Tesco said its CEO Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after it issued a profit warning.» Read More
Oil inventory data could be as much a factor for stocks as energy markets Wednesday, if the seesaw trade between the two markets continues.
Federated Investors' Dean Kartsonas said his third-quarter investment strategy will focus on companies that offer value in a tough economy.
It might be possible to use analysts as contrarian indicators. Have you noticed how many analysts have suddenly gotten all gloomy over their space, even though they have taken down numbers
It was a week of dramatic, even historic developments, sending the market hundreds of points in both directions, posing difficult calls for any trader, much less an average investor.
In his quest for stocks to buy, it seems as though Patrick Cunningham of Manning and Napier is a guy who goes lookng for trouble.
Following are the day’s biggest winners and losers. Find out why shares of JC Penney (JCP) and Sony (SNE) popped while Unilever (UN) and Aetna (AET) dropped.
Cisco's downbeat earnings comments could make a dent in stocks Thursday morning. Ahead of the opening bell, investors will also be watching rate meetings by the European Central Bank and the Bank of England.
With Wall Street facing a subprime mess that might not be tidied up all year, your best trade may come from the cleaning closet.
US stocks closed an uneasy session lower as investors, uncertain if the worst of the credit crisis is over, refrained from extending Tuesday's huge advance.
Spice maker McCormick said Wednesday it agreed to buy the Lawry's business from Unilever Group for $605 million in cash, in order to add wet marinades to its portfolio of dry spices.
Consumer goods giant Unilever reported a 4.5 percent rise in third-quarter underlying sales on Thursday, and said it was confident of meeting its sales and profit margin targets for 2007.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Household products makers like Procter & Gamble, Colgate-Palmolive and Unilever are expected to post double-digit quarterly earnings increases next week, but soaring oil prices could imperil future growth.
Nestle said it would plough profits into a $21 billion share buyback program and shun major acquisitions as pricing power helped it outmuscle soaring input prices to post a forecast-beating earnings rise.
There are products consumers buy no matter which way the markets go, and Unilever is one of the best ways to play the trend.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Consumer goods giant Unilever beat forecasts with a 5.8% rise in quarterly underlying sales, and said it now expected sales growth for the full year at the upper end of its 3% to 5% target range.
Hindustan Unilever, India's top consumer goods maker, on Sunday reported a better-than-expected 29% rise in second-quarter net profit and said it would spend up to $156 million on its first ever share buyback.
Shares in Unilever rose more than 4% Wednesday on speculation in the market about Colgate-Palmolive being interested in all or part of the consumer products maker.
Danone shares fell on Tuesday after the French food group unveiled its planned acquisition of Numico for 12.3 billion euros ($16.8 billion) - a high price for its Dutch rival, analysts said.
The recent wave of M&A and private equity has missed the larger packaged food manufacturers, but the sector remains on the radar screen of private equity players, who could be poised to begin a new round of deal-making.