NSRGY News and Press, Nestle SA ADR Reg Shs Ser B From 02/18/21

Gardner Russo & Gardner’s 13F portfolio value increased from $10.29B to $11.02B. Russo decreased MasterCard while increasing Comcast Corp during the quarter. The top three 13F stakes are Berkshire Hathaway, Mastercard, and Nestle. They add up to ~41% of the portfolio. ...

Nestlé S.A. (NSRGY): FY Non-GAAP EPS of CHF4.21; GAAP EPS of CHF4.30.Revenue of CHF84.34B (-8.9% Y/Y) misses by CHF610M.Organic revenue +3.6%, estimate +3.51%.Underlying trading operating profit margin 17.7% vs. 17.6% Y/Y, estimate 17.9%.Net profit margin increased by 90 basis points to ...

Nestle (OTC: NSRGY) announced on Tuesday that it is selling its North American water business to One Rock Capital Partners and Metropoulos & Co. for $4.3 billion. Brands being shed in the sale include Poland Spring, Deer Park, Ozarka, and Pure Life, along with four others. T...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Bitcoin goes to the moonThe blistering rally in Bitcoin (BTC-USD) is continuing this morning, as the crypto tacked on another $1,500, a day after breaking ...

Nestlé (NSRGY) agrees to sell its regional spring water brands, purified water business and beverage delivery service in the U.S. and Canada to One Rock Capital Partners in partnership with Metropoulos & Co. for $4.3B.The company says its international premium brands including Perrie...

This article derives from a close friend's request to put together a portfolio from scratch; it forced me to consider just how strongly I feel about my current views. Most of us have portfolios constructed over time; starting from zero generates questions about allocation, diversifica...

Nestlé has continued to show strong growth across key business segments such as pet care. Additionally, the company is expanding its footprint across the healthy prepared meals segment across the U.S. division. I continue to remain long the stock. For further details se...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

The fund holds a meaningful allocation to international investments with potential due to better valuations. ETW utilizes an options strategy of covered calls at nearly 100% of the portfolio being overwritten, meaning it is about as defensive as it can be with covered calls. The f...

Nestlé (NSRGY) says that its Gerber baby cereals made in China are safe - a pushback against social media posts this weekend sharing a notice from a Chinese association advising members to stop selling the products. Nestlé has reported that group, the Maternal and Child Industry Com...