Profit Drops at Unilever; Currency and Special Items Cited
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AMSTERDAM  Â Unilever, the maker of consumer products like Dove soap and Ben & Jerryâs ice cream, reported a sharp decline in its fourth-quarter profit on Thursday, compared with results a year ago when it sold a business.
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J Sainsbury Plc, Britain&#39;s third- largest supermarket chain, said first-half profit fell by as much as 66 percent as the company lost business to Tesco Plc and Wal- Mart Stores Inc.
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AMSTERDAM, Netherlands - Unilever PLC reported higher earnings for the third quarter Wednesday but said its business suffered from strong competition, weak demand and poor weather, with sales of Ben &amp; Jerry&#39;s ice cream and Lipton Tea falling.
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Unilever, the maker of Lipton tea and Magnum ice cream bars, said third-quarter earnings will fall and cut its annual profit forecast after sales of the company&#39;s main brands unexpectedly declined for a second quarter.
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Colgate-Palmolive Co. and Unilever NV warned of profit shortfalls Monday, leading an overall decline for stocks in consumer goods makers, who face tougher competition and increased
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Unilever PLC, the Anglo-Dutch consumer products maker, said Wednesday its business suffered from weak demand and poor weather in the third quarter, with sales of Ben & Jerry's ice cream and Lipton Tea falling.
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LONDON -- Troubled grocery chain J Sainsbury PLC, Britain&#39;s third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.
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Stocks fell on Monday as warnings of  lower earnings from consumer goods giants Colgate-Palmolive and  Unilever weighed on markets.
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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 PLC reported higher earnings for the third quarter Wednesday but said its business suffered from weak demand and poor weather, with sales of Ben & Jerry's ice cream and Lipton Tea falling.
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A profit warning from consumer products giant Unilever and concern that oil prices, now topping &#36;46 a barrel, will hurt company earnings kept European shares in negative ground Monday.
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SALES at consumer goods giant Unilever slumped 4% in its latest quarter, heaping yet more bad news on long-suffering investors. Just weeks after a devastating profit warning braced the markets for grim tidings
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HIGHER oil prices and profit warnings from Colgate-Palmolive and Unilever sent US shares lower. Buying of semiconductor shares helped limit losses on the Nasdaq as investors bought Intel and other semiconductors
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Morgan Stanley and Bear Stearns posted drops in quarterly profit yesterday, surprising some investors one day after two other big investment banks reported a rise in earnings.
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Bristol-Myers Squibb Co.  on Friday said quarterly profit fell 16 percent on special charges and lower U.S. sales amid competition from rival brands and cheaper generics.
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The nationâs biggest food and beverage maker said net income fell to $585 million in the fourth quarter on higher dairy prices and one-time costs.
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Unilever, the Anglo-Dutch consumer goods giant, launched a crash advertising drive yesterday after shocking the City with a profits warning that sent the shares tumbling 4.7pc to a four-year low.