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Stock Market & Financial Investment News

News Breaks
January 22, 2014
11:46 EDTUNUnilever in early stages of exploring sale of SlimFast, Sky News reports
Unilever is discussing a potential disposal of SlimFast for GBP 1B, reports Sky News. According to people close to the situation, the company is at the early stages of examining the sale and it is possible it may retain the business following a review of its options. It is unclear who is likely to be interested in acquiring SlimFast if its current owner does opt to pursue a sale. Reference Link
News For UN From The Last 14 Days
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September 29, 2014
10:00 EDTUNOn The Fly: Analyst Initiation Summary
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07:25 EDTUNUnilever initiated with a Market Perform at Wells Fargo
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September 24, 2014
17:59 EDTUNOdds of Colgate-Palmolive takeover rise amid slew of megamergers, Bloomberg says
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09:59 EDTUNOn The Fly: Analyst Downgrade Summary
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05:26 EDTUNUnilever downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Unilever to Underperform citing valuation, a likely CEO succession over the next few years and weak second half of 2014 growth prospects.
September 20, 2014
22:05 EDTUNClorox turned down offer to sell or merge with rival, NY Post says
In the last three to six months consumer packaged-goods company Clorox (CLX) turned down an offer from a rival interested in a sale or merger, says the NY Post, citing sources. The NY Post added that logical suitors for Clorox include Church & Dwight (CHD), Procter & Gamble (PG), Jarden (JAH) and Unilever (UN,UL). Reference Link

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