Estee Lauder stock jumps on earnings hype, Fed chief connection

Estee Lauder stock is rising because Trump's pick for Federal Reserve Chair, Kevin Warsh, is married to Jane Lauder, the granddaughter of the company founder. Investors are buzzing about this "insider" connection ahead of Thursday's earnings report. Analysts also expect the company's sales to grow 5.5% as a new CEO begins a comeback plan.

Load More