‘Mortified’ Train sticks by Pearson as FGT struggles
Nick Train is refusing to remove troubled publisher Pearson from Finsbury Growth & Income Trust as his fund failed to beat the FTSE All-Share over the half year.
Unilever
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‘Future starts here’ for UK fund favourite Unilever as Sky falls
Unilever turned out decent sales growth in the first quarter, while fellow takeover target Sky delivered lower profits.
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Sanlam: Go global but ignore the value trade
Investors shouldn’t limit themselves to the UK or Europe but should avoid the lure of the value trade, said Sanlam Private Investments Pieter Fourie.
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PA ANALYSIS: What’s next after Unilever snubbed Kraft Heinz?
As Unilever chief executive Paul Polman pushed the potentially record-breaking $143bn approach by Kraft Heinz off the table on Friday (17 February), a knee-jerk media frenzy suggested that the vulture might continue to circle.
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Unilever’s shares spike 14% after rejecting Kraft Heinz approach
Shares in Unilever reached an all-time high Friday afternoon of 3,838.5p after it declined a $143bn (£112bn) takeover bid from the Kraft Heinz Company.
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Unilever shares plunge as it clashes with Tesco
Unilever shares slid this morning as it announced third quarter results and news of a fall-out with one of its biggest customers spread.
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Unilever’s sales surge held back by currency crosscurrents
Unilever announced a 4.7% lift in underlying sales in the first half of the year, the consumer goods giant said on Thursday.
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PA AUTUMN CONGRESS: Franklin buys into Unilever amid best UK large-cap opportunities for a year
Franklin UK Managers’ Focus Fund used August volatility to buy into Unilever, amid a number of high-quality opportunities in the large-cap space.