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Analysts at Citi said in a note Wednesday that Cocoa markets are up 150% year-on-year and 60% year-to-date to a record price range of around $6,500/t. The rise has weighed on stocks such as Hershey...
Investing.com - RBC Capital Markets upgraded its investment stance on Nestle (SIX:NESN), saying the Swiss food conglomerate has not suddenly become a bad company despite its poorly received full-year...
Facing historic inflation levels, Nestle reported a 7.8% organic sales growth over the first three quarters of 2023, slightly below the expected 8.1%. The Swiss food and beverage giant's sales for...
Investing.com -- Shares in Nestle (SIX:NESN) edged down on Friday, approaching a more than two-year low, as investors reportedly fretted over how the food and drink giant could be impacted by a new...
Carrefour (EPA:CARR), the second-largest grocer in France, has started placing warning labels on certain products in response to the ongoing issue of "shrinkflation," where manufacturers reduce...
Investing.com - European stock markets weakened Thursday, with sentiment hit by fresh signs of slowing growth, both locally and in China, as well as worries about future Federal Reserve tightening. At...
Investing.com - U.S. stock futures were trading in a mixed fashion on Wednesday evening, following mixed trade among major averages after the Federal Reserve decided to hike rates by a further 25...
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