Nestle seeks to reduce stake in L'Oreal, Bloomberg says Nestle (NSRGY) is seeking ways to cut its $30B stake in L'Oreal (LRLCY), with any move to reduce its 29% stake potentially taking years, reports Bloomberg, citing people with the knowledge of the matter. Reference Link
News For NSRGY;LRLCY From The Last 14 Days
Check below for free stories on NSRGY;LRLCY 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.