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ACCC Does Not Oppose Sanitarium's Proposed Acquisition Of Vita Brits

BRIEF-ACCC Does Not Oppose Sanitarium's Proposed Acquisition Of Vita Brits Nov 1 (Reuters) - ACCC - SANITARIUM'S PROPOSED ACQUISITION OF VITA BRITS NOT OPPOSED Further company coverage: [ ]
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Avolta's Q3 organic sales growth misses expectations, shares slide

UPDATE 2-Avolta's Q3 organic sales growth misses expectations, shares slide Recasts throughout, adds analysts, CEO's comments By Anastasiia Kozlova and Amir Orusov Oct 31 (Reuters) - Swiss duty-free retailer Avolta AVOL.S s lipped as much as 2.6% on Thursday as the third-quarter organic sales growth fell short of expectations due to weakness in its Americas market, analysts said.
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Dabur India misses Q2 profit view on subdued urban demand

Dabur India misses Q2 profit view on subdued urban demand Oct 30 (Reuters) - Honey-to-packaged juice maker Dabur India DABU.NS reported a lower-than-expected quarterly profit on Wednesday, hurt by weaker demand in urban areas and heavy rains in parts of the country. Its consolidated profit dropped nearly 18% to 4.25 billion rupees ($50.6 million) for the three months ended Sept.
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Brazil farmers, government slam Danone for cutting out Brazilian soy

UPDATE 1-Brazil farmers, government slam Danone for cutting out Brazilian soy Adds government comments in paragraphs 1, 5-6, Danone Brazil comment in paragraph 7 SAO PAULO, Oct 29 (Reuters) - B razilian soybean producers on Tuesday said there is good reason for products of Danone DANO.PA to be boycotted after the French dairy giant said it would stop sourcing soy from Brazil, while the Brazilian government criticized "unreasonable" moves by European companies.
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Brazil farmers seek to boycott Danone for cutting out Brazilian soy

Brazil farmers seek to boycott Danone for cutting out Brazilian soy SAO PAULO, Oct 29 (Reuters) - Brazilian soybean producers on Tuesday said there are reasons for farmers in the country to boycott Danone DANO.PA after the French dairy giant said it had stopped sourcing soy from the South American agricultural powerhouse. Danone's finance chief told Reuters last week that the company was instead buying soybeans from countries in Asia, ahead of a European Union rule requiring companies to prove t
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India's Marico beats Q2 profit estimates on price hikes

India's Marico beats Q2 profit estimates on price hikes Oct 29 (Reuters) - Indian consumer goods maker Marico MRCO.NS reported second-quarter profit well above market estimates on Tuesday, propped up by price hikes undertaken to offset higher raw material prices. The company reported a near-20% rise in consolidated net profit to 4.23 billion rupees ($50.3 million) for the three months ended Sept.
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In a small Wisconsin church, Trump's threat of refugee crackdown looms

In a small Wisconsin church, Trump's threat of refugee crackdown looms Congolese in Wisconsin worry about relatives' future Trump likely to target refugee resettlement program again Congolese are largest nationality of refugees resettled in fiscal year 2024 By Kristina Cooke and Ted Hesson APPLETON, Wisconsin, Oct 29 (Reuters) - On a fall Sunday in the U.S.
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Some companies change tack in China with no recovery in sight

ANALYSIS-Some companies change tack in China with no recovery in sight Executives downbeat about China early in Q3 earnings season Property crisis, youth unemployment remain a problem Beijing has pledged stimulus, investors say may not be enough China Q3 GDP slowest since early 2023 By Bernadette Hogg, Ananya Mariam Rajesh and Helen Reid GDANSK/BENGALURU/LONDON, Oct 28 (Reuters) - Companies around the world are starting to cut prices and costs and scale back activity in China, as the world's sec
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France's Danone cuts out Brazilian soy ahead of tough new EU rules

EXCLUSIVE-France's Danone cuts out Brazilian soy ahead of tough new EU rules Danone has stopped sourcing soy from Brazil, says CFO Danone pivots to soy from countries in Asia Switch comes ahead of tough new EU rules and fines Company had been using Brazilian soy for animal feed By Richa Naidu LONDON, Oct 25 (Reuters) - French dairy giant Danone DANO.PA has stopped sourcing soy from Brazil and now buys from countries in Asia, its finance chief told Reuters, ahead of a European Union rule requirin
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India's ITC misses profit estimates on higher costs, subdued demand

UPDATE 2-India's ITC misses profit estimates on higher costs, subdued demand Adds ITC comment, background Oct 24 (Reuters) - Indian tobacco-to-hotels conglomerate ITC ITC.NS missed second-quarter profit estimates on Thursday, hit by higher costs of raw materials and a broader slowdown in d emand for consumer goods . Consumers in the world's most populous country, particularly in urban areas , have been cutting back on spending due to rising prices of essentials , including food, squeezing bottom
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Global food giants deepen price cuts to tempt China's wary shoppers

Global food giants deepen price cuts to tempt China's wary shoppers China's shoppers shift towards locally-made products Market is expected to remain weak Demand for infant health foods resilient By Richa Naidu LONDON, Oct 24 (Reuters) - International companies such as Danone DANO.PA and Nestle NESN.S have deepened price cuts or are seeking to boost online shopping volumes to win over China's increasingly reluctant customers, executives said.
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Danone’s yogurt bounty can spur M&A spree

BREAKINGVIEWS-Danone’s yogurt bounty can spur M&A spree The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Johnson LONDON, Oct 24 (Reuters Breakingviews) - Danone DANO.PA has found a rare, sweet spot for consumer goods groups. The $47 billion dairy specialist is consistently hitting its sales targets and maintaining volumes, unlike rival Nestlé NESN.S .
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Unilever and Danone win back shoppers as price hikes slow

WRAPUP 2-Unilever and Danone win back shoppers as price hikes slow Adds detail in paragraphs 11 and 13; adds CFO comment in paragraph 14 Unilever, Danone beat third-quarter sales estimates Companies slow price hikes sharply and volumes spike Both firms maintain 2024 sales outlooks By Richa Naidu and Dominique Vidalon LONDON/PARIS, Oct 24 (Reuters) - Consumer goods groups Unilever ULVR.L and Danone DANO.PA beat third-quarter sales estimates on Thursday as they slowed price hikes and invested in i
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Hindustan Unilever falls after profit miss, analysts flag more demand woes

UPDATE 1-Hindustan Unilever falls after profit miss, analysts flag more demand woes Adds analyst comment in paragraphs 4 and 6, background in paragraphs 5 and 9 Oct 24 (Reuters) - Shares in Hindustan Unilever HLL.NS fell 7 % on Thursday, tracking their worst day in nine months, after reporting quarterly earnings below estimates due to an urban slowdown, w ith analysts expecting the pain to continue in the near term .
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France's Danone keeps 2024 goals as Q3 sales beat forecasts

UPDATE 2-France's Danone keeps 2024 goals as Q3 sales beat forecasts Q3 l-f-l sales up 4.2% vs est. 3.9% growth Keeps 2024 forecast for 3%-5% l-f-l sales growth Sales beat driven by stronger-than-expected volumes Adds CFO comment, analyst comment By Dominique Vidalon PARIS, Oct 24 (Reuters) - French food group Danone DANO.PA beat third-quarter sales expectations on Thursday, boosted by higher sales volumes as price hikes slowed, and reflecting strong demand in North America for high-protein prod
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Unilever's pricing shift may have attracted shoppers in third quarter

PREVIEW-Unilever's pricing shift may have attracted shoppers in third quarter By Richa Naidu LONDON, Oct 23 (Reuters) - Investors are looking to Unilever's ULVR.L third-quarter results on Thursday to see if the consumer goods group has started to claw back some market share lost to cheaper rivals as it seeks to balance sales volumes and margins. The packaged food industry, including Unilever, had to raise prices to cope with cost increases during the pandemic, while grain and energy became more
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Unilever's India unit misses profit view as higher costs, urban slowdown weigh

UPDATE 2-Unilever's India unit misses profit view as higher costs, urban slowdown weigh Adds CFO comment in paragraphs 3 and 5, details on ice cream business in paragraphs 10 and 11 Oct 23 (Reuters) - Hindustan Unilever HLL.NS , the Indian unit of UK's Unilever ULVR.L , reported a smaller-than-expected quarterly profit on Wednesday as the consumer goods maker incurred higher expenses amid a slowdown in urban markets.
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More US firms lean on retired, veteran leaders to steady ship in choppy economy

RPT-More US firms lean on retired, veteran leaders to steady ship in choppy economy Repeats Oct. 22 story with no changes to text, headline By Shivansh Tiwary and Aishwarya Venugopal Oct 22 (Reuters) - CVS Health CVS.N last week named as CEO a tried-and-tested company veteran, the latest in a handful of firms this year that have turned to an experienced executive to take the helm, hoping to quell investor concerns amid economic uncertainty.
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India's Hindustan Unilever flat ahead of Q2 results

BUZZ-PREVIEW-India's Hindustan Unilever flat ahead of Q2 results ** Shares of consumer goods maker Hindustan Unilever HLL.NS trade flat ahead of quarterly results ** Stock had declined as much as 2.6% in early trading ** Analysts, on average, expect HLL's profit to fall 1% Y/Y, according to data compiled by LSEG ** However, revenue seen rising 2.7%
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More US firms lean on retired, veteran leaders to steady ship in choppy economy

RPT-More US firms lean on retired, veteran leaders to steady ship in choppy economy Repeats to add link to Factbox. No changes to text, headline By Shivansh Tiwary and Aishwarya Venugopal Oct 22 (Reuters) - CVS Health CVS.N last week named as CEO a tried-and-tested company veteran, the latest in a handful of firms this year that have turned to an experienced executive to take the helm, hoping to quell investor concerns amid economic uncertainty.
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