NSRGY - Nestlé S.A.
| Previous Close | 82.670 |
| Open | 82.713 |
| Bid | 0.000 x 0 |
| Ask | 0.000 x 0 |
| Day's Range | 82.600 - 82.970 |
| 52 Week Range | 73.590 - 87.850 |
| Volume | 447,811 |
| Avg. Volume | 428,465 |
| Market Cap | 247.512B |
| Beta | 0.47 |
| PE Ratio (TTM) | 30.97 |
| EPS (TTM) | 2.674 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.42 (2.88%) |
| Ex-Dividend Date | 2018-04-16 |
| 1y Target Est | 101.48 |
- Yahoo Finance Video•12 days ago
M&M might release three new internationally inspired, nutty flavors
Three new internationally inspired M&M flavors are reportedly rolling out in 2019. That’s according to food vlogger SnackChat Live. Yahoo Finance’s Alexis Christoforous, Dan Howley and Maylan Studart discuss these nutty flavors.
Yahoo Finance Video•12 days agoYahoo Finance Live: Market Movers - Sep 14th, 2018
Yahoo Finance's LIVE stock market coverage and analysis.
- Reuters•3 days ago
Henkel says looking at M&A, no comment on Nestle-Boersen-Zeitung
German consumer goods group Henkel is scanning the market for takeovers, its chief financial officer told a paper, declining to say whether it was looking at Nestle's skin health unit that was put up for sale earlier this week. "We continue to see acquisition potential," Carsten Knobel told Boersen-Zeitung in an interview published on Saturday. "I do not want to comment on that," Knobel said when asked whether Henkel was looking at the division.
- The Wall Street Journal•5 days ago
[$$] Nestlé Sharpens Focus on Food and Beverages With Review of Skin-Health Unit
Nestlé SA is exploring strategic options for its skin-health unit, a business analysts say could fetch $4.1 billion, its latest move to narrow its focus to food and beverages as it faces pressure from an activist investor. Nestlé recently sold its U.S. confectionery and Gerber life-insurance businesses after similar reviews. Nestlé didn’t disclose an estimated value for the skin-health division, which includes face-care products Cetaphil and Proactiv, but it could fetch about 4 billion francs, according to Jefferies analyst Martin Deboo.
- Reuters•6 days ago
Nestle aims to shed skin unit to focus on food, nutrition
LONDON/ZURICH (Reuters) - Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul. Nestle said it was exploring strategic options for the unit, saying "the future growth opportunities of Nestle Skin Health lie increasingly outside the group's strategic scope" and did not fit in with a sharper focus on food, drinks and nutritional health. The skin health unit makes Cetaphil and Proactiv skin care brands, Restylane wrinkle fillers and prescription dermatology treatments.
Reuters•6 days agoNestle aims to shed skin unit to focus on food, nutrition
LONDON/ZURICH (Reuters) - Nestle (NESN.S) put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul. Nestle said it was exploring strategic options for the unit, saying "the future growth opportunities of Nestle Skin Health lie increasingly outside the group's strategic scope" and did not fit in with a sharper focus on food, drinks and nutritional health. The skin health unit makes Cetaphil and Proactiv skin care brands, Restylane wrinkle fillers and prescription dermatology treatments.
- Financial Times•6 days ago
[$$] Nestlé plans to sell or spin off skin health unit
plans to spin off or sell its skin health business, in a move that could give the world’s largest food and drinks company a further reason to dispose of its €26bn stake in French cosmetic group L’Oréal. The division had sales of SFr2.7bn last year and makes prescription items, anti-wrinkle creams and other consumer healthcare products. Nestlé said it would “explore strategic options” for the business, which could include a sale, spin-off or even a stock market listing.
- Bloomberg•6 days ago
Nestle's Deal Junkie CEO Is a Seller at Last
Nestle SA’s Chief Executive Officer/deal junkie Mark Schneider has wasted no time in snapping up assets, from a Canadian vitamin maker to Starbucks coffee capsules. On Tuesday, he sold the small Gerber Life insurance unit, for the better-than-expected price of $1.55 billion. The unit generated sales of $2.8 billion last year, and could be worth between $6 billion and $8 billion, according to Jean-Philippe Bertschy, analyst at Vontobel.
- Reuters•6 days ago
Nestle aims to shed skin unit to focus on food, nutrition
Nestle said it was exploring strategic options for the unit, saying "the future growth opportunities of Nestle Skin Health lie increasingly outside the group's strategic scope" and did not fit in with a sharper focus on food, drinks and nutritional health. The skin health unit makes Cetaphil and Proactiv skin care brands, Restylane wrinkle fillers and prescription dermatology treatments. Nestle Skin Health was formed in 2014 when Nestle bought L'Oreal's (OREP.PA) stake in their Galderma dermatology venture.
- Bloomberg•6 days ago
Nestle's Step Away From Skin Health Reignites L'Oreal Sale Talk
Nestle SA’s likely retreat from skincare fuels questions about the company’s broader involvement in cosmetics and the future of a prized asset that many investors want to see sold: a $30 billion stake in L’Oreal SA. Nestle said Thursday it would consider new owners for its dermatological business, a unit with $2.8 billion in annual revenue that Chief Executive Officer Mark Schneider said may no longer fit with the company’s overall strategy of focusing on products such as coffee, water and pet food. Schneider is stepping up the pace of change, having also announced a bond sale and the divestment of an insurance business in a flurry of deals this week.
Reuters•7 days agoExclusive: Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale - sources
Nestle (NESN.S), Unilever (ULVR.L) (UNc.AS) and Coca-Cola (KO.N) are among bidders for GlaxoSmithKline's (GSK.L) Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.
Reuters•7 days agoExclusive - Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale: sources
Nestle (NESN.S), Unilever (ULVR.L) (UNc.AS) and Coca-Cola (KO.N) are among bidders for GlaxoSmithKline's (GSK.L) Indian Horlicks nutrition business, expected to fetch more than $4 billion (3.03 billion pounds), four people familiar with the matter said. It was not clear which other companies were bidding, although Reckitt Benckiser (RB.L), a company eager to build up its consumer health operation, did not make an offer, two sources said. GSK, Nestle, Reckitt and Unilever declined to comment.
- The Wall Street Journal•8 days ago
[$$] Nestlé to Sell Gerber Life Insurance to Western & Southern Financial
announced Monday it has agreed to sell its Gerber Life Insurance Co. unit to Western & Southern Financial Group for $1.55 billion in cash. White Plains, N.Y.-based Gerber Life is well known for advertising for life insurance that covers the lives of children. It is among the 100 largest U.S. life and health insurers by assets, according to ratings firm A.M. Best.
- Reuters•8 days ago
Nestle to sell Gerber Life Insurance unit for $1.55 billion
"This move is part of the ongoing evolution of our portfolio," Nestle Chief Executive Mark Schneider said in a statement. The company announced in February that it was exploring strategic options for its Gerber Life Insurance unit. The deal will allow Cincinnati, Ohio-based Western & Southern Financial Group to market insurance products under the Gerber Life brand, which had annual sales of $856 million in 2017.
- Reuters•8 days ago
Nestle to sell Gerber Life Insurance unit for $1.55 bln
Nestle said on Monday it would sell its Gerber Life Insurance unit to Western and Southern Financial Group for $1.55 billion in cash, helping the company to focus on its core food and beverage and consumer health businesses. Nestle, which has been seeing slowing sales due to broader consumer shift towards healthy foods, had been reviewing its portfolio to get rid of underperforming brands while also buying and launching new products and brands to address these challenges. "This move is part of the ongoing evolution of our portfolio," Nestle Chief Executive Mark Schneider said in a statement.
- Bloomberg•8 days ago
Nestle to Sell Gerber Life Insurance Unit for $1.55 Billion
Nestle SA agreed to sell its Gerber Life Insurance business to Western & Southern Financial Group for $1.55 billion in cash, letting the buyer market insurance products under the Gerber Life brand.
- MarketWatch•8 days ago
Nestlé to sell Gerber Life Insurance for $1.55 billion
Nestlé SA late Monday said it has agreed to sell the Gerber Life Insurance Co. to Western & Southern Financial Group for $1.55 billion in cash. Gerber Life is "a highly recognized and trusted leader" in the juvenile and family life insurance market that had sales of $856 million in 2017, the food giant said. The deal allows Western & Southern Financial to market insurance products under the Gerber Life brand. The deal does not include Nestlé's Gerber products business, the baby food and baby care brand, which Nestlé will continue to develop, the company said. Nestlé said in February it was looking for options for Gerber Life. The deal is expected to close late this year or early 2019, the company said.
- The Wall Street Journal•13 days ago
Jenny Craig Weighs Sale as Performance Improves
Weight-loss brand Jenny Craig is seeking a buyer as its turnaround efforts start coming to fruition. The private equity-backed weight-management company hired investment bank Rothschild & Co. to explore strategic alternatives including a potential sale, people familiar with the matter said. Jenny Craig is projected to generate roughly $400 million of revenue and $35 million of earnings before interest, taxes, depreciation and amortization in 2018, the people said.
- Reuters•15 days ago
Nestle to remove stabilizers from major milk brands in Brazil
Nestle SA (NESN.S) is eliminating stabilizers from two of its major milk brands in Brazil, an executive told Reuters, as the world's largest food company makes a global push to capture growing consumer interest in natural, healthy and organic products. In an interview on Monday afternoon, Fabiana Fairbanks, beverages business executive officer for Nestle Brazil, said the firm's Ninho and Molico brands, a milk for children and a skimmed milk, respectively, will be sold without preservatives starting this month. With the move, which required an investment of 140 million reais (26.39 million pounds), Nestle's two "ultra-high temperature" milks in Brazil, which can be stored for prolonged periods of time at room temperature, have no stabilizers.
- Reuters•15 days ago
Nestle to remove stabilizers from major milk brands in Brazil
Nestle SA is eliminating stabilizers from two of its major milk brands in Brazil, an executive told Reuters, as the world's largest food company makes a global push to capture growing consumer interest in natural, healthy and organic products. In an interview on Monday afternoon, Fabiana Fairbanks, beverages business executive officer for Nestle Brazil, said the firm's Ninho and Molico brands, a milk for children and a skimmed milk, respectively, will be sold without preservatives starting this month. With the move, which required an investment of 140 million reais ($34.3 million), Nestle's two "ultra-high temperature" milks in Brazil, which can be stored for prolonged periods of time at room temperature, have no stabilizers.
- InvestorPlace•16 days ago
Bears Could Get Scalded as Dunkin Stock Brews up More Gains
Dunkin Brands (NASDAQ:DNKN) has surprised a lot of people since its IPO back in 2012. At the time, many observers felt that Dunkin was a washed up or tired brand. People weren’t buying the growth strategy that Dunkin was selling.
- The Wall Street Journal•16 days ago
[$$] Frozen Dinners Make a Comeback
Frozen dinners are on a hot streak. Sales of microwavable meals are rising at the fastest pace in a decade, drawing attention from food-company executives otherwise struggling with falling sales for well known but outdated brands. “We believe this is not a blip,” said Sean Connolly, chief executive of Conagra Brands Inc., maker of Healthy Choice, Banquet and Marie Callender’s frozen meals.
- Reuters•20 days ago
Nestle to buy coffee from Zimbabwe in development push
Nestle's (NESN.S) Nespresso arm expects to buy nearly all of Zimbabwe's top-end coffee crop from small farmers this growing season and will help the beleaguered local industry get back on its feet, the Swiss group said on Thursday. "Nespresso expects to buy more than 95 percent of the high quality coffee production of Zimbabwean smallholders this season. Nespresso is also working with farmers for the next harvest, when volumes are set to increase.
- Bloomberg•21 days ago
Move Over, Quinoa, Nestle Is Looking for the Next Superfood
Quinoa is so 2017. The world’s largest food company may add the Andean fruit, closely related to the tomato with a sweet and sour taste, to a range of products after acquiring a Latin American snack maker that relies on the ingredient. “One of our main rationales to partner up with Nestle was that we’ve seen excitement from Nestle to start using goldenberries as part of their ingredients in their products, from baby food to cereal bars to chocolate,” Terrafertil Chief Executive Officer David Bermeo said in an interview.
- InvestorPlace•22 days ago
The Premium for Shopify Stock Is No Longer Justified
If it’s true that there’s no such thing as bad publicity, Shopify (NYSE:SHOP) and SHOP stock enjoy enviable PR riches. For instance, the mainstream media is buzzing about celebrity Kylie Jenner, who is on the verge of becoming the youngest-ever self-made billionaire. Jenner’s company, Kylie Cosmetics, stunned the beauty industry with massive sales to adoring fans.
