Nestle SA

Nestlé SA is a nutrition, health, and wellness company, which engages in the business of manufacturing, supplying, and producing prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods, and cereals. It operates through the following segments: Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nestlé Health Science; and Nespresso. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.

Nestle said on Wednesday it would sell Pure Life and some other struggling North American water brands to two private equity firms for $4.3 billion, as the food giant doubles down on its premium offerings including Perrier. The sale, to One Rock Capital Partners and Metropoulos & Co, includes brands such as Poland Spring, Deer Park, Ozarka, Ice Mountain, Zephyrhills, Arrowhead, and Splash, as well as US office beverage delivery service ReadyRefresh.

Nestle will sell several water brands, including Pure Life and Poland Spring, to 2 private equity firms for $4.3 billion

Nestle SA said on Wednesday it will sell its North American water brands including Pure Life and Poland Spring to private equity firm One Rock Capital Partners and Metropoulos & Co for $4.3 billion.

Nestle to sell N.American water brands to buyout firm One Rock for $4.3 billion

NEW YORK, Feb. 16, 2021 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock") announced that one of its affiliates, in partnership with Metropoulos & Co., has entered into a definitive agreement to purchase Nestlé Waters North America ("NWNA" or the "Company"), a leading provider of...

One Rock Capital Partners and Metropoulos & Co. to Acquire Nestlé Waters North America

Nestlé continues strategic transformation of water business, agrees on sale of Nestlé Waters North America brands

Nestlé is coming out with a new version of its iconic KitKat bar — and it will be missing a key ingredient. Nestlé is launching a plant-based version of the 86-year-old milk chocolate bar called KitKat V that won't contain milk any other dairy products, the company said Monday.

Nestlé to launch a new, vegan version of its KitKat bar

Nestlé (Pink: NSRGY) is planning to premiere a vegan version of its KitKat chocolate bar. What Happened: The new product, called KitKat V, will be introduced later in the year in selected countries through the company's online KitKat Chocolatory and selected retailers.

Nestlé To Roll Out Vegan Version Of KitKat Chocolate Bar

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.

Nestlé: Long-Term Growth Prospects Solid

Nestle said on Tuesday its Gerber baby cereal products made and sold in China are safe and it had reported to authorities an association that advised its members, in a post on social media, to stop selling the products.

Nestle says Gerber products in China are safe, rejects group's post

STAMFORD, Conn., Jan. 28, 2021 /PRNewswire/ -- Nestlé Waters North America (NWNA) today announced that it received a score of 100 percent on the Human Rights Campaign Foundation's 2021 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate...

Nestlé Waters North America Earns Top Marks in Human Rights Campaign's 2021 Corporate Equality Index

B&G Foods

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Target

E-commerce has been driving grocery sales during the pandemic, which has been helping companies like Target Corporation (TGT), The Hain Celestial Group (HAIN) and BG Foods (BGS)

Online Grocery Sales to Grow on Coronavirus Fears: 4 Winners

Nestlé Prepared Foods is recalling about 762,615 pepperoni Hot Pocket products because they may contain "pieces of glass and hard plastic," the USDA said.  The problem was discovered when Nestle received four consumer complaints of "extraneous material in the pepperoni hot pocket product," the USDA's Food Safety and Inspection Service said. One person suffered a minor mouth injury from eating the contaminated Hot Pocket, the agency said.

Nestle recalls more than 760,000 pounds of Hot Pockets because they might contain bits of plastic and glass

Alibaba

The Tweedy Browne (Trades, Portfolio) Global Value Fund recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

Top 4th-Quarter Trades of the Tweedy Browne Global Value Fund

IDEXX Laboratories

PetMed Express

Zoetis

Rising pet ownership rates and a steadily increasing average household spending provide a powerful tailwind to this investment theme. Pet food, animal health, veterinary equipment, and specialized e-commerce are all fields prone to profit from the secular growth trend.

Growth In Pet Spending Is Off The Leash, Here Is How To Profit From It

Recent pullback in share price (10+% in the Swiss listing) has created an attractive entry level for the stock. CEO Mark Schneider has brought about a focus on speed and a sense of urgency that permeates throughout the organization.

Nestle: Speed, Balance, And Growth

Nestle is famous for its strong upscale brands, but the stock is also priced that way. At current levels, I would expect a 5% long-term return from investing in Nestle which is not bad considering the zero interest rate environment.

Nestle Stock Intrinsic Value - High Quality Business

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PayPal

SolarEdge Technologies

First Republic

Here's 9 ways investors should protect themselves with long-term stocks while the rest of the market is partying like it's 1999. The post 9 Long-Term Stocks for the Next Decade appeared first on InvestorPlace.

9 Long-Term Stocks for the Next Decade

Aimmune Therapeutics

VEVEY, Switzerland & LONDON--(BUSINESS WIRE)--European Commission Approves Aimmune's PALFORZIA® as First-Ever Treatment for Peanut Allergy in the EU

European Commission Approves Aimmune's PALFORZIA® as First-Ever Treatment for Peanut Allergy in the EU

BioNTech SE

Celldex Therapeutics

Co-Diagnostics

Cardiff Oncology

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Moderna

Novavax

Trillium Therapeutics

Vaxart

The highest performers of the year are biotechs fighting COVID-19 and cancer. Are they still buys for 2021?

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Two decades of bullish price action in NSRGY. A socially responsible Swiss company.

Nestle - A Trend That Reflects Demographics

The company is spending over half a billion on expanding its pet food manufacturing.

Nestle Takes Aim at the Booming Pet Food Market With a Big New Factory

STAMFORD, Conn., Dec. 10, 2020 /PRNewswire/ -- Nestlé Waters North America (NWNA) has invested in Timeplast, a Florida-based startup that is researching solutions for one of the critical aspects of the global plastic waste challenge – plastic that isn't properly recycled and ends up in...

Nestlé Waters North America Invests in Startup Timeplast to Explore Alternative Packaging Technologies

Keurig Dr Pepper Inc

Restaurant Brands

Starbucks

J. M. Smucker

These are the coffee stocks with the best value, fastest growth, and most momentum for Q1 2021.

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Nestle launched its plant-based Harvest Gourmet brand in China on Wednesday, moving into the country's meat substitute industry that has seen a surge of interest from investors and brands over the past year.

Nestle launches plant-based Harvest Gourmet brand in China

Novartis

SAP SE

According to the All-in-One Screener, a Premium feature of GuruFocus, four German and Swiss companies with at least four gurus owning shares are Novartis AG (XSWX:NOVN)(NYSE:NVS), Nestle SA (XSWX:NESN), SAP SE (XTER:SAP)(NYSE:SAP) and Cie Financiere Richemont SA (XSWX:CFR).

4 Central European Stocks Broadly Owned by Gurus

Coca-Cola

PepsiCo

Companies accused of “zero progress” on reducing plastic waste, with Coca-Cola ranked No 1 for most littered products

News for Nestle SA Stock (NSRGY)