New look for Nestle?
Article Abstract:
Nestle has seen a rise in its share price with a 7% rise in a single weekin Jul 1996. There is speculation that the company may make a major announcement such as the disposal of a stake in L'Oreal, a beauty products concern. Other speculation centers on the possible disposal of Nestle's pet foods interests. There have also been rumors of a share buy-back. The group may simply benefit from favorable changes in exchange rates and the price cycle for coffee.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Philip Morris
Article Abstract:
US tobacco and food concern Philip Morris saw better performance than expected in 1994, and analysts now believe that predictions about the impact of legal action were exaggerated. It achieved a 17% rise in net earnings, and is benefiting from strong demand in the worldwide tobacco industry. Tobacco operating income rose 19.6%, while profits at Miller Brewing Co were up 17%.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Nestle
Article Abstract:
Swiss firm Nestle is the world leader in food and drink sales, with sales of USDlr49 bil and 500 plants in 80 countries. Nestle's history, management, performance figures and future prospects are discussed.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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