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Stock Market & Financial Investment News

News Breaks
February 7, 2014
17:24 EDTNSRGY, LRLCYNestle 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
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August 7, 2014
07:57 EDTNSRGYForeign trade group warns inversion crackdown could prompt job cuts, WSJ says
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05:56 EDTNSRGYNestle announces CHF 8B share buyback program
Nestle said it plans to launch a new share buyback program of CHF 8B that will start this year and continue into 2015. It added, "This is in line with the Groupís policy to maintain our current financial rating while at the same time providing a competitive return to shareholders with a sustainable dividend policy in line with underlying earnings growth."
05:56 EDTNSRGYNestle to close Hot Pockets plant in Chatsworth, LA Times reports
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05:56 EDTNSRGYNestle confirms 2014 organic growth outlook around 5%
Nestle said, "Full year outlook confirmed: organic growth around 5% and improvements in margins, underlying earnings per share in constant currencies and capital efficiency."
05:55 EDTNSRGYNestle reports 1H organic growth 4.7%, net profit CHF 4.6B
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August 6, 2014
13:31 EDTNSRGYEarnings Preview: Keurig Green Mountain expects Q3 EPS of 83c-88c
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