General Mills, Inc. (NYSE:GIS) is not being investigated over food contamination or anything like it. However, the Minnesota-based food company is drawing attention with its opposition to a piece of legislation that would require food companies that market products to children to report if their products contain certain chemicals. General Mills, Inc. (NYSE:GIS) net profit margin is 9.90% and weekly performance is -1.00%. On last trading day company shares ended up $53.72. Analysts mean target price for the company is $51.80. General Mills, Inc. (NYSE:GIS) distance from 50-day simple moving average (SMA50) is 3.70%.
Consumer goods group Unilever N.V. (ADR) (NYSE:UN) said it had paid £715m for the rights left in family trusts by co-founder William Hesketh Lever in a move to simplify the Anglo-Dutch group’s share structure. Unilever N.V. (ADR) (NYSE:UN) shares advanced 0.05% in last trading session and ended the day on $43.99. UN return on assets is 19.40%.Unilever N.V. (ADR) (NYSE:UN) quarterly performance is 14.56%.
The Chairman, Unilever plc (ADR) (NYSE:UL) Nigeria, Chief Nnaemeka Achebe, has assured shareholders of the company that strategies are being put in place to ensure higher profitability that would lead to greater returns. He gave the assurance at the 89th Annual General Meeting of the company in Lagos. Unilever plc (ADR) (NYSE:UL) shares moved up 0.72% in last trading session and was closed at $45.85, while trading in range of $45.69 – $45.95. Unilever plc (ADR) (NYSE:UL) year to date (YTD) performance is 13.38%.
On May 16, 2014, approximately 160,000 shares of MeetMe, Inc.’s (NASDAQ:MEET) common stock were sold through E*TRADE Financial Corporation on behalf of employees of the Company pursuant to pre-existing “sell to cover” elections. Proceeds of these sales were used to satisfy withholding tax obligations associated with the vesting of the shares of restricted stock of the Company held by these employees. These sales did not include any shares owned by the Company’s Chief Executive Officer or Chief Financial Officer. MeetMe Inc. (NASDAQ:MEET) ended the last trading day at $1.98. Company weekly volatility is calculated as 10.35% and price to cash ratio as 13.18.MeetMe Inc. (NASDAQ:MEET) showed a negative weekly performance of -13.54%.
Tencent Holdings Ltd. (OTCMKTS:TCTZD) Asia’s largest Internet company, has said it will acquire a 15 percent interest in JD.com and will transfer its e-commerce business onto that site. Tencent has assigned JD.com a valuation of more than $20 billion by the time it goes public, Bloomberg News reported, citing statements by two people who asked not to be identified because the information is private. On last trading day company shares ended up $14.00.
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