Estee Lauder sees double-digit profit growth
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Cosmetics maker Estee Lauder Cos. Inc.   forecast up to 12 percent annual earnings growth over  the next three years as it cuts costs and expands overseas and  announced a $750 million share buyback on Tuesday.
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Second-quarter profit rose 16 percent as higher prices overshadowed an increase in advertising costs.
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L&#39;OrÃ©al, the world&#39;s largest cosmetics firm, yesterday reported a near 22% profit gain in the first half, after a push into Asian and east European markets.
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Laszlo F. Kovacs, CEO of BorsodChem Rt, stated last week that the chemicals producer plans to double in size and sharply increase profitability within a few years in order to increase its chances of staying ...
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FedEx Corp. said Thursday that second-quarter earnings more than tripled year-over-year, due to strong results in the company&#39;s express, ground and freight businesses.
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Express shipping giant FedEx Corp. on Wednesday reported that first-quarter earnings more than doubled on sharply higher revenue and average daily package volumes to meet Wall Street expectations.
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The company reports double-digit growth in eight out of 11 business units.
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The company reported double-digit growth of at least 25% all around, from new software licenses to profit and revenue.
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L'Oreal, the world's biggest cosmetic  group, reported a 6.3 percent rise in first-half earnings on  Wednesday helped by a contribution from drugmaker Sanofi, and  confirmed it was aiming for a 20th straight year of  double-digit profit growth.
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The drugstore chain said that quarterly profit more than doubled, helped by lower costs for store closings and labor.
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French luxury group LVMH Moet Hennessy Louis Vuitton said it expected another year of significant earnings growth as it reported a 30 percent surge in 2006 net profit to 1.879 billion euros (2.5 billion dollars).
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The chemical giant reported second-quarter earnings similar to year-ago results as higher sales were offset by the cost of energy and accelerated biotech research.
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Cosmetics manufacturer Estee Lauder Cos. Inc. (EL.N) on Tuesday said quarterly net income jumped 51 percent, bolstered by new product sales and an improving U.S. retail market.
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The company plans to more than double its output by 2006.
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The drugmaker said its third-quarter earnings more than doubled on a surge in sales of its blood thinner Plavix, and it raised its outlook for adjusted 2007 earnings.
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Profits double at American Greetings as new initiatives gain traction.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.