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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:26 EDTNSRGYNestle found liable in civil case over infiltration of organization, FT says
Nestle (NSRGY) and security company Securitas were ordered by a Swiss court last week to pay compensation over their prior involvement in the secret infiltration of the non-governmental organization Attac in Africa, reported Financial Times. Reference Link
News For NSRGY From The Last 14 Days
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May 22, 2013
06:09 EDTNSRGYNespresso's single-serve expansion focused on China, U.S., WSJ reports
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05:57 EDTNSRGYNestle expands R&D facilities in Singapore
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May 16, 2013
09:27 EDTNSRGYNestle invests CHF 29M to strengthen supply chain in Russia
Nestlé is investing more than CHF 29M in new distribution facilities in Russia to meet growing demand for its products in the country. The company is extending its distribution centre at its manufacturing site in Vorsino in the region of Kaluga to better serve consumers across Russia and other Commonwealth of Independent States countries. The investment will have created about 100 new jobs by the time the new facilities are fully operational in October this year.
May 13, 2013
07:10 EDTNSRGYCompanies pursue more deals in India, Bloomberg reports
The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, reports Bloomberg.Reference Link
06:05 EDTNSRGYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.

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