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Stock Market & Financial Investment News

News Breaks
June 4, 2014
12:40 EDTNSRGYNestle CEO projects FY14 organic growth close to 5%, WSJ says
Nestle CEO Paul Bulcke said the company will continue to cull underperforming brands from its portfolio as it deals with harsh global conditions and foresees FY14 organic growth of around 5%, according to The Wall Street Journal, citing Bulcke. Reference Link
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August 30, 2015
18:54 EDTNSRGYNestle responds to 'slave labor' claims, AP says
In the wake of a U.S. class action lawsuit alleging that Nestle knowingly relied upon slave labor, the company commented that "forced labor has no place in our supply chain," reports the Associated Press, citing an emailed statement from Nestle. The Associated Press notes that Nestle's email didn't outright deny the claims. Reference Link

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