Personal Products

Thirty new ETFs and eight new ETNs arrived in March.  This was the best month for new product introductions since 43 arrived in June 2008.  No products were closed in March, marking the third straight month without any closures and keeping the year-to-date count at zero.  The total number of listed...

Oppenheimer is raising its PT on shares of Elizabeth Arden, Inc. (NASDAQ: RDEN) from $33 to $35. Elizabeth Arden closed Thursday at $30.01.

Medifast, Inc. (NYSE: MED) today reported financial results for the fourth quarter. Net revenue increased 33% year-over-year to $63 million, compared to $47.3 million in 2009; Net income for the fourth quarter of 2010 was $3.4 million, or $0.23 per diluted share, compared to net income of $2.4...

They're back.  Many of you reading this column have probably never heard of FocusShares, the firm that introduced four “focused” ETFs in November 2007 and closed them down less than eleven months later.  However, even as a defunct ETF sponsor, there was value in the firm's exemptive relief filing...

Later today after the market close, Medifast (NYSE: MED) will announce results for the fourth quarter. Wall Street analysts predict that the company will report a gain of .32% as compared to last year's gain of .21%. Currently stocks are at $19.40 a share. On March 11, 2011, Medifast announced...

By 10:20 am, the Dow Jones Industrial Average was up 12.87 points, or 0.10%, to 12,363.48, while the broader Standard & Poor's 500 index had dropped 0.53 point, or 0.04%. The NASDAQ composite index fell 1.77 points, or 0.06%. Some of the narrow based indexes that are supporting the markets...

The Estée Lauder Companies Inc. (NYSE: EL) announced today that its Aramis and Designer Fragrances Division will assume the exclusive worldwide license for the fragrance and grooming business of the Ermenegildo Zegna Group. The license is effective July 1st 2011. Other terms were not disclosed.

Inter Parfums, Inc. (Nasdaq: IPAR) today announced that it has entered into an exclusive agreement with a unit of Charming Shoppes, Inc. (Nasdaq: CHRS) for its flagship brand, Lane Bryant. Under the agreement, Inter Parfums will design and manufacture personal care products for the Lane Bryant...

Nu Skin Enterprises, Inc. (NYSE: NUS) announced today that the Tokyo District Court issued its ruling on a dispute between the company and Japan Customs. The District Court upheld previous assessments by Japan Customs of approximately $33 million in customs duties on the company's products from...

JP Morgan is out with its report today on Nu Skin Enterprises (NYSE: NUS), maintaining Overweight. In a note to clients, JP Morgan writes, "We rate NUS Overweight. While Japan will continue to be an overhang, we think the stock is cheap at about 11.5x our downwardly revised 2012 estimate....

Citi has reiterated Avon Products Inc.'s (NYSE: AVP) Buy Rating after reading AVP's 2010 10-K. Citi writes, "With AVP committed to its longer term operating margin goal of mid-teens by 2013 as well as 50-70 bps of expansion in 2011, and with AVP's management's compensation now being aligned with...

Stifel Nicolaus has upgraded the following companies: TCF Financial (NYSE: TCB) from Hold to Buy, $18 price target Nu Skin (NYSE: NUS) from Hold to Buy, $35 price target Mainsource Financial Group (NASDAQ: MSFG) from Hold to Buy, $11.50 price target

Unigen and the Estée Lauder Companies Sign an Exclusive Product License and Supply Agreement Unigen Inc., today announced that it has entered into an exclusive product license and supply agreement with a subsidiary of The Estée Lauder Companies Inc. (NYSE: EL), relating to the development and...

Schiff Nutrition International Reports Q3 EPS of $0.14 Schiff Nutrition International Inc (NYSE: WNI) reported its Q3 EPS at $0.14, versus the consensus of $0.13. WNI reported its Q3 revenue at $57.7 million, versus the consensus of $53.34 million. WNI shares gained 0.71% to close at $8.52...

Schiff Nutrition International Reports Q3 EPS of $0.14 vs $0.13 Schiff Nutrition International, Inc., (NYSE: WNI), today announced results for the fiscal 2011 third quarter ended February 28, 2011. For the third quarter of fiscal 2011, Schiff Nutrition's net sales were $57.7 million, compared to...