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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
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April 10, 2014
06:04 EDTUNYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link

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