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Nestle SA (NESN.S)

NESN.S on Virt-X Level 1

84.30CHF
15 Dec 2017
Change (% chg)

CHF-0.70 (-0.82%)
Prev Close
CHF85.00
Open
CHF85.10
Day's High
CHF85.45
Day's Low
CHF84.00
Volume
27,454,800
Avg. Vol
5,424,337
52-wk High
CHF86.40
52-wk Low
CHF71.45

Latest Key Developments (Source: Significant Developments)

Nestle exec says Atrium will add to earnings immediately
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Nestle Sa ::NESTLE EXEC SAYS ATRIUM INNOVATION ACQUISITION WILL ADD TO EARNINGS.NESTLE EXEC SAYS 80 PERCENT OF ATRIUM'S FOOTPRINT IS IN USA.NESTLE EXEC SAYS ATRIUM HAS BEEN GROWING AT A DOUBLE DIGIT RATE AND WILL CONTINUE TO DO SO.  Full Article

Nestle close to buying Atrium Innovations for about $2.3 bln - WSJ
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - :NESTLE CLOSE TO BUYING ATRIUM INNOVATIONS FOR ABOUT $2.3 BILLION - WSJ.  Full Article

Nestle is among potential suitors for Hain Celestial - Bloomberg
Monday, 20 Nov 2017 

Nov 20 (Reuters) - :Nestle is among potential suitors for Hain Celestial - Bloomberg, citing sources.Nestle has held preliminary talks about purchasing all or parts of Hain Celestial - Bloomberg, citing sources.  Full Article

Nestle among potential bidders for Hain Celestial- CNBC
Monday, 20 Nov 2017 

Nov 20 (Reuters) - :Nestle among potential bidders for Hain Celestial- CNBC, citing report‍​.  Full Article

Galderma reports FDA approval of restylane silk
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Nestle SA ::Galderma announces FDA approval of restylane® silk as the first ha dermal filler approved for injection via cannula.Galderma - received U.S. Food and drug administration approval for use of a small blunt tip cannula with restylane silk for lip augmentation​.  Full Article

Codexis Inc, Nestlé Health Science enter strategic collaboration​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Codexis Inc :Codexis Inc - ‍co, Nestlé Health Science enter strategic collaboration​.Codexis Inc - ‍Codexis receives an upfront payment of $14 million and potential milestones and royalties depending on product success for deal​.Codexis Inc - deal ‍includes an option for global development of CDX-6114 for PKU​.Codexis Inc - ‍Codexis will be responsible for clinical development costs for CDX-6114 up to and including Phase 1 in healthy volunteers​.Codexis - after ‍phase 1, Nestlé health science will have option to obtain exclusive global license to CDX-6114.Codexis - after ‍Phase 1, Nestlé health science will be responsible for all future development and commercialization of CDX-6114​.  Full Article

Nestle has no comment on Pfizer's consumer healthcare business
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Nestle SA :Nestle declines comment on any interest in Pfizer's consumer healthcare business, says does not comment on rumours as a matter of policy.  Full Article

Nestlé USA acquires minority interest in Freshly
Tuesday, 20 Jun 2017 

June 20 (Reuters) - Nestlé USA : :Nestlé USA acquires minority interest in freshly.Nestlé USA - as part of agreement, Nestlé USA's food division president Jeff Hamilton joins Freshly's board of directors.Nestlé USA - investment by Nestlé will help to fund Freshly's construction of a new east coast kitchen and distribution center in 2018.  Full Article

Nestle sees stable trading operating profit margin in 2017 - slides
Thursday, 16 Feb 2017 

Nestle SA : Nestle says at least 200 basis points structural cost savings target by 2020 - partial reinvestment to drive organic growth - slides .Nestle says – increased restructuring cost of around chf 500 mio in 2017 to drive future profitability; as a result, stable trading operating profit margin in 2017 - slides.  Full Article

Fitch downgrades Nestle to 'AA', outlook stable
Tuesday, 23 Aug 2016 

Fitch On Nestle : Fitch downgrades Nestle to 'AA'; outlook stable . Downgrade reflects slower deleveraging than previously expected and credit metrics that are more consistent with a 'AA' rating .Expects Nestle to continue its consistent performance and to deliver organic growth of around 4% for 2016.  Full Article

Photo

Chinese tourists raid Danish supermarkets for infant milk powder

COPENHAGEN Following a string of food safety scandals, Chinese tourists visiting Copenhagen have this year stocked up on Danish-made organic infant milk formula, prompting some supermarkets to limit the number of cans each customer can buy.