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Unilever Foresees Slower Growth

Unilever, the maker of Magnum ice cream and TRESemme shampoo, forecast weaker first-half profit margins and reported the slowest sales growth at its personal-care unit in more than three years, sending the shares lower. The slowdown in Unilever’s personal-care sales growth from 7.3 percent in the fourth quarter was notable in light of increasing competition from Procter & Gamble Co.

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