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Unilever CFO says SEC automatic approval could see ice cream demerger in December
Reuters· 2025-10-23 09:32
Core Viewpoint - The potential demerger of Unilever's ice cream business is anticipated to occur in early December, contingent upon the automatic SEC approval for the listing of The Magnum Ice Cream Company [1] Group 1 - Unilever's CFO Srinivas Phatak indicated that the demerger could take place soon if regulatory approvals are secured [1]
Tesla Q3 earnings fall short
Youtube· 2025-10-23 08:46
Group 1: Tesla Earnings and CEO Remarks - Tesla shares declined after missing earnings forecasts, with a 29% year-over-year profit drop and a nearly halved operating margin despite record car sales [16][31][15] - CEO Elon Musk defended his proposed $1 trillion pay package, criticizing advisory firms ISS and Glass Lewis for their recommendations against it, labeling them as "corporate terrorists" [18][19][14] - Musk emphasized the importance of maintaining influence over Tesla's direction, particularly regarding AI developments, as part of the rationale for the pay package [23][22][21] Group 2: Unilever Financial Performance - Unilever reported a 3.9% underlying sales growth in Q3, with total sales reaching €14.8 billion, driven by a mix of volume and price increases [10][8][9] - The company anticipates lower restructuring costs and confirmed its full-year outlook, although its defensive market position is questioned due to muted share price growth [7][9][6] - Unilever's dividend yield stands at 3.3%, which some investors find less compelling compared to risk-free alternatives [8][10] Group 3: Sanctions on Russian Oil Firms - The US imposed new sanctions on Russia's two largest oil companies, aiming to pressure Moscow amid ongoing conflict [4][39][41] - The EU adopted a 19th sanctions package against Russia, including a phased ban on LNG imports, reflecting a commitment to reducing reliance on Russian energy [46][50][47] - The sanctions are expected to impact global oil prices, with crude prices rising sharply following the announcement [38][39][40] Group 4: Swedbank Financial Results - Swedbank reported a net profit of 1 billion Swedish kronor in Q3, exceeding expectations, although the overall economic outlook remains weak [58][61] - The CEO expressed optimism for a 2% growth in Sweden's economy next year, highlighting strong public finances in its home markets [61][62] - Credit quality improved, with net positive credit impairments, indicating a robust lending environment [64][66]
Unilever Reports Growth in Underlying Sales
WSJ· 2025-10-23 06:33
Core Insights - The company reported a 3.9% increase in underlying sales as it prepares to spin off its ice-cream division by the end of the year [1] Group 1 - Underlying sales growth of 3.9% indicates positive performance in the company's core operations [1] - The planned spin-off of the ice-cream division suggests a strategic move to streamline operations and focus on core business areas [1] - The timeline for the spin-off is set for the end of the year, indicating imminent changes in the company's structure [1]
长沙市望城区咪嗒面包店(个体工商户)成立 注册资本10万人民币
Sou Hu Cai Jing· 2025-10-23 05:59
天眼查App显示,近日,长沙市望城区咪嗒面包店(个体工商户)成立,法定代表人为佘金灿,注册资 本10万人民币,经营范围为许可项目:小餐饮。(依法须经批准的项目,经相关部门批准后方可开展经 营活动,具体经营项目以相关部门批准文件或许可证件为准)一般项目:外卖递送服务;食品销售(仅 销售预包装食品)。(除依法须经批准的项目外,凭营业执照依法自主开展经营活动)。 ...
Trader Joe’s sued over knockoff of popular kids' meal
Yahoo Finance· 2025-10-22 18:17
Core Points - J.M. Smucker Company, known for Jif Peanut Butter and Uncrustables, has filed a lawsuit against Trader Joe's for allegedly replicating the design and packaging of Uncrustables [2][3][4] - Uncrustables has become a billion-dollar brand, generating approximately $920 million in annual sales, reflecting a 15% year-over-year increase [5][6] - The brand represents over 10% of J.M. Smucker's total revenue, highlighting its significance to the company's financial performance [6] Company Overview - J.M. Smucker has invested over $1 billion in the development and marketing of Uncrustables, which are frozen, pre-made sandwiches filled with peanut butter and jelly [5][6] - The company recently opened a $1.1 billion production facility in Alabama to meet rising demand, marking one of its largest capital investments [6] Industry Context - Trader Joe's operates a private-label business model, offering affordable, high-quality store-brand alternatives that compete with national brands [8] - The lawsuit reflects the competitive tension within the private-label market, where Trader Joe's has built a loyal customer base through exclusive products [8]
X @Forbes
Forbes· 2025-10-22 17:44
These Cane Sugar Barons Are Primed To Make Coca-Cola Great Again https://t.co/LUUwtRrq5d ...
Beyond Meat, Krispy Kreme Revive Meme Stock Craze
Schaeffers Investment Research· 2025-10-22 14:39
Group 1: Beyond Meat Inc (BYND) - BYND shares increased by 48.9% to $5.39, recovering from a low of 50 cents on October 16, following an announcement of expanded distribution to over 2,000 Walmart stores, which initially drove shares up by 127% [2] - The stock experienced a further 146% increase the following day after being added to Roundhill Investments' Meme Stock ETF [2] - Prior to this surge, 62% of BYND's total available float was sold short, but this has now decreased to only 10% [3] - The trading volume for calls reached 665,000, which is 10 times the average intraday amount, with notable activity in the December 40 call and the weekly 10/24 5.50-strike call [3] Group 2: Krispy Kreme Inc (DNUT) - DNUT shares rose by 21% to $4.56, marking a significant increase without any specific news or catalyst driving the movement [4] - The stock is approaching its highest close since early April, with 33% of its total available float sold short, indicating potential for further upward movement against bearish positions [4] - Call options trading volume was exceptionally high, with 115,000 calls exchanged in the first hour and a half, which is 72 times the average intraday amount, significantly outpacing put options [5] - The weekly 10/31 5-strike call is leading in trading activity, followed closely by the December 5 call [5]
Beyond Meat Surges on Expanded Distribution at Walmart
Yahoo Finance· 2025-10-22 13:19
Group 1 - Beyond Meat's stock surged nearly 70% following the announcement of increased product availability at Walmart stores [1][4] - The products will be available in over 2,000 Walmart locations, including a six-pack of burgers, chicken pieces, and Korean barbecue products [2] - The new burger value pack is priced lower, addressing the company's challenge of appealing to non-vegetarians due to previously higher costs [3] Group 2 - The stock has shown significant volatility, particularly after a debt swap announcement that may result in bondholders gaining control of the company [4]
Midsona outlines restructuring plan to bolster profit margins
Yahoo Finance· 2025-10-22 13:11
Midsona is launching a restructuring exercise to enhance the Spain-based organic and plant-based food company’s profit margins. The programme is being rolled out by president and CEO Henrik Hyalmarsson, who replaced Peter Åsberg in October, and is aimed at generating annual savings of Skr20m ($2.1m) on a run rate basis. Publicly listed Midsona announced the project alongside its third-quarter results issued today (22 October) where the business posted an operating profit, before items affecting comparabi ...
Quest Nutrition Expands Its Lineup with Protein Donuts
Prnewswire· 2025-10-22 13:00
With 14 grams of protein and less than 1 gram of sugar, Questâ"¢ Bake Shop Chocolate Frosted Donuts offer a convenient way to satisfy cravings without compromising nutrition goals DENVER, Oct. 22, 2025 /PRNewswire/ --Â Quest Nutrition is bringing an indulgent twist to breakfast with the launch of its first-ever donuts: Questâ"¢ Bake Shop Chocolate Frosted Donuts. The Chocolate Frosted Donuts serve as the ultimate "cheat code" for satisfying cravings at home or on the go as they are: Accessibility StatementS ...