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.

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

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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

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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).

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Shares of Nestle (SIX: NESN) are trading around 2.5% in the red this week to penetrate the key short-term support near the 100 mark.  Fundamental analysis: Nestle makes net-zero emissions commitment Nestle, one of the world's biggest food producers, said it will invest 3.2 billion Swiss francs to hit its target of net-zero emissions by 2050.

Nestle stock price hits 8-month lows

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Nestle said on Thursday it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years to reduce its climate impact and help it get to net zero emmissions by 2050.

Nestle to invest 3.2 billion Sfr to cut carbon emmissions

This press release is also available in Français (pdf) and Deutsch (pdf)

Focusing on regenerative agriculture and moving to renewable electricity, Nestlé redoubles efforts to combat climate change

ARLINGTON, Va., Dec. 3, 2020 /PRNewswire/ -- Nestlé today defined its detailed, time-bound plan to achieve net zero greenhouse gas (GHG) emissions. The phased approach aims to halve the company's emissions by 2030 and realize net zero by 2050. To accomplish this, Nestlé will accelerate...

Nestlé U.S. Accelerates Path Towards a Sustainable Future, Announces New Projects and Brand Commitments on its Journey to Net Zero

U.S. Supreme Court justices on Tuesday appeared wary of barring lawsuits against American companies over alleged human rights abuses abroad but signaled they could toss out a case accusing Cargill Inc and a Nestle SA subsidiary of knowingly helping perpetuate slavery at Ivory Coast cocoa farms.

U.S. Supreme Court justices question human rights claims against Nestle and Cargill

Nestlé agrees to sell Yinlu peanut milk and canned rice porridge businesses to Food Wise Co., Ltd.

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Changes in the Executive Board of Nestlé S.A.

Nestle's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protein sources.

Nestle using insect protein in Purina pet food

Eating more at home has become a hallmark of life during the pandemic, and many food companies, from big brands to local grocers and meal kit makers, have reaped the rewards of that shift. But as the pandemic set in earlier this year, Freshly CEO Michael Wystrach saw a twist on that opportunity: Providing premade, heat-and-eat meals to people working from home in lieu of their office cafeterias and buffets.

Nestle is betting Freshly, it's recent $1.5 billion acquisition, will replace the office lunch for the growing remote workforce

Global food giant Nestle ADR (Pink: NSRGY) said Friday that it reached a deal to acquire Freshly, a fresh prepared meal delivery company. What Happened: Freshly delivers fresh, chef-cooked meals to customers across the U.S. with a mission of "breaking down the barriers to healthy eating by delivering nutrition and convenience at scale.

Nestle Buys Prepared Meal Delivery Service Freshly: What You Need To Know

ST. LOUIS, Nov. 2, 2020 /PRNewswire/ -- Nestlé Purina PetCare today announced that effective January 1, 2021, Joseph R. Sivewright will transition from his position as Chief Executive Officer, Nestlé Purina PetCare for the Americas, and will be appointed Chairman. Succeeding Sivewright...

Nestlé Purina PetCare Announces Leadership Transition

Solid Q3 performance, reassuring future outlook. Nestle is making the most aggressive reshaping in its recent history.

Nestle: Titanic Navigating Rough Seas

Nestlé has purchased Freshly in a deal that values the meal delivery platform at $950 million, with possible earnouts of as much as $550 million pursuant to the successful expansion of the business. The deal was inked and closed on Friday (Oct. 30), according to a press release.

Nestlé Buys Meal Delivery Platform Freshly In Deal Valued At $950M

Nestlé USA just announced that it has acquired Freshly for $1.5 billion — $950 million plus potential earnouts of up to $550 million based on future growth. Freshly is a New York City-based startup that offers healthy meals that can be prepared in a few minutes via microwave or oven, delivered to your home in […]

Nestlé acquires healthy meal startup Freshly for up to $1.5B

Nestlé USA acquires Freshly, a pioneer in healthy prepared meals

The plastic is made by bacteria and will break down in your home compost bin, a landfill, or even the ocean. A new bottle in development for Bacardi looks like ordinary plastic.

News for Nestle SA Stock (NSRGY)