|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||86.81 - 87.31|
|52 Week Range||66.08 - 89.40|
|PE Ratio (TTM)||29.00|
|Forward Dividend & Yield||2.28 (2.66%)|
|1y Target Est||101.48|
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, Nov. 20, 2017: Marvell Technology to Acquire Cavium for $6B The Deal: Marvell Technology Group Ltd. (NASDAQ: ...
Nestle SA’s job cuts in France will probably exceed 1,000 as the Swiss bottler of Perrier water prepares to shift support-staff roles out of the country, union officials said.
Nestle SA is losing buzz to an Indonesian coffee brand famous for brewing civet-cat feces, and L’Oreal SA is losing face to a Chinese skincare brand favored by President Xi Jinping’s wife.
Nestle SA is among companies exploring a purchase of Hain Celestial Group Inc., a U.S. maker of organic and vegetarian food, according to people familiar with the matter, as the Swiss giant seeks to expand ...
Daniel Loeb has made a name for himself generating impressive, and consistent, returns over the last two decades. In the process he has amassed a fortune of $3.2 billion, putting him at number 240 on the Forbes 400 list.
LONDON/ZURICH (Reuters) - Nestle, the world's largest packaged food firm, is reorganising its infant nutrition unit to compete with regional rivals, the latest in a string of shake-ups for global packaged goods companies struggling to reignite sales. The change comes five months after Nestle's new CEO listed its highly profitable infant formula as a priority focus. Infant nutrition is a key battleground for Nestle and rivals such as Danone, which also ranks its baby unit as its most profitable, and Reckitt Benckiser, which recently bought Mead Johnson, the maker of infant formula Enfamil.
LONDON/ZURICH (Reuters) - Nestle (NESN.S), the world's largest packaged food firm, is reorganising its infant nutrition unit to compete with regional rivals, the latest in a string of shake-ups for global packaged goods companies struggling to reignite sales. The change comes five months after Nestle's new CEO listed its highly profitable infant formula as a priority focus. Infant nutrition is a key battleground for Nestle and rivals such as Danone (DANO.PA), which also ranks its baby unit as its most profitable, and Reckitt Benckiser (RB.L), which recently bought Mead Johnson, the maker of infant formula Enfamil.
German drugmaker Bayer (BAYGn.DE) has hired the head of Nestle's (NESN.S) baby food business to help it reverse a drop in revenue from consumer health brands, which often fail to appeal to buyers on Amazon (AMZN.O) and other online platforms. Bayer has appointed Nestle's Heiko Schipper, 48, to run the Consumer Health division as a group board member from March 1 next year, replacing Erica Mann, Bayer said in a statement on Wednesday. Bayer was caught off guard by the speed of U.S. consumers switching to online stores at the expense of established drugstores.
LONDON/ZURICH, Nov 15 (Reuters) - Nestle, the world's largest packaged food firm, said on Wednesday it would reorganise its infant nutrition business to improve performance, five months after the new CEO listed the category as one of its priorities for growth. Infant nutrition is a key battleground for Nestle and its rivals Danone and Reckitt Benckiser, which bought Enfamil infant formula maker Mead Johnson. Nestle has come under pressure to shift gear from activist shareholder Third Point, which in June revealed a $3.5 billion stake.
Nestlé, the world's largest food and drinks company, is a giant awakening. Since the start of the year, new chief executive Mark Schneider has reacted to forces reshaping the global consumer goods industry ...
U.S. farmers are cheering a bumper crop of pumpkins this year, due to dry weather, and celebrating a year-round boost in demand aided by new avenues of growth in such products as flavored coffee and pet food. Experts said this year's pumpkin crop will match or top 2016's bountiful harvest thanks to favorable growing conditions in six states noted for producing half of the pumpkins in the nation. Farmers last year produced 1.6 billion pounds (726 million kg) valued at $208 million, according to the U.S. Department of Agriculture.
REUTERS - Noodles-to-chocolates maker Nestle India Ltd posted a 23 percent rise in third-quarter profit on Friday, buoyed by higher domestic sales. Profit rose to 3.43 billion rupees ($52.64 million) in ...
A Spanish union representing Nestle SA workers is pushing back against calls for a boycott of Catalan products, saying that punishing a major employer in the region with separatist ambitions could backfire ...
Nestle has acquired its second niche American coffee brand in recent weeks, as the packaged foods giant makes good on its promise to push into higher-growth coffee segments.
By Martinne Geller LONDON (Reuters) - Nestle (NESN.S) announced its second small coffee acquisition in as many months on Friday, buying Texas-based Chameleon Cold-Brew as it seeks to bolster its world-leading ...
The French cosmetics giant beat sales expectations, boosted by strong growth in high-end brands and the success of its digital sales platforms.