NSRGY News and Press, Nestle SA ADR Reg Shs Ser B From 07/29/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hershey’s (NYSE: HSY ) stock rose almost 2.5% July 29 after it announced that it may come up short on Halloween candy. But that wasn’t why investors were snapping up the stock, which is up 19% in a year ...

DBV Technologies is a French company traded on Nasdaq which is developing treatments for food allergies. Their technology is a patch that delivers a very small daily dose of the allergen to desensitize the patient. The company previously received a CRL due to issues with the adhes...

The U.S. Food and Drug Administration (FDA) plans to announce measures to support foreign makers of baby formula to stay in the U.S. market for the long-term in response to a nationwide shortage, the federal agency said on Wednesday. The closure of a key manufacturing plant of Abbot...

Morgan Stanley is cautious on the European consumer staples sector and warns that the Q2 share price strength is unlikely to last forever with investors already bidding up the defensive names. The firm thinks the sector's high relative valuations do not price in the risk of weaker consumer de...

Tweedy, Browne’s 13F portfolio value decreased from $3.15B to $3.10B this quarter. They added Ionis Pharma and Thor Industries and increased Intel while decreasing AutoZone, Cisco Systems, and Carlisle Companies. Alphabet at ~19% of the portfolio is the largest position. ...

Benefit corporations are a new form of business and increasing in number on the market. Similar to ESG metrics, these companies often take it many steps further in regards to positivity. The business structure allows some profits to be syphoned away towards beneficial endeavors, w...

In the current market and macro environment, it might be a good advice to look at strong consumer brands in the food industry. I like Nestle as the company ranks as the world’s largest food conglomerate with strong international presence and brand equity. Nestle has proven ...

Nestlé has a defensive product volume mix, making it a useful hedge in a downturn. The company has shown good ability to raise prices and protect margins. The group has a consistent dividend growth and is reasonably valued. For further details see: Nestlé: The ...

Seres Therapeutics reports new data concerning safety and effectiveness of SER-109 for treating recurrent C.difficile infection. This completes Seres package for BLA (Biologics License Application) to the FDA. If successful SER-109 would be the first microbic drug to receive BLA a...

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 ...