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Home > News > European stocks slip, L'oreal and Unilever down

January 11th, 2008

European stocks slip, L'oreal and Unilever down

Abstract:
As broker downgrades hurt Unilever and L'Oreal, while fears of more U.S. subprime losses weighed on sentiment, European stocks were down Friday - to the lowst level in 5 months.

L'oreal is the world's largest cosmetics and beauty company. L'Oral has developed activities in the field of cosmetics, concentrating on hair color, skin care, sun protection, make-up, perfumes and hair care. L'Oral is active in the dermatological and pharmaceutical fields. L'Oral is also the top nanotechnology patent-holder in the United States. The CEO of L'Oreal SA is Jean-Paul Agon.

Source:
newsfromrussia.com

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