NSLYF - NESTLE (MALAYSIA)

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29.50
0.00 (0.00%)
At close: 3:03PM EST
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  • Starbucks CEO Kevin Johnson Talks China, Nestle, and Dividends
    Motley Fool10 days ago

    Starbucks CEO Kevin Johnson Talks China, Nestle, and Dividends

    Here's how the coffee titan intends to create more value for shareholders in the years ahead.

  • Nestle sees no direct implications on business from Iran sanctions
    Reuters13 days ago

    Nestle sees no direct implications on business from Iran sanctions

    Nestle (NESN.S) sees no direct fallout from renewed U.S. sanctions on Iran, the world's biggest food company said on Tuesday. "We continue to closely follow political developments regarding sanctions against Iran. There are no direct implications for our business at this stage," it said in response to a query.

  • Reuters17 days ago

    Nestle India second-quarter profit tops estimates

    (Reuters) - Nestle India Ltd on Friday posted better-than-expected second-quarter profit, as the maker of Maggi noodles and Kit-Kat chocolates saw higher margins on lower commodity prices. Analysts, on ...

  • 4 Things Starbucks Management Wants Investors to Know
    Motley Fool20 days ago

    4 Things Starbucks Management Wants Investors to Know

    The company's quarter may not have gone entirely as planned, but the chain's CEO has a long-term focus.

  • Starbucks Corporation (SBUX) Q3 2018 Earnings Conference Call Transcript
    Motley Fool25 days ago

    Starbucks Corporation (SBUX) Q3 2018 Earnings Conference Call Transcript

    SBUX earnings call for the period ending June 30, 2018.

  • Nestle Posts Faster Sales and Profit Growth
    Motley Fool25 days ago

    Nestle Posts Faster Sales and Profit Growth

    The packaged food giant is on track to meet its broader financial targets.

  • Nestle counts on better second half to keep Third Point at bay
    Reuters25 days ago

    Nestle counts on better second half to keep Third Point at bay

    Nestle Chief Executive Mark Schneider said he was convinced the food giant had the right strategy in place to further improve sales and profitability as it seeks to head off criticism from activist shareholder Third Point. The KitKat chocolate bar maker has come under pressure from New York-based hedge fund Third Point, run by investor Daniel Loeb, asking for a bolder and faster overhaul at the world's biggest food group. Without mentioning Third Point, Schneider defended the company's efforts to improve margins without sacrificing growth during an investor call on Thursday on Nestle's results for the first half of 2018.

  • Nestle CEO Defends Chairman After Criticism From Activist Loeb
    Bloomberg25 days ago

    Nestle CEO Defends Chairman After Criticism From Activist Loeb

    Nestle SA Chief Executive Officer Mark Schneider threw his support behind Chairman Paul Bulcke after activist investor Dan Loeb charged the board leader with complacency. Third Point, the activist fund run by Loeb, published a 34-page presentation earlier this month, demanding faster change at the world’s largest food company. Third Point, which invested $3.5 billion in Nestle, has said the Swiss food company should divest underperforming units and sell its stake in French cosmetics maker L’Oreal SA. Nestle shares have dropped about 2 percent since Third Point revealed the stake in June last year.

  • Reuters25 days ago

    Nestle CEO says is in full agreement with chairman on strategy

    Nestle (NESN.S) Chief Executive Mark Schneider on Thursday defended the food giant's efforts to improve margins without sacrificing growth, also countering speculation he could be in disagreement with Chairman Paul Bulcke on the strategy.

  • Nestle CEO says is in full agreement with chairman on strategy
    Reuters25 days ago

    Nestle CEO says is in full agreement with chairman on strategy

    Nestle (NESN.S) Chief Executive Mark Schneider on Thursday defended the food giant's efforts to improve margins without sacrificing growth, also countering speculation he could be in disagreement with Chairman Paul Bulcke on the strategy.

  • Nestle (Partly) Shows How to Answer an Activist
    Bloomberg25 days ago

    Nestle (Partly) Shows How to Answer an Activist

    Now that's how to answer an activist investor.Nestle SA, under pressure from Dan Loeb's Third Point, on Thursday reported first-half sales growth that beat analysts' expectations. It also confirmed that the full-year expansion would be 3 percent, within its 2-4 percent range.

  • Associated Press25 days ago

    Nestle posts jump in 1H profit as US, China markets improve

    Nestle is citing "increased momentum" in the United States and China as the Swiss food and drinks giant reported a 19-percent jump in net profit in the first half of the year. The Vevey, Switzerland-based ...

  • The Wall Street Journal25 days ago

    [$$] Nestle Narrows Growth Forecast Range

    Nestlé reported an improved first half profit but warned that organic growth for 2018 will be around 3% compared with previous guidance of between 2% and 4%.

  • Reuters25 days ago

    Nestle counts on better second half to keep Third Point at bay

    Nestle (NESN.S) Chief Executive Mark Schneider said he was convinced the food giant had the right strategy in place to further improve sales and profitability as it seeks to head off criticism from activist shareholder Third Point. The KitKat chocolate bar maker has come under pressure from New York-based hedge fund Third Point, run by investor Daniel Loeb, asking for a bolder and faster overhaul at the world's biggest food group. Without mentioning Third Point, Schneider defended the company's efforts to improve margins without sacrificing growth during an investor call on Thursday on Nestle's results for the first half of 2018.

  • Nestle Leads Europe's Response to Activists With Higher Profit
    Bloomberg25 days ago

    Nestle Leads Europe's Response to Activists With Higher Profit

    European consumer-goods giants ranging from Nestle SA to Anheuser-Busch InBev NV and Diageo Plc are stepping up their response to the activist threat by cutting costs, shedding underperforming brands and returning cash to investors. Nestle’s sales and profitability are gaining momentum as Chief Executive Officer Mark Schneider revamps the food giant’s portfolio, while brewer AB InBev is streamlining its management and distiller Diageo plans its second big annual share buyback. The latest moves were welcomed Thursday by Nestle investors, while AB InBev fell as increased marketing spending related to the World Cup weighed on profit growth and Diageo reversed early gains.

  • Barrons.com26 days ago

    Can Starbucks and Nestle Grind Out a Win in Coffee?

    Where We Were: About five years ago, single-serve coffee burst onto the scene in a way that weighed on traditional coffee retailers, as more consumers were brewing their own coffee pods at home. Where We're Going: Changes in coffee prices, slowing single-serve growth, and new alliances are shifting the landscape of coffee, for both restaurants and consumer-staples stocks. Despite environmental harm and worries about health hazards, single-serve pods are still popular with time-strapped consumers who don't want to swing by their local Starbucks (SBUX) on their way to work.

  • No Break in KitKat Battle as EU Court Backs Trademark Test
    Bloomberg26 days ago

    No Break in KitKat Battle as EU Court Backs Trademark Test

    Nestle SA suffered a setback in its long-running attempt to get trademark protection for the shape of its four-fingered KitKat as the European Union’s highest court said more proof was needed that it’s distinctive throughout the 28-nation bloc. In a boost to rival Mondelez International Inc., the EU Court of Justice on Wednesday backed a lower tribunal’s 2016 decision and the trademark’s validity will now have to be reexamined by the EU’s Intellectual Property Office under the strict conditions. “This development will be a big blow to Nestle since it will likely lose its EU trademark for the four-fingered chocolate bar,” said Claire Lehr, head of trademarks at EIP Europe LLP in London.

  • EU court sends the KitKat case back to trademark office
    Reuters26 days ago

    EU court sends the KitKat case back to trademark office

    A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers was sent back to the EU's trademark office on Wednesday after judges dismissed appeals by both companies. The ruling by the European Court of Justice means the EU Intellectual Property Office (EUIPO) must review a 2012 decision to uphold Swiss-based Nestle's (NESN.S) trademark on the shape of the four-finger chocolate-covered wafer biscuit over objections raised by Mondelez (MDLZ.O) of the United States. The Luxembourg court found that Nestle had failed to show that consumers in enough EU countries recognized the shape as distinctive but also dismissed an appeal by Mondelez against some of the grounds for a lower EU court ruling in 2016 that had found the EUIPO was wrong to reject the U.S. firm's complaint.

  • Reuters26 days ago

    EU court sends the KitKat case back to trademark office

    A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers was sent back to the EU's trademark office on Wednesday after judges dismissed appeals by both companies. The ruling by the European Court of Justice means the EU Intellectual Property Office (EUIPO) must review a 2012 decision to uphold Swiss-based Nestle's (NESN.S) trademark on the shape of the four-finger chocolate-covered wafer biscuit over objections raised by Mondelez (MDLZ.O) of the United States. The Luxembourg court found that Nestle had failed to show that consumers in enough EU countries recognised the shape as distinctive but also dismissed an appeal by Mondelez against some of the grounds for a lower EU court ruling in 2016 that had found the EUIPO was wrong to reject the U.S. firm's complaint.

  • Palm oil sustainability group reinstates Nestle membership
    Reuterslast month

    Palm oil sustainability group reinstates Nestle membership

    Nestle's (NESN.S) membership in the Roundtable on Sustainable Palm Oil (RSPO) has been reinstated three weeks after it was suspended, according to a joint statement issued by the company and the industry watchdog. "The RSPO today reinstated Nestle's membership following the submission of its time-bound action plan to achieve 100 percent RSPO certified sustainable palm oil by 2023," said the statement, adding that the Swiss food group's certificates and membership status will be reinstated effective Monday. Nestle's membership was suspended on June 27 as it failed to submit a report detailing how it would ensure the use of certified sustainable palm oil.

  • Reuterslast month

    Palm oil sustainability group reinstates Nestle membership

    Nestle's membership in the Roundtable on Sustainable Palm Oil (RSPO) has been reinstated three weeks after it was suspended, according to a joint statement issued by the company and the industry watchdog. "The RSPO today reinstated Nestle's membership following the submission of its time-bound action plan to achieve 100 percent RSPO certified sustainable palm oil by 2023," said the statement, adding that the Swiss food group's certificates and membership status will be reinstated effective Monday. Nestle's membership was suspended on June 27 as it failed to submit a report detailing how it would ensure the use of certified sustainable palm oil.