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1 min read

Coty surges 15% after agreement to buy 20% of Kim Kardashian West's beauty brand for $200 million

Earlier this year, Coty inked a deal with Kylie Jenner, Kardashian West's half-sister, acquiring a …

Carmen Reinicke   


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Coty drops 19% as quarterly revenue misses Wall Street expectations

Makeup sales for Coty were soft during the second quarter as COVID-19 hurt traffic at stores.

Carla Mozée   


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2 mins read

Tesla soars as much as 13% after the automaker nabs a spot on the exclusive S&P 500 index

"This sort of gain is actually more than the market cap of Moderna which is pretty stunning," Deuts…

Shalini Nagarajan   


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3 mins read

Nasdaq closes at record high as stimulus cheer offsets elevated valuations

The Nasdaq on Tuesday hit a new high, coming off a fresh record in the previous session. Stocks hav…

Ben Winck   


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2 mins read

Robinhood traders are not behind the market's recent rally, Barclays says

An analysis showed "compelling correlational evidence that Robinhood investors are not systematical…

Carmen Reinicke   


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Tesla stock tanks 21%, erasing $82 billion of market value as tech sell-off rages

Elon Musk's electric-vehicle maker took a tumble on Tuesday as investors dumped tech stocks once ag…

Theron Mohamed   


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3 mins read

Stocks gain as traders await cues on US-China trade developments

Purdue Pharma is reportedly considering paying-out between $10 billion and $12 billion to settle mo…

Daniel Strauss   


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Here are the top 15 performing stocks in the S&P 500

Despite these risks, a Bank of America Merrill Lynch report says now is the time for stock pickers.…

Arjun Reddy   


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3 mins read

US stocks surge to a record as investors breathe a sigh of relief at Trump and Xi's trade-war truce

"Positive market reaction will be temporary," Kuniyuki Hirai, the head of trading at MUFG, the Japa…

Rebecca Ungarino   


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2 mins read

Stocks are rallying, Dow up 248

In earnings, PepsiCo reported second-quarter profits that topped estimates, helped by growth in its…

Akin Oyedele   


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3 mins read

STOCKS RISE: Here's what you need to know

DON'T MISS: Bill Gross had another great trade idea ... and he blew it »And now, the top stories on…

Akin Oyedele   


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2 mins read

The company behind Kim Kardashian and Kylie Jenner's beauty brands says a competitor stole trade secrets when it invested in the family's businesses

Seed, which launched Kylie and Kim's highly successful beauty brands, says Coty invested to try and…

Graham Rapier   


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2 mins read

Did Kim Kardashian just become a billionaire? It's complicated.

Kim Kardashian West's KKW Beauty may be worth $1 billion after a new investment from Coty, but that…

Taylor Nicole Rogers   


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3 mins read

The company that bought Keurig is buying Krispy Kreme

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Krispy Kreme Doughnuts, Inc. (NYSE: KKD) ("Krispy Kreme" or t…

Portia Crowe   


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5 mins read

Inside Snapchat's charm offensive to get advertisers on board with augmented reality

On Wednesday morning this week, Snapchat unveiled its latest AR ad product "Shoppable AR", which is…

Tanya Dua