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.

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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Experts are forecasting declining birth rates this year as a result of the coronavirus pandemic, according to the Wall Street Journal.

Makers of diapers and baby formula brace for lower sales as pandemic leads to decline in births

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

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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.

Pepsi, Nestlé, and Bacardi are all using this new plastic-like packaging that's compostable anywhere

Shares of Nestle (SIX: NESN) have fallen almost 2% this week despite the better-than-expected Q3 results. Nestle stock price is now heading towards an important support.

Should I invest in Nestle stock in November?

But unlike its CPG rivals, Nestlé doesn't have any cleaning or disinfecting brands

Nestlé Posts Its Strongest Quarterly Growth In Six Years

Nestle took a cautious approach when raising its 2020 guidance to around 3% organic sales growth to have some downward protection in volatile times, the food group's chief executive told an analyst call on Wednesday.

Nestle says raised full-year guidance offers downward protection

Nestle raised its guidance for organic sales growth to around 3% for 2020 on Wednesday after posting better-than-expected growth of 4.9% for the third quarter driven by strong demand for pet food and health products.

Nestle raises full-year guidance after third-quarter sales beats poll

Nestlé reports nine-month sales for 2020

Nestle has kicked off the sale of its North American water brands including Pure Life and Poland Spring, according to four sources familiar with the matter, as the world's largest food group continues to exit slow-growth businesses.

News for Nestle SA Stock (NSRGY)