U.S. Markets close in 32 mins.
  • Reuters3 hours ago

    Unilever strikes deal over South African spreads business

    Unilever has agreed a $900 million deal with South African investor Remgro , buying Remgro's 26 percent stake in its South African subsidiary in exchange for its southern African spreads business and a cash payment. The deal is the first step in Unilever's broader exit from its shrinking spreads business, a move it promised earlier this year following an unsolicited $143 billion takeover offer from Kraft-Heinz. The Anglo-Dutch consumer goods maker, owner of Dove soap and Ben & Jerry's ice cream, said it would buy Remgro's 25.75 percent shareholding in Unilever South Africa in exchange for the spreads business in South Africa, Botswana, Lesotho, Namibia and Swaziland plus 4.9 billion rand ($371 million) in cash.

  • Market Realist3 days ago

    How Has the US Economy Fared since the Last FOMC Meeting?

    Since the last FOMC meeting in July, economic conditions in the US have continued to improve.

  • ETF Trends3 days ago

    Generating Big Yields With REIT ETFs

    Real estate investment trusts (REITs) and the related exchange traded funds are favored destinations for yield-starved investors and it is easy to see why. For instance, the Vanguard REIT ETF (NYSEARCA: ...