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New Unilever CEO tripped by emerging market glitchThe Anglo-Dutch consumer giant reported disappointing sales growth in the final quarter. Higher inflation in Argentina caught the company off guard. New boss Alan Jope is having to rely on smart pricing and growth in Asia to help him meet the financial targets he inherited.
Source: Breakingviews - 🏆 470. / 51 Read more »
GE’s stock rockets to biggest gain in 10 years as CEO Culp embraces reality over hopeShares of General Electric leapt toward a 3-month high Thursday, a pleasant surprise for investors given the struggling industrial company’s history of disappointing with its earnings numbers and recent post-results conference calls. This is laughable considering the stock was near zero....nothing but stock jobbers.....
Source: MarketWatch - 🏆 3. / 97 Read more »