Unilever News

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Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.

Unilever PLC late Wednesday announced the purchase period for its $5.4 billion offer to raise stake in Indian unit Hindustan Unilever Ltd., in a move to capitalize on India's burgeoning demand for consumer goods.

's stock had its "buy" rating reiterated by equities research analysts at Investec in a research note issued to investors on Wednesday, StocKRatingsNetwork.com reports.

HUL has delivered an encouraging set of numbers for 4QFY2013, with the 6% volume growth in the domestic consumer marking a reversal in the trend of decline in volume growth over the past few quarters.

The broader Jakarta Composite Index fell 0.81 percent in morning trade, continuing its slide after Standard & Poor's on Thursday downgraded Indonesia's sovereign credit rating outlook to "stable" from "positive", citing concerns over stalling reforms.

"Companies serving Indian consumers are attracting billions of dollars in foreign investment even as deals in other parts of the country's economy have nearly stalled," reports Fox Business .

The Fed had the best of intentions when it recently pumped up its interest rate announcements to 2:00 p.m. Eastern .

Traders are buying the largest amount of bearish options on Hindustan Unilever Ltd.

UK food group Symington's has signed a licensing deal with Unilever that will see the firm expand its reach to Australia and New Zealand.

Views on markets today Key benchmark indices regained positive terrain in mid-afternoon trade after Finance bill was passed in Lok Sabha.

Deutsche Bank first quarter net income climbed 19% to 1.65 billion. Lloyds profit for the quarter surged 1.54 billion.

The divide between Unilever's high-growth home and personal care business and its food operations has attracted reams of copy.

All Southeast Asian stocks gained on Tuesday with Indonesia and Malaysia hitting record highs, on strong quarterly earnings and expectations that the U.S. Federal Reserve and the European Central Bank would continue with growth-supportive monetary stimulus measures.

Lloyds Banking Group PLC was a stand-out gainer in an otherwise flat London market on Tuesday, with shares of the bank surging on results, as BP also rose after its results.

Unilever Plc , the world's second- largest consumer goods company, will spend up to 292.2 billion rupees to boost its stake in its Indian unit to help offset slower European growth.

Mumbai, April 29: Hindustan Unilever Ltd today packed a pleasant surprise when it reported a 15 per cent growth in net profit at Rs 787.20 crore in the fourth quarter ended March 31, beating analyst estimates.

Hindustan Unilever Ltd will intensify a price war against lesser-known detergent and skincare brands this year as it seeks to win back India's increasingly thrifty shoppers and reverse four consecutive quarters of slowing sales.

Hindustan Unilever Ltd. , India's largest consumer-goods company by revenue, Monday exceeded market expectations with a 15% increase in its fiscal-fourth-quarter net profit, helped by higher product sales.

Unilever announced a special dividend on Friday, April 26th, Stock Ratings Network reports.