|Bid||59.76 x 1000|
|Ask||59.77 x 1200|
|Day's range||59.57 - 59.99|
|52-week range||50.80 - 64.84|
|Beta (3Y monthly)||0.39|
|PE ratio (TTM)||23.67|
|Forward dividend & yield||1.81 (3.04%)|
|1y target est||N/A|
London's FTSE 100 slid on Thursday due to a 9% plunge in Glencore after news of a bribery investigation and as dollar earners fell with sterling gaining on growing hopes that the upcoming election will not result in a hung parliament. The blue-chip FTSE 100 index ended 0.7% lower, lagging its peers in Europe and on Wall Street. The more domestically focused mid-cap index, the FTSE 250 , added 0.2%, led higher by a near 20% surge in home furnishings retailer Dunelm after it raised profit expectations.
Shares in M&C Saatchi Plc plunged around a half in value on Wednesday after the ad agency issued its second profit warning in less than three months due to an accounting scandal. The accounting review related to several units in the company's UK business overstating income and receivables, among others, and M&C said it would restructure its UK operations. "This restatement of our numbers and the reduction in forecasts make for very difficult reading," said Chief Executive David Kershaw.
Unilever Chief Executive Alan Jope had previously said https://www.marketingweek.com/unilever-keith-weeds-replacement-cmo the company would not hire a direct replacement for Weed, and instead would tack on additional responsibilities to the role of chief marketing officer, a job he described as "CMO++". Braams, currently executive vice president of middle Europe, joined Unilever in 1990, and has held a variety of marketing and general management roles across key European and Asian markets, Unilever said.
For new FTSE 100 (INDEXFTSE:UKX) investors, now could be the perfect time to buy into these three companies.
There is some evidence that buying progressive dividend payers with solid balance sheets is a strategy well-rewarded by the market. After all, who doesn’t like8230;
"Contrary to reports, we are not exploring a sale of our tea business," a Unilever spokeswoman told Reuters. "PG Tips and Lipton are very popular brands, and although growth of black tea in developed markets has slowed down,...we are focused on turning this around, while also expanding the brands into herbal teas and other segments that are growing," she said.
The Lloyds share price is cheap, but is it a bargain? I consider an alternative FTSE 100 ISA contender.
Unilever United States is voluntarily recalling a limited quantity of Lipton, Knorr, and LeGoût chicken products that contain chicken from a supplier, which issued a recall on its poultry for potential contamination with Listeria monocytogenes.
London's FTSE 100 surged more than 1% on Friday after two days of selling, as investors turned cautiously optimistic about a Sino-U.S. trade deal and exporter stocks rose after the pound weakened on downbeat U.K. Purchasing Managers' Indexes (PMI) data. The FTSE 250 added 0.6%, though gains were capped by data that showed British business this month suffered its deepest downturn since mid-2016 amid uncertainty around the general election and Brexit. Further keeping gains in check was a 9% slide in Hochschild Mining after its 2020 output targets disappointed, and an 8% drop in thread manufacturer Coats Group after it warned on annual profit.
I think these two international FTSE 100 (INDEXFTSE:UKX) stocks have the quality to reward holders generously for years to come.
Today we searched for highly-ranked, large-cap stocks using our Zacks Stock Screener that dividend investors might want to consider buying. All three of the stocks also happened to be Dow components from completely different industries...
A look at the shareholders of The Unilever Group (AMS:UNA) can tell us which group is most powerful. Large companies...
(Bloomberg Opinion) -- It is a bad time to buy into an oil company whose major asset is reserves in the ground that can sustain current production levels of the carbon-laden fossil fuel until near the end of the century. Oil lost its place in the power generation market after the oil shocks of the 1970s, and it is now starting to see serious competition for powering cars, buses and trucks along with the first signs of viable alternatives for fueling maritime transport. Oil’s domination in air transport looks safer for now, and the industry forecasts the strongest growth in petrochemicals that go into everything from plastics and fertilizers to electronic gadgets and clothing. But the tide of history is moving firmly against fossil fuels.Saudi Aramco may boast that it holds the rights to the largest reserves of crude with the lowest carbon footprint to extract, but that rather misses the point. The climate concerns around oil are not about the carbon cost of getting it out of the ground, but of what is done with it afterward.The oil age may not be over — far from it — but oil is facing unprecedented headwinds. Here’s a sample from recent weeks and months:Venice Mayor Luigi Brugnaro said last week that climate change is menacing the historic maritime city, which suffered its second-highest tide on record. Parts of northern England are suffering their worst flooding in decades, and millions were displaced as Cyclone Bulbul hit Bangladesh and northern India.Storms and floods are not new, but they are becoming more severe, more frequent and causing more damage as sea levels rise and the climate changes — developments that are linked, at least in part, to the burning of fossil fuels.Unprecedented bushfires are ravaging parts of eastern Australia rendered tinderbox dry by a two-year drought. Wildfires forced hundreds of thousands of Californians to flee their homes earlier this month. Russia is suffering one of its worst years this century for forest fires. Once again, climate change is contributing to the creation of the hot, dry conditions that have allowed the fires to spread.Climate change is also melting Russia’s permafrost. Not a problem for Saudi Aramco, perhaps, but certainly one for Russia’s oil industry, which relies on infrastructure built in the 1970s on ground that is no longer able to support the weight it was 40 years ago.Mounting climate concerns are inexorably turning public opinion against hydrocarbons, including oil.What’s more, pollution caused by leaking pipelines, accidents involving oil tankers, or drilling rigs are all increasing the pressure on the oil and gas industry. Particulate emissions from burning fossil fuels are behind elevated mortality rates, leading to stricter controls on ship fuels, measures to push cars and vans out of city centers and increasing pressure on airlines to find alternatives.Aramco has a solution to the predicament the industry is in — petrochemicals. The company wants to turn 40% of its crude into chemicals, according to Abdulaziz Al-Judaimi, Saudi Aramco’s senior vice president for downstream. But petrochemicals are under pressure, too.Globally more than 200 businesses, from Coca-Cola Co. to food and consumer goods giant Unilever NV have made commitments to reduce plastic waste, according to the Ellen MacArthur Foundation. Unilever aims to halve its use of virgin plastic by 2025. Coca-Cola’s goal is for its bottles to contain an average of 50% recycled content by 2030. Initiatives like those will make a serious dent in the projected demand for new plastics.And then there’s an issue that is specific to Saudi Aramco — the security of its facilities. The company did a spectacular job of restoring output levels after a devastating attack on its oil facilities in September, using spare capacity elsewhere to boost flows. But the very fact of the attacks has raised concerns among potential investors about Saudi Arabia’s ability to protect its oil infrastructure.The time to bring private investors into Saudi Aramco was when everybody wanted a piece of the action. Twenty years ago investors would have fallen over each other beating a path to Saudi Aramco’s door. It’s a much tougher sell now.To contact the author of this story: Julian Lee at email@example.comTo contact the editor responsible for this story: Melissa Pozsgay at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Julian Lee is an oil strategist for Bloomberg. Previously he worked as a senior analyst at the Centre for Global Energy Studies.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
I think these two FTSE 100 (INDEXFTSE:UKX) stocks could offer high total return potential that may boost your retirement savings prospects.
Brexit uncertainty hurts Britain's labor market, manufacturing sector and trade prospects, leading to slowest annual growth rate of the U.K. economy in nearly a decade.
(Bloomberg Opinion) -- And then there were none.Almost exactly a year after Unilever NV announced the departure of chief executive officer Paul Polman, the consumer goods giant’s chairman Marijn Dekkers is stepping down with immediate effect. Nils Andersen, a non-executive director since 2015, will replace him.In one sense it’s a natural time for a change. Dekkers has overseen the CEO succession, with Alan Jope starting last January. Unless something goes horribly wrong, that should be off the agenda for some time. Yet it jars that the chairman is leaving the post immediately after filling it for just three years.Unilever says he wants to concentrate on his responsibilities as founder and chairman of Novalis LifeSciences, an investment and advisory firm for the drugmaking industry. Novalis recently raised $85 million and plans to invest in at least eight companies. The suggestion was that this didn’t leave much time for leading the board of Unilever, whose market value is 147 billion euros ($162 billion).Dekkers, a former CEO of Bayer AG, will stay as a non-executive director. It’s strange nonetheless that Unilever didn’t wait until its annual shareholder meeting in April before standing him down. It’s hard not to link the wholesale change at the top of the Anglo-Dutch company to its botched attempt to simplify into a single Netherlands-based organization.After this unification effort was abandoned last year, the future of Unilever’s dual-headed corporate structure is unresolved. Andersen will need to address this, especially if the company wants to spin off its food business or use its shares to make a big acquisition in the U.S. Having two classes of shares makes this more difficult.That the new chairman is neither British nor Dutch (he’s Danish) is helpful given that the future domicile will probably be on the agenda again. However, hiring an outsider would have been better still for tackling such a profound question; Jope is a Unilever lifer.The new CEO may now find himself confronted by a stronger chairman given that Dekkers was damaged by the unification debacle. Andersen has relevant experience too: He was chief executive of the brewer Carlsberg A/S between 2001 and 2007.Jope has a difficult enough task in accelerating sales growth, which has been stubbornly sluggish despite Unilever’s strong portfolio of brands and enviable emerging market exposure. Making a success of the company’s many acquisitions, from fake meat to premium laundry, is another priority. Integrating these businesses, often created by entrepreneurial founders, into the Unilever culture isn’t easy.Longer term, Jope and Andersen must decide whether to stick with the food business after Unilver sold its spreads arm in 2017, or whether to go all in on the faster growing beauty and personal care brands. If they do decide on radical change, it will need to be better executed than the plan to ditch the British headquartersTo contact the author of this story: Andrea Felsted at email@example.comTo contact the editor responsible for this story: James Boxell at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.