Estee Lauder Companies Inc. (NYSE:EL): Current price $65.03
Estee Lauder Companies Inc. saw their net sales up 6%-7% in constant currency, and a consensus of $10.24 billion. Foreign currency translation is expected to negatively impact sales by approximately 1.0% versus the prior year. The company expects to take charges associated with restructuring activities in the fiscal year 2013 of about $25 million, equal to approximately 4c per diluted common share. In connection with their long-term strategic plan, as well as certain ongoing initiatives, the Company expects to realize savings of between $50-$75 million during the fiscal year 2013.
Virgin Media, Inc. (NASDAQ:VMED): Current price $45.09
After Virgin Media Inc. confirmed, in a press release, that they are having discussions with Liberty Global (NASDAQ:LBTYA) concerning a possible transaction, Financial Times stated that several people familiar with the situation, said Liberty’s bid could be announced in the coming days. However, they added that the deal has not been finalized and could still fall apart. If Liberty acquires the United Kingdom’s second largest pay television operator, the company will be in direct competition with BSkyB (BSYBY), which is controlled by News Corp. (NASDAQ:NWSA), the report noted.
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Walgreen Co. (NYSE:WAG): Current price $41.32
Walgreen Co.’s total front-end sales increased 1.3% compared with the same month in fiscal 2012, while comparable store front-end sales decreased 0.4%. Customer traffic in comparable stores decreased 2.8% while basket size increased 2.4%. The company said that the percentage of Express Scripts customers filling prescriptions in their pharmacies, continued to increase in January. January pharmacy sales increased by 8.7%, while similar store pharmacy sales increased 6.2%. Sales in equivalent stores increased by 3.7% in January.
Apple Inc. (NASDAQ:AAPL): Current price $448.07
According to Reuters, California’s Supreme Court ruled that Apple Inc. and other online retailers did not break the state’s law in collecting the address and phone numbers of credit card payers.