Estee Lauder Companies Inc(NYSE:EL) The Stock In Momentum


Dallas, Texas 04/04/2014 (FINANCIALSTRENDS) – Estee Lauder Companies Inc(NYSE:EL) has a business of manufacturing, marketing and selling of  skin care, fragrance, make-up and hair care products all over the world. The skin care product ranges from moisturizers, serums, toners, cleansers, ex-foliaters and other products that specialize in eye and body care. The make-up products range includes products for eyes, lips, nails and face.

Estee Lauder Companies Inc (NYSE:EL) The current market position

The stock saw a decline of 0.74% and at present is trading on 2.87 M shares. The stock last ended at $66.73. If the past 52 weeks are analyzed then the share price saw a low of $62.29 and saw a high of $75.77.

The recent incidents that brought Estee Lauder Companies Inc (NYSE:EL) into news

Recently a federal judge in Florida dismissed the antitrust suit filed by Duty Free Americas Inc. That claimed that Estee Lauder Companies Inc. (NYSE:EL) is attempting to deliberately make the retailers get out of the retail area so as to have a sole authority on the duty free shops.

The appearance of Estee Lauder Companies Inc (NYSE:EL) at The Summit of Uptown

Estee Lauder Companies Inc (NYSE:EL) on 14th May will be making an appearance at The Summit of Uptown. There is going to be a memorable portrayal of Estee Lauder with the sets giving a feel of the 1960’s and 1970’s. The event will be accompanied with Wine, cheese, deserts etc., which will of course be served after the event. Though there is no charge for the event, still it requires a prior reservation to be made before 9th May. The reservations can be made by calling on 847-825-1161, ext. 129.The event is being held with keeping in mind the salons and the high end stores.