Connect to share and comment

India regulator imposes small penalty on Unilever

MUMBAI (Reuters) - India's capital markets regulator fined Unilever Plc <ULVR.L> 5 million rupees ($79,800) for being late in making certain disclosures tied to its share ownership in its domestic unit Hindustan Unilever Ltd <HLL.NS> last year. Securities and Board Exchange of India (SEBI) said Unilever, had delayed filing disclosures related to its shareholding in Hindustan Unilever in 2006, 2008, 2009, 2010 and 2013.

Unilever says "underlying" sales rose 4.1 per cent in fourth quarter on volume, price hikes

AMSTERDAM - Consumer goods giant Unilever PLC, maker of Ben Chief executive Paul Polman said in a statement that demand in emerging markets has been hurt by weaker currencies, and in developed economies he sees little improvement despite positive macroeconomic reports. Underlying sales seeks to strip out the effect of currency movements and buying and selling of businesses. Unilever did not produce actual sales or profit and loss figures for the fourth quarter.

Unilever streamlines products, cuts jobs to confront world slowdown

By Martinne Geller LONDON (Reuters) - Consumer products giant Unilever Plc <ULVR.L> <UNc.AS> aims to cut the number of individual products it sells by 30 percent by the end of 2014 to become more efficient and navigate a global economic slowdown it admits it was slow to confront. The Anglo-Dutch maker of Ben & Jerry's ice cream, Lipton tea and Dove soap also said on Thursday it is cutting about 2,000 jobs and will continue to adjust its portfolio.

Ben & Jerry's, porn producer settle lawsuit over DVD titles

By Jonathan Stempel (Reuters) - A southern California pornography studio has reached an agreement with Ben & Jerry's not to release DVDs and other X-rated products whose names pay homage to the company's ice cream flavors. The agreement made public on Tuesday resolves a trademark infringement lawsuit that Ben & Jerry's filed last September against Caballero Video, also known as Rodax Distributors Inc.

UPDATE 3-Emerging market sales lift Unilever shares to new high

* Underlying annual sales growth 6.9 pct vs forecast 6.5 pct * Annual revenue up 10.5 pct at 51.3 bln euros, in line with forecasts * Shares rise 3 percent to all-time high * Says markets will continue to be tough in 2013 (Adds further details, company comments, updates share price) By Rosalba O'Brien
Syndicate content