1. Nestle Counts on Better Second Half to Keep Third Point at Bay

    Nestle Counts on Better Second Half to Keep Third Point at Bay

    ZURICH (July 26): Food giant Nestle said it expects an improvement in sales and profitability in the second half of 2018 as it seeks to assuage activist shareholder Third Point, with its infant formula business helping second-quarter results. Packaged food groups have seen sales slow as health-conscious consumers switch to fresh, local foods...

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    1. Nestle's improving measures are starting to kick in and materialise in both growth and returns development.
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