NSRGY News and Press, Nestle SA ADR Reg Shs Ser B From 05/24/22

The Federal Trade Commission (FTC) has launched an inquiry into the ongoing infant formula shortage in the country, seeking information on any unfair business practices aimed at exploiting the consumers, the agency announced on Tuesday. "We have been monitoring and will continue to ...

Nestle SA (OTCPK:NSRGY) +1.5% on Monday said its Nestle Health Science unit has reached a deal to acquire Brazilian plant-based food maker Puravida, Reuters reported. The Swiss company said that it sees Puravida's portfolio as complementary to its own, noting it already sells nutrit...

Dan Loeb's 13F portfolio value decreased from $14.33B to $7.68B this quarter. The number of positions decreased from 92 to 75. Third Point added CSX & Alcoa while dropping Accenture and Upstart Holdings. They also increased EQT Corporation and Zendesk while reducing Amazon.com and...

French food and beverage company Danone S.A. (OTCQX:DANOY) (OTCQX:GPDNF) has increased its shipments of infant formula to the U.S. from Europe as the country grapples with a baby formula shortage worsened by a recent product recall of Abbott (ABT), Reuters reported on Friday. Early ...

Rondure Global Advisors is a women-owned investment adviser focused on high-quality equity investing for the long-term. We are deeply client-focused and actively cost-conscious, as we are heavily invested alongside our clients for the long haul. We are consciously articulating portfol...

The tobacco industry stays on top of the sector regarding valuation and quality scores. Food and staples retail is the most overvalued industry. KXI, a global alternative to XLP. 8 stocks cheaper than their peers in May. For further details see: KXI: Consumer Staples...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron International Growth Fund (the “Fund”) declined 14.64% (Institutional Shares) during the first quarte...

Strong results in FY 2021 despite supply challenges, and receding pandemic-fueled tailwinds. Long-term initiatives aim to increase wallet share, boost top line and margins. Strong results so far, but competitive risks could dampen future results. For further details see: ...

Nestlé (OTCPK:NSRGF) (OTCPK:NSRGY) is shipping via air its Gerber Good Start Extensive HA produce in the Netherlands and Alfamino made in Switzerland to address an ongoing baby formula shortage in the U.S. The Swiss company has also ramped up production of baby formula, The Wall Str...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Abbott Laboratories (NYSE: ABT ) has reached a deal with the U.S. Food and Drug Administration that allows it to restart its baby formula manufacturing plant The development should help to alleviate a shortage of b...