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Alberto-Culver Beats Estimates (ACV)
Monday, November 1, 2010 - 4:18pm | 123Alberto-Culver Co. (NYSE: ACV) reports Q4 earnings of $0.41 versus consensus of $0.40. Alberto-Culver Co. reports revenues of $431.9 million versus consensus of $429.51 million. Revenues increased 46.3% year over year. On September 27, 2010, the company entered into a definitive agreement with...
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Prestige Brands Holdings, Inc. Completes Purchase of Blacksmith Brands
Monday, November 1, 2010 - 3:46pm | 81Prestige Brands Holdings, Inc. (NYSE: PBH) today announced that it has completed its previously announced purchase of Blacksmith Brands Holdings, Inc. The transaction was finalized under the original terms announced on September 20th, which called for Prestige to pay $190 million in cash at closing...
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Elizabeth Arden, Inc. Signs Fragrance Agreement With Taylor Swift
Monday, November 1, 2010 - 10:16am | 85Elizabeth Arden, Inc. (Nasdaq: RDEN) announced today that it has signed an exclusive global license agreement with Taylor Swift, the internationally acclaimed music star, to develop and market her own line of fragrance products. The license agreement includes the development, marketing, and...
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Alberto-Culver Beats Estimates (ACV)
Monday, November 1, 2010 - 7:59am | 144Melrose Park, Illinois based personal products manufacturer Alberto-Culver Company (NYSE: ACV) released financial results on Monday morning that beat Wall Street estimates. Alberto-Culver Company announced that its fiscal 4th quarter net earnings rose to $41.35 million, up from $31.66 million a...
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Benzinga's Top Downgrades (CTRN, COL, EL, ANH)
Monday, November 1, 2010 - 7:00am | 156Citi Trends Inc (NASDAQ: CTRN) was downgraded by JP Morgan from "overweight" to "neutral." CTRN's shares closed at $20.98 on Friday. Citi Trends' 52-week trading range is $20.76-$37.57. Rockwell Collins Inc (NYSE: COL) was downgraded by RBC Capital Markets from "outperform" to "sector perform." COL...
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Alberto Culver Reports Fourth Quarter EPS $.46
Monday, November 1, 2010 - 7:00am | 218Alberto Culver Company (NYSE: ACV) today announced results for its fourth quarter and fiscal year 2010 ended September 30, 2010. Fourth Quarter Net sales for the fourth quarter increased 12.1% to $431.9 million compared to $385.2 million in the prior year quarter. On an...
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JP Morgan Raises PT On Estee Lauder
Monday, November 1, 2010 - 6:59am | 165JP Morgan has published a research report on Estee Lauder (NYSE: EL) after the company reported strong FQ1 earnings results including +13% organic growth. In the report, JP Morgan writes "EL's LC sales were up 14%, above our +11-12% forecast and their guidance range of +11-13%. Heading into the...
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Oppenheimer Reiterating Underperform On Estee Lauder (EL)
Monday, November 1, 2010 - 6:44am | 140Oppenheimer & Co. has an Underperform rating on The Estee Lauder Companies Inc. (NYSE: EL), despite reporting a much better than expected earnings. In a note to clients, Oppenheimer writes, "Estee Lauder's F1Q results were much better than expected, with 14% local sales and adjusted EPS growth...
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Estee Lauder Outpaces Estimates - Analyst Blog
Friday, October 29, 2010 - 6:03pm | 408Estee Lauder (EL) reported robust first-quarter 2011 results with earnings of 95 cents per share. Earnings (excluding one-time items) were well above the Zacks Consensus Estimate of 77 cents and soared 14.1% from 71 cents delivered in the prior-year quarter. The New York-based Estee Lauder now...
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Avon Short of Estimates - Analyst Blog
Friday, October 29, 2010 - 12:51pm | 550Avon Products Inc. (AVP) recently posted third-quarter 2010 earnings of 41 cents a share, which fell short of the Zacks Consensus Estimate by 6 cents and dipped 2.4% from last year's 42 cents a share. The drop came on the back of heavy expenses and lower-than-expected revenues. However, the...
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Stock Market News for October 29, 2010 - Market News
Friday, October 29, 2010 - 9:03am | 1145Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.'s downbeat earnings and its tepid full-year outlook wiped off market's initial advance that was fueled by a surprise drop in initial claims. The...
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The Estée Lauder Companies Reports First Quarter EPS of $.95
Friday, October 29, 2010 - 6:37am | 131The Estée Lauder Companies Inc. (NYSE: EL) today reported financial results for the first quarter ended September 30, 2010 that were sharply higher than the prior-year period. For the quarter, the Company had net sales of $2.09 billion, a 14% increase compared with $1.83 billion reported in the...
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Earnings Scheduled For October 29 (CVX, POM, CEG, MRK, PGN, NEE, SNE, D, EL, ITT, CI, WY, EIX, LNT)
Friday, October 29, 2010 - 4:46am | 355Chevron Corp (NYSE: CVX) is expected to report its Q3 EPS at $2.16 on $49.48 billion in revenue. Pepco Holdings Inc (NYSE: POM) is forecast to report its Q3 earnings at $0.38 per share. Constellation Energy Group Inc (NYSE: CEG) may report its Q3 earnings at $0.64 per share on revenue of $4.03...
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China & Grain Markets 10-28-2010
Thursday, October 28, 2010 - 2:18pm | 858Cusick's Corner The Dollar, UUP, is doing its part to keep this market up. However, the bid on the Dollar is not as strong as we have seen in the recent past when we get these short-term shake outs. One of the more interesting comments that has been floating around on the wires is that China is...
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Company News for October 28, 2010 - Corporate Summary
Thursday, October 28, 2010 - 9:03am | 791• Visa (NYSE: V) posted inline fiscal fourth quarter results of $0.95 on revenues of $2.12 billion up from Zacks projections of $2.08 billion • Las Vegas Sands (NYSE: LVS) reported estimate-topping third quarter results of $0.34, ahead of Zacks estimates of $0.23, on revenues of $1.91 billion that...