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Nestle SA

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  • Nestle will hit earnings target: CEO     Thursday, 17 Oct 2013 | 8:45 AM ET

    Paul Bulcke, CEO of Nestle, explains that the group expects to achieve its guidance due to a combination of "real internal growth" and "softening" prices.

  • Nestle sales growth misses poll on weak Europe and Asia Thursday, 17 Oct 2013 | 2:00 AM ET

    Nestle said still-weak emerging market demand and falling prices for its products in Europe slowed underlying sales growth to 4.4 percent in the first nine months of the year.

  • Sugar: The food industry’s tobacco moment? Tuesday, 15 Oct 2013 | 2:35 AM ET

    The food industry is facing a backlash against high sugar content on the same scale as the one experienced by the tobacco industry.

  • Amid bloodshed in Pakistan, a stock exchange soars Friday, 4 Oct 2013 | 2:45 AM ET

    If the best time to buy is when there is bloodshed, then Pakistan's commercial capital offers the ideal investment opportunity. The NYT reports.

  • Not-so-sweet tooth: Chocolate prices could soar Friday, 13 Sep 2013 | 4:44 PM ET

    Chocoholics face higher prices for their sweet treats as candy makers deal with higher prices for cocoa butter.

  • Gimme a break: New Android system named 'KitKat' Tuesday, 3 Sep 2013 | 3:34 PM ET

    Google, which is known for nick-naming its mobile operating systems after desserts, has for the first time chosen a brand-name candy for its 4.4 version that's expected to launch this fall.

  • L'Oreal on Nestle deal: 'This is business fiction' Friday, 30 Aug 2013 | 2:01 AM ET
    Jean-Paul Agon, chief executive officer of L'Oreal SA

    L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.

  • Jean-Paul Agon, chairman & CEO of L'Oréal, tells CNBC that it's not their decision whether to buy the Nestle stake in L'Oréal as Nestle must decide if it wants to sell it.

  • How Google Earth surveillance will protect forests Monday, 19 Aug 2013 | 8:41 AM ET
    Logging in the Amazon is closely linked with road building.

    Nestlé and Unilever will soon be able to see what’s going on in any tropical forests in real-time, down to 1 meter. Is this the "good side" of the surveillance state?

  • Wake up and smell the coffee – market may perk up Wednesday, 14 Aug 2013 | 8:58 AM ET

    The global coffee market has been rather decaffeinated for the past couple of years, with prices falling to less than half their 2011 peak and the bean becoming the worst-performing soft commodity last year.

  • Europe shares close higher on strong China data Thursday, 8 Aug 2013 | 12:04 PM ET

    European shares closed higher on Thursday following better-than-expected trade numbers from China, signaling tentative signs of an economic recovery.

  • Nestle cuts full-year growth target on sluggish Europe Thursday, 8 Aug 2013 | 2:42 AM ET

    Underlying sales at Nestle grew 4.1 percent in the first half, missing forecasts and lagging growth of rivals Danone and Unilever, as price erosion continued in Europe.

  • Nestle cuts growth targets     Thursday, 8 Aug 2013 | 2:25 AM ET

    Jon Cox, head of Swiss research at Kepler Cheuvreux, tells CNBC that the problem for Nestle is the deceleration in emerging markets.

  • China fines milk powder makers for price fixing Wednesday, 7 Aug 2013 | 5:24 AM ET
    Dumex baby formula, which uses the New Zealand dairy company Fonterra as its raw material supplier, at a store in Yichang, in central China's Hubei province on August 5, 2013.

    China fined six companies including New Zealand dairy giant Fonterra a total of $110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers.

  • World's biggest dairy exporter issues botulism alert Saturday, 3 Aug 2013 | 4:51 AM ET

    New Zealand's Fonterra said it had found that an ingredient in its dairy products that contained a strain of a bacteria which can cause botulism, prompting China to recall affected products.

  • Pfizer earnings beat forecasts as it plans split Tuesday, 30 Jul 2013 | 6:09 AM ET

    Pfizer reported earnings slightly ahead of forecasts, as the largest U.S. drugmaker lines up a business split that could lead to the spin-off of its generics division.

  • Why consumer staples remain a good bet     Friday, 19 Jul 2013 | 3:05 AM ET

    Mark Howden, managing director at Nomura, explains why his "long term love affair" with consumer staples remains intact and why he is bearish on Nestle in the short term.

  • China Syndrome: Foreign crackdown no coincidence Friday, 12 Jul 2013 | 5:00 AM ET

    China is using "concerted" probes of foreign baby formula, pharmaceutical and packaging companies to bolster domestic firms, according to observers.

  • Chinese Shell Out Big Bucks for Imported Baby Goods Sunday, 7 Jul 2013 | 10:11 PM ET

    Chinese authorities are investigating a possible price-fixing for infant formula milk, as consumers pay premiums for imported products on fears that local ones may be contaminated.

  • Europe Shares Close Higher as Risk-On Rally Resumes Wednesday, 15 May 2013 | 11:07 AM ET

    European shares were higher in early afternoon trade on Wednesday despite preliminary growth data from the euro zone missing estimates.

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