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Stock Market & Financial Investment News

News Breaks
June 23, 2014
08:50 EDTNSRGY, WATNestle, Waters collaborate to develop new vitamin tests
The Nestle (NSRGY) Institute of Health Sciences and Waters (WAT) have begun working together on a new research project which could one day lead to the development of made-to-measure vitamin combinations tailored to individual needs. The collaboration initially aims to develop a new generation of tests for measuring the amount of vitamins in body fluids such as blood and urine. It builds on NIHS's expertise in nutrients and micronutrients research, and Waters' state-of-the-art analytical technologies. Current laboratory analyses of nutrients in biological samples lack sensitivity, are slow and can only measure a limited number of molecules at once. This project will develop new methods that can measure a broad range of nutrients and micronutrients, particularly vitamins and their related metabolites in a quick way.
News For NSRGY;WAT From The Last 14 Days
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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 22, 2014
13:05 EDTWATWaters shares should be bought, says Maxim
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09:49 EDTWATWaters acquires REIMS technology from MediMass
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08:53 EDTWATWaters narrows FY14 EPS view to $5.25-$5.40 from $5.25-$5.50
Consensus is $5.31. Organic sales growth at or above mid single digit range. Sees mid-to-high single digit top line growth in 2H. Sees government funded instrument sales in the U.S. increasing in 2H. Says governmental spending in China beginning to improve. Sees sales growth in Q3, Q4 that would result in FY14 constant currency mid single digit growth. Says still working to find a successor to CEO Douglas Berthiaume. Sees FY operating tax rate 14%-15%. Sees currency neutral to sales growth in FY. Sees FY gross margins 58.5%-59%.
08:52 EDTWATWaters sees Q3 EPS $1.22-$1.32, consensus $1.32
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07:06 EDTWATWaters reports Q2 adjusted EPS $1.22, consensus $1.21
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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
July 17, 2014
10:00 EDTWATOn The Fly: Analyst Initiation Summary
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06:21 EDTWATWaters initiated with a Neutral at Citigroup
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