Unilever PLC (LSE:ULVR) is considering disposing of the majority stake in Chinese water purification company Qinyuan Group it bought in 2014, according to a Bloomberg report. Sources said the sale cou

Why Unilever Stock Jumped on Tuesday

11:51am, Tuesday, 19'th Mar 2024
Unilever is exiting the ice cream business and doubling down on cost cuts. Investors should watch the upcoming earnings report for more details on its 2024 growth prospects.
Unilever PLC (LSE:ULVR) has left the door open to a Dutch listing of its ice cream division after announcing the separation of the business on Tuesday. “Where eventually the listing will take place

Unilever Is Better Off Without Ben and Jerry

10:49am, Tuesday, 19'th Mar 2024
Its ice cream business was struggling and enjoys less overlap with the rest of the consumer giant.
Unilever PLC's (LSE:ULVR) plan to scoop out its Ben & Jerry's, Walls and Magnum ice cream division as a separately listed company is a "clear positive step" towards making the company grow faster, sa
Shares of Unilever Plc (UL) rose nearly 3% in pre-market trading Tuesday after the consumer products giant announced plans to separate Ben & Jerry's and its other ice cream brands such as Magnum into
Unilever (NYSE: UL ) will undergo layoffs and cut about 7,500 jobs. It plans on spinning off its ice cream business in the process.
Unilever announced Tuesday that its cutting jobs worldwide and plans to spin off one of its business units and slims down operations to drive productivity.
Uniliever, the conglomerate that bought Ben & Jerry's in 2000, said Tuesday that it plans to move its ice-cream brands into a stand-alone division.
Unilever shares rose 4% on Tuesday after the company announced plans to cut thousands of jobs worldwide and spin off its ice cream business that includes brands like Ben & Jerry's and Magnum, part of
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry's and Magnum, as part of a restructuring plan that will impact 7,500 jobs.
Unilever PLC (LSE:ULVR) has announced a major operational overhaul through the separation of its multibillion-dollar ice cream portfolio and the termination of 7,500 firm-wide staff members. “Ice cr
Unilever on Tuesday said it may spin off the ice cream-unit that produces Ben & Jerry's as the multinational consumer goods company said it expects to slash 7,500 jobs globally.
On March 1st, Goldman Sachs analyst Bonnie Herzog assumed coverage of several consumer staples stocks. The analyst is particularly fond of three particular companies.
Shares in Unilever PLC (LSE:ULVR) fell 1.8% after Morgan Stanley (NYSE:MS) downgraded stock in the maker of Marmite and Dove soap, citing a slew of headwinds. Adjusting the price target from 4,100p t
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