On Friday, Shares of Unilever N.V. (ADR) (NYSE:UN), dropped -0.80% to $41.93.
Unilever, declared that it has signed a contract to acquire Murad, a leading clinical skincare brand. This follows the acquisitions of Dermalogica, Kate Somerville and REN, which jointly position Unilever as a key player in the personal care prestige segment.
Founded in 1989 in Los Angeles, Murad is the first modern doctor brand, with a mission to provide proven, efficacious products. Howard Murad MD, a dermatologist, pharmacist, and UCLA professor, developed a unique recipe of antioxidants, anti-inflammatories, and hydrators to address virtually every skin care concern, from acne to anti-ageing. Murad has a noteworthypresence in the US through professional salons and spas such as Massage Envy, and specialist retailers such as Sephora, Ulta and Nordstrom; in addition to through direct sales. It also has a regional hub for Europe located in the UK, and the brand can be found in over 42 countries, in department stores, pharmacies, spas and salons.
Unilever N.V. operates as a fast-moving consumer goods company in the Americas, Europe, Asia, Australasia, Africa, the Middle East, Turkey, Russia, Ukraine, and Belarus. The company operates through Personal Care, Foods, Refreshment, and Home Care segments.
Shares of FirstEnergy Corp. (NYSE:FE), climbed 1.22% to $33.21.
FirstEnergy Corp., named Brett W. Reynolds as vice president, FE Products, effective August 1, 2015.
Reynolds will oversee the newly formed FirstEnergy Products group and will report to Dennis M. Chack, senior vice president, Marketing and Branding. Reynolds will be responsible for planning, developing, and plannedally implementing new value-added product and service offerings across a variety of customer segments and markets. He also will work to enhance the company’s existing consumer product offerings, such as professional tree-trimming, landscape lighting and household electrical services.
FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments.
Shares of SCANA Corporation (NYSE:SCG), during its Friday’s trading session raised 1.70%, to $51.97.
SCANA Corporation will release its second quarter earnings on Thursday, July 30, 2015, before the market opens.
SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through auxiliaries, in electric and natural gas utility operations and other energy-related businesses.
SCANA Corporation, through its auxiliaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. It owns nuclear, coal, hydro, natural gas and oil, and biomass generating facilities.
Finally, Royal Bank of Canada (NYSE:RY), lost -0.88% $ 60.73.
The RBC PMI data for June pointed to a modest recovery in business conditions across the Canadian manufacturing sector. Production volumes, new business intakes and employment numbers all picked up contrast to May. A number of firms noted that stronger export demand assisted drive the upturn in business conditions, as highlighted by the fastest rise in new work from abroad since November 2014.
A monthly survey, conducted in association with Markit, a leading global financial information services company, and the Supply Chain Administration Association (SCMA), the RBC PMI offers a comprehensive and early indicator of trends in the Canadian manufacturing sector.
Royal Bank of Canada, together with its auxiliaries, operates as a diversified financial service company worldwide. The company operates through five segments: Personal & Commercial Banking, Wealth Administration, Insurance, Investor & Treasury Services, and Capital Markets.
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