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11:04 EDTNSRGY
theflyonthewall.com: Nestle may acquire Indian nutrition business, Business Standard reports
Nestle (NSRGY) said in a filing on the Bombay stock exchange, that it will hold a meeting of board of directors on December 9 to consider a possible acquisition of Speciality Foods India's healthcare nutrition business, the Business Standard reports. Reference Link :theflyonthewall.com



News For NSRGY From The Last 14 Days
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January 29, 2010
08:24 EDTNSRGY
theflyonthewall.com: Kraft-Cadbury holds promise, but India a tough market to crack, rediff.com says

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January 28, 2010
06:34 EDTNSRGY
theflyonthewall.com: Nestle re-initiated with a Neutral at Exane BNP Paribas

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January 27, 2010
12:06 EDTNSRGY
theflyonthewall.com: On The Fly: U.S. Mid-Day Market Wrap-Up
Stocks on Wall Street retreated as a December new home sales report showed that there were 342,000 units sold versus the expected 366,000, and Caterpillar (CAT) lowered its 2010 earnings forecast. At 2:15 pm today the Fed will release its latest policy statement. Tonight President Obama delivers his State of the Union message...All industry sectors are currently lower...Crude oil and gold are down...The Dow has fallen 19.19 to 10,175.10, the NASDAQ is up 1.00 to 2,204.73, and the S&P dropped 1.99 to 1,090.18...MARKET NEWS: Boeing (BA) said that it expects to deliver its first 787 Dreamliner aircraft later this year...Heinz (HNZ) reportedly may be a takeover target and Nestle (NSRGY) is said to be a possible suitor...MAJOR MOVERS: Among the most active stocks are Citigroup (C), Bank of America (BAC), Ford (F), Yahoo (YHOO), and Intel (INTC). :theflyonthewall.com
09:41 EDTNSRGY
theflyonthewall.com: Heinz may be takeover target, Daily Finance reports
Heinz (HNZ) could be "ripe for the picking" as one of the few major independent food companies left following the Cadbury (CBY) acquisition, Daily Finance reports. Nestle (NSRGY) could be the most logical and suitable buyer of Heinz, the article states. Reference Link :theflyonthewall.com

January 26, 2010
11:03 EDTNSRGY
theflyonthewall.com: Nestle's likely long-term goal is to buy Hershey, Reuters reports

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