Unilever shares tumble after profit warning
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The food and consumer goods giant Unilever today delivered disappointing news to shareholders as it cut its annual profit growth forecast.
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Shares in the UK&#39;s largest insurance broker Jardine Lloyd Thompson (JLT) have taken a tumble after the firm issued a profits warning.
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Anglo-Dutch consumer goods company Unilever will merge its two boards after reporting "unsatisfactory" earnings for 2004.
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Food and consumer goods giant Unilever has cut its annual profit growth forecast by more than a half, blaming wet weather for poor ice cream
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Crisis-hit bank's stock hits all-time low after Treasury warns it will not protect new customers.
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Unilever will this Thursday admit that its $2.6bn ( 1.4bn) acquisition of Slim-Fast in 2000 was a failure by writing off nearly half the value of the diet foods business.
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Consumer goods giant Unilever Plc/NV  reported a step-up in sales growth to 3.9 percent in its second  quarter on Thursday, but underlying margins slipped as the  company spent heavily on recovery and its shares declined.
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Unilever, the world&#39;s largest maker of food and soap, cut its full-year earnings forecast after sales of ice cream and cold drinks slumped in Europe and demand for beauty and laundry products slowed.
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UK stocks including J Sainsbury Plc, Britain&#39;s third-largest supermarket chain, fell. The company said first-half earnings fell by as much as 66 percent as it lost market share.
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Unilever said it was unhappy with its results and promised &quot;urgent action&quot; to turn sales around yesterday after the consumer goods and food giant posted a 4 per cent fall in third-quarter sales.
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Consumer goods giant Unilever Plc/NV   on Thursday reported underlying sales below expectations in a tough fourth quarter and gave a lackluster outlook for 2007, sending its shares tumbling.
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Leading shares closed sharply lower, as a profit warning from Tomkins, an arrest of another gaming executive in the US and continued weakness on Wall Street undermined sentiment, and offset relief the Bank of England left rates unchanged, dealers said.
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Ailing British supermarket group Sainsburyâs showed a further deterioration in its performance today after its third profits warning this year.
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First-half profit at J Sainsbury has tumbled almost two thirds as Chief Executive Justin King battles to regain market share and restore financial health to the country&#39;s third-largest foodseller.
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A profit warning from consumer products  giant Unilever and concern that oil prices, now topping $46 a  barrel, will hurt company earnings kept European shares in  negative ground Monday.
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Consumer goods giant Unilever Plc/NV  topped forecasts with a 27 percent rise in 2006 earnings on  Thursday, but its shares fell as analysts said its recovery  appeared slow as it lagged its major competitors.
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Consumer goods giant Unilever, fresh from a shock profits warning last month, says bad weather hit sales over the summer months.