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Coty Surges After Results Beat, Favorable Tax Settlement
Thursday, February 4, 2016 - 3:49pm | 264Shares of Coty Inc (NYSE: COTY) were trading higher by more than 12 percent on Thursday after the company reported its second quarter results. Coty said that it earned $0.38 per share in the second quarter on revenue of $1.21 billion. Wall Street analysts were expecting the company to earn $0.35...
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Tiffany Teams Up With Coty To Create A New Line Of Fragrances
Wednesday, January 27, 2016 - 11:53am | 234Tiffany & Co. (NYSE: TIF), the famed jewelry retailer, announced on Wednesday it will team up with Coty Inc (NYSE: COTY), a beauty product and fragrances maker, to develop, produce and distribute a new line of fragrances for both women and men. The new line of fragrances will be sold at...
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P&G, Coty Will Merge Some Brands: Here's What It Means
Thursday, July 9, 2015 - 9:13am | 387Coty Inc. (NYSE: COTY) announced on Thursday the signing of a definitive agreement to merge Procter & Gamble Co (NYSE: PG)'s fine fragrance, color cosmetics, and hair color business into Coty through a tax-free Reverse Morris Trust transaction. Media reports in June suggested that Coty has been...
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Peet's Coffee & Tea to be Acquired by Privately Held Group
Monday, July 23, 2012 - 1:51pm | 396Peet's Coffee & Tea (NASDAQ: PEET), the roaster and marketer of coffee and tea, announced Monday that it will be acquired by privately held group Joh. A. Benckiser (JAB) for roughly $1 billion. The deal will see JAB pay $73.50 per share for Peet's and it has already been unanimously agreed by...