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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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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 10, 2014
09:31 EDTNSRGYNestle acquires rights to aesthetic dermatology products in the U.S. and Canada
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09:31 EDTNSRGYValeant completes filler, toxin asset sale to Galderma
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July 8, 2014
12:03 EDTNSRGYNestle completes acquisition of L'Oreal 50% stake in Galderma
Nestle (NSRGY) announced it has completed its acquisition of L'Oreal's (LRLCY) 50% stake in Galderma, as originally announced on February 11. Galderma will henceforth operate as the pharmaceutical arm of Nestle Skin Health S.A.

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