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Stock Market & Financial Investment News

News Breaks
June 16, 2014
11:44 EDTNSRGY, MDLZNestle 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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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, 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
July 14, 2014
10:03 EDTMDLZOptions with increasing implied volatility: GNC SD MDLZ ETP
06:27 EDTMDLZLindt & Sprüngli acquires Russell Stover Candies
The Lindt & Sprüngli Group is acquiring the traditional U.S. family business Russell Stover Candies, headquartered in Kansas City, Missouri. Lindt & Sprüngli is financing the acquisition through net cash resources and bank loans and expects the transaction to make a strong positive contribution to the earnings per share from 2015 onwards. It has been agreed not to disclose the purchase price and other contractual details. Other companies that are in the confectionary industry in North America include Hershey (HYS) Rocky Mountain Chocolate (RMCF) and Mondelez (MDLZ). Reference Link
July 11, 2014
14:58 EDTMDLZMondelez divestiture unlikely, says JPMorgan
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13:22 EDTMDLZMondelez separating EU cheese biz as possible precursor to sale, Bloomberg says
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