Wednesday, June 1, 2022

Activist on parent's board could give HUL a new growth lever

The stock of Unilever Plc surged 9% on the news of Nelson Peltz of Trian Fund Management, one of the largest shareholders of the global consumer major, being appointed as a non-executive director on the board as well as a member of the compensation committee.

from Economic Times https://ift.tt/i9Edze2

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...