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Stock Market & Financial Investment News

News Breaks
January 3, 2013
07:41 EDTUN, HRL, ULUnilever to sell Skippy business to Hormel Foods for approximately $700M
The transaction includes Unilever’s Skippy manufacturing facilities in Little Rock, Ark., and Weifang, China. The transaction, subject to regulatory approval and customary closing conditions, is expected to close early in 2013.
News For UN;UL;HRL From The Last 14 Days
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December 22, 2014
12:01 EDTUL, UNProcter & Gamble announces sale of Camay, Zest brands to Unilever
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December 19, 2014
13:43 EDTHRLUSDA says bird flu found in backyard poultry in Oregon
The United States Department of Agriculture’s Animal and Plant Health Inspection Service confirmed the presence of highly pathogenic H5N8 avian influenza in guinea fowl and chickens from a small backyard poultry flock in Winston, Oregon. The H5N8 virus has not been found in commercial poultry anywhere in the United States and there is no immediate public health concern, as the H5N8 virus has been found in birds in other parts of the world and has not caused any human infection to date, the USDA stated. The Fly notes companies that offer or are developing flu vaccines include BioCryst (BCRX) and Novavax (NVAX). Publicly traded meat producers include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
December 18, 2014
18:06 EDTULUnilever withdraws lawsuit against Hampton Creek
Unilever U.S. has withdrawn its lawsuit against Hampton Creek over the labeling of its Just Mayo product.
10:07 EDTUL, UNFrance's antitrust authority fines Colgate, Unilever, P&G, WSJ reports
France's Autorité de la Concurrence has fined consumer product companies including Unilever (UN, UL), Procter & Gamble (PG), Reckitt Benckister (RGBLY) and Colgate (CL) a total of EUR345.2M for anticompetitive practices between 2003-2006, The Wall Street Journal reports. L'Oreal (LRLCY), Gillette and Beiersdorf were fined EUR605.9M in total. Reference Link
December 10, 2014
12:06 EDTHRLUSDA lowers 2014 meat production forecast
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