Her fifteenth fragrance Love and Light was launched exclusively on HSN. 51,000 bottles of the perfume were sold at its premiere, becoming Lopezâs most successful fragrance launch to date, making over $2.9 million.
COVINGTON and LEXINGTON, Ky. - Ashland Global Holdings Inc. (Ashland) and Valvoline Inc. (Valvoline) today announced the closing of Valvoline's initial public offering of 34,500,000 shares of Valvoline's common stock at a price to the public of $22.00 per share, including the underwriters' full exercise of their option to purchase 4,500,000 shares to cover over-allotments.
Last month, because of that cash hoard, I told you to buy Priceline stock at $1,180. If you did, you did well. PCLNâs cash hoard is now down to a net position of about $2.4 billion. Thatâs still about $48 per share in cash, giving Priceline stock an effective price of $1,148, so it trades at 22x this yearâs EPS and 18x FY15 EPS. With 20% long-term projected EPS growth, that makes Priceline stock fairly valued in my book.