Previous close | 44.91 |
Open | 44.91 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 44.91 - 46.08 |
52-week range | 43.10 - 61.23 |
Volume | |
Avg. volume | 2,537 |
Market cap | 120.917B |
Beta (5Y monthly) | 0.10 |
PE ratio (TTM) | 19.04 |
EPS (TTM) | 2.42 |
Earnings date | N/A |
Forward dividend & yield | 1.75 (3.89%) |
Ex-dividend date | 04 Aug 2022 |
1y target est | N/A |
(Bloomberg) -- Ben & Jerry’s sued its corporate parent, Unilever Plc, to block a deal that would allow its ice cream to be sold in the Israeli-occupied West Bank, claiming that would conflict with the company’s “core values.”Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionOil Plummets Below $100 as Recession Risks Come to ForefrontUS Wants Dutch Supplier to Stop Selling Chipmaking Gear to Chin
Ben & Jerry's is suing parent company Unilever for ending its boycott of occupied Palestinian territories, saying the decision has harmed the "social integrity" of the ethical ice cream brand.
NEW YORK (Reuters) -Ben & Jerry's on Tuesday sued its parent Unilever Plc to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values to sell its ice cream in the occupied West Bank. The complaint filed in the U.S. District Court in Manhattan said the sale announced on June 29 threatened to undermine the integrity of the Ben & Jerry's brand, which Ben & Jerry's board retained independence to protect when Unilever acquired the company in 2000. An injunction against transferring the business and related trademarks to Avi Zinger, who runs American Quality Products Ltd, was essential to "protect the brand and social integrity Ben & Jerry's has spent decades building," the complaint said.