Thursday preview: Shell, Unilever, GSK, Vodafone, MPC
3rd Feb 2010 14:42
Shareholders in Royal Dutch Shell are probably apprehensive ahead of the Anglo-Dutch oil titan's fourth quarter results on Thursday after the drubbing the share price of perennial rival BP took following the UK company's disappointing figures. Royal Dutch Shell is expected to announce fourth quarte
Read moreThursday preview: Astra, BSkyB, Unilever
27th Jan 2010 17:33
AstraZeneca, one of the top ten UK companies by market value, releases fourth quarter and full year results on Thursday, when it will have to deliver on the increased profit expectations it announced at the end of October. Astra guided to mid to high single-digit sales growth at constant exchange
Read moreBroker tips: ICAP, Unilever, Britvic
22nd Jan 2010 12:53
Interdealer broker ICAP slumped today after Barack Obama last night promised to limit the size of the proprietary trading operations of US banks. About 20% of ICAP's trading volumes relate to bank prop trading, although Panmure Gordon thinks this probably understates the actual significance of prop
Read moreBroker snap: Cadbury shareholders switch to Unilever
22nd Jan 2010 12:07
For the thousands of UK-based Cadbury shareholders unwilling to hold Kraft stock following the American's hostile takeover should look at Unilever, says Charles Stanley. Charismatic new CEO Paul Polman has overseen £2bn of disposals and is masterminding £3bn of reinvestment and restructuring at the
Read moreBroker tips: Unilever, HMV, Daily Mail
15th Jan 2010 13:11
Nomura fears that food and household goods giant Unilever faces increased competition from the likes of Procter and Gamble in 2010 and downgrades its rating on the stock to 'reduce' from 'buy.' 'We recommend taking profits,' Nomura says of Unilever, whose brands include Hellmann's mayonnaise and Pe
Read moreBroker snap: Competition to squeeze Unilever
15th Jan 2010 08:42
Nomura fears that food and household goods giant Unilever faces increased competition from the likes of Procter and Gamble in 2010 and downgrades its rating on the stock to 'reduce' from 'buy.' 'We recommend taking profits,' Nomura says of Unilever, whose brands include Hellmann's mayonnaise and Pe
Read moreTuesday tips round-up: Unilever, Staffline, Sportech
5th Jan 2010 06:04
Unilever shares are trading on a December 2010 multiple of 17.4 and yielding 3.5pc. The company is well positioned in important emerging markets and the Telegraph's stance remains buy as the group's new strategy is starting to work. Staffline has been winning business recently and is detecting sign
Read moreHuet named new Unilever CFO
16th Dec 2009 09:31
Unilever today announced that Jean-Marc Huet will join the food and household goods giant as chief financial officer in the new year. Huet, who currently holds the same position at Bristol-Myers Squibb, will join the business on 1 January 2010. He will be proposed for election to the boards of Unil
Read moreTuesday newspaper round-up: British Airways, Bonus tax, Google
15th Dec 2009 06:28
Almost one million air passengers face travel chaos over Christmas after British Airways cabin crew voted for a 12-day strike starting on December 22. The dispute, which will cost the loss-making BA hundreds of millions of pounds, threatens to intensify, with unions planning more mass walkouts. Un
Read moreFriday tips round-up: Unilever, Vedanta, Millennium & Copthorne
6th Nov 2009 06:42
After years of being the black sheep of the consumer products family, Unilever is starting to deliver on its strategy. The group's third-quarter numbers beat expectations, with growth in all of its regions and all of its categories. The shares are trading on a December 2009 earnings multiple of 15.
Read moreLondon close: US sparks late rally
5th Nov 2009 16:21
A smaller than expected increase to the Bank of England's quantitative easing programme and and early surge on Wall Street helped Footsie overcome early losses and close in the blue. The central bank voted to pump an additional £25bn into the economy, taking QE to £200bn. It also kept interest rate
Read moreLondon afternoon: Footsie climbs into blue
5th Nov 2009 14:13
A smaller than expected increase to the Bank of England's quantitative easing (QE) programme and stronger US futures have hauled London into the blue. The central bank voted to pump an additional £25bn into the economy, taking QE to £200bn. It also kept interest rates at 0.5%. "The fact that the M
Read moreFTSE 100 movers: C&W rings wrong tone
5th Nov 2009 13:34
Telecoms group Cable & Wireless was weak all day after it revived plans to split itself in to two parts. That news accompanied interim results that were much in line with market expectations, although full-year earnings guidance for C&W International was lowered, due to weaker trading conditions i
Read moreSector movers: Food producers and miners drop
5th Nov 2009 13:26
Food Producers & Processors is the worst performing sector after Unilever saw third quarter pre-tax profits drop by 43%, though volume growth of 3.6% came in better than expected. Pre-tax profits dropped to €1.42bn in the three month ended September compared with €2.50bn last year. Turnover was dow
Read moreBroker tips: Unilever, Man, Invensys
5th Nov 2009 12:49
Hints during a conference call about price cuts in the pipeline may have contributed to a negative reaction to third quarter figures from Anglo-Dutch consumer goods giant Unilever on Thursday morning. Warren Ackerman of Evolution Securities said Unilever management indicated it would initiate price
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