GMO Corporate News News page: 1

Unilever and Procter & Gamble fined in Greece over profit margins

Greek City Times | 2023-11-05, 01:33

Unilever (LON:) and Procter & Gamble (NYSE:), prominent players in the consumer goods sector, have been fined €1 million each by the Greek Ministry of Development for violating gross margin cap laws on over 100 product codes. The fines come as part of an

Boehringer Ingelheim Achieves Major Milestone In Chronic Kidney Disease: Aldosterone Synthase Inhibitor On Top Of Empagl

MENA FN | 2023-11-03, 19:36

(MENAFN - AETOSWire) (BUSINESS WIRE )--Boehringer Ingelheim today announced promising 14-week Phase II data for BI 690517, a novel selective aldosterone synthase inhibitor (ASi). The results ... ...

Boehringer Ingelheim achieves major milestone in chronic kidney disease: aldosterone synthase inhibitor on top of ...

Business Wire | 2023-11-03, 18:03

INGELHEIM, Germany--(BUSINESS WIRE)--Boehringer Ingelheim achieves major milestone in CKD: aldosterone synthase inhibitor + empagliflozin delivers promising results in Phase II trial ...

Kraft Heinz's Carlos Abrams-Rivera on the consumer, Taylor Swift-inspired sauce

CNBC | 2023-11-03, 16:48

Kraft Heinz Incoming CEO Carlos Abrams-Rivera speaks with CNBC's Becky Quick about what he's seeing from consumers, new product based on Taylor Swift, and more. ...

AnaptysBio’s psoriasis drug pipeline agent poses challenge to Boehringer Ingelheim’s Spevigo: GlobalData

Financial Express | 2023-11-03, 12:44

AnaptysBio’s groundbreaking Phase III trial results for imsidolimab, a novel inhibitor, bring renewed hope to patients battling Generalized Pustular Psoriasis (GPP). With a promising safety and tolerability profile, imsidolimab could potentially emerge

Greece fines Unilever, P&G

Ekathimerini | 2023-11-03, 09:44

The Ministry of Development has formally declared war on multinationals, imposing fines on the two largest companies in the consumer goods sector, Unilever and Procter & Gamble, a war that had been announced by the prime minister himself a few weeks ago.

Zoetis CEO on Q3 earnings: We keep seeing the resilience of the animal health sector ...

CNBC | 2023-11-02, 19:26

Kristin Peck, Zoetis CEO, joins 'Squawk on the Street' to discuss her insights into livestock and pet care products, how tied Zoetis' business is to the macro economy, and more. ...

DuPont Community Credit Union donates $20K to Blue Ridge Area Food Bank

News Leader - Staunton | 2023-11-02, 14:56

STAUNTON — DuPont Community Credit Union (DCCU) held a special credit card campaign — Shop & Give that benefited its members and the community. According to a press release, during the months of July and August, DCCU credit card holders received additional

Kraft Heinz seeks to end cold cuts volume slide

Food Business News | 2023-11-02, 12:43

PITTSBURGH — Work on improving volume and market share, particularly in its meats business, will continue at Kraft Heinz after net sales in North America slipped 0.4% in the third quarter ended Sept. 30. Companywide, net income of $262 million, or 21¢ per

Kraft Heinz names president for North America

Food Business News | 2023-11-02, 12:43

PITTSBURGH — Kraft Heinz is making a leadership change in its North American business and splitting its international business into three zones. All changes will become effective at the beginning of fiscal year 2024. Pedro Navio will

Athian and Elanco Animal Health Team Up to Transform Food Production through Methane Reduction

no EC Enid News & Eagle | 2023-11-02, 12:35

GREENFIELD, Ind. & INDIANAPOLIS--(BUSINESS WIRE)--Nov 2, 2023-- Athian (athian.ai) announced today the establishment of the first-of-its-kind voluntary livestock carbon insetting marketplace, with the first accepted protocol aimed at reducing enteric

Zoetis Announces Third Quarter 2023 Results

no EC Enid News & Eagle | 2023-11-02, 12:34

PARSIPPANY, N.J.--(BUSINESS WIRE)--Nov 2, 2023-- Zoetis Inc. (NYSE: ZTS) today reported its financial results for the third quarter of 2023 and updated its guidance for full year 2023. The company reported revenue of $2.2 billion for the third quarter of 2023,

Zoetis: Q3 Earnings Snapshot

no EC Atlantic City | 2023-11-02, 12:30

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — Zoetis Inc. (ZTS) on Thursday reported third-quarter net income of $596 million. On a per-share basis, the Parsippany, New Jersey-based company said it had net income of $1.29. Earnings, adjusted for

Thanksgiving sides as truffles? How a Memphis chocolatier, Campbell's Soup made it happen

Commercial Appeal | 2023-11-02, 10:22

This time of year, people across America start dreaming of their favorite Thanksgiving dishes. It’s a topic of much debate — with everyone having a strong opinion on what side dishes are best. Until now, we are pretty sure that no one has ever contemplated

Unilever Ventures and True Beauty Ventures Make Inaugural Investment in Fragrance with The 7 Virtues, ...

no EC San Francisco Examiner | 2023-11-02, 01:18

Wonder - Balance - Truth - Courage - Justice - Wisdom - Beauty HALIFAX, NS, Nov. 1, 2023 /CNW/ - Lead investor, Unilever Ventures, the venture capital arm of the Unilever Group, has joined forces with True Beauty Ventures, a US based investment firm

Kraft Heinz names Pedro Navio new North America president

Business Journal | 2023-11-01, 16:45

Moves split the food company's international operations into the three. ...

Kraft Heinz lifts annual profit target again on margin boost from higher prices

Reuters | 2023-11-01, 15:46

Nov 1 (Reuters) - Kraft Heinz (KHC.O) on Wednesday raised its 2023 profit estimates for the second time this year after topping quarterly earnings estimates on higher prices for its packaged meals and condiments, sending its shares 5% higher in early trading.

Unilever Ventures and True Beauty Ventures Make Inaugural Investment in Fragrance with The 7 Virtues, the Clean Fragrance Pioneer

PR Newswire | 2023-11-01, 14:53

Wonder - Balance - Truth - Courage - Justice - Wisdom - Beauty HALIFAX, NS, Nov. 1, 2023 /PRNewswire/ - Lead investor, Unilever Ventures, the venture capital arm of the Unilever Group, has joined forces with True Beauty Ventures, a US based investment

Cargill’s newly expanded soybean processing plant in Sidney, Ohio poised to connect local farmers to ...

no EC The Eagle-Tribune | 2023-11-01, 14:40

SIDNEY, Ohio--(BUSINESS WIRE)--Nov 1, 2023-- Cargill has completed an expansion and modernization project at its integrated soybean crush and refined oils facility in Sidney, Ohio. The upgraded facility, which came online in September, will help Cargill better

Kraft Heinz: Q3 Earnings Snapshot

no EC SCNOW Morning News | 2023-11-01, 13:06

PITTSBURGH (AP) — PITTSBURGH (AP) — The Kraft Heinz Company (KHC) on Wednesday reported third-quarter net income of $262 million. On a per-share basis, the company that operates out of Chicago and Pittsburgh, said it had net income of 21 cents. Earnings,

The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share

no EC The Eagle-Tribune | 2023-11-01, 12:33

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Nov 1, 2023-- The Kraft Heinz Company (Nasdaq: KHC) announced today that the Company’s Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 29, 2023, to

Kraft Heinz Reports Third Quarter 2023 Results

no EC The Eagle-Tribune | 2023-11-01, 12:33

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Nov 1, 2023-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the third quarter of 2023. “Our third quarter results were marked by net sales growth across

Kraft Heinz stock jumps after profit beat and raised outlook, while sales came up short

Market Watch | 2023-11-01, 11:27

Shares of Kraft Heinz Co. KHC rallied 1.7% in premarket trading Wednesday, after the consumer food and

The CEO of Unilever won't get a pay increase for 2 years after a backlash ...

Business Insider | 2023-10-31, 15:29

Unilever. Robin Utrecht/SOPA Images/LightRocket via Getty ImagesUnilever CEO Hein Schumacher will have his pay frozen until 2026.Shareholders voted against his base salary of $1.96 million at the AGM in May.Schumacher has said he will change tact from his

Bioceres Crop Solutions to Host Fiscal First Quarter 2024 Financial Results Conference Call on Tuesday, ...

no EC The Eagle-Tribune | 2023-10-31, 14:32

ROSARIO, Argentina--(BUSINESS WIRE)--Oct 31, 2023-- Bioceres Crop Solutions Corp. (NASDAQ: BIOX) (“Bioceres” or the “Company”), a leader in the development and commercialization of productivity solutions designed to regenerate agricultural ecosystems while

Unilever boss’s pay frozen after revolt

The Times/The Sunday Times | 2023-10-31, 00:09

Unilever has frozen the salary of its new chief executive for the next two years after shareholders protested over its executive pay. The FTSE 100 consumer goods group said Hein Schumacher’s €1.9 million pay, which is higher than the €1.6 million received by

Unilever freezes new boss's salary for the next two years after shareholder backlash

This is Money | 2023-10-30, 22:29

Unilever will freeze the salary of its new chief executive for the next two years after a shareholder backlash over fat cat pay. Hein Schumacher, who succeeded