L'Oreal CEO considers buying Nestle stake in company, Bloomberg reports L’Oreal (LRLCY) CEO Jean-Paul Agon says buying Nestle's (NSRGY) nearly 29% stake in the cosmetics firm would make sense, reports Bloomberg. His comments sent shares in both companies higher. Reference Link
News For LRLCY;NSRGY From The Last 14 Days
Check below for free stories on LRLCY;NSRGY the last two weeks.
L'Oreal downgraded to Outperform from Strong Buy at Raymond James Raymond James downgraded L'Oreal to Outperform and removed the stock from its European Conviction List citing the CEO's cautious message on cosmetics market momentum in the second half of 2014.