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Nestle SA

Nestle CEO replacement not such a bad thing for investors: Analyst

by Walter Watson
Nestle CEO replacement not such a bad thing for investors: Analyst

Bars of original KitKat chocolate, produced by Nestle SA. Jason Adlen | Bloomberg | Getty Images LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with …

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Buy these stocks instead, wealth manager says

by Ron Morgan
Buy these stocks instead, wealth manager says

The so-called “Magnificent Seven” were among the hottest stocks last year, but one wealth manager says they are “wildly overvalued” and has his sights elsewhere. “There is a possibility that …

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Wegovy, Ozempic, Mounjaro weight loss drugs spawn new products

by Akin Smith
Wegovy, Ozempic, Mounjaro weight loss drugs spawn new products

Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity.  Nurphoto | Getty Images LONDON — The rapid rise of weight loss drugs like Wegovy and Mounjaro …

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Nestle CEO discusses impact of weight loss drugs on food industry

by Akin Smith
Nestle CEO discusses impact of weight loss drugs on food industry

A picture taken on February 21, 2024 show the logo of Swiss food giant Nestle on the company’s headquarters in Vevey, western Switzerland. Fabrice Coffrini | Afp | Getty Images …

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Nestle to launch Vital Pursuit frozen food for GLP-1 users

by Anas Siddiqui
Nestle to launch Vital Pursuit frozen food for GLP-1 users

Vital Pursuit’s Garlic Herb Grilled Chicken Bowl Source: Nestle North America Nestle is launching a new frozen-food brand, Vital Pursuit, aimed at the growing market of consumers who are using …

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Weight-loss drugs could hit these 2 Swiss chocolate makers Vontobel

by Walter Watson
Weight-loss drugs could hit these 2 Swiss chocolate makers Vontobel

A new class of highly effective weight loss medications could deal a blow to several major Swiss food companies while benefiting others, according to Vontobel. The drugs, which imitate the …

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GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons

by Walter Watson
GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024.  Staff | Reuters Over the last 12 months, just 11 stocks …

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GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons

by Akin Smith
GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024.  Staff | Reuters Over the last 12 months, just 11 stocks …

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Inflation vs. deflation: Retailers fear falling prices

by Anas Siddiqui
Inflation vs. deflation: Retailers fear falling prices

A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in …

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Oprah’s flip on weight loss drugs is a sign of what’s to come for the ‘Ozempic trade’ in 2024

by Akin Smith
Oprah’s flip on weight loss drugs is a sign of what’s to come for the ‘Ozempic trade’ in 2024

For many struggling with obesity, new medications have been “a gift,” as Oprah Winfrey recently described it in declaring she was “done with the shaming.” Investors in drug manufacturers Novo …

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