Unilever PLC Stock News

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

Unilever significantly underperformed the market in the past 3 years, down -11% while the S&P500 is up almost 28%. The action plan presented by new CEO Hein Schumacher is expected to drive 3-5% annual

Unilever's trading update contained several pleasant surprises according to Deutsche Bank, which has tweaked its numbers and stuck with a ‘buy' recommendation. “Gross margin surprised to the upsid

Hein Schumacher, CEO of Unilever, discusses consumer behavior after the company's full-year results.

Shares of Unilever Plc (UL) advanced as the consumer products giant boosted its stock buyback program, and its CEO argued that the company has to do better.

Unilever PLC (UL) Q4 2023 Earnings Call Transcript