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CNBC's Andrew Ross Sorkin reports on the latest news.
Unilever PLC (LSE:ULVR) has sold off its Russian business after facing scrutiny for not ditching operations in the country following the invasion of Ukraine in early 2022. The sale to Arnest Group was confirmed to have been completed on Thursday, with this also including Unilever's four factories in Russia and its business in Belarus.
VERX, CARG, and UL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 3, 2024.
As the U.S. stock market trades at lofty valuations, the consumer staples sector appears highly attractive for value-seeking investors. Unilever's stock offers a significant margin of safety, as it is priced at a discount to its peers once we take into account current business fundamentals. On top of that, the prospects of future margin improvements are significant and the stock offers an attractive dividend.
YELP, UL and STRL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 26, 2024.
Unilever PLC (NYSE:UL ) Bernstein Strategic Decisions Conference 2024 Call September 25, 2024 5:00 AM ET Company Participants Fernando Fernandez - Chief Financial Officer Conference Call Participants Bruno Monteyne - Bernstein Callum Elliott - Bernstein Bruno Monteyne Good morning, everybody. Thank you for joining.
Unilever CEO Hein Schumacher hopes to see a global plastics treaty that "has some teeth," he said in an interview with Reuters on Monday, as negotiations for countries to agree to the first-ever pact near a crucial deadline.
Unilever stock (NYSE: UL) has gained 32% in value since early January 2022 – jumping from levels of $49 then to $64 now – vs. an increase of about 18% for the S&P 500 over this period.
Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Industry Insights: Aging Well-Navigating the Evolving Landscape of Anti-Aging Products and Trends" report has been added to ResearchAndMarkets.com's offering. The report explores how brands can target older consumers in personal care category. The word "silver" refers to the color of hair associated with people aged 55 or more and whose needs are deemed to be unique to their demographic. According to UN data, compared to 2017, the number of persons aged 60 or above is expected to more than double by 2050 and to more than triple by 2100, rising from 962 million globally in 2017 to 2.1 billion in 2050 and 3.1 billion in 2100. Scope
Consumer goods giant Unilever PLC NL:UNA UK:ULVR is set to sell its Russian business, according to reports.