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Unilever launches $1.6 billion buyback as CEO demands improvements
  + stars: | 2024-02-08 | by ( ) www.cnbc.com   time to read: +3 min
Unilever launched a 1.5 billion euro ($1.6 billion) share buyback on Thursday after volumes increased for the first time in 10 quarters, although its CEO said its performance needs to improve. Unilever's shares rose as much as 4% on Thursday, hitting their highest point since it last reported earnings in October. Unilever said it expects "modest improvement" in underlying operating margin for the full year and underlying sales growth within its multi-year 3% to 5% range. The company reported a roughly 5% rise in fourth-quarter underlying sales, meeting analysts' average forecast, a company-provided consensus showed. Underlying fourth quarter price growth was 2.8% and underlying volumes were up 1.8%, rising for the first time since the second quarter of 2021.
Persons: Hein Schumacher, Charlie Huggins, Huggins Organizations: Unilever, Wealth Locations: Russia, Ukraine
The US Marine Corps lost an F-35 jet in September after the pilot accidentally ejected midflight. Newly released audio reveals that to find the jet, the US Marine Corps called 911. 911 was little help though since they also didn't know how to find the jet, according to the audio. AdvertisementThe US Marine Corps found themselves in an unusual emergency in September: They had lost an F-35 fighter jet somewhere over South Carolina. The US Marine Corps called 911 to report the missing F-35 after a 'mishap' caused the pilot to eject into a residential neighborhood, ABC reported.
Persons: midflight, , they've, Jeremy Huggins, It's Organizations: US Marine Corps, Service, Marine Corps, ABC, Air Station Beaufort, Business, Dispatch, Joint Base Charleston, NBC News Locations: South Carolina, Williamsburg County, I'm, Charleston
In this article BRK.A Follow your favorite stocks CREATE FREE ACCOUNTwatch nowBillionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99. In addition to being Berkshire vice chairman, Munger was a real estate attorney, chairman and publisher of the Daily Journal Corp., a member of the Costco board, a philanthropist and an architect. We've gotten good at fishing where the fish are," the then-93-year-old Munger told the thousands of people at Berkshire's 2017 meeting. Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. "Well, I would say basically we're like the captain of a ship when the worst typhoon that's ever happened comes," Munger told The Wall Street Journal in April 2020.
Persons: Charlie Munger, Warren Buffett's, Munger, Berkshire Hathaway, Buffett, Greg Abel, Benjamin Franklin, We've, Charles Thomas Munger, Alfred, Florence, Toody, didn't, Janet Lowe's, Nancy Huggins, Olson, Wheeler, Dean Scott Derue, Franklin Otis Booth, Booth, Derue, CNBC's Becky Quick, Charlie, He's, I've, Warren Buffett, Johannes Eisele, Goldman Sachs, We're, Oh goody, goody, everything's Organizations: Berkshire Hathaway, Berkshire, New, Daily Journal Corp, Costco, Buffett's Berkshire, CNBC, University of Michigan, Army Air Corps, California Institute of Technology, Scripps College, Harvard Law School, Tolles, Munger & Co, Michigan Ross Business School, Los Angeles Times, Buffett, Omaha, AFP, Getty, Bank of America, Wall Street Journal Locations: California, Munger, Pasadena , California, Berkshire, Omaha , Nebraska, Omaha, Warren, Pasadena
In May, the Carter Center said Rosalynn Carter had dementia. The motorcade will stop for a wreath-laying ceremony at Rosalynn Carter’s alma mater, Georgia Southwestern State University, before making its way to Atlanta. Former first lady Rosalynn Carter poses for a portrait in New York in 2011. Alice S. Hall/NBCUniversal/Getty Images) Rosalynn gets a kiss from her husband after they were awarded Presidential Medals of Freedom in 1999. “Thank you all for joining us in celebrating what a treasure she was, not only to us, but to all humanity.”The Carter Center said in lieu of flowers, donations be made to the Carter Center Mental Health Program or the Rosalynn Carter Institute for Caregivers.
Persons: Rosalynn, Rosalynn Carter, Jimmy Carter, , Andy Huggins, David Goldman, , Mike Stewart, Joe Biden, Jill Biden, Kamala Harris, Nikki Kahn, Horace Cort, Mikki Ansin, Jason, Amy, Jeff, Jack, Dan Farrell, Jimmy, Barbara Walters, Richard Howard, Suzanne Vlamis, Diana Walker, Joan Mondale, Walter Mondale, Muriel Humphrey, Hubert Humphrey, Ruth Carter Stapleton, Jimmy Carter's, Wally McNamee, Corbis, Carter, Ronald Reagan, Ron Galella, Bromberger Hoover, Jay Leno, Alice S, Tami Chappell, Charlie Neibergall, Laura Rauch, Carolyn Kaster, Sebastian Scheiner, Barack Obama's, Bill Clark, John Bazemore, Amy Davis, Saul Loeb, Errol, Jimmy's, Branden Camp, Caroline Kennedy, Hillary Clinton, Nancy Reagan, David McNew, Matt McClain, Adam Schultz, The New York Times Adam Schultz, White, Erin Schaff, Michael S, Williamson, CNN’s Jaide Timm, Garcia, Eva McKend Organizations: CNN, Carter Center, White House, Atlanta ., Secret, Georgia Southwestern State University, Rosalynn Carter, Health, Human Sciences, Carter, Jimmy Carter Presidential, Glenn Memorial United Methodist Church, Emory University, Maranatha Baptist Church, Washington Post, Atlanta, NY, Hulton, Disney, Bettmann, Mental Health, Mental Health Systems, Harlem Globetrotters, Getty, Democratic National Convention, Toronto, Presidential, Humanity, Baltimore Sun, Tribune, Service, Capitol, Aging, NBA, The New York Times Locations: Plains , Georgia, Atlanta, Georgia, Plains, Americus, alma mater, Plains ., New York, Brazil, Dubuque , Iowa, Waterloo , Iowa, San Francisco, Ashkelon, Israel, Baltimore, Annapolis , Maryland, Americus , Georgia, Rosalynn
LOUISVILLE, Ky. (AP) — Jawhar Jordan ran for a career-high 143 yards, scoring on 45- and 21-yard runs on consecutive second-half possessions, and No. Schrader's 54-yard field goal got Notre Dame to 17-13, but Jordan answered with another big run. Notre Dame turned the ball over on downs and Travelstead added his third field goal from 45 yards for the 17-point cushion. Notre Dame was outgained 330-298 with just 44 yards rushing after entering the game averaging 192 per contest. POLL IMPLICATIONSNotre Dame figures to drop several spots with a second loss in three games and its worst this season.
Persons: — Jawhar Jordan, Jeff Brohm, Cam, Spencer Schrader's, Brock Travelstead's, Jordan, Amari Huggins, Notre Dame, Travelstead, Jack Plummer, Louisville's, Quincy Riley's, Sam Hartman's, Hartman Organizations: Louisville, Notre Dame, Cardinals, Norte Dame, Atlantic Coast Conference, Notre, North Carolina State, Murray State, Quincy, Wake, Pittsburgh, AP Locations: LOUISVILLE, Ky, Louisville, UP, California, . Louisville
The pilot of the F-35 fighter jet that went missing ejected and landed in the backyard of a South Carolina home. The Associated Press reported that the pilot parachuted safely into the backyard on Sunday. The pilot was forced to eject from the F-35B Lightning II jet during a training mishap. Local news outlet WMBF reported parts of the aircraft were found near Bartells Road in Indiantown, South Carolina. AdvertisementAdvertisementBefore the jet was found, the US military called on help from the public to locate the missing aircraft.
Persons: Jeremy Huggins Organizations: Associated Press, Service, Marine Corps, Charleston International Airport, AP, Emergency, Services, Base, NBC News Locations: South Carolina, Wall, Silicon, pilotless, Charleston, Joint Base, Bartells, Indiantown , South Carolina
The pilot, who has not been identified by the Marine Corps, did not have serious injuries and has been discharged from the hospital. Then there’s the Marine Corps’ F-35B variant, which can hover and take off and land vertically like a helicopter. The Marine Corps’ variant has a specialized seat that can auto eject to better protect pilots in case an incident occurs while the plane is in hover mode. The 2nd Marine Aircraft Wing told AP that there was an “investigation ongoing” and would not share any more details. The Marine Corps announced Monday it was pausing aviation operations for two days after the fighter jet’s crash.
Persons: , , Mark Cancian, Cancian, Jeremy Huggins, Huggins, ___ Copp, Pollard Organizations: U.S . Marine Corps, Associated Press, Marine Corps, Emergency, Services, Charleston International Airport, AP, Center for Strategic, International Studies, Force, Marines, Corps, Joint Base Charleston, NBC News, Washington Post, 2nd Marine Aircraft, 2nd Marine Aircraft Wing, U.S . Department of Defense, U.S, Government, Office, The Department of Defense, Department of Defense, America Statehouse News Initiative, America Locations: CHARLESTON, S.C, South Carolina, Indiantown , South Carolina, Charleston, Williamsburg County, Federal, Fort Worth, Australia, San Diego, Washington ,
An F-35 stealth fighter went missing after a pilot ejected during a "mishap" on Sunday afternoon. If it kept flying, as reports indicate it may have, it could echo a Cold War incident involving a Soviet aircraft. Toward the end of the Cold War, for example, one Soviet pilot witnessed his jet fly off without him after he ejected from it and continue flying for over 500 miles. On Sunday afternoon, Joint Base Charleston confirmed a "mishap involving an F-35B Lightning II jet" in which the pilot had to eject. The F-35 is considered to be a highly advanced fifth-generation fighter aircraft known for its high-end capabilities and stealth.
Persons: haven't, Jeremy Huggins, Huggins, Lockheed Martin Organizations: Soviet, Service, Base Charleston, Charleston didn't, Facebook, Charleston, Federal Aviation Administration, Joint Base, NBC News, US Marine Corps, Joint, The New York Times, Belgian, NATO, Convair, Dart, Washington Post, Marine Corps, Lockheed Locations: Wall, Silicon, South Carolina, Lake Moultrie, Lake Marion, Soviet, Belgium, Kortrijk, Poland, East, West Germany, Netherlands, Montana
Military and government authorities continued a sweeping search on Monday for an F-35 jet that disappeared after a U.S. Marine pilot used an emergency parachute to eject from it on Sunday afternoon in North Charleston, S.C. The pilot, who has not been publicly identified, was in an F-35 from Marine Corps Air Station Beaufort. He was taken to a local medical center and his condition was stable late Sunday, Jeremy Huggins, a spokesman for Joint Base Charleston, said. Law enforcement teams across the state were also assisting in the search. ”We appreciate the support we’ve received from our mission partners and every organization involved, as integrated teams are searching and preparing for the recovery of the jet,” Joint Base Charleston said.
Persons: Jeremy Huggins, we’ve Organizations: U.S ., Marine Corps Air, Beaufort, Joint Base, Marines, Marine Aircraft Wing, Navy, Civil Air Patrol, Federal Aviation Administration, Law, Locations: North Charleston, S.C
An F-35 that went missing in South Carolina may have flown on autopilot for a time after its pilot ejected, though it's still unclear. In 1970, an aircraft nicknamed the "Cornfield Bomber" pulled off a surprising unmanned landing with only minor damage after it's pilot bailed out. AdvertisementAdvertisementWhile it's currently unclear what happened to the missing jet, it wouldn't be the first time a plane has carried on without its pilot. On February 2, 1970, pilot Maj. Gary Foust ejected from a Convair F-106 Delta Dart interceptor aircraft during a training exercise when the jet had entered a flat spin. After Foust ejected, the aircraft nose-dived before stabilizing, then remained airborne for a time, while Foust drifted around 8,000 feet above the ground in his parachute.
Persons: it's, haven't, Jeremy Huggins, Gary Foust, Foust Organizations: Service, South Carolina, Facebook, Base, NBC News, US Marine Corps, Joint, Charleston, NATO, Convair, Dart, National Museum of, US Air Force, McClellan Air Force Base Locations: South Carolina, Wall, Silicon, South, Soviet, Montana
"On August 30, 2030 — my 100th birthday — I plan to announce that Geico has taken over the top spot, " Buffett said in his 2015 shareholder letter. AdvertisementAdvertisementIn his 1999 shareholder letter, Buffett credited Huggins' "fanatical insistence on both product quality and friendly service" for See's generating $857 million in pre-tax income since Berkshire took over. During the party, Dinsdale revealed he had attended a directors' meeting at Kansas Bankers Surety, an insurance firm that Buffett had long admired. "I'm now scheming to get invited to Jane's next party," Buffett joked. He illustrated the point in his 1990 shareholder letter, using a story about his granddaughter Emily's fourth birthday party a few months earlier.
Persons: Warren Buffett, Berkshire Hathaway, Buffett, Geico, he's, Huggins, Law Buffett, Charlie Munger, Chuck Huggins, See's, Charlie, Mrs B, Rose Blumkin, Mrs, Jane Rogers, Roy Dinsdale, Dinsdale, I'm, Jane's, Emily's, Emily, Gee, B's Organizations: Berkshire, Apple, Service, Progressive, Allstate, AlphaSense, Nebraska Furniture Mart, Kansas Bankers Locations: Wall, Silicon, Nebraska
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Persons: Dow Jones, b7dfc5a2 Locations: virginia
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/bob-huggins-west-virginia-resignation-dui-95fc3129
Persons: Dow Jones Locations: virginia
Last month, Huggins was disciplined after he used a homophobic slur twice and mocked Catholics on a local Cincinnati radio program. Huggins, who coached at the University of Cincinnati from 1989 to 2005, was charged with drunken driving in Ohio in 2004 and pleaded no contest. In 38 seasons as the head coach at Akron, Cincinnati, Kansas State and West Virginia, he led his teams to 26 N.C.A.A. But a national title has eluded Huggins, who has the most wins of any coach to never cut down the championship nets. “Coach Huggins devoted himself to his players, to our student body, to our fans and alumni and to all West Virginians,” the statement read.
Persons: Huggins, “ Columbus, , ” Huggins, Kentucky’s Adolph Rupp, Jim Calhoun, Organizations: West Virginia University, University of Cincinnati, Division, Akron, Akron , Cincinnati , Kansas State, West Virginians Locations: Pittsburgh, , Ohio, Pennsylvania, Cincinnati, Akron , Cincinnati , Kansas, West Virginia
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