|Bid||167.00 x 6000|
|Ask||169.85 x 35000|
|Day's Range||185.70 - 187.40|
|52 Week Range||156.50 - 197.15|
|PE Ratio (TTM)||28.78|
|Forward Dividend & Yield||3.61 (1.70%)|
|1y Target Est||N/A|
L'Oreal (OREP.PA) said on Thursday it would appeal a 2.6 million euro ($3 million) fine imposed by Greece's competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices. The local beauty products business of France's Christian Dior - part of luxury goods group LVMH (LVMH.PA) - was also fined just under 1.8 million euros, while U.S.-based Estee Lauder (EL.N) got the biggest fine, at 5.4 million euros. Three Greek companies were included in the six.
L'Oreal (OREP.PA) said on Thursday it would appeal a 2.6 million euro (2.32 million pounds) fine imposed by Greece's competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices. The local beauty products business of France's Christian Dior - part of luxury goods group LVMH (LVMH.PA) - was also fined just under 1.8 million euros, while U.S.-based Estee Lauder (EL.N) got the biggest fine, at 5.4 million euros. Three Greek companies were included in the six.
French Prime Minister Edouard Philippe said any takeover of cosmetics maker L’Oreal SA would be watched carefully by the government though the company isn’t necessarily a strategic asset.
As new Nestle SA Chief Executive Officer Mark Schneider prepares to lay out his strategic vision for the Swiss food giant, his plans will be overshadowed by a changing of the guard at another European ...
The death this week of L’Oreal SA’s founding family matriarch is putting the spotlight on a reclusive 64-year-old heiress who now finds herself as the richest woman in the world.
Liliane Bettencourt, the world's richest woman and heiress to the conglomerate giant L'Oreal SA (ADR) (OTC: LRLCY ), passed away Thursday at the age of 94. This raises the question of what will come next ...
The death of billionaire Liliane Bettencourt focused attention on Friday on how L'Oreal's founding family and major shareholder Nestle (NESN.S) would manage their stakes in the world's biggest cosmetics firm. Bettencourt, listed by Forbes as the world's richest woman and heiress to the company started by her father, died at the age of 94, relatives said late on Thursday. Bettencourt's family owns 33 percent of L'Oreal.
L’Oreal SA shares surged the most in seven years on speculation that the death of the founding family’s matriarch, Liliane Bettencourt, could clear up the cosmetics maker’s ownership through a takeover ...
Regularly named France's richest person and for years the wealthiest woman in the world thanks to her L'Oreal inheritance, Liliane Bettencourt lived her life surrounded by the scent of money, politics and more than a touch of scandal. For most of her nine decades she was better known for who she was than for what she did, even though her first job, at the age of 15, was as an apprentice in a L'Oreal factory, mixing cosmetics and labeling bottles of shampoo. The daughter of L'Oreal founder Eugene Schueller, to whom she was always close, in 1950, at the age of 28, she married Andre Bettencourt, a government minister of the 1960s and 70s under President Charles de Gaulle.
French businesswoman and billionaire Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died aged 94, her daughter said on Thursday. Bettencourt, listed by Forbes as the world's richest woman, was the heiress to the beauty and comestics company her father founded just over a century ago as a maker of hair dye. Bettencourt and her family owned 33 percent of the company.
The world's wealthiest woman, L'Oreal heiress Liliane Bettencourt, has died, according to a statement from her daughter on Thursday. She was 94 and was the thirteenth richest person in the world at the time of her death, with a net worth that Forbes estimates at $44.7 billion.
PARIS (AP) — Liliane Bettencourt, the L'Oreal cosmetics heiress and the world's richest woman, has died at her home in a chic Parisian suburb. She was 94.
Estee Lauder Cos Inc's stock hit a record high after the cosmetics maker forecast full-year profit and sales ahead of Street views and posted higher-than-expected quarterly results as it sold more products ...
Ulta Beauty Inc (NASDAQ: ULTA )'s nearly 15 percent sell-off over the past month could be the beginning of the stock's longer-term trend, analysts at Oppenheimer said. The firm's Rupesh Parikh downgrades ...
GlaxoSmithKline's new chief executive announced plans on Wednesday to narrow the focus of the group's drug research by ditching more than 30 drug projects to improve returns in its core pharmaceuticals business. Emma Walmsley, who took over in April, said GSK would in future allocate 80 percent of its R&D budget to respiratory and HIV/infectious diseases, along with two other potential areas of oncology and immuno-inflammation.
Activist investor Daniel Loeb is keeping up pressure on Nestle by sharing views with the company as part of a regular dialogue, a source familiar with the matter told Reuters. The move came just two days after the billionaire hedge fund manager urged Nestle to more aggressively improve returns as his Third Point fund revealed a $3.5 billion stake that made it Nestle's eighth-largest shareholder. Some analysts now expect Nestle to set, or at least imply, a long-term margin target at its Sept. 26 investor seminar, when new chief executive Mark Schneider will lay out his plans.
Rating Action: Moody's affirms Nestlé's Aa2 rating; stable outlook. Global Credit Research- 28 Jun 2017. Milan, June 28, 2017-- Moody's Investors Service has today affirmed the Aa2 issuer rating of the ...
Activist investor Daniel Loeb's Third Point disclosed over the weekend a 3.28 billion Swiss franc ($3.4 billion) stake in the Switzerland-based giant Nestle SA (ADR) (OTC: NSRGY ), best known for its chocolate ...
Jun.26 -- Daniel Loeb has amassed the largest bet of his career, a $3.5 billion stake in Nestle SA by Third Point LLC, urging the company to sell its stake in L'Oreal SA. Bloomberg Gadfly columnist Andrea Felsted and Bloomberg's Ed Hammond report on "Bloomberg Markets." (Felsted's opinions are her own.)