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The rescue of two failing Italian lenders helped to lift European benchmarks higher Monday, with solid gains for lenders in Southern Europe in particular.
Third Point hedge fund turns up the heat in Switzerland
Daniel Loeb's Third Point is taking more than a 1% stake in Nestle, the Swiss food and beverage company.
U.S. stock futures point higher on Monday and European shares rise as Wall Street posts a slight rebound to end last week.
Japanese airbag maker Takata files for chapter 11 bankruptcy. The company faced billions of dollars in liabilities over its defective airbags.
L'Oreal shares hit an all-time high in the first hour of trading Monday, after activist investor Third Point called for Nestle to sell its substantial stake in the company.
Nestle shares surged after activist investor Third Point revealed it had built a stake in the group and pressed for asset sales in increased buybacks.
Here is your round-up of the financial news from around the world.
Nestle could be the next European firm in the cross-hairs of a U.S. activist after Dan Loeb's Third Point hedge fund pressed it to shed assets and increase share buybacks.
Nestle is looking to get in on the growing $10 billion online prepared meals market that is expected to grow more rapidly in the U.S.
U.S. stock futures are higher on Friday, ahead of data on the U.S. housing market and consumer sentiment, and as tech shares show signs of a slight rebound.
Nestle shares rose the most in more than a month Friday after the world's biggest food company said it may sell its U.S. confectionery business.
The brands for sale, including Crunch, Butterfinger and Raisinets, generated 2016 sales of about $741 million.
The unit had sales of around 900 million Swiss francs, or $922.89 million, in 2016.
TheStreet looks at who could fill Uber CEO Travis Kalanick's shoes amid reports that he is considering taking a leave of absence.
A British court has rejected another attempt by Nestle to trademark the shape of its iconic KitKat chocolate bar after judges upheld a challenge from rival Mondelez International.
The commitment to reduce calories by major candy making firms is expected to be completed within the next five years.
Premium pet food spending could top $13 billion over the next decade.
France's news political star has a lot more in common with Donald Trump than the right-wing rival the President endorsed last week.
Emmanuel Macron and Marine Le Pen are likely to advance to the second and final round of France's presidential elections in two week's time, according to early voting projections.
Unilever and Nestle hinted at slowing growth in U.S. markets Thursday even as the two brand giants posted better-than-expected first sales updates and improving price dynamics.
If you piece things together from what companies tell you, the picture is pretty positive.
Nestle SA posted slower-than-expected first quarter sales but held to its full year forecast for underlying revenue growth.
European stocks were mixed in the opening hour of Thursday trading amid a heavy slate of corporate earnings and cautious investor sentiment ahead of this weekend's presidential elections in France.
The Bettencourt family is the largest shareholder in the French cosmetics company L'Oreal.
Siemens, Nestle and Toyota are just some of the top dividend paying stocks from outside the U.S. investors should be thinking about.
Nestle Waters North America CEO Tim Brown will join Chobani later this month.
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