earnings growth for first quarter 2008. Worldwide sales grew 15.5% to $3.7 billion and unit volume grew 5%, as reported. First qu…


  • 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.…