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...