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Stock Market & Financial Investment News

News Breaks
June 16, 2014
11:44 EDTMDLZ, NSRGYNestle aims to revamp Nescafe instant coffee brand, WSJ says
Nestle (NSRGY) is looking to revamp sales growth in its Nescafe instant coffee brand as European consumers are purchasing more pod coffee machines, according to the Wall Street Journal, citing comments from the company's marketing head. Mondelez (MDLZ) is the second-largest instant coffee maker. Reference Link
News For NSRGY;MDLZ From The Last 14 Days
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March 3, 2015
09:47 EDTMDLZSpeculation about Kellogg sparked by Buffett comment, Bloomberg says
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February 27, 2015
07:53 EDTMDLZKraft, Mondelez, others give statements at CAGNY conference, The Deal says
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05:18 EDTMDLZMondelez agrees to sell interests in Japanese coffee JV to partner Ajinomoto
Mondelez announced that, as part of its ongoing efforts to further focus its portfolio on snacking products, it has reached an agreement to sell its 50% interest in Ajinomoto General Foods, or AGF, to its joint venture partner, Ajinomoto. AGF manufactures and sells instant, ground and liquid coffee products as well as other beverages in Japan under brands mainly licensed by Mondelez International, including Blendy and Maxim. Upon closing of the stock purchase agreement, Mondelez International will receive pre-tax cash proceeds of Y27B. The AGF transaction is scheduled to close by the end of April, subject to limited closing conditions. The stock purchase agreement with Ajinomoto will not have any impact on the proposed JDE transaction, which is expected to close later this year. In 2013, AGF generated more than Y100B in net revenue. It has 700 full-time employees and two factories in Gunma and Suzuka, Japan.
February 26, 2015
07:27 EDTMDLZExecutives' Club of Chicago to hold a breakfast meeting
Chicago CEO Breakfast Meeting with Guest Speaker Irene Rosenfeld, Chairman & CEO, of Mondelez International, who discusses "Leading in Turbulent Times" is being held in Chicago on February 26 at 8:15 am.
February 25, 2015
09:03 EDTMDLZMondelez acquires Betabox start-up
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February 22, 2015
17:31 EDTNSRGYNestle looks to boost productivity in Switzerland, Reuters says
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February 19, 2015
05:36 EDTNSRGYNestle aims to achieve organic growth of around 5%
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05:35 EDTNSRGYNestle reports FY14 organic growth of 4.5%
Nestlé'sFY14 organic growth was 4.5%, composed of 2.3% real internal growth and 2.2% pricing. Sales were CHF 91.6B, down 0.6%, impacted by negative foreign exchange of -5.5%. Acquisitions, net of divestitures, added 0.4% to sales.

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