U.S. Markets open in 5 hrs 55 mins

Activist investor Dan Loeb bets on Nestle

Nestle shares got a boost after hedge fund run by activist shareholder Dan Loeb has invested $3.5 billion in the Swiss company. Yahoo Finance's Nicole Sinclair explains what the Third Point's stake---just 1.25%----mean for Nestle, which said this month it may sell its U.S. chocolate and candy unit.