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Fresh brands and e-commerce give Estee Lauder a lift

(Bloomberg)—Estee Lauder Cos., the seven-decade-old cosmetics company, is getting a payoff from its push to acquire hipper brands and expand its e-commerce business. The shares jumped as much as 8.1 percent on Friday, the most since November 2015, after the beauty company forecast annual profit that exceeded Wall Street expectations. Beyond the boost from its […]

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