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Nestle sales growth slows but company sticks to forecast

Nestle, the world's biggest food group, reported a slowdown in core sales growth in the first quarter as a strong Swiss franc weighed, but reiterated its full year target despite the global slowdown.

Nestle Q1 organic sales up, repeats outlook

Nestle , the world's biggest food group, reported a 3.8 percent rise in first-quarter organic sales, in line with analyst forecasts, and reiterated its outlook for 2009 despite the slowdown.

UBS shareholders called on to reject new pay system

Shareholder advocacy group Ethos on Wednesday called for UBS shareholders to reject a new pay system at an AGM on April 15, saying it could still lead to big bonuses that drive risk taking.

Nestle '08 sales growth beats goal, confident for '09

Nestle reported strong underlying 2008 sales growth of 8.3 percent and said it was cautiously upbeat for 2009, unlike some rivals, and would push cheaper products to cope with the downturn.

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Nestle Posts Rise in 1st-Half Profits

1Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.

Nestle Buys Jenny Craig Diet Firm for $600 Million

Switzerland's Nestle bought U.S. weight-loss company Jenny Craig for around $600 million, it said on Monday, expanding its high-margin nutrition and health business.

Nestle buys Kraft pizza business for $3.7 billion

The world's biggest food group Nestle is buying Kraft Foods' North American frozen pizza business for $3.7 billion and ruled out an offer for Cadbury , it said on Tuesday.