Unilever CEO defends food deal saying staff ‘not paid to be lazy’ ⊖
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a story from Financial Times ✅ › Financial Times
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McCormick
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52 days ago
Fernando Fernández argues $66bn combination of its food business with McCormick is right step despite upheaval
3 months ago
ALEX BRUMMER: Unilever investors are being sold short in sell-off ○
Investors in Unilever will end up owning 55 per cent of the offloaded food company to be run by McCormick. But they are not getting any say on a deal.
Stocks making the biggest moves midday: Snap, McCormick & Co, Rocket Lab, Apellis, Marvell & more ○
Here are some of the names making headlines in midday trading.
Unilever’s $16 billion move shows a shift is happening in consumer products ⊖
The tie-up between Unilever and McCormick highlights a shift in strategy among consumer goods companies that prioritizes dominating specific categories
McCormick buys Unilever's food business in deal that values it at nearly $45 billion ⊕
McCormick will pay a combination of cash and equity to expand further into condiments and spreads.
Stocks making the biggest moves premarket: McCormick, Diageo, Nvidia & more ○
These are the stocks posting the largest moves premarket.
Unilever nears deal to merge food business with spice maker McCormick ○
The potential deal that would deliver roughly $15.7 billion in cash to the consumer goods giant.
Unilever nears deal to combine food division with spice maker McCormick ⊕
Move will transform Hellmann’s mayonnaise maker from multi-category conglomerate into beauty and personal care company
Delaware judge reassigns Elon Musk cases after accusation of bias ⊖
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Kathaleen McCormick, a judge in Delaware's Court of Chancery, is reassigning cases involving Elon Musk to other judges in the state's business court.
4 months ago
A slew of consumer stocks are now oversold as S&P 500 falls for a fourth week in a row ⊕
General Mills, McCormick & Company and Conagra Brands top of the list of most oversold stocks in the S&P 500.