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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:56 EDTNSRGY, MDLZMondelez merger challenges Nestle's coffee business, Bloomberg says
Nestle (NSRGY) faces increased competition in the coffee industry after Mondelez (MDLZ) agreed to combine its coffee unit with its D.E Master Blenders, reported Bloomberg. Reference Link
News For NSRGY;MDLZ From The Last 14 Days
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July 31, 2014
09:02 EDTMDLZMondelez appoints Mark Clouse as Chief Growth Officer -
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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 20, 2014
16:08 EDTMDLZMondelez, D.E Master consider brand sales as coffee pact looms, Reuters says
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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, isnít 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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