Unilever Shares News & Articles

Why billions is being wiped off the value of Kraft Heinz and Buffett’s Berkshire Hathaway

Around $3bn is expected to be wiped off legendary investor Warren Buffett’s holding firm Berkshire Hathaway later today after Kraft Heinz revealed an accounting investigation and $15.4bn write-down amid other issues. Buffett owns a 26.7% stake in Kraft Heinz via Berkshire Hathaway, which itself reports results on Friday. Global investment firm 3G Capital, which has a history of partnering up ...

Market report: Water sector rallies on watchdog approval but BT slides on third quarter growth and cash flow pinch

UK water industry stocks are rallying in early trade on Thursday after the three UK listed firms – Severn Trent (SVT), United Utilities (UU.) and Pennon (PNN) – see their business plans win watchdog approval. That sends sector share prices rallying having removed a hefty unknown for investors, led by the 1.5% rise at United Utilities to 832p, the UK’s largest water company. The ...

Market report: Intu property buyout falls through, funerals probe and Britvic sweet no sugar switch

Plans to buyout UK shopping centres operator Intu Properties (INTU) have fallen through after a consortium led by the group’s chairman John Whittaker pulled the plug. This comes a huge disappointment to investors in the owner of Manchester's Trafford Centre, sparking a massive 38%-plus slump in the Intu share price, to 117.85p. That values the business at about £1.6bn. This is the second ...
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