Dan Loeb's Stake in Nestle Reveals a Whole Lot About Europe

Europe is coming back.
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Activist investor Dan Loeb's Third Point LLC took a $3.5 billion stake in Nestle (NSRGY) - Get Report .

"What [Loeb] is starting to say and what other people I think are starting to understand is that the economic situation in Europe is changing - turning for the better," said Kenny Polcari, director of equities at O'Neil Securities. 

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