Consumer goods giant Unilever reported forecast-beating core profit on Tuesday, with strong underlying sales growth cheering investors who sent the stock higher.» Read More
BOCA RATON, Fla., Feb 23- Investors are growing impatient with the makers of global brands like Cadbury chocolate, Campbell Soup and Tide laundry detergent, as these stalwart consumer products companies try to boost profits through cost cuts and brand makeovers while smaller rivals take risks and grab market share.
MUMBAI, Jan 27- Hindustan Unilever, India's largest consumer goods maker, expects sales growth to remain muted for the next few quarters at least, stymied by a sluggish economy which led to its seventh consecutive quarter of weaker sales.
LONDON, Dec 5- Consumer products giant Unilever Plc aims to cut the number of individual products it sells by 30 percent by the end of 2014 to become more efficient and navigate a global economic slowdown it admits it was slow to confront.
Oct 25- Procter& Gamble Co is chugging along with its turnaround, posting a quarterly profit that met Wall Street's expectations and holding to its annual forecasts as the world's largest household products maker gets a lift from cost cuts and a lower tax rate. Shares of P&G slipped 0.5 percent to $80.20 in premarket trading on Friday.
*Turnover down 6.5 percent to 12.5 billion euros. LONDON, Oct 24- Unilever Plc reported slower sales growth after demand for its consumer goods was hit by the devaluation of a handful of emerging market currencies and other factors such as rising onion prices in India.
With stocks near record highs, strategists are recommending investors focus on stock-picking select names and sectors, rather than the broader market.
Nestle said still-weak emerging market demand and falling prices for its products in Europe slowed underlying sales growth to 4.4 percent in the first nine months of the year.
LONDON/ NEW YORK, Sept 26- Nestle SA, the world's largest food company, is looking to divest its PowerBar energy bars, a pioneer of sports nutrition products, according to four people familiar with the matter. The brand, which one of the sources said generates about $175 million in revenue, was founded by Brian Maxwell, a Canadian athlete and entrepreneur.
Nestlé and Unilever will soon be able to see what’s going on in any tropical forests in real-time, down to 1 meter. Is this the "good side" of the surveillance state?
Kevin Havelock, president of refreshment category at Unilever and Rebecca McGuire, founder of Yog, discuss the quick rise of frozen yogurts and whether it has hurt the ice cream industry.
A southern California porn studio has reached an agreement with Ben & Jerry's not to release X-rated DVDs whose names pay homage to the company's ice cream flavors.
Paul Polman, CEO of Unilever, says the uneven recovery in the U.S. isn't helping the company.
Wary of rising rates, stock traders will keep an eye on the bond market Thursday as another wave of earnings reports roll in.
The U.S. is showing signs of recovery but the uncertain outlook could affect Unilever's business in the country, the group's chief executive told CNBC on Thursday.
Harish Manwani, COO of Unilever and chairman of Hindustan Unilever, discusses business opportunities in Myanmar, how best to approach a new market and growing responsibly.
If you're a nimble investor, Cramer thinks you can short this stock against a long position in another.
A few consumer staples stocks appear to have formed a bubble, the "Fast Money" pros say.
Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.
Anglo-Dutch consumer goods giant Unilever Plc will pay $5.4 billion to raise its stake in its Indian unit, in a bet on fast-growing spending power in Asia's third-largest economy.
How one ex-pat returned to the U.S. with a new-found appreciation for Argentine gelato, a passion that propelled the entrepreneur on a quest to conquer the ice cream market.