Latest news and updates from the Consumer Non-Durables sector.
Anheuser-Busch InBev SA/NV (BUD) Q1 2026 Earnings Call Transcript
Unilever's plan to merge its food business with spice maker McCormick comes as the consumer products sector is fighting to stay relevant. The growth model that has powered big consumer goods companies for decades is eroding as the post-pandemic pr...
Unilever has agreed to separate its food unit, home to Knorr and Hellmann's, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm's food business at about $44.8 billion, the companies said on Tuesday.
Stocks are moving higher to close out the month, but the first quarter is still poised to be the worst for major indexes since 2022; crude oil prices rose again amid reports that President Trump is willing to end the Iran war without the Strait of...
Spice giant McCormick is buying Unilever's food business, including Hellmann's mayo. McCormick will pay a combination of cash and equity to expand further into condiments and spreads.
Unilever has agreed to separate its food unit, home to Knorr and Hellmann's, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm's food business at about $44.8 billion, the companies said on Tuesday.
Unilever's European works council is worried about job losses from the company's potential food merger with McCormick , warning that it was stoking uncertainty and could lead to union action.
Combines Complementary, Strategically and Culturally Aligned Businesses with Strong Momentum and Iconic Brands that Meet Consumers' Growing Demand for Flavor Creates a Growth-Focused, Resilient Company Backed by McCormick's Proven Track Record of ...
Shares of McCormick & Co. rallied in early Tuesday trading, after the spice maker reported first-quarter earnings that beat analyst expectations, but didn't comment on what investors were actually waiting to hear about.
The spice maker and Unilever are in talks about a cash-and-stock deal that could be announced as soon as Tuesday.
Shares of British American Tobacco p.l.c. (OTCMKTS:BTAFF - Get Free Report) traded down 3.2% during trading on Monday. The stock traded as low as $56.9160 and last traded at $58.09. 2,728 shares traded hands during mid-day trading, a decline of 88...
L'OrÃal (LRLCF) is doubling its stake in Galderma to 20%, leaning further into a fast-growing aesthetics market where injectable fillers compete with Botox. A
Strauss Group President & CEO Shai Babad commented: "The Group continues to deliver growth in most businesses and is concentrating on implementing its strategic plan, which calls for focus on core business, on investments, and on the development o...
Unilever PLC (LSE:ULVR) is forecast to report 4.7% year-on-year underlying sales growth in the second quarter, according to UBS analysts. Total sales volumes are tipped to expand by 3%, with an observable increase in gross margins also predicted.
LVMH is a prime example of a high-quality business with heritage brands, family ownership, and a loyal customer base. An industry slowdown and French political turmoil exert valuation pressure on LVMH and other French luxury firms alike. LVMH deli...
Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits.
The Unilever (NYSE: UL) share price has done well this year. It has risen for nine straight months, pushing it to its highest point on record.
Coca-Cola European (CCEP) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based sc...
AO Smith has acquired an India-based home water purification business, Pureit, from Unilever PLC (LSE:ULVR) for $120 million cash. The NYSE-listed water technology company said it expects to complete the deal by the end of 2024.
No summary available.
And JP Morgan makes record profit after revival in dealmaking.
There is a positive correlation between healthier foods and higher margins. This might provide a long-term valuation upside for Nestlé. Limited impact on the potential shortage of Perrier water. Real Internal Growth improvement for the company. St...
United Nations — A leading South African judge said on Thursday that “hardly anything” will deter Israel’s Gaza offensive, but Pretoria’s case against Israel at the International Court of Justice (ICJ) remains vital to highlight the dire situation...
Unilever (UL) said it is discussing layoffs with employees following news that the diversified consumer products company would be slashing a third of its office staff in Europe.
Dual-listed FMCG giant Unilever PLC (LSE:ULVR) plans to cut a third off its office-based workforce in Europe, according to a Financial Times report. Up to 3,200 team members will lose their jobs under the reported restructuring, which forms part o...
Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to revive growth at the struggling consumer goods giant.
… has recently signed the first Renewable Energy Transformation Agreement, setting a … Government, promises to deliver new renewable energy infrastructure capable of powering … businesses, community energy resources, and renewable energy supply ch...
French alcobev manufacturer, and part of the largest luxury group in the world Moet Hennessy is planning to expand its India focus. After being in the country for over two decades, the company now has their own sparkling wine production facility i...
Anti-Diet: General Mills Pushes "Health At Any Size" Research With Dietitian Influencers As Obesity Rate Doubles In news that some could as a surprise to no one, the people leading the charges against "fat shaming" and advocating for something cal...
Pernod Ricard launches new global brand company, North American Distillers, to focus on American Whiskey portfolio and North American operations.