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 ...
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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 $900 million-a-year U.S. confectionery business, which includes Butterfinger and BabyRuth, in the Swiss food group's latest effort to improve the health profile of its sprawling portfolio.
Omar Nespresso is a joke idiot I worked at Nestle that #$%$ does not sell failed venture
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 #$%$1bn (�877m) deal to Brazilian cosmetics company Natura, which owns the Aesop brand. L?Or�al, the owner of the British ethical retailer, is in exclusive talks with Natura and expected to finalise a deal this year. L?Or�al put Body Shop up for sale in February. At the time it said it had decided to explore all strategic options for the 40-year-old chain to give it the ?best opportunities and full ability to continue its development?.https://www.theguardian.com/business/2017/jun/09/loreal-body-shop-natura-aesop
L’Oréal to sell Body Shop to Brazil's Natura in €1bn deal
French parent of ailing ethical retailer in exclusive talks with Aesop owner, with sale expected later this year
The CEO of Nestle USA is worthless I use to work for Nestle and that guy is a knucklehead he is worthless has ruined the company
nesspresso will triple this stock
not 85. You. Mean. At. Least. 100
their chart was a perfect cup & handle I think it's going to go up to about 85
Who lit a fire under NSRGY's #$%$ today?
when do that filthy dividend go into my bank accoubt
CEO's new motto... let sleeping dogs lie (and get paid to watch over them).
Noone wants to talk about Nestle? (sad...)
Really... no visibility on l'Oreal. What about visibility on NSRGY's strategy to recover historical growth?
Nestle says no visibility at this stage on future of L'Oreal stake | Business | Reuters
LAUSANNE, Switzerland (Reuters) - Nestle's <NESN.S> outgoing chairman said on Thursday he could not predict what Nestle would do with its 23 percent stake in French cosmetics group L'Oreal <OREP.PA>
Did anyone else see $NSRGY report from http://monstastocks.com/?s=NSRGY ? It had some interesting information. Helga's rule: say no Trading stocks making money.
Monsta Stocks: Trading Stocks and Making Money
Stock alerts from the Monsta Stocks. Stock trading, making money and always looking for the next big money maker.
keep doing what you are. the plan is working.
Oh look... it's the annual dividend runup time of year again. C'mon Mr. new CEO, stick your neck out a little bit you puzzy.
In case you forgot NSRGY management... this is how it's done.
@@@Overall, Lindt organic sales growth was 6 percent, ahead of organic growth of 1.8 percent at Nestle's confectionery division and beating anemic levels across the broader consumer goods industry. Sweet Spot Lindt's decision to invest in premium chocolate is paying off with higher annual sales growth