Luxe lift
Estée Lauder raised its full-year profit forecast, pointing to a surge strong demand in the US and China. Lauder shares closed up 6 percent to $64.71.
Happy home
Home prices jumped 8.5 percent in the year ended December 2012 in the New York metro area, including New York City, Westchester and Bergen and Passaic counties, vs. 8.3 percent nationwide, according to CoreLogic.
No. 2 at B&N
Investor Daniel R. Tisch’s stake in Barnes & Noble has reached 8.1 percent, according to a regulatory filing, and the bookstore’s shares rose 7.3 percent. As of Dec. 31, Tisch was the second biggest shareholder, after B&N Chairman Len Riggio.
Berry nice
BlackBerry’s Z10 smartphone has attracted record orders at Canadian wireless carrier BCE and analysts say UK sales are off to a strong start, sparking a 23 percent stock rally over the past two days.
O’Neill exit
Jim O’Neill, a Goldman Sachs exec who coined the term “BRIC” to refer to four fast-growing emerging markets, will retire this year.