Nestlé's full-year profit disappoints despite higher prices
By Peter Nurse Investing.com -- Nestlé (SIX:NESN) {{erl-334||reported weaker than expected full-year net profit Thursday, as the world's largest food producer struggled to pass on higher...
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European stocks higher; positive corporate earnings boost sentiment
By Peter Nurse Investing.com - European stock markets traded higher Thursday, as investors assessed the strength of the global market while digesting a deluge of mostly healthy corporate...
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Nestle sees 'robust' growth this year, after profit falls in 2022
Nestle sees 'robust' growth this year, after profit falls in 2022
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Dow Jones Newswires: Nestle reports 2022 profit drop, but sees ‘robust’ growth in the year ahead
Nestle's sales increased to CHF94.42 billion in the year from CHF87.09 billion previously.
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Nestle full year profit misses forecasts despite price increases
ZURICH (Reuters) -Nestle reported weaker than expected full year net profit despite the world’s biggest food group passing on higher raw material costs by hiking prices for customers.
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Nestle to pay ex manager $2.2 million over bullying case – Tages-Anzeiger
ZURICH (Reuters) – Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying while working at the company,...
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Nestle to hike food prices further in 2023, CEO says
(Reuters) – Nestle will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive Mark...
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Nestle to invest $100 million in Colombia, says Colombia president
BOGOTA (Reuters) – Nestle is set to invest $100 million over the next three years in its Colombia operations, President Gustavo Petro said on Friday, part of his push to boost...
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Nestle to start strategic review of peanut allergy treatment
By Scott Kanowsky Investing.com -- Nestle SA (SIX:NESN) has announced that it will begin exploring "strategic options" for its peanut allergy treatment following slower-than-anticipated...
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Musk says Twitter’s blue check verification to relaunch in late-Nov
By Ambar Warrick Investing.com-- Elon Musk said on Wednesday that Twitter’s Blue Verified feature will relaunch on November 29, after the social media platform paused the subscription...
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Nestle India Earnings, Revenue beat In Q3
Investing.com - Nestle India reported on Wednesday third quarter {{erl-30059||earnings that beat analysts' forecasts and revenue that topped expectations. Nestle India announced earnings...
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Netflix and Tesla Earnings, SPR Release, Housing Starts - What's Moving Markets
By Geoffrey Smith Investing.com -- Netflix stock jumps as the streaming giant returns to subscriber growth. Tesla earnings are also expected to have rebounded after a tricky second quarter....
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European Stocks Largely Flat; Hot U.K. Inflation Negates Corporate Confidence
By Peter Nurse Investing.com - European stock markets fluctuated around the flat line Wednesday, with the recent positive tone punctured by hotter-than-expected U.K. inflation which...
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Nestlé Posts 'Resilient' Nine-Month Sales Volumes Despite Price Hikes
By Scott Kanowsky Investing.com -- Nestlé SA (SIX:NESN) has reported positive nine-month sales volumes despite supply chain issues and ongoing product price rises in response to soaring...
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Diageo Slips on Cautious Outlook Despite Solid Start to New Fiscal Year
By Geoffrey Smith Investing.com -- Shares in Diageo (LON:DGE) slipped on Thursday as the market looked through a broadly solid trading update to focus on the drinks group's warnings...
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Food Makers Invest in Factories Amid Inflation
By Liz Moyer Investing.com -- Food companies are taking a lesson from the supply chain issues of the pandemic and investing in new and bigger factories to make everything from pizza rolls to...
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Big companies manage to pass on soaring costs to cash-strapped consumers
By John Revill ZURICH (Reuters) -Makers of chocolate bars and coffee to lawn mowers and industrial robots succeeded in passing on soaring costs to consumers, first-quarter earnings showed...
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Nestle, tobacco groups, gamemaker Sony join move away from Russia
(Reuters) - Nestle, Philip Morris (NYSE:PM) and video gamemaker Sony joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West...
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