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Nestle SA

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  • 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
     Nestle cuts growth targets

    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
    Why consumer staples remain a good bet

    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.

  • Families Edging Out Private Equity in Consumer Deals Tuesday, 14 May 2013 | 6:54 AM ET

    Family-run firms are shaking up the consumer deals market, squeezing out private-equity firms and forcing them to change strategy.

  • Indonesian Consumers Yield Growth for Investors Sunday, 12 May 2013 | 6:43 AM ET
    A shopper picks up two boxes of PT Indofood at a supermarket in Jakarta.

    Slower economic growth is dulling the outlook for equities, but consumer sector stays appealing in the long term.

  • Europe Shares Close Mixed: US Data Knocks Sentiment Thursday, 18 Apr 2013 | 12:00 PM ET

    European shares closed mixed on Thursday, after a rally in technology shares was curbed when Nokia released disappointing earnings. Yet more weak U.S. data also weighed on investor sentiment.

  • Nestle Sales Growth Hit by Middle East Thursday, 18 Apr 2013 | 1:57 AM ET

    Sales growth at food group Nestle slowed to 4.3 percent in the first quarter, as demand in emerging markets slowed further and cold spring weather hit bottled water and ice-cream sales.

  • JAB to Buy Douwe Egberts Firm for $10 Billion Friday, 12 Apr 2013 | 7:41 AM ET
    Douwe Egberts

    German investor Joh A Benckiser (JAB) is to buy the owner of Douwe Egberts coffee in a 7.5-billion-euro ($9.8 billion) deal to create a global hot drinks empire.

  • Global Growth Creates US Jobs: General Mills CEO Thursday, 11 Apr 2013 | 3:54 PM ET
    Cheerios

    The "astonishing" growth of the middle class in emerging markets is benefiting General Mills and creating jobs in the U.S., CEO Ken Powell told CNBC's "Street Signs" on Thursday.

  • Horse Meat Applicant’s Food Safety Is Questioned Thursday, 14 Mar 2013 | 8:54 AM ET

    The New Mexico company, Valley Meat, drew complaints over a two-year period from federal inspectors and state regulators over its disposal of remains when it processed cattle for beef. The New York Times reports.

  • World's Largest Wealth Fund Halves Holding of Gilts Friday, 8 Mar 2013 | 4:50 PM ET

    Norway's oil fund almost halved its exposure to UK and French government bonds last year while increasing it to debt from the US, Japan and Germany. The FT reports.

  • Horse Meat Plant May Be Coming to America—Soon Friday, 1 Mar 2013 | 9:23 AM ET

    The USDA is likely to approve a horse slaughtering plant in New Mexico in the next two months, which would allow equine meat suitable for human consumption to be produced in the United States for the first time since 2007. The NY Times reports.

  • Nestle's CEO Paul Bulcke speaks during the general meeting of one of the world's leading food and beverage company, Nestle Group, in Lausanne, Switzerland.

    Low consumer confidence in Europe will remain a drag on profits for Nestle , chief executive Paul Bulcke told CNBC on Thursday after group said it expected 2013 to be as challenging as 2012.

  • Nestle CEO: Confident Despite Slow Growth   Thursday, 14 Feb 2013 | 4:00 AM ET
    Nestle CEO: Confident Despite Slow Growth

    Paul Bulcke, CEO of Nestle, tells CNBC that he is confident of building on a 'broad base' of growth, despite Nestle reporting their slowest annual growth rate in three years on Thursday.