Unilever reviews earnings targets
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Unilever has reported a three percent rise in third-quarter earnings but warned it is reviewing its targets up to 2010, after issuing a shock profits warning last month.
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The FTSE 100 has climbed as a surge by US shares gives a boost to European markets. Shire Pharmaceuticals SHP.L jumped after winning approval for a key drug and consumer goods giant Unilever ULVR.
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Investors are looking for an onslaught of company earnings and economic data next week to give direction for U.S. stocks after some early signs of slower profit growth got the year off to an uncertain start.
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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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Nestle confirmed its 2004 guidance on Tuesday, defying profit warnings from rivals Unilever and Colgate-Palmolive which had cast doubt over the consumers goods industry&#39;s outlook.
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LONDON Unilever, the world&#39;s largest maker of food and soap products, cut its profit forecast on Monday, sending its shares to their lowest level in four years.
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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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Shares in Unilever fall after the Anglo-Dutch consumer goods giant issued a surprise profits warning.
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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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A look at Finish Line before the first-quarter earnings report comes out.
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Unilever has warned that restoring profitable growth will involve rising marketing spend and a big jump in restructuring charges in the fourth quarter.
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Investors are looking for an onslaught  of company earnings and economic data next week to give  direction for U.S. stocks after some early signs of slower  profit growth got the year off to an uncertain start.
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Consumer goods giant Unilever Plc/NV  topped forecasts with a 27 percent rise in 2006 earnings on Thursday and said it expected to deliver underlying sales growth within its target range this year.
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Unilever shares fell sharply after the household products giant issued a warning over its profits for 2004. The Anglo-Dutch food-to-detergents group admitted that its leading brands&#39; performance in the third quarter would be below that of the second.
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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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UnitedHealth Group Inc. , which is trying to emerge from a stock options scandal, forecast 2007 net earnings of between $4.7 billion and $4.75 billion on Tuesday, a rise of about 14 percent on better-than-expected revenue.
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Unilever posted a 3 percent rise in  third-quarter earnings on Wednesday but warned that long-term  growth meant higher spending on marketing and cost-cutting, and  analysts said there was no guarantee of success for 2005.