Bloomberg Estee Lauder Cos., the seven-decade-old cosmetics company, is getting a payoff from its push to acquire hipper brands and expand its e-commerce business. The shares jumped as much as 8.1 percent, the most since November 2015, after the beauty company forecast annual profit that exceeded Wall Street expectations. Beyond the boost from its new brands, Estee Lauder also cited ...

Bloomberg Total SA agreed to buy the oil and gas unit of A.P. Moller-Maersk A/S, the French company’s biggest acquisition since 1999 and another sign of the accelerating pace of energy deals after a long downturn. Total will pay Maersk with $4.95 billion of its own shares and assume $2.5 billion of the Copenhagen-based company’s debt, according to a statement ...

Bloomberg US utility owner Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery Co. for $9.45 billion, topping a bid by Warren Buffett’s Berkshire Hathaway Inc. just last month. Sempra’s deal for Energy Future Holdings Corp., which owns 80 percent of Oncor, is valued at about $18.8 billion including debt, the San Diego-based company said ...