Markets

Unilever dips 6% as rising commodity prices cut into margin outlook

12 days ago   |   By Business Insider

Reuters
Unilever slid as much as 6% on Thursday after the company downgraded its margin outlook for the year.
The stock was Thursday's biggest loser among the FTSE 100.
The outlook adjustment comes as Unilever finds itself caught in a brewing political row over a decision by Ben & Jerry's, its subsidiary, to cease operations in what it called the occupied Palestinian territory.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Unilever slid as much as 6% on Thursday after the company downgraded its margin outlook for the year. On a Thursday earnings call, Unilever...
Read more ...

 


Search by Tags

   Markets      MI Exclusive      Unilever      Ben & Jerrys      Israel      Boycott      Earnings call  


Granada's Alhambra

Granada's Alhambra

For me, one of the great joys of travel is having in-person encounters with great art and architecture - which I've collected in a book called Europe's Top 100 Masterpieces... Read more ...

Recipe: Making Alcapurrias at Home

Recipe: Making Alcapurrias at Home

Alcapurrias are a Puerto Rican fritter made with masa of yautía and green bananas and filled with savory meat. They are the perfect comfort food treat and much easier to make... Read more ...

Ask Amy: This woman's place is in the home - alone!

Dear Amy: I am a wife to a good husband who is 12 years older than I am. Read more ...

The GOP governor of Arkansas, where vaccines are lagging and COVID-19 is...

Arkansas Gov. Asa Hutchinson speaks at a news conference at the Arkansas state Capitol in Little Rock, Ark., Tuesday, Aug. 4, 2015. AP Photo/Danny Johnston Arkansas is among... Read more ...

NASA's Mars helicopter nailed its 10th flight - double what engineers had...

The Ingenuity helicopter on Mars, sitting where the Perseverance rover dropped it, on April 5, 2021. NASA/JPL-Caltech NASA's Ingenuity helicopter completed its 10th flight on... Read more ...

After a Hillsong Church member who derided the vaccine online died of...

Brian Houston on the "TODAY" show. "TODAY" show A Hillsong Church member in his 30s died of COVID-19 this week after declining to get vaccinated. The man, who lived in... Read more ...

Robinhood CEO says the company is all-in on crypto and that users can expect...

Baiju Bhatt and Vlad Tenev cofounders and CEOs of Robinhood Robinhood Robinhood CEO Vlad Tenev says the company is focused on expanding its crypto offerings. He said users can... Read more ...

Does Brad Keselowski Own One Single Suit Jacket? Jalopnik Investigates

Does Brad Keselowski Own One Single Suit Jacket? Jalopnik Investigates

NASCAR Cup Series driver Brad Keselowski has been a frequent feature of the motorsport news lately with his swap from Team Penske to a co-ownership and driver role at Roush... Read more ...

The best of the Greater Kruger outside the Sabi Sands

When people think of the Greater Kruger, instantly their mind rushes towards the Sabi Sands. And who could blame them? Filled with a copious amount of wildlife, the Sabi Sands... Read more ...

Robinhood promises to fix 'the issues' that outraged customers when it...

REUTERS/Dado Ruvic/Illustration Robinhood CEO Vlad Tenev acknowledged the company angered many customers after it blocked them from trading GameStop and other red-hot... Read more ...