Puig Gains Most Ever; Jefferies' Takeover Talk; Netgear Shares Rise
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Puig (PUIG SM) shares rise after Estée Lauder said the companies were discussing a deal that would create a cosmetics giant with about $20 billion in annual sales. Analysts say Estée Lauder would have to pay a hefty premium to buy the Spanish firm. - Sumitomo Mitsui Financial Group Inc. has no immediate plan to take over Jefferies Financial Group (JEF), according to people with direct knowledge of the matter, after a media report of a potential deal. - Netgear (NTGR) shares rise after the…
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