Estee Lauder Companies Inc. is a global leader in the beauty industry, specializing in the development and marketing of high-quality skincare, makeup, fragrance, and hair care products. The company is known for its diverse portfolio of prestigious brands, including Estée Lauder, Clinique, MAC, and La Mer, among others. With a commitment to innovation and excellence, Estee Lauder focuses on creating premium products that cater to a wide range of consumer preferences and demographics. The brand is dedicated to sustainability, inclusivity, and social responsibility, aiming to enhance beauty experiences for customers around the world. Read More
Shares of beauty products company Estée Lauder (NYSE:EL) jumped 5.4% in the morning session after Deutsche Bank analysts upgraded the stock from Hold to Buy and raised the price target from $71 to $95 (implying more than a 20% upside), noting that demand concerns in the beauty space were fading.
The cosmetics giant is accelerating innovation across brands and price tiers while migrating decision-making geographically closer to where business operations occur.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
It is with deep sadness that The Estée Lauder Companies Inc. (NYSE: EL) announces that Chairman Emeritus Leonard A. Lauder passed away on June 14, at the age of 92, surrounded by family.
Estée Lauder, the flagship brand of The Estée Lauder Companies, is proud to announce its official launch in the Amazon.ca Premium Beauty store. This launch will enable broader access to Estée Lauder’s high-performance skin care, best-in-class makeup and iconic fragrances to customers across Canada with the ease and convenience of Amazon. Estée Lauder debuted in the Amazon.com Premium Beauty store in Fall 2024.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
