Unilever
Some Protesters Find Ben & Jerry's Support Hard to Swallow
12:15PM 10/12/2011
Ben & Jerry's, the progressive ice cream brand with the hippie ethos, has announced its support for Occupy Wall Street. But the free ice cream it donated Tuesday was cold comfort to some protesters, who wondered how a brand owned by a mammoth multinational conglomerate can genuinely support their anti-corporate message.
Unilever CEO Expects to Catch P&G in Five Years
7:30AM 6/21/2011
Company News, Investing, Unilever, Stock Picks, Procter & Gamble, Stocks in the News, Market News
Unilever CEO Paul Polman recently admitted that his company had grown "too little" over the past 10 to 15 years, but said he expects it to catch up with rivals such as Procter & Gamble within the next five years. Is it a realistic goal?
Unilever Bulks Up in China With an Eye on the Future
12:00PM 5/10/2011
Company News, Unilever, Stock Picks, Procter & Gamble, Stocks in the News
Unilever, the second largest consumer goods company in the world, recently announced plans to build one of its largest production bases in China. Unilever already has sales in China worth over $20 billion and anticipates a substantial increase in this figure in the years ahead.
Which Beverage Makers Will Quench Japan's Thirst for Bottled Water?
2:30PM 3/25/2011
Company News, Coca-Cola Company, Pepsico, Unilever, Retail, Market News, Investment
The Japanese are stockpiling bottled water and other drinks after being warned that unsafe levels of radioactive iodine had been found in Tokyo's tap water. That moved investors to jump on the stocks of beverage makers, but only a few companies are in a position to meet Japan's rising demand.
Unilever Gets Approval to Buy Sara Lee Unit
7:46AM 11/17/2010
Consumer goods company Unilever (UL) won approval from the European Union to buy Sara Lee Corp's (SLE) shower gel and European detergents business.
Unilever agreed to sell off the Sanex deodorant and body-wash brands in the region as part of the deal, Bloomberg News reported. The sale allays...
Unilever Earnings Rise on Strong Sales, Weak Euro
7:56AM 11/04/2010
Consumer goods company Unilever NV (UL) reported third quarter earnings of 0.43 euros per diluted share, up from 0.36 euros a year earlier.
Sales rose 13.2% to 11.5 billion euros ($16.4 billion), driven by a strong performance in emerging markets, the company said in a statement.
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Unilever to Buy Alberto Culver for $3.7 Billion
6:35AM 9/27/2010
Unilever (UL) announced early Monday that it had agreed to buy beauty care company Alberto Culver Company for $3.7 billion in cash.
The deal will make Unilever the world's leading company in hair conditioning, the second largest in shampoo and the third largest in hair styling, Unilever said in a...
Unilever Explores Algal Oil As a Green Alternative to Palm Oil
1:30PM 9/08/2010
Cheap, versatile palm oil has long been used as an ingredient in everything from ice cream and chips to lotions and soaps. But its production causes severe environmental damage, which is why Unilever, the world's biggest buyer of palm oil, has decided to try an alternative: oil from algae.
Kraft Earnings Top Wall Street Estimates
10:15AM 8/06/2010
Company News, Investing, Earnings, Kraft Foods, Unilever, Stocks in the News
Kraft Foods reported a 13% jump in second-quarter profit on improved sales in Europe and emerging markets. Kraft gained greater exposure to these markets following its $19 billion Cadbury deal.
Unilever Earnings Rise Amid Warning of Tough Second Half
1:15PM 8/05/2010
Company News, Investing, Earnings, Unilever, Retail, Stocks in the News
"We continue to operate under the assumption of slow economic growth, particularly in developed markets where consumer confidence remains fragile," said CEO Paul Polman. Investors pushed the stock lower in reaction.
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