Unilever N.V. (ADR) (NYSE:UN) on 22 may announced that it has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately $2.15 billion. The annual turnover for Ragu and Bertolli is more than $600 million. Unilever N.V. (ADR) (NYSE:UN) net profit margin is 18.60% and weekly performance is -0.44%. On last trading day company shares ended up $43.46. Analysts mean target price for the company is $44.00. Unilever N.V. (ADR) (NYSE:UN) distance from 50-day simple moving average (SMA50) is 4.44%.
Unilever plc (ADR) (NYSE:UL) had its outperform rating reissued by analysts at Sanford C. Bernstein. The firm currently has a GBX 3,050 ($51.34) target price on the stock. Unilever plc (ADR) (NYSE:UL) shares advanced 0.85% in last trading session and ended the day on $44.93. UL return on assets is 19.40%.Unilever plc (ADR) (NYSE:UL) quarterly performance is 10.61%.
Monster Beverage Corp. (NASDAQ:MNST) released a statement regarding a lawsuit filed against its Monster Energy unit by the music group the Beastie Boys. The group alleged the company used a number of its songs for advertising without permission. Monster Beverage Corp (NASDAQ:MNST) shares moved up 0.80% in last trading session and was closed at $69.02, while trading in range of $68.45 – $69.31. Monster Beverage Corp (NASDAQ:MNST) year to date (YTD) performance is 1.84%.
PepsiCo, Inc. (NYSE:PEP) is leaving no breathing space for archrival Coca-Cola Company (NYSE:KO). Whether it is in North America, Europe or the emerging markets of Asia, Latin America and Africa, PepsiCo is doing something to trim the market influence of Coca-Cola. In India for instance, PepsiCo is waging a mighty war against the rival by sponsoring summer sports. The sponsorships earn the company exclusive stadium marketing rights while denying the rival the same. But even outside the stadiums where it is supposed to be free for all, PepsiCo is neck-to-neck with Coca-Cola. PepsiCo, Inc. (NYSE:PEP) ended the last trading day at $87.73. Company weekly volatility is calculated as 0.97% and price to cash ratio as 13.19.PepsiCo, Inc. (NYSE:PEP) showed a positive weekly performance of 1.89%.
Nestle S.A., Reg Shs. Ser. B Spons (ADR) (OTCMKTS:NSRGY) Switzerland, a shareholder of Fort Worth-based Galderma Laboratories LP, has entered into an agreement with Valeant Pharmaceuticals International Inc. to become the distributor of several products in aesthetic dermatology. On last trading day company shares ended up $78.09.
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