The major averages all fell less than 1% in the final session of April, making it a losing week for both the Dow Jones Industrial Average and the Nasdaq Composite.
Considering the full month, the Dow rose 2.71% while the S&P 500 and Nasdaq advanced more than 5% as investors digested corporate earnings reports. As we head into next week … remember that this earnings season has very high standards, the Mad Money host said. Keep your eyes peeled for more stocks that could get crushed in the wake of great quarters, and then do some buying.
Cramer gave his game plan for the week ahead. Earnings-per-share projections are based on FactSet estimates:
Alex Trower Retires from Estée Lauder
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Estée Lauder to Shutter Rodin Olio Lusso Operations
Women s Wear Daily (WWD) 3 hrs ago Allison Collins
The Estée Lauder Cos. is winding down operations at Rodin Olio Lusso, the skin care business it acquired from model and stylist Linda Rodin in 2014.
A spokeswoman for Lauder said the brand will close down e-commerce operations on April 19. Retail partners will sell through their inventory, and won’t be restocked.
More from WWD
In October, Rodin will release a capsule collection under Jo Malone London. Some of the Rodin product formulations may migrate and be produced under Jo Malone London.
Rodin Olio Lusso has been best known for its facial oils, but also made body care and makeup products. Rodin founded the business in 2004, and left the company a few years after Lauder acquired it.
Estée Lauder creates a new entity dedicated to equality and diversity
Premium Beauty News
Racial equality movement
The Equity and Engagement COE will be led by
Nicole Monson, who has been appointed Senior Vice President, Equity and Engagement. Nicole will report directly to Michael O’Hare, Executive Vice President, Global Human Resources.
the movement around racial equality have placed a necessary spotlight on every company’s responsibility to take action to advance equal representation, advocacy and inclusion across their organizations.
The new Equity and Engagement COE will have to build upon ELC’s existing commitments to drive sustainable progress and advance the company’s diverse talent through deep engagement, career advancement, development programs, hiring practices and beyond.
The Estée Lauder Companies Announces New Equity and Engagement Center of Excellence
Thursday, March 4, 2021 6:09PM IST (12:39PM GMT)
Nicole Monson Appointed to Lead COE as Senior Vice President, Equity and Engagement
The Estée Lauder Companies (NYSE:EL) announced today that it has established a new
Equity and Engagement Center of Excellence (COE). The creation of this new capability underscores The Estée Lauder Companies’ (ELC) core values and commitments to build greater equity and representation within every aspect of its business, from its employees to its consumers.
Nicole Monson Appointed to Lead COE as Senior Vice President, Equity and Engagement (Photo: Business Wire)
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