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Revlon Reports Third Quarter EPS of $.24
Thursday, October 28, 2010 - 7:14am | 139Revlon, Inc. (NYSE: REV) today announced results for the third quarter ended September 30, 2010. Third quarter 2010 results compared to third quarter 2009 are as follows: Net sales of $319.0 million compared to $326.2 million, a decrease of 2.2%. Excluding unfavorable foreign currency...
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Avon Products (AVP) Misses Estimates
Thursday, October 28, 2010 - 6:27am | 257Avon Products, Inc. (NYSE: AVP) released financial results on Thursday morning that missed Wall Street earnings and revenue estimates. Avon Products, Inc announced that its 3rd quarter net income rose to $167.5 million, or 38 cents per share, up from $157.6 million, or 36 cents per share, a year...
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Earnings Preview: Avon Products - Analyst Blog
Wednesday, October 27, 2010 - 6:48pm | 819Avon Products Inc. (AVP), the world's largest direct seller of beauty products, is scheduled to release its third-quarter 2010 results on Thursday, October 28 before the market opens. The current Zacks Consensus Estimate for the third quarter of fiscal 2010 is 47 cents a share. Second Quarter...
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Pina Coladas on the QE2 10-27-2010
Wednesday, October 27, 2010 - 6:06pm | 937Cusick's Corner In the words of the infamous song “Pina Colada” – “I was tired of my lady, we've been together too long, like a worn out recording of a favorite song,” the market seems to have tired of the old QE2 is-a-coming talk and maybe tired of this current run. Folks, we have been hearing...
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Correlation Between Euro & SPY Intact Today 10-27-2010
Wednesday, October 27, 2010 - 2:32pm | 860Cusick's Corner As I have stated in past Corners, as the Euro Currency goes so does the market -- that correlation between FXE and SPY is still intact today. The Euro FXE pulled back in the last week from the $1.40 to the $1.37 and the SPY has been in lock step with this move. Both markets are...
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Avon Lady Turns Positive (AVP)
Wednesday, October 27, 2010 - 8:50am | 71Like a confused person, shares of Avon Products Inc. (NYSE: AVP) can't make up their minds, and are higher now after starting off sharply lower. At last check, shares are up 55 cents to $33.40. They had been down as much as 30 cents earlier, so this is a 4% swing in just a few minutes. Avon...
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Inter Parfums, Inc. Reports Third Quarter Net Sales of $120.9M
Tuesday, October 26, 2010 - 7:48am | 110Inter Parfums, Inc. (NASDAQ: IPAR) today announced that net sales for the third quarter of 2010 reached $120.9 million, a 2.8% increase from $117.5 million in the third quarter of 2009. At comparable foreign currency exchange rates, net sales for the third quarter were up 12.9%. Thus, net sales for...
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Top 4 Small-Cap Stocks In The Healthcare Sector With The Highest ROE (TRIB, USNA, PRSC, MDF)
Tuesday, October 26, 2010 - 5:02am | 135Below are the top small-cap healthcare stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Trinity Biotech Plc (NASDAQ: TRIB) is 56.37%. TRIB's profit margin for the same period is 59.32%. The trailing-twelve-month return on equity at USANA...
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A Peek Into The Market Before The Trading Starts
Wednesday, October 20, 2010 - 6:47am | 473Pre-open movers US stock futures moved up, as investors are awaiting another round of earnings from several major companies today. Futures for the Dow Jones Industrial Average gained 20 points to 10,963.00, while those for the S&P 500 rose 4 points to 1,167.80. Futures for the Nasdaq 100 moved...
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Market Watchers See QE Priced Into Market 10-19-2010
Tuesday, October 19, 2010 - 2:19pm | 1026Cusick's Corner The market did what we thought it would -- pullback, 1162 on the Dec S&Ps, firm up and now stuck in a Midday consolidation. At this stage unless you see a major surprise in employment, interest rates or a string of negative earnings in this cycle, this trend is intact and these...
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Unconfirmed Rumors continue to circulate that Loreal is going to buy Avon Products Inc. (AVP) at $50.00 a share
Tuesday, October 19, 2010 - 9:07am | 25Unconfirmed Rumor continue to circulate that Loreal is going to buy Avon Products Inc. (AVP) at $50.00 a share
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Mad Money Lightning Round: Cramer Advises Investors To Hold Chesapeake Energy (GS, ENDP, AVP, CHK)
Tuesday, October 19, 2010 - 5:00am | 150On CNBC's Mad Money, Jim Cramer said during the Lightning Round that according to him, Goldman Sachs (NYSE: GS) is too cheap, adding, “It is going to make a lot of money and I think the analysts are too negative." Jim said that Endo Pharmaceuticals (NASDAQ: ENDP) has really made a “tremendous...
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Goldman Sachs Reiterates Neutral On Estee Lauder (EL)
Monday, October 18, 2010 - 5:56am | 144Goldman Sachs is reiterating its Neutral rating on The Estee Lauder Companies Inc. (NYSE: EL), despite seeing positive trends in the month of September. In a note to clients, Goldman writes, "We are encouraged by the improved fundamentals in the US prestige cosmetics industry, as well as Estee's...
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Schiff Nutrition International Announces a TPG Growth Acquisition of 25% Company Stake
Friday, October 15, 2010 - 7:56am | 133Schiff Nutrition International, Inc., (NYSE: WNI), announced today that TPG Growth, the middle market buyout and growth platform of TPG, a global private investment firm, has purchased approximately 25% of Schiff Nutrition's fully diluted outstanding shares from Weider Health and Fitness, Schiff...
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A Peek Into The Market Before The Trading Starts
Friday, October 15, 2010 - 6:53am | 489Pre-open movers US stock futures were mixed as investors are awaiting speech by Federal Reserve Chairman Ben Bernanke. Several economic reports are also scheduled to release today. Futures on the Dow Jones Industrial Average fell 19 points to 11,033, while S&P 500 futures were down 1.50 points...