Third Point Reinsurance Ltd (TPRE.N)
16 Feb 2018
VEVEY, Switzerland, Feb 15 Food giant Nestle expects organic sales to grow 2-4 percent this year, it said, after they rose a mere 2.4 percent in 2017, their weakest gain in more than two decades, and a goodwill impairment on its skin health business hit net profit.
NEW YORK, Feb 14 In late 2017, several well-known hedge funds made bets on companies selling goods considered non-essential by consumers and on companies processing raw materials, according to filings with the U.S. Securities and Exchange commission published on Wednesday.
* THIRD POINT TAKES SHARE STAKE OF 2 MILLION SHARES IN NETFLIX - SEC FILING
* Pressure on Nestle from Daniel Loeb (Updates shares, adds details on Nestle)
LONDON/FRANKFURT The sale of Merck KGaA's consumer health unit has been thrown off track after Nestle has pulled out, leaving the race to buy the maker of Seven Seas vitamins without its main contender, sources familiar with the matter told Reuters.
Dan Loeb's activist hedge fund Third Point LLC is taking a position in Pinnacle Foods Inc and is seeking a meeting with the U.S. packaged food company, people familiar with the matter said on Friday.
PARIS Swiss food group Nestle said on Friday it planned to cut as many as 400 jobs in France in support services and HQ functions, as it sees to cut cost and boost efficiency, confirming a media report.[nL4N1PK5VH]
PARIS, Jan 26 Swiss food group Nestle said on Friday it planned to cut as many as 400 jobs in France in support services and HQ functions, as it sees to cut cost and boost efficiency, confirming a media report.
BOSTON Billionaire investor Daniel Loeb praised food group Nestle's chief, but is keeping up the pressure with demands that the company move faster to overhaul its strategy.
BOSTON, Jan 22 Billionaire investor Daniel Loeb praised consumer company Nestle's chief but is keeping up the pressure with demands that the company move faster in overhauling its strategy.
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