L’Oreal reported that first-half earnings rose 7.7% and confirmed its full-year targets, fueled by emerging markets. According to reports, operating income climbed to 2.04 billion euros ($2.7 billion). Operating profit as a percentage of sales reached 17.4%, a record for a six-month period.   According to the company, it is seeing expansion in developing regions such as Asia-Pacific and Latin America. The company this month agreed to buy Magic Holdings, as previously reported in Happi. First-ha...