NSRGY News and Press, Nestle SA ADR Reg Shs Ser B From 06/01/23

2023-06-01 13:01:15 ET After a nearly 42% gain over the past 12 months, Eli Lilly ( NYSE: LLY ) has dethroned Johnson & Johnson ( NYSE: JNJ ) as the world's most valuable drugmaker amid prospects for its experimental therapies targeted at Alzheimer's disease and obesit...

2023-05-31 11:30:49 ET Summary Tweedy Browne's 13F portfolio value decreased by 2% from $1.88B to $1.84B in Q1 2023, with the number of holdings decreasing from 45 to 44. The largest position is Berkshire Hathaway, accounting for 20% of the portfolio, followed by Alphabet, Johnson...

2023-05-30 03:22:04 ET Nestlé ( OTCPK:NSRGY ) said Tuesday François-Xavier Roger, EVP and CFO, will step down to pursue other opportunities after eight years with the company. Anna Manz, current CFO of London Stock Exchange ( OTCPK:LDNXF ), will join Nestlé...

2023-05-27 22:32:21 ET Summary Nestle published its Q1-23 revenue numbers, beating analysts' consensus and demonstrating its pricing power with resilient demand for its products despite ongoing price increases. Organic growth reached 9.3%, as a 9.8% price contribution was slightly...

22nd Annual Purina Cares Day Featured Food Distribution to People and Pets In-Need, Service Projects Throughout St. Louis and Across the Country PR Newswire Thousands of Purina associates took part in the company's annual day of service in 18 cities across the US ...

2023-05-24 05:37:42 ET The U.S. Federal Trade Commission (FTC) is probing if baby-formula makers colluded on bids for attractive state contracts, the Wall Street Journal reported. The FTC investigating to see if Abbott Laboratories ( NYSE: ABT ) and other formula make...

2023-05-17 13:23:04 ET Summary The EU's German-dominated exports-based economy was based on cheap intermediary goods from Eastern Europe, cheap gas, and a cheap euro currency constantly weighed down by Mediterranean eurozone economies. Within a year, it lost the cheap gas, it is l...

2023-05-15 08:57:02 ET Swiss drugmaker Novartis ( NYSE: NVS ) named a 10-member board on Monday for its Sandoz generics drug business ahead of its planned spinoff in H2 2023. The team led by Sandoz Chairman-designate Gilbert Ghostine is expected to begin preparatory work in June...

2023-05-14 06:57:39 ET Summary WisdomTree International Quality Dividend Growth Fund holds global dividend stocks with quality and growth characteristics. It is well-diversified across countries and sectors, but it is quite concentrated in the top holdings. Historical performa...

2023-05-08 13:47:35 ET With concerns about the economy and interest rates encouraging a defensive approach, consumer staples have represented the best-performing segment within the S&P 500 over the past month. Given this upswing, which names provide the best prospects for further return...