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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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April 17, 2014
06:28 EDTNSRGYNespresso agrees to change commercial behavior in France, WSJ reports
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April 15, 2014
05:10 EDTNSRGYNestle confirms FY14 organic growth guidance around 5%
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05:08 EDTNSRGYNestle reports Q1 revenue CHF 20.8B vs. CHF 21.94B last year
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April 11, 2014
13:35 EDTNSRGYNestle chairman requires medical treatment
The Nestlé board of directors was informed yesterday that Peter Brabeck-Letmathe, chairman of the board, has been diagnosed with an illness which is curable but requires periodic medical treatment over the next six months. The company said that this does not affect Brabeck-Letmathe’s ability to carry out his role as chairman of the Nestlé board of directors and he will continue to fully exercise his duties during the treatment period. Reference Link
April 10, 2014
12:04 EDTNSRGYNestle says slowdown could spark sales of underperforming units, WSJ says
Nestle plans to continue to to sell underperforming divisions as part of its on-going product-and-brand review, according to The Wall Street Journal, citing comments from CEO Paul Bulcke. CEO Bulcke said, "We are looking at our product and brand portfolio and analyzing it through a sharper, stricter lens. We are making choices about where we want to invest, where we want to improve and areas we want to divest." Reference Link

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