Nestle Confirms Targets After Rivals Warn
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Nestle confirmed its 2004 guidance on  Tuesday, a day after competitors Unilever and Colgate-Palmolive  cast doubts over the consumer goods industry's outlook by  issuing profit warnings.
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PepsiCo Inc., the world&#39;s second-largest carbonated soft-drink maker, reaffirmed its outlook for 2005 Thursday after rival Coca-Cola Co.
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U.S. health regulators have warned Swiss food group Nestle over its Good Start Infant Formula with Iron after a sample failed to meet proper nutrient levels, according to a letter released on Tuesday.
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TORONTO, Nov. 28 -- Regulators have launched an investigation into allegations that the Canadian divisions of Nestle, Cadbury, Hershey and others have teamed up in a price-fixing scheme in the multibillion-dollar Canadian business of chocolate bars, company officials confirmed Wednesday.
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Officials say new labeling rules will alert consumers to food products containing Monsanto's NK603.
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The consumer products conglomerate warns of lowers sales and profits.
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Food watchdogs have issued urgent warnings to consumers and caterers in a bid to halt salmonella outbreaks linked to Spanish eggs.
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Nestle reported record full-year profit of 9.2 billion Swiss francs (5.7 billion euros, 7.4 billion dollars) on Thursday, driven by acquisitions and research and development.
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Nestle SA, the world's biggest food and drink company, said Thursday its 2006 profit rose 14 percent after the company restructured some parts of the business and increased prices.
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Nestle SA posted a modest 2 percent increase in profits for the first half of the year as it faced such challenges as higher prices for raw materials like milk and coffee as well as cooler temperatures,which ...
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Nestle SA, the world's largest foodmaker, may buy baby-food company Gerber Products from Swiss drugmaker Novartis AG for as much as $5 billion, according to a published report.
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MELBOURNE (Dow Jones)--Takeover target National Foods Ltd. (NFD.AU) on Monday reiterated its opposition to a hostile bid from its biggest shareholder, New Zealand&#39;s Fonterra Co-operative Group Ltd.
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Johnson Matthey led the gainers in London on Thursday amid reports that the platinum specialist could be a target for a US chemical group.
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Cadbury Schweppes, the confectionery to soft drinks group, followed rivals such as Unilever and Coca-Cola yesterday in admitting the poor summer had taken its toll on its sales, knocking its shares.
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Takeover target National Foods came in for a stinging attack yesterday from Fonterra strategy director Graham Stuart. In an aggressive move aimed at lowering market expectations of what Fonterra
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Sainsbury could be bracing itself for a possible takeover attempt from Permira equity group, a press report claims.
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Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.