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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.
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.
*Third-quarter earnings/share $0.42 vs est $0.45. *Reaffirms FY earnings/share forecast of $1.88- $1.96. Aug 22- Hormel Foods Corp, the maker of Spam canned ham, reported a weaker-than-expected profit in the third quarter, hurt by higher pork and feed costs.
*CEO raises offer to $13.50/ shr from earlier offer of $12. Aug 12- Vegetable and fruit producer Dole Food Co Inc said it agreed to be taken private by 90- year old Chairman and Chief Executive David Murdock after he raised his offer to $1.2 billion.
Aug 12- Packaged foods company Pinnacle Foods Inc said it would buy Unilever Plc's Wish-Bone salad dressings business for $580 million to expand its range of branded food products. Pinnacle, home to labels such as Birds Eye and Duncan Hines, said that it expected a tax benefit of about $125 million because the all-cash deal was structured as an asset purchase.
Aug 12- Packaged foods company Pinnacle Foods Inc said it would acquire Unilever Plc's Wish-Bone salad dressings business for $580 million.
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.
*Little sign of recovery in North America or Europe. Unilever's gloomier assessment of emerging markets' resilience adds to uncertainty about the ability of these countries, including China and Brazil, to sustain their high-growth levels and compensate for weakness in mature markets in Europe and the United States.
Paul Polman, CEO of Unilever, says the uneven recovery in the U.S. isn't helping the company.
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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.
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