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Nestle SA (NESN.S)

NESN.S on Virt-X Level 1

80.96CHF
20 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Starbucks Raises Target For Cash Returned To Shareholders To $25 Bln Through FY2020
Tuesday, 19 Jun 2018 04:05pm EDT 

June 19 (Reuters) - Starbucks Corp ::STARBUCKS ANNOUNCES STRATEGIC PRIORITIES AND OPERATIONAL INITIATIVES TO ACCELERATE GROWTH AND CREATE LONG-TERM SHAREHOLDER VALUE.STARBUCKS CORP - RAISES TARGET FOR CASH RETURNED TO SHAREHOLDERS TO $25 BILLION THROUGH FY2020.STARBUCKS CORP - APPROVED A 20 PERCENT INCREASE IN COMPANY'S REGULAR QUARTERLY DIVIDEND AND DECLARED A CASH DIVIDEND OF $0.36 PER SHARE.STARBUCKS CORP - ANTICIPATES 1 PERCENT GROWTH IN COMPARABLE STORE SALES GLOBALLY IN Q3 FY18.STARBUCKS CORP - IN FY19, COMPANY EXPECTS NEWER DIGITAL INITIATIVES TO CONTRIBUTE ONE TO TWO POINTS OF COMP GROWTH IN U.S..STARBUCKS CORP - ANTICIPATES LOWER NET NEW STORE GROWTH IN U.S. FOR FY2019.STARBUCKS CORP - ACTIVELY EXPLORING STRATEGIC OPTIONS TO LICENSE COMPANY-OPERATED STORES IN OTHER APPROPRIATE MARKETS.STARBUCKS - ADDED 5 MILLION NEW DIGITALLY REGISTERED CUSTOMERS SINCE APRIL, 2 MILLION ACTIVE STARBUCKS REWARDS MEMBERS Y-O-Y TO 15 MILLION, UP 13 PERCENT.STARBUCKS CORP - THREE NEWER MAJOR DIGITAL INITIATIVES WILL CONTRIBUTE ABOUT 1-2% ATTRIBUTABLE COMPS IN FY19.STARBUCKS - INCREASING CLOSURE OF UNDERPERFORMING COMPANY-OPERATED STORES IN ITS MOST DENSELY PENETRATED MARKETS TO ABOUT 150 IN FY2019.STARBUCKS CORP - CO CONTINUES TO MAKE PROGRESS TOWARD CLOSURE OF GLOBAL COFFEE ALLIANCE DEAL WITH NESTLÉ.  Full Article

Nestlé Skin Health Announces FDA Approval Of Restylane Lyft For Correction Of Age-Related Volume Loss In Back Of Hands
Monday, 21 May 2018 08:30am EDT 

May 21 (Reuters) - Nestle SA ::NESTLÉ SKIN HEALTH ANNOUNCES THE FDA APPROVAL OF RESTYLANE® LYFT FOR HANDS, THE FIRST AND ONLY HYALURONIC ACID (HA) DERMAL FILLER FOR USE IN THE BACK OF HANDS.NESTLÉ SKIN HEALTH - U.S. FDA APPROVED RESTYLANE LYFT FOR CORRECTION OF AGE-RELATED VOLUME LOSS IN BACK OF HANDS FOR PATIENTS OVER AGE OF 21.  Full Article

Nestlé Canada Announces $51.5 Million Expansion Investment In London Ice Cream Factory
Friday, 2 Mar 2018 10:58am EST 

March 2 (Reuters) - Nestlé Canada::NESTLÉ CANADA ANNOUNCES $51.5 MILLION EXPANSION INVESTMENT IN LONDON ICE CREAM FACTORY.‍NESTLÉ CANADA - EXPANSION PLANS FOR $51.5 MILLION INVESTMENT TO INCREASE PRODUCTION CAPABILITIES AT LONDON ICE CREAM FACTORY ON WILTON GROVE ROAD​.  Full Article

Henkel CEO sees Price Pressure Remaining In Western Europe
Thursday, 22 Feb 2018 03:50am EST 

Feb 22 (Reuters) - Henkel Ag & Co Kgaa ::HENKEL CFO SAYS ACQUISITIONS REMAIN AN ESSENTIAL PART OF OUR STRATEGY.HENKEL CEO SAYS EXPECTS PRICE PRESSURE TO REMAIN IN WESTERN EUROPE, SEES ONGOING TENSION WITH RETAILERS.  Full Article

Steve Presley Named Market Head And CEO Of Nestlé USA
Tuesday, 20 Feb 2018 12:00pm EST 

Feb 20 (Reuters) - Nestlé USA::NESTLÉ USA SAYS STEVE PRESLEY NAMED MARKET HEAD AND CEO OF NESTLÉ USA AS PAUL GRIMWOOD IS APPOINTED NON-EXECUTIVE CHAIRMAN​.  Full Article

Nestle declines to comment on interest in Pfizer, Merck units
Thursday, 15 Feb 2018 04:48am EST 

Feb 15 (Reuters) - Nestle Sa ::CEO SAYS NO COMMENT ON INTEREST IN PFIZER, MERCK CONSUMER HEALTH UNITS, BUT IS GENERALLY INTERESTED IN EXPANDING ITS CONSUMER HEALTH BUSINESS.ZONE AMERICAS HEAD SAYS EXPECTS TO SEE LIMITED PRICE INCREASES IN THE U.S. THIS YEAR, COUNTS ON VOLUME GROWTH TO DRIVE IMPROVEMENT IN ORGANIC GROWTH.  Full Article

Nestle CEO Expects Issues Affecting Growth In Q4 To Be Transitory, Expects Improvement In 2018‍​
Thursday, 15 Feb 2018 02:07am EST 

Feb 15 (Reuters) - Nestle Sa ::CEO SAYS EXPECTS ISSUES AFFECTING GROWTH IN Q4 TO BE TRANSITORY, EXPECTS IMPROVEMENT IN 2018‍​.CEO SAYS IT'S PRUDENT AT THIS STAGE TO LEAVE WIDER BAND FOR GROWTH FORECAST FOR THE YEAR, WILL NARROW IT DOWN AS YEAR PROGRESSES.CEO SAYS FOCUS OF PORTFOLIO MANAGEMENT THIS YEAR ON SMALL TO MID-SIZED DEALS, BUT DOES NOT RULE OUT BIGGER DEALS.CEO SAYS EXPECTS VOLUME GROWTH TO AGAIN BE THE DRIVER THIS YEAR.  Full Article

EDPR Secures 50 MW Long-Term Contract In US
Monday, 12 Feb 2018 12:00pm EST 

Feb 12 (Reuters) - EDP RENOVAVEIS SA ::SECURES 50 MW LONG-TERM CONTRACT IN US.CONTRACT SECURED WITH NESTLÉ TO SELL ENERGY PRODUCED FROM MEADOW LAKE VI WIND FARM.  Full Article

Nestlé In The U.S. In Partnership With EDP Renewables Announced A 15-Year Power Purchase Agreement
Monday, 12 Feb 2018 11:46am EST 

Feb 12 (Reuters) - Nestlé In The U.S.::NESTLÉ IN THE U.S. SAYS IN PARTNERSHIP WITH EDP RENEWABLES ANNOUNCED A 15-YEAR POWER PURCHASE AGREEMENT.NESTLÉ IN THE U.S. SAYS POWER PURCHASE AGREEMENT WILL PROVIDE ABOUT 80 PERCENT OF ELECTRICITY LOAD FOR FIVE NESTLÉ FACILITIES IN SOUTHEASTERN PENNSYLVANIA.NESTLÉ IN THE U.S. SAYS THROUGH POWER PURCHASE AGREEMENT, EDPR WILL EXPAND CAPACITY OF ITS MEADOW LAKE VI WIND FARM IN BENTON COUNTY, INDIANA.NESTLÉ IN THE U.S. SAYS CONSTRUCTION ON EXPANSION PROJECT WILL BEGIN IN NEXT TWO MONTHS, AND FACILITY WILL BE FULLY OPERATIONAL AT END OF 2018.  Full Article

Ferrero Says To Acquire Nestlé's Manufacturing Facilities In Bloomington, Franklin Park & Itasca
Tuesday, 16 Jan 2018 12:06pm EST 

Jan 16 (Reuters) - Ferrero Group: :FERRERO - TO ACQUIRE NESTLÉ'S U.S. MANUFACTURING FACILITIES IN BLOOMINGTON, FRANKLIN PARK AND ITASCA, ILLINOIS.FERRERO GROUP SAYS TO ACQUIRE MORE THAN 20 AMERICAN BRANDS, INCLUDING BRANDS SUCH AS BUTTERFINGER, BABYRUTH, 100GRAND, RAISINETS, WONKA.  Full Article

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Palm oil sustainability group reinstates Nestle membership

KUALA LUMPUR Nestle's membership in the Roundtable on Sustainable Palm Oil (RSPO) has been reinstated three weeks after it was suspended, according to a joint statement issued by the company and the industry watchdog.