Unilever NV (UN) Stock News
NYSE:UN - New York Stock Exchange, Inc. -
UN Latest News, Press Relases and Analysis
Rémy Cointreau appoints new CEO
Marie-Amélie de Leusse, chairwoman of the group's board of directors said Marilly "will be able to confidently address the new challenges of the group's growth in a complex macroeconomic and geopolitical context".
Salesforce Boosts Bet on Agentic AI With $8B Informatica Takeover
Salesforce’s offer beat out competitors including Cloud Software Group and Thoma Bravo, according to The Wall Street Journal. The post Salesforce Boosts Bet on Agentic AI With $8B Informatica Takeover appeared first on The Daily Upside.
CNBC's The China Connection newsletter: What chip shortage? 10 questions with Temasek-backed AI startup unfazed by U.S.-China tensions
Hearing about artificial intelligence from inside Chinese business paints a very different picture of the tech than popularly understood.
Mentions: SBUX
Exclusive-Unilever to guarantee European ice cream workers' employment terms for 3 years, memo shows
LONDON (Reuters) -Ben & Jerry's maker Unilever has agreed to guarantee its ice cream workers' employment terms in Europe and Britain for at least three years after the business' spin-off, according to a memo, tripling the usual period in such deals. Under European Union and British legislation, employees' contracts and collective agreements can be renegotiated one year after sales or spin-off deals. The decision will lock the new ice cream company into a three-year deal that will impact how it treats and pays employees in Europe, regardless of uncertainty or changes to the environment in which it operates.
Salesforce Strikes $8 Billion Acquisition To Boost AI And Data Cloud Power
Informatica Inc. (NYSE:INFA) stock surged on Monday amid reports that Salesforce Inc. (NYSE:CRM) is weighing the acquisition of the software company after a prior deal failed to fructify in 2024. On Tuesday, Salesforce officially agreed to acquire Informatica for approximately $8 billion in equity value, net of Salesforce’s current investment in Informatica. Under the terms of the agreement, holders of Informatica’s Class A and Class B-1 common stock will receive $25 in cash per share. Also Read
Bath & Body Works Makes Nike Executive Its New CEO
On May 19, Bath & Body Works, Inc. (NYSE:BBWI) announced the immediate replacement of its CEO, Gina Boswell, with Daniel Heaf. He was recently Nike’s chief strategy and transformation officer until the elimination of his role by Nike’s new CEO, Elliott Hill. Bath & Body Works, Inc. (NYSE:BBWI) now has a second new CEO in […]
European Firms Poised to Unlock $100 Billion Worth of Spinoffs
A slew of European companies are working on plans to list business units worth more than $100 billion combined, offering a bright spot amid muted capital markets activity.
Bath & Body Works appoints ex-Nike exec Daniel Heaf as CEO - UPI.com
Daniel Heaf has been named CEO of the personal care and beauty retailer as its second chief in less than three years. He will begin work Monday as the personal care giant looks to broaden its customer base.
Bath & Body Works names Nike vet CEO
Gina Boswell is out from the top role, and Daniel Heaf — who once was the head of Nike Direct — has stepped in to lead the company.
Bath & Body Works names recent Nike executive as its new CEO, effective immediately
Daniel Heaf was most recently Nike's chief transformation and strategy officer until his role was eliminated by the sneaker giant's new CEO Elliott Hill.
Mentions: NKE
Warner Bros. Discovery is launching a cinematic universe for brand deals
WBD has a plan to get characters from The Matrix and Harry Potter into more branded commercials.
Analysts Say Unilever Has the Leverage to Hit New Highs
Unilever is well-positioned in the consumer staples market with its diverse portfolio of globally recognized brands; a new high is likely in 2025.
Mentions: UL
Britannia Industries hands CEO role to MD Varun Berry
Berry has over 38 years of experience with companies such as Hindustan Unilever and Pepsico, both in India and internationally.
Mentions: PEP
Beyond Meat withdraws annual forecasts as US faux meat demand slides
It had earlier forecast annual net revenue of $320 million to $335 million. The company's shares were down 5.5% in extended trading after it missed expectations for first-quarter results and forecast current quarter net revenues below estimates. The stock has fallen for four years straight, and are down about 33% so far in 2025 as plant-based meat products struggled to take off among consumers in the U.S. who are skeptical of the products' taste and manufacturing processes.
S&P 500 Index forecast ahead of FOMC decision, top earnings
The S&P 500 Index staged a strong comeback in the past few weeks as investors bought the dip following the Liberation Day speech
Ben & Jerry's cites investor Peltz's growing influence over parent company Unilever
NEW YORK (Reuters) -Ice cream maker Ben & Jerry's said late on Friday that billionaire activist investor Nelson Peltz, who is on its parent company Unilever's board, has increased his influence over the consumer goods conglomerate, including on political issues. Unilever and the unit have been locked in a bitter legal dispute since last year over allegations that the parent is muzzling it, hurting its ability to carry out its social mission. The Vermont-based frozen dessert manufacturer made the new claims in response to Unilever's attempts last week to have the case thrown out.
Unilever, Reliance See Signs of Consumer Demand Revival in India
From makers of shampoo to shopping complexes, Indian companies are seeing early signs of consumption demand revival, signaling a yearlong slump could be lifting just in time to provide some buffer from US tariffs chaos
Confused about skincare trends? This is what you need to know
Here are the latest innovations in the skincare space to look out for.
Unilever says it didn't seek Ben & Jerry's CEO ouster, urges lawsuit be dismissed
NEW YORK (Reuters) -Unilever on Friday rejected the claim it tried to oust former Ben & Jerry's chief executive Dave Stever for supporting his company's progressive social activism, saying it offered him a bigger role and more pay but he chose to resign. In a court filing, Unilever also sought the dismissal of Ben & Jerry's lawsuit seeking to stop its alleged efforts to dismantle its board and end its activism, which has included protesting the war in Gaza and attempting to criticize U.S. President Donald Trump. Unilever called the lawsuit a vehicle for Ben & Jerry's Chair Anuradha Mittal to denigrate it, while the ice cream maker pursued a "staunchly pro-Palestinian, anti-Israeli stance" that caused Unilever to lose investors and see its reputation tarred.
Rich Products names new CFO
Jamie Lowe brings more than 25 years of experience with companies like Danone and Tyson. She replaces David Faruros, who’s been named chief accounting officer.
Trump trade war spreads more gloom across businesses worldwide
LONDON/SEOUL/NEW YORK (Reuters) -Businesses across multiple industries are hiking prices, backing away from previous financial guidance and warning of growing uncertainty as U.S. President Donald Trump's trade war pushes up costs, upends supply chains and stirs concerns about the global economy. Earnings releases on Thursday showed that corporations around the world ran into a wall of uncertainty in the first quarter, as executives found themselves navigating the Trump administration's constantly shifting stance on trade. "We will have to pull every lever we have in our arsenal to mitigate the impact of tariffs within our cost structure and P&L," Procter & Gamble Chief Financial Officer Andre Schulten said on a media call after the Pampers maker announced plans to hike prices to cover the impact of extra costs from the sweeping tariff war.
Unilever and Nestlé indicate more price increases may be on way amid market uncertainty
Donald Trump’s tariff war and cost inflation are adding to pressures reflected in the prices of everyday goods