NESN currently trading at ~81CHF. Consensus target is 86. Rogue analyst?
@@@Nestle SA (VTX:NESN) has been assigned a CHF 76 price target by equities research analysts at Credit Suisse Group in a research note issued on Wednesday. The brokerage currently has a “sell” rating on the stock
Blue Bottle Coffee is about to become goyisha shyist.
Ya' know what they say, 'if it's Kraft, it's Krap.' Well, Nestles ain't a hare's spit not better. Now they're taking over Blue Bottle Coffee and are about to trash another good company. So hurry yo' po' ash along to Blue Bottle folks, before it's too late.
NSRGY makes an incremental move, but as GS states, the company has to make bold moves. The last couple of tiny acquisitions hardly qualifies Mr. New CEO.
@@@Food giants Unilever and Nestle SA stepped up their push into healthier food and drink, with the Anglo-Dutch company snapping up a U.K. maker of organic tea and its Swiss rival announcing a deal for a U.S. seller of vegetarian burritos. Unilever said it has acquired Pukka Herbs, a rapidly expanding organic tea company with flavors such as turmeric gold and mint matcha. Nestle agreed to buy California-based Sweet Earth, which makes frozen meals and chilled, plant-based burgers.Sweet Earth, founded in 2011, will continue to operate independently, with support from Nestle USA’s food division, the Swiss company said. Its meals are sold in more than 10,000 stores, including grocers like Whole Foods and Wal-Mart Stores Inc.
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Dismal growth. The spotlight is firmly on the new CEO to pull NSRGY out of mediocrity.
@@@Nestle reflected these difficulties on Thursday when it said it expected 2017 sales growth to be "in the lower half" of its 2 to 4 percent target range. The company's organic sales growth has slowed over the last four years, leading to Schneider scrapping a long term target of 4 to 5 percent growth. A slowdown to the bottom half of 2 to 4 percent would be Nestle's weakest growth in more than 20 years.
Weak Sales Raise Pressure on Nestle Boss to Speed Up Overhaul
Nestle trimmed its 2017 sales forecast to what would be its weakest growth in 20 years, adding fuel to calls on chief executive Mark Schneider to speed up a turnaround of the world's largest food group.
Got a Kit Kat? This is cool, but only in Japan?? There's gotta be markets for this in other parts of the world. Get with the program NSRGY and get this stuff out there.
@@@@Wasabi, green tea and sake aren’t just foods in Japan, they’re also a few of the many versions of Kit Kats offered in the country. While the wafer-and-chocolate snacks have been available here for more than four decades, recent offerings from custard pudding to ginger have made the nation the go-to destination for picking up odd variations. They’re so popular among tourists that Nestle SA is building its first Kit Kat factory in 26 years to meet booming demand. A popular destination for fans of the snack is the Kit Kat Chocolatory in an underground shopping center connected to Tokyo Station, where Nestle sells high-end flavors that can fetch more than 1,500 yen per package. Boxes of gourmet seasonal flavors -- raspberry and grapefruit -- with some costing as much as 3,500 yen, or more than 10 times the cost of a regular bag of Kit Kats, are stacked across a counter, wrapped in gold paper. On Tuesday, Nestle Japan opened its renovated Chocolatory flagship store in Ginza, Tokyo’s main shopping district.
And now we finally know why NSRGY stock price has been so strong in recent days.
@@@LONDON — Over the past two decades, the hedge fund mogul Daniel S. Loeb established himself as one of the biggest activist investors around. Now, he has set his sights on one of Europe’s largest corporate citizens: Nestlé, the global food giant. In a letter to investors sent on Sunday, his Third Point hedge fund argued that the Swiss conglomerate — whose wares range from candy to baby food to pet food — should sell its stake in L’Oréal and sell off nonessential operations as part of a broad shake-up of the company.
The activist hedge fund, run by Daniel S. Loeb, has called on Nestlé to sell its stake in L’Oréal and move more quickly to adapt to changing consumer tastes.
Buyback at a PE of 30?
@@@ZURICH (Reuters) - Nestle (NESN.S) plans to buy back as much as 20 billion Swiss francs ($20.79 billion) worth of shares by June 2020, the Swiss food giant said on Tuesday as it responds to pressure brought by U.S. activist shareholder Third Point LLC. The New York-based hedge fund, controlled by billionaire investor Daniel Loeb, disclosed a $3.5 billion stake in the company on Sunday and is pushing for Nestle to more aggressively boost performance. Nestle said it would adjust the size of its share buyback program, due to start on July 4, to reflect any big acquisitions.
Nestle plans $20.8 billion share buyback after Third Point pressure
Nestle plans to buy back as much as 20 billion Swiss francs worth of shares by June 2020, the Swiss food giant said on Tuesday as it responds to pressure brought by U.S. activist shareholder Third Point ...
Omar Nespresso is a joke idiot I worked at Nestle that #$%$ does not sell failed venture
So NSRGY tossed out a few million for a stake in Freshly? What is this a joke? This company is paralyzed.
@@@ (Reuters) - Nestle (NESN.S) has acquired a minority stake in U.S. healthy ready meals group Freshly, as the Swiss food giant seeks to hone its distribution network in a rapidly changing U.S. market. Nestle said on Tuesday it was lead investor in a $77 million round of new funding for Freshly, helping it gain access to the $10 billion market for prepared meals in the United States, which it expected to grow at "very attractive rates". Nestle did not disclose its exact investment, which it said would help Freshly build a new East Coast kitchen and distribution center in 2018 as it prepares to expand its U.S. service nationwide. Nestle USA's Food Division President Jeff Hamilton would join Freshly's board of directors.
Nestle buys stake in U.S. ready meals group Freshly
Nestle (NESN.S) has acquired a minority stake in U.S. healthy ready meals group Freshly, as the Swiss food giant seeks to hone its distribution network in a rapidly changing U.S. market. Nestle said on Tuesday it was lead investor in a $77 million r
Finally some action by the new CEO.
@@@Nestle (NESN.S) may sell its roughly $900 million-a-year U.S. confectionery business, which includes Butterfinger and BabyRuth, in the Swiss food group's latest effort to improve the health profile of its sprawling portfolio. The world's largest packaged foods maker said on Thursday it would "explore strategic options", including a possible sale, for the business that also includes 100Grand, SkinnyCow and Raisinets. Analysts have been speculating that Nestle could exit the U.S. confectionary business which is not in line with its stated strategy of becoming more health and nutrition-focused. That strategy, underlined by last year's naming of a healthcare veteran as CEO, comes as the whole packaged food sector battles a slowdown from a new generation of savvy consumers that are eating fresher and healthier foods.
Nestle (NESN.S) may sell its roughly $900 million-a-year U.S. confectionery business, which includes Butterfinger and BabyRuth, in the Swiss food group's latest effort to improve the health profile of its sprawling portfolio.
Did anyone notice that l'Oreal is selling Body Shop. I wonder if the new CEO is prepared to sell of another slice of its stake in L'Oreal.@@@The Body Shop is to be sold in a #$%$1bn (�877m) deal to Brazilian cosmetics company Natura, which owns the Aesop brand. L?Or�al, the owner of the British ethical retailer, is in exclusive talks with Natura and expected to finalise a deal this year. L?Or�al put Body Shop up for sale in February. At the time it said it had decided to explore all strategic options for the 40-year-old chain to give it the ?best opportunities and full ability to continue its development?.https://www.theguardian.com/business/2017/jun/09/loreal-body-shop-natura-aesop
L’Oréal to sell Body Shop to Brazil's Natura in €1bn deal
French parent of ailing ethical retailer in exclusive talks with Aesop owner, with sale expected later this year
The CEO of Nestle USA is worthless I use to work for Nestle and that guy is a knucklehead he is worthless has ruined the company
nesspresso will triple this stock
not 85. You. Mean. At. Least. 100
their chart was a perfect cup & handle I think it's going to go up to about 85