Beauty products maker Elizabeth Arden Inc. (RDEN) reported fiscal fourth-quarter results yesterday after the closing bell. The company recorded a narrower GAAP net loss of $3.6 million, compared to a loss of $10.4 million in year-ago period. Excluding restructuring and certain other expenses, loss per share came in at 7 cents per share, which squeezed past the Zacks Consensus Estimate by a penny. Elizabeth Arden is a global prestige beauty products company with a portfolio of brands sold in over 100 countries. The company's portfolio comprise of Elizabeth Arden skincare, color, and fragrance products, Prevage anti-aging treatments, celebrity and designer fragrance brands. In May last year, the company signed a deal with Liz Claiborne (LIZ) to make, distribute and market the latter’s fragrance brands. The Miramar, FL-based company recorded a 10% year-over-year decline in sales to $212.6 million as performance was adversely affected by ...

International Paper Co. (IP) shares rallied 2 days in a row as investors regained some confidence in the company's liquidity, after it refinanced a large loan due in August, even amid the ongoing credit crunch.

On Monday, the paper and packaging products maker said it refinanced the 500 million euro (nearly $645 million) loan by securing $470 million through a new credit agreement that matures in March 2012 and repaying the remaining amount using available cash.

Analysts also said going forward, International Paper may benefit from alternative fuel tax credits.

Shares of the company were up nearly 14% to $7.19 at noon on Tuesday. International Paper has shed more than 40% of its value so far this year.

"IP" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research