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Stock Market & Financial Investment News

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July 1, 2014
07:10 EDTGMCR, NSRGYKeurig Green Mountain, Nestle unit announce agreement
Keurig Green Mountain (GMCR) and Nestle U.S.A., a division of Nestle (NSRGY), announce a multiyear agreement to bring NESTLE COFFEE-MATE branded coffee with creamer to K-Cup packs for the Keurig brewing system. Nestle Coffee-mate is the first brand to offer a 2 in 1 K-Cup pack for hot coffee. The companies plan to launch the new Nestle Coffee-mate 2 in 1 K-Cup packs in Original and French Vanilla flavors on Keurig.com in fall 2014 and in stores in spring 2015.
News For GMCR;NSRGY From The Last 14 Days
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July 27, 2014
15:12 EDTNSRGY Hospira in talks to acquire Danone medical nutrition business, FT says
French consumer company Danone (DANOY) has been in negotiations to sell its medical nutrition business to Hospira (HSP) in a deal said to value the unit at $5B, says the Financial Times. The deal would also allow for U.S. based Hospira to domicile its tax base in Europe in a tax strategy known as an inversion, added the Financial Times. In prior reports, Nestle (NSRGY) and Fresenius (FMS) have also been mentioned as suitors for the Danone unit. Reference Link
July 25, 2014
12:18 EDTGMCRGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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July 24, 2014
09:34 EDTGMCRRumor: Keurig Green Mountain weakness attibuted to weak IRI data
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July 18, 2014
06:41 EDTNSRGYNestle U.S. chocolate goals curbed by Lindt acquisition, Bloomberg says
Nestle, who usually aims to be first or second in all of its divisions, isnít even close in the U.S. chocolate candy industry, where the Swiss firm is shut-out by Mars and Hershey (HSY), reported Bloomberg. When Lindt & Spruengli finalizes its acquisition of Russell Stover Candies, Nestle will fall even deeper behind, by ranking fourth in the U.S. Reference Link

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