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Stock Market & Financial Investment News

News Breaks
February 16, 2014
22:23 EDTNSRGY, LRLCYNestle could return about 20%, Barron's says
Nestle's (NSRGY) current weakness looks like a buying opportunity and the stock could return around 20%, Barron's contends in its International Trader - Europe column. The company's sale of its 8% stake in L'Oréal (LRLCY) will lead to a buyback, the paper adds. Reference Link
News For NSRGY;LRLCY From The Last 14 Days
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July 31, 2014
12:06 EDTLRLCYL'Oreal reports 1H operating profit EU 2.03B vs. EU 2.03B last year
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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 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, isn’t 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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