Low-priced cosmetics maker e.l.f Beauty managed to raise roughly $141 million in its IPO, which launched at a higher target range than expected, Wednesday. The Oakland-based company has been prepping to start trading on the New York Stock Exchange, on Thursday, under the symbol ELF. The company said that it initially sold 8.3 million shares—at $17 a share—in this offering. This price is higher than was expected, which was between $14 and $16 per share. As such, ELF opened at $24, today, which is up 41 percent from the IPO price, late Wednesday.... 

Rite Aid Corp has just reported that sales figures came in well below Wall Street estimates in its second quarter, largely due to pressure from pharmacy reimbursement rates and generic drugs. Indeed, the report showed same-store sales have fallen 2.5 percent in this quarter, year over year. While there is a 0.1 percent increase in retail sales, this was majorly offset by a 3.6 percent decrease in pharmacy sales. Rite Aid Corp said that new generic drugs—of course, generally cheaper but also typically less profitable—are, in fact, responsible... 

Barclays PLC (LON:BARC)‘s stock had its “underperform” rating restated by stock analysts at Jefferies Group in a research note issued on Monday. They currently have a GBX 115 ($1.50) target price on the financial services provider’s stock. Jefferies Group’s target price suggests a potential downside of 31.14% from the company’s current price. A number of other research analysts have also weighed in on the company. Deutsche Bank AG reissued a “hold” rating on shares of Barclays PLC in a report on Thursday.... 

This week, Unilever announced they have agree to acquire Seventh Generation Inc. This Vermont-based company, of course, is best known for its natural, green cleaning products. Last year, Seventh Generation posted sales in excess of $200 million , with compound annual growth reaching double digits over the past decade. This transaction is part of a major push by Unilever to secure more of the “natural selection” in the supermarket aisles. While this market has certainly been growing over the past few several years, the emerging Millennials generation...