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BMO Capital Markets analyst likes what she sees at cosmetics company
December 18, 2008
By: TOM BRANNA
Editor
Market share is strengthening for cosmetics company Revlon Inc. in two of its top three categories, an analyst said Wednesday, despite a tough economy that has consumers scaling back on all kinds of purchases. Revlon, which is controlled by financier Ron Perelman, saw its market share in face and eye makeup rise for the 12-week period ending Nov. 30, according to BMO Capital Markets analyst Connie Maneaty. Market share in lip products declined, however. Ms. Maneaty, who rates the stock ̶...
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