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Stock Market & Financial Investment News

News Breaks
February 11, 2014
05:32 EDTLRLCY, NSRGYNestle to sell 48.5M L'Oréal shares to L'Oréal for cancelation
The Nestlé (NSRGY) board has approved the sale of 48.5M L'Oreal (LRLCY) shares to L'Oréal for cancellation. Part of the proceeds will be used for the acquisition of the 50% stake of Galderma from L'Oréal, bringing our ownership of Galderma to 100%. Upon approval and completion of this transaction, Galderma will form the foundation of Nestlé Skin Health S.A. The company will also merge Bübchen, Nestlé's existing infant skin care business, into this newly-formed entity which will provide a sizeable platform for profitable growth. In addition Nestlé intends to use the cash proceeds of this transaction to launch a share buyback program.
News For NSRGY;LRLCY From The Last 14 Days
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July 1, 2015
10:00 EDTLRLCYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Underperform from Outperform at Exane BNP Paribas... Baxter (BAX) downgraded to Neutral from Outperform at Credit Suisse... Carter's (CRI) downgraded to Buy from Conviction Buy at Goldman... Fiat Chrysler (FCAU) downgraded to Neutral from Outperform at Exane BNP Paribas... H&E Equipment (HEES) downgraded to Sector Weight from Overweight at KeyBanc... L'Oreal (LRLCY) downgraded to Sell from Neutral at Citi... Marchex (MCHX) downgraded to Equal Weight from Overweight at Stephens... NASDAQ (NDAQ) downgraded to Market Perform from Outperform at Keefe Bruyette... Starbucks (SBUX) downgraded to Buy from Conviction Buy at Goldman... Towers Watson (TW) downgraded to Hold from Buy at Deutsche Bank... Tuesday Morning (TUES) downgraded to Accumulate from Buy at Johnson Rice... United Rentals (URI) downgraded to Sector Weight from Overweight at KeyBanc.
05:31 EDTLRLCYL'Oreal downgraded to Sell from Neutral at Citi
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June 28, 2015
16:28 EDTNSRGYNestle U.S. head says company can turn around frozen food sales, Reuters reports
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June 26, 2015
13:00 EDTNSRGYNestle CEO sees emerging market middle class supporting growth, FT says
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June 25, 2015
10:00 EDTLRLCYOn The Fly: Analyst Downgrade Summary
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06:05 EDTLRLCYL'Oreal downgraded to Neutral from Overweight at JPMorgan
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June 24, 2015
19:43 EDTNSRGYNestle CEO says must 'reconnect with consumers' after noodle ban, AFP reports
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June 23, 2015
13:10 EDTNSRGYNestle appoints Takeda’s Roger as CFO, effective July 1
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