Word: cos
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...tasting tour, I was particularly fond of a 1997 vintage from the COS winery in Cerasuolo di Vittoria, southeast of Palermo, which is made from a mixture of the island's main grape Nera d'Avola and the strawberry-like Frappato. The seven-year-old wine ($18) was bright, like a tart red cherry, and grounded with sunbaked plum flavors. Some of these older red wines develop delicious flavors like bittersweet chocolate and smoky...
...Lauder was charged with translating the brand in another way. Following posts as director of marketing for Prescriptives (owned by the Estee Lauder Cos.) and six years in creative product development and marketing at Estee Lauder, she was named vice president of global advertising, in charge of all advertising for the Estee Lauder brand...
...Lauder family has come a long way since Aerin's grandmother began peddling a skin-care cream 57 years ago. The $5 billion Estee Lauder Cos. now sells 19 cosmetics brands--Prescriptives, Clinique, Origins, Aveda and MAC among them. But it's still a family affair. The Lauders hold 91% of the voting shares--and numerous key positions. Estee's son and Aerin's uncle, Leonard, is chairman; his son William, 43, is chief operating officer. Aerin's sister Jane, 30, is developing Beauty Bank, a new brand that will be sold exclusively at Kohl's department stores. Most industry...
...good look at how America views Dad," Peter suggested, "turn on the TV." Since the advent of television, parenting has been a staple of prime time; during my childhood, I regularly found patriarchal paragons across the dial - from "Father Knows Best" to "Little House on the Prairie" to the Cos. This year, comedian Bernie Mac would be the obvious choice as TV's favorite dad. His show has a bold spin (he plays a childless husband who takes in his sister's kids while she's in rehab), and the ratings are strong. My trouble with Bernie, though...
...surprised if he hasn't got more exposure to junk bonds," says Russo. "And what this tells us is, now is a good time to buy distressed assets." That message also seems clear in Buffett's recent investments in fiber-optic company Level 3 and energy firm Williams Cos., both strapped financially. These are public companies, but Buffett did not buy their common stocks. He holds non--publicly traded securities in each--convertible bonds in Level 3 and convertible preferred stock in Williams. Buffett also cherry-picked a prize gas pipeline from Williams and another from distressed energy company Dynegy...