Shares in Swiss-based food group Nestle surged on Thursday following a broker upgrade and after L'Oreal, the French cosmetics firm in which Nestle owns 21 percent, said it would pursue a share buyback plan.
IBT Staff Reporter
Jun 28, 2007
1Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.
IBT Staff Reporter
Aug 23, 2006
Switzerland's Nestle bought U.S. weight-loss company Jenny Craig for around $600 million, it said on Monday, expanding its high-margin nutrition and health business.
IBT Staff Reporter
Jun 19, 2006
The world's biggest food group Nestle is buying Kraft Foods' North American frozen pizza business for $3.7 billion and ruled out an offer for Cadbury , it said on Tuesday.
IBT Staff Reporter
Jan 05, 2000
