Nestle posts strong Q1 growth from emerging markets

Nestle , the world's biggest food group, reported forecast-beating first-quarter organic sales growth of 7.2 percent on Friday as emerging market demand and price rises helped offset sluggish growth in the developed world.

US Stock Index Futures Point To Lower Open

Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.1 percent and 0.2 percent at 6:47 a.m. EDT (1047 GMT).

Medical Test Patents Rejected By Supreme Court

The Supreme Court rejected two patents on a method for monitoring a patient's blood to determine the best dosage for a drug, a decision that may affect the profitability of personalized medicine.

Chicken Jerky Dog Treats Linked to Illness: 3 Important Questions Answered

Since 2007 the FDA has been warning pet owners about products that have been causing dogs to become ill. The administration discovered that the number of complaints against a chicken jerky dog-treat product from China was once again rising in 2011. In their third caution since 2007, the FDA is continuing to investigate the illnesses as well as the origins. The FDA does acknowledge that not all of the reported illnesses may stem from the consumption of chicken jerky.

Porn Domain on Internet Touches Alarm Buttons

Within three months of the launch of the Internet pornography domain .xxx, 10 cases have been launched against Web pirates registering sites on it using the names of reputable companies and people, insiders said on Monday.

Starbucks Plans Europe Push via Instant Coffee, New Stores: Report

Starbucks Corp. (Nasdaq: SBUX), the world's biggest coffeehouse chain, plans to grab market share from Switzerland-based food giant Nestle SA in the area of instant coffee and increase the number of Starbucks stores in Germany to more than 1,000 from 150, the Financial Times Deutschland reported Friday.

Starbucks targets Nestle market share: report

U.S.-based Starbucks Corp is planning to strengthen its presence in Europe and grab market share from Switzerland's Nestle in the area of instant coffee, its chief executive told a German newspaper.


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Nestle cautious on 2012 as it seeks new growth

Nestle echoed the cautious outlook for 2012 of other global food makers on Thursday as it said it was banking on new markets and products to put it ahead of the field after it posted forecast-beating 2011 sales growth.
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Coke, Nestle part ways on tea in U.S., elsewhere

JAN 6 - Coca-Cola Co and Nestle SA said on Friday that Coke's license for the Nestea ready-to-drink tea brand would expire at the end of this year and that the companies' tea joint venture would now focus on Europe and Canada.