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Stock Market & Financial Investment News

News Breaks
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
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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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