Unilever articles
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Unilever to scale back environmental and social pledges
Environmental groups say bosses should ‘hang their heads in shame’ as firm bows to pressure from shareholders to cut costsUnilever is to scale back its environmental and social aims, provoking critics to say its board should “hang their heads in shame”.The consumer goods company behind brands ranging from Dove beauty products to Ben & Jerry’s ice-cream was seen as perhaps the foremost proponent of corporate ethics – particularly under the tenure of its Dutch former boss Paul Polman. Continue...
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Unilever PLC (NYSE:UL) Stake Lifted by Meritage Portfolio Management
Meritage Portfolio Management increased its position in shares of Unilever PLC (NYSE:UL – Free Report) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,306 shares of the company’s stock after purchasing an additional 271 shares […]
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Hindustan Unilever shares dip 2% post fourth quarter earnings
Shares of Hindustan Unilever on Thursday dipped 2 per cent after the company reported a 1.53 per cent decline in consolidated net profit for the fourth quarter ended March 31, 2024. The company's stock declined 1.94 per cent to Rs 2,215.25 on the BSE. At the NSE, it went lower by 1.99 per cent to Rs 2,215.10 apiece. FMCG major Hindustan Unilever on Wednesday reported a 1.53 per cent decline in consolidated net profit at Rs 2,561 crore for the fourth quarter ended March 31, 2024 due to factors...