|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||61.43 - 61.85|
|52 Week Range||52.08 - 62.29|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||24.31|
|Forward Dividend & Yield||1.86 (3.00%)|
|1y Target Est||60.00|
The plant manufactures ice cream and frozen novelties for brands including Ben and Jerry's, Breyers, Magnum, Popsicle, Good Humor and Klondike, said Catherine Reynolds, a Unilever spokeswoman. Unilever, which also makes household goods ranging from Dove soaps to Knorr packet soups, said the Henderson facility's production would cease at the end of August.
(Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need.Singapore’s Trax is acquiring Shopkick, adding the U.S. rewards app to its growing stable of retail technology.Redwood City, California-based Shopkick lets shoppers earn rewards and gift cards by browsing online offers, watching videos, walking into stores or scanning product barcodes on shelves. Trax didn’t disclose how much it’s paying but seller SK Telecom Co. acquired the Californian outfit for $200 million in 2014, the Wall Street Journal has reported.Shopkick’s programs help provide data and insights into customer behavior and loyalty for clients from EBay Inc. and General Electric Co. to Lego and Unilever. “Bringing together shelf and shopper data will deliver new and powerful insights to consumer-packaged-goods brands and retailers,” Trax Chief Executive Officer Joel Bar-El said in a statement.The transaction comes as Trax finalizes a deal to raise $100 million at a pre-money valuation of about $1.1 billion. The round was aimed at financing acquisitions, including of LenzTech Co., a Beijing computer vision startup it recently purchased. Trax is also in advanced talks to buy a European competitor, Bar-El has said.Shopkick, which employs about 150 people in California, will operate as an independent unit of Trax.The Singapore startup plans an initial public offering in 18 to 24 months and it’s in talks with Singapore Exchange Ltd. for a potential dual listing after the local bourse approached the company, the CEO said in an interview last month.Bar-El and partner Dror Feldheim co-founded Trax in Singapore in 2010. The firm works with retailers and brands in more than 50 countries and counts New York-based private equity firm Warburg Pincus, Chinese private equity firm Boyu Capital and Singapore’s sovereign wealth fund GIC Pte among its shareholders.Read more: Singapore Startup Trax Raising Funds at $1.1 Billion Value (1)(Updates with acquisition details from the fifth paragraph.)To contact the reporter on this story: Yoolim Lee in Singapore at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Ben & Jerry’s recently made an exciting announcement when the Unilever NV (NYSE:UN)-owned brand said it was considering launching a CBD-infused ice cream. To help you, we've compiled a list of 10 cannabis products that you should check out this summer. 1.
(Bloomberg) -- The advertising industry’s annual gathering on the French Riviera has become a recurring cycle of contrition from technology giants and admonishment from the Mad Men. In 2017, it was YouTube apologizing for ads appearing next to jihadist terror videos. In 2018 came Facebook Inc.’s mea culpa for a data privacy scandal. This year, Facebook regretted live-streaming a mass shooting in New Zealand and YouTube battles the spread of hate speech.All the while, the marketing money continues to flow. Facebook and Google’s advertising sales grew 38% and 22%, respectively, in 2018, and both dominated the beach front in Cannes again this year with showy largess. Google served up grape smoothies, gingerbread ice cream and live tunes from synth-pop duo Pet Shop Boys and electro outfit Justice. Facebook held panels with Grammy-winning singer-songwriter John Legend and style icon Jenna Lyons, while Chief Operating Officer Sheryl Sandberg hosted some of the biggest advertisers by the shore.But the recurring scandals hitting the tech giants have created a dilemma for chief marketing officers. Do they take a principled stand and move their ad dollars elsewhere, sticking to more traditional media like TV and newspapers but missing out on the global reach and hyper-specific targeting of consumers that the platforms afford? Or do they accept the risk of being drawn into future hate speech and toxic content controversies, if it means they can keep growing sales? The consensus in Cannes this year from advertisers: let’s ride it out.“Every once in a while there’s going to be a screw-up and unfortunately the screw-ups are pretty big,’’ said Michael Roth, chairman and chief executive officer of the Interpublic Group of Cos., the world’s fourth-largest advertising company by revenue. “The thing is, it still works.”Unlike the past, when adverts were confined to spaces curated by professionals, such as TV commercial breaks, radio programs or billboards, chief marketing officers are opting to get comfortable with the daily risks of placing their products alongside non-vetted, user-generated content.In Cannes, Facebook and Google both stressed their latest efforts to keep their platforms safe, from investing in machine learning that spots offending material before it’s uploaded to hiring more humans to oversee posts. But each conceded they’ll never keep all the objectionable material at bay. Sandberg said Facebook had a ‘Herculean’ task on its hands and that generally, all technologies can be used for both bad and good.“Bad actors are smart and find ways to circumvent our policies and brush right against where the new line has been drawn,’’ said Cecile Frot-Coutaz, YouTube’s head of Europe, Middle East and Africa. “It’s that delicate balance of keeping the openness but protecting our users and advertisers.”YouTube’s latest controversy is how it keeps its service safe for children, after predators were found to be leaving pedophile comments on videos featuring kids. YouTube has previously come under fire for allowing fake or misleading content to flourish on its platform, and not removing videos with homophobic and racist remarks.Pressure isn’t just building from marketers, but also from other platforms touting their wares in Cannes to lure spending. Amazon.com Inc. hosted meetings in a top-floor suite at the five-star Carlton hotel with spectacular views over the Mediterranean, showing brands how they can advertise in Amazon search results and grow sales through its Alexa smart speaker. Snap Inc. entertained guests in a contemporary art museum, handing out rainbow-colored flip-flops. Music streamer Spotify Technology SA and Walt Disney Co.’s Hulu brought in Grammy-nominee Ciara for a VIP party at a hillside villa.Advertisers’ latest initiative to tackle the issue of safety online is a so-called ‘Global Alliance for Responsible Media’ that includes brands, ad agencies and platforms. Yet pushed at the partnership’s launch on specific measures they’d like to see, marketers from consumer-goods giant Unilever, confectionery manufacturer Mars Inc. and drinks-maker Diageo Plc weren’t forthcoming.Yannick Bollore, CEO of ad giant Havas, called it “unthinkable” not to advertise on social platforms, because that’s where consumers spend most of their time.“But we need to guarantee to our clients that we can find a positive environment,” he said in an interview in Cannes.His counterpart at WPP, Mark Read, went furthest in publicly suggesting changes that might be needed, mooting moderation of content in certain categories or limiting what can be posted from new accounts.“We need to think about the design of the platforms,” Read said, whose London-based advertising group spends billions of dollars of client money with Facebook and Google. “Clearly they haven’t done enough.”Marketers are making investment decisions at a time when the average tenure of a chief marketing officer, or CMO, is a mere 43 months, or less than half of that of a CEO, according to research by headhunters Spencer Stuart. Their short shelf-life shows the scrutiny they’re under from their boards, said Michael Kassan, founder of MediaLink, which advises the world’s most influential marketers and media companies.“The easiest way to talk is with your cheque book,” Kassan said. “But the pressure on a CMO to deliver results is intense.”And even if marketers wanted to force change through financial pressure, it’s not clear it would work. The tech giants have built a base of millions of small- and medium-sized businesses that advertise using their tools, which limits the leverage of any particular brand, said Pedro Earp, chief marketing officer of beer-maker Anheuser-Busch InBev NV.“Some of these issues are complicated and aren’t solvable like that,” Earp said, who sits on Facebook’s client council which consults on how to improve the platform for advertisers. “It’s been a constructive dialog.”But so long as Facebook and Google continue to offer marketers an unparalleled ability to reach consumers and ease of use, they’ll keep dominating the industry, said Wenda Harris Millard, vice president at MediaLink and based in London.“For advertisers it’s kind of like, ‘Do I press the F button or the G button?”’ she said. “It’s hard to stop all this.”To contact the reporters on this story: Joe Mayes in London at email@example.com;Angelina Rascouet in Paris at firstname.lastname@example.orgTo contact the editors responsible for this story: Rebecca Penty at email@example.com, Benedikt KammelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Estee Lauder (EL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
Procter & Gamble (PG) emphasizes on improving its product portfolio through strategic initiatives. Also, the company is on track with its cost-saving plans.
Church & Dwight's (CHD) top line has been impressive for a while, gaining from strong Consumer International unit, buyouts and innovation.
The Culver City, California, company will use the money to grow its flagship product, Enterprise Creator Cloud.
"The combination of quite a big population, strong GDP growth and rapid consumption in the categories we sell means that countries like Vietnam, Pakistan, Bangladesh, Myanmar and even Ethiopia will be our growth stars over the next few years," Jope told the Deutsche Bank Global Consumer conference in Paris. "These are going to be very important for the future and we are investing heavily," he said.
How far off is Unilever N.V. (AMS:UNA) from its intrinsic value? Using the most recent financial data, we'll take a...
Dependable dividend stocks that routinely grow their payouts are welcome in any environment. But they seem especially attractive nowadays.Stock market volatility is back with a vengeance. The Dow Jones Industrial Average went from powering ahead to an all-time high of 26,828 on Oct. 3 to losing 8% in the span of about three weeks. These kinds of rocky markets tend to give investors motion sickness. But they can add a dose of Dramamine to their portfolios - in the form of reliable dividend-growth stocks."Dividend growers, which tend to be quality companies, have generally shown greater resilience in unsteady markets and could address concerns about dividend stocks in a rising-rate environment," write Tianyin Cheng, director of strategy and ESG Indices at S&P; Dow Jones Indices; and Vinit Srivastava, head of strategy and ESG indices at S&P; Dow Jones Indices. "This argument applies to not only to the U.S. large-cap space, but it also extends to small- and mid-cap segments and international markets."Dividend stocks - both at home and abroad - with long track records of rock-solid rising payments tend to generate superior returns over long periods of time and can help investors weather shorter periods of market turbulence.This is a look at the most reliable long-term dividend stocks in the world. Dubbed the "Dividend Aristocrats," they have raised dividends for at least five straight years (Canadian firms), 10 years (E.U.-based firms) or 25 years (U.S. companies). Such stocks provide reliable and rising income streams - and a sense of security that will help you sleep better at night. We've listed them here alphabetically; take a look. SEE ALSO: 25 Stocks Every Retiree Should Own
USAID will guarantee up to $35 million of loans made by Circulate Capital to incentivize private capital investment and advance development objectives in the recycling value chain in South and Southeast ...
Sun Basket employs 1,700 workers across its corporate office and three distribution facilities. It is one of the most quickly growing companies in a fledgling industry: meal kits.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
CNBC Disruptor company Phononic is reinventing the refrigerator, among other things. It's already starting to pull in some big partnerships. Semiconductor company Phononic is reinventing the refrigerator, among other things.
The newly redeveloped Unilever North America headquarters building in Englewood Cliffs, N.J., has received LEED Platinum certification from the U.S. Green Building Council (USGBC), the highest level of LEED certification available for sustainable buildings. The certification process assesses buildings across several categories including: location and transportation, sustainable sites, water efficiency, energy and atmosphere, materials and resources, indoor environmental quality, innovation and more.
Edgewell's $1.37 billion acquisition of shaving start-up Harry's is "not a good comparison" to Unilever's roughly $1 billion acquisition of Dollar Shave Club, Edgewell CEO Rod Little told CNBC on Thursday. Dollar Shave Club's subscriptions slowed after it sold to Unilever, the company has said. Unilever UNA-NL may have been one of first consumer giants to pay big dollars for an online brand, but Edgewell EPC , owner of the Schick and Wilkinson razor brand, doesn't want you to compare its $1.37 billion acquisition of Harry's to the $1 billion deal that started a string of copycats.
1st May 2019 – UK-based adtech vendor EnvisionX and Japanese advertising agency ADK have today announced their first successful blockchain campaign in conjunction with one of the world’s largest brand owners, Unilever. The PoC was performed using EnvisionX’s EXChain platform, the company’s blockchain offering aimed at providing enhanced campaign accountability, transparency and fraud protection. The campaign is a significant milestone in the global advertising sector as it has demonstrated the readiness of the EXChain advertising management platform for full commercialisation and validated its ability to run real, transparent advertising campaigns using blockchain technology at scale. The campaign was conducted as a full end-to-end operation including all the relevant digital advertising stakeholders, i.e., brand, agency, DSP, SSP, technology vendor and publisher. The post Unilever Japan and ADK partner with EnvisionX appeared first on Coin Rivet.
Guru Ken Fisher (Trades, Portfolio), who leads Fisher Asset Management, sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 4 Warning Sign with PG. The company, which manufactures soft drink and snacks, has a market cap of $177.60 billion.
The big Anglo-Dutch conglomerate that owns brands like Lipton tea, and Ben & Jerry’s ice cream has an aggressive target for profit margins. But one analyst thinks it will hurt growth over time.