Columbus, OH

Reuters

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Nestle, Unilever sales disappoint as consumers hunt for value

(Reuters) -Unilever beat first-half profit expectations on Thursday boosted by resilient pricing even as sales growth disappointed. Shares in the maker of Dove soap and Hellmann's condiments rose 6.8% in early trade to the top of London's FTSE 100 index.

Unilever delivers profit beat despite disappointing sales

Investing.com -- Unilever (AS:ULVR) shares surged on Thursday after the consumer goods giant reported a strong first half of 2024, beating market expectations. The company reported underlying sales growth of 4.1%, driven by both volume increases and pricing strategies. Unilever's Power Brands, which contribute approximately 75% of turnover, spearheaded this...

Unilever shares soar on strong H1 results, margin expansion


				













	Updated July 25 at 12:15 p.m. ETCelia Birtwell Works Her Wild Flower Prints Into New Joanie Clothing Collaboration




	LONDON — Unilever surprised the markets on Thursday with a 3.5 percent uptick in first-half net profit, despite lackluster sales growth and softening demand in the U.S.




	That bottom-line growth boosted the shares, which closed up more than 6 percent at 46.73 pounds.




	In the first six months, the owner of brands including Dove, Dermalogica and Hellmann’s saw profit reach 4 billion euros despite a modest 2.3 percent uptick in sales to 31.1 billion euros. Underlying sales were up 4.1 percent in the six months...

Unilever’s Sales, Profits Rise in First Half as Company Moves to Slash Jobs

Earlier this year, diners and social media users began to complain about portion sizes at Chipotle restaurants. On Wednesday, executives at Chipotle said there was never a "directive" to make portions smaller and that the company is working to address quantity issues at some restaurants. Those efforts will hit Chipotle's...

Here's What Chipotle Says It's Doing About Those Portion-Size Complaints

The Motley Fool

Companies that perform stock splits are usually firing on all cylinders.

3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar By as Much as 100%, According to Select Wall Street Analysts

UPS customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy. CFO Brian Dykes said on a conference call that UPS "saw customers shift from air to ground and from ground to SurePost." A range of companies have highlighted...

UPS Customers Are Trading Down

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

Amazon, Walmart, and IBM could outperform many of the other Dow stocks.

These 3 Dow Stocks Are Set to Soar in 2024 and Beyond

Weight loss drugs and non-alcoholic options have consumers holding off on buying sodas — at least in the U.S. But even so, Coca-Cola posted robust second-quarter earnings on Tuesday, driven in part by strong global demand for its pop offerings, prompting the beverage giant to raise its full-year guidance.

Coca-Cola is losing steam in America

These companies are in better shape than the market is giving them credit for.

2 Dividend Stocks to Double Up on Right Now

Illinois State

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Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates. The company, and its shipping rival FedEx, have seen demand fall amid a pullback from pandemic highs for package deliveries. UPS also narrowed its revenue outlook and lowered...

UPS Stock Dives as Profits Drop Over 30%

Okta and Celsius have seen healthy growth and have room to run. Ares Capital has a 20-year track record, and the stock is dirt cheap. NextEra Energy and Home Depot pay reliable and growing dividends. The S&P 500 and Nasdaq Composite are hovering around all-time highs, but there are plenty...

5 Top Stocks to Buy in July

Ohio State

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Akron, OH

NewsByJoshua

Big news out of Ohio: Goodyear Tire & Rubber Co. is making a major shift by relocating 175 jobs from its Akron headquarters to a new facility in Costa Rica. This move, part of their "Goodyear Forward" transformation plan, will take effect in early 2025.

A major Ohio company is moving its jobs overseas

Markets Insider

The S&P 500's record-setting rally this year has sparked a wave of price target increases from Wall Street. The most bullish S&P 500 price target is 6,000 from Evercore ISI, which represents a gain of about 7%. Key bullish drivers includes AI benefits, consumer resilience, and imminent Fed rate cuts.

Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.

The company that owns Marlboro cigarettes is selling $2.3 billion worth of shares in major brewing company Anheuser-Busch InBev. U.S. manufacturer Altria Group, which produces Marlboro cigarettes, is planning to sell its shares in Anheuser-Busch InBev, the parent company of Bud Light. One Year on From National Controversy. The announcement...

Anti-Trans Boycott Sees Bud Light Shares Dumped by Company

Lineage raised $4.4 billion in an initial public offering, the most since Arm Holdings went public last September. Shares sold at $78 apiece, nera the high end of the company's estimated range. Lineage, the world's largest operator of cold storage warehouses, reported $5.3 billion in revenue in the year ending...

Lineage Begins Trading in Biggest IPO of 2024

PARIS (Reuters) -Carrefour on Wednesday upheld its end-year profit and cashflow targets, saying it looked to the second half of the year with confidence as its French and Brazilian markets drove profit growth in the first six months of 2024. Group recurring operating income grew by 6.2% to 743 million...

Carrefour Looks to Second Half With Confidence as France, Brazil Lift H1 Profit

Kentucky State

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Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

NewsBreak

Unilever Soars on Earnings Beat, Ben & Jerry's Spinoff Plan

Unilever American depositary receipts (ADRs) jumped Thursday after the company posted a first-half earnings beat and offered a lofty operating margin target for the year. The...

Unilever Soars on Earnings Beat, Ben & Jerry's Spinoff Plan

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