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Stock Market & Financial Investment News

News Breaks
November 25, 2013
13:43 EDTNSRGY, MDLZSustainable coffee means increased yield for Vietnam farmers, Bloomberg says
Companies like Nestle (NSRGY) and Mondelez (MDLZ) are offering coffee farmers in the Central Highlands of Vietnam higher prices and free training for sustainability-certified beans, reported Bloomberg. Mondelez said all beans used in its European coffee brands will meet sustainability standards, such as 4C and Rainforest Alliance by 2015. Reference Link
News For NSRGY;MDLZ From The Last 14 Days
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April 17, 2014
06:28 EDTNSRGYNespresso agrees to change commercial behavior in France, WSJ reports
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April 15, 2014
05:10 EDTNSRGYNestle confirms FY14 organic growth guidance around 5%
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05:08 EDTNSRGYNestle reports Q1 revenue CHF 20.8B vs. CHF 21.94B last year
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April 11, 2014
13:35 EDTNSRGYNestle chairman requires medical treatment
The Nestlé board of directors was informed yesterday that Peter Brabeck-Letmathe, chairman of the board, has been diagnosed with an illness which is curable but requires periodic medical treatment over the next six months. The company said that this does not affect Brabeck-Letmathe’s ability to carry out his role as chairman of the Nestlé board of directors and he will continue to fully exercise his duties during the treatment period. Reference Link
April 10, 2014
12:04 EDTNSRGYNestle says slowdown could spark sales of underperforming units, WSJ says
Nestle plans to continue to to sell underperforming divisions as part of its on-going product-and-brand review, according to The Wall Street Journal, citing comments from CEO Paul Bulcke. CEO Bulcke said, "We are looking at our product and brand portfolio and analyzing it through a sharper, stricter lens. We are making choices about where we want to invest, where we want to improve and areas we want to divest." Reference Link
07:31 EDTMDLZMondelez spends $110M on new Russia factory, Bloomberg says
Mondelez is planning to spend $110M on a new plant in Russia, which will add enough capacity to make 50K tons of snacks annually, according to Bloomberg, citing comments from company spokesman Michael Mitchell. The new factory is projected to create 180 jobs. Reference Link

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