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NSRGY

Nestle

$83.25

1.585 (1.94%)

, LRLCY

L'Oreal

$43.92

0.51 (1.17%)

06:23
02/15/18
02/15
06:23
02/15/18
06:23

Nestle says does not intend to increase stake in L'Oreal

Nestle (NSRGY) says: "Our shareholding in L'Oreal (LRLCY) continues to be an important investment for us and we remain committed to the company that has given us very good returns over the years. We have full confidence in L'Oreal's management and strategic direction. The shareholders agreement between Nestle and the Bettencourt family is due to expire on March 21, 2018. In order to maintain all available options for the benefit of Nestle's shareholders, the Board of Directors has decided not to renew this agreement. We do not intend to increase our stake in L'Oreal and are committed to maintaining our constructive relationship with the Bettencourt family."

NSRGY

Nestle

$83.25

1.585 (1.94%)

LRLCY

L'Oreal

$43.92

0.51 (1.17%)

  • 19

    Feb

NSRGY Nestle
$83.25

1.585 (1.94%)

11/21/17
WELS
11/21/17
NO CHANGE
WELS
Nestle acquisition of Hain makes sense, says Wells Fargo
Wells Fargo analyst John Baumgartner believes a Nestle (NSRGY) acquisition of Hain Celestial (HAIN) would make sense. Bloomberg last night reported that Nestle is among the companies exploring a purchase of Hain. Nestle would likely be a good fit for Hain's baby food, skin care and tea businesses, Baumgartner told investors earlier in a research note. The analyst sees "tax leakage" as a headwind for any deal and keeps a Market Perform rating on Hain with a $38 price target.
10/13/17
CHLM
10/13/17
NO CHANGE
Target $7
CHLM
Buy
Market just beginning to recognize Codexis opportunity, says Craig-Hallum
Craig-Hallum analyst Matt Hewitt says Codexis (CDXS) has a "unique proprietary CodeEvolver protein engineering platform" that is being sought by large pharma names, citing yesterday's announcement of a partnership with Nestle (NSRGY). Hewitt says that despite the recent stock price appreciation, the increasing value of the company's development pipeline suggests the markets is just starting to recognize the opportunity. The analyst has a Buy rating and a $7 price target on the stock.
10/04/17
MSCO
10/04/17
NO CHANGE
Target $62
MSCO
Overweight
'Third Wave' coffee shops still too small to hurt Starbucks, says Morgan Stanley
Morgan Stanley analyst John Glass said the emergence of more "Third Wave" coffee shops have fueled competitive fears for Starbucks (SBUX), but he contends that the absolute numbers of specialty chains with 10 or more units remain small and most data sources show smaller chains and independents are flat to slightly declining in number. Recent high profile investments in specialty coffee, such as JAB's purchases of Stumptown and Intelligentsia and Nestle's (NSRGY) majority stake in Blue Bottle, are making headlines, but the brands' competitive relevance may be overstated, Glass tells investors. The analyst, who added that the last time McDonald's (MCD) pushed into specialty coffee it had "no discernable negative impact on Starbucks, and arguably even a positive one," keeps an Overweight rating and $62 price target on Starbucks shares.
08/16/17
PIPR
08/16/17
NO CHANGE
Target $92
PIPR
Neutral
Kraft Heinz could have interest in Nestle divestitures, says Piper Jaffray
Piper Jaffray analyst Michael Lavery expects Kraft Heinz (KHC) to pursue further consolidation, likely in packaged food, and believes potential divestitures from Nestle (NSRGY) could fit the company's criteria well. Such a deal could boost Kraft's international scale and provide synergy savings in its U.S. frozen supply chain, the analyst tells investors in a research note. He maintains a Neutral rating on Kraft Heinz shares with a $92 price target.
LRLCY L'Oreal
$43.92

0.51 (1.17%)

12/11/17
GSCO
12/11/17
UPGRADE
GSCO
Buy
L'Oreal upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs Fulvio Cazzol upgraded L'Oreal to Buy with a price target of EUR 210.
07/25/17
JEFF
07/25/17
INITIATION
JEFF
Hold
L'Oreal initiated with a Hold at Jefferies
Jefferies analyst Martin Deboo started L'Oreal with a Hold rating and EUR 205 price target.
07/20/17
STFL
07/20/17
DOWNGRADE
STFL
Hold
L'Oreal downgraded to Hold from Buy at Stifel
Stifel analyst Mark Astrachan downgraded L'Oreal based on valuation.
02/17/17
RBCM
02/17/17
NO CHANGE
Target $105
RBCM
Outperform
Edgewell Personal Care remains takeout target, says RBC Capital
After Kraft Heinz (KHC) confirmed it had approached Unilever (UN, UL) with a merger proposal, RBC Capital analyst Nik Modi says the news come as a surprise, but does not warrant a change in his Edgewell Personal Care (EPC) takeout thesis. The analyst reiterates an Outperform rating on the latter's shares, with a $105 price target, on improving margin and revenue profile and the prospects of a takeout in the next 12-16 months, with Unilever as one of the more likely buyers. Other potential suitors include Kimberly-Clark (KMB), Beiersdorf, Henkel, Johnson & Johnson (JNJ), Colgate-Palmolive (CL), Church & Dwight (CHD), L'Oreal (LRLCY), and Kao, he adds.

TODAY'S FREE FLY STORIES

09:59
03/22/19
03/22
09:59
03/22/19
09:59
General news
S&P down 1% in early trade as yield curve inverts, EU data disappoints »

The major averages opened…

CHGG

Chegg

$39.29

-0.365 (-0.92%)

09:59
03/22/19
03/22
09:59
03/22/19
09:59
Hot Stocks
Chegg drops after Citron calls 'poster child' for academic cheating »

Shares of Chegg are…

03/08/13
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03/06/13
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NOK

Nokia

$5.89

-0.37 (-5.91%)

09:56
03/22/19
03/22
09:56
03/22/19
09:56
Options
Nokia option volume spikes as shares decline on compliance headlines »

Nokia option volume…

03/08/13
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  • 20

    May

VTR

Ventas

$64.28

0.56 (0.88%)

, CAG

Conagra Brands

$26.16

0.34 (1.32%)

09:55
03/22/19
03/22
09:55
03/22/19
09:55
Options
Early notable gainers among liquid option names on March 22nd »

Notable gainers among…

VTR

Ventas

$64.28

0.56 (0.88%)

CAG

Conagra Brands

$26.16

0.34 (1.32%)

EQR

Equity Residential

$74.88

0.6675 (0.90%)

HCP

HCP

$31.83

0.18 (0.57%)

ETR

Entergy

$95.63

0.75 (0.79%)

03/08/13
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03/08/13
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03/06/13
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  • 22

    Mar

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    Mar

  • 01

    May

09:55
03/22/19
03/22
09:55
03/22/19
09:55
General news
U.S. March Markit manufacturing PMI fell 0.5 ticks to 52.5 »

U.S. March Markit…

09:55
03/22/19
03/22
09:55
03/22/19
09:55
Conference/Events
UBS alternative energy analyst to hold an analyst/industry conference call »

Alternative Energy…

FITB

Fifth Third

$25.12

-0.31 (-1.22%)

09:52
03/22/19
03/22
09:52
03/22/19
09:52
Upgrade
Fifth Third rating change  »

Fifth Third upgraded to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 16

    Apr

  • 23

    Apr

CHGG

Chegg

$39.01

-0.645 (-1.63%)

09:52
03/22/19
03/22
09:52
03/22/19
09:52
Hot Stocks
Breaking Hot Stocks news story on Chegg »

Chegg drops 2% to $38.68…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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CHGG

Chegg

$39.01

-0.645 (-1.63%)

09:51
03/22/19
03/22
09:51
03/22/19
09:51
Periodicals
Breaking Periodicals news story on Chegg »

Citron Research says…

03/08/13
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03/06/13
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09:50
03/22/19
03/22
09:50
03/22/19
09:50
Conference/Events
Stephens financial analysts to hold a luncheon meeting »

Analysts hold a…

09:50
03/22/19
03/22
09:50
03/22/19
09:50
Hot Stocks
Breaking Hot Stocks news story  »

Liberty TripAdvisor…

WSM

Williams-Sonoma

$59.48

0.26 (0.44%)

09:50
03/22/19
03/22
09:50
03/22/19
09:50
Options
In-the-money call buyers in Williams Sonoma at the opening bell »

In-the-money call buyers…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 02

    Apr

  • 03

    Apr

09:50
03/22/19
03/22
09:50
03/22/19
09:50
General news
U.S. existing home sales preview: »

U.S. existing home sales…

GTLS

Chart Industries

$94.49

(0.00%)

09:46
03/22/19
03/22
09:46
03/22/19
09:46
Recommendations
Chart Industries analyst commentary  »

Chart Industries'…

03/08/13
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  • 18

    Apr

  • 28

    May

09:45
03/22/19
03/22
09:45
03/22/19
09:45
Hot Stocks
Breaking Hot Stocks news story  »

Liberty TripAdvisor…

09:45
03/22/19
03/22
09:45
03/22/19
09:45
General news
U.S. wholesale trade preview: »

U.S. wholesale trade…

09:45
03/22/19
03/22
09:45
03/22/19
09:45
General news
Wholesale Trade Inventories to be reported at 10:00 »

January Wholesale Trade…

09:45
03/22/19
03/22
09:45
03/22/19
09:45
General news
Existing Home Sales to be reported at 10:00 »

February Existing Home…

ZUO

Zuora

$24.34

(0.00%)

, NKE

Nike

$88.05

(0.00%)

09:40
03/22/19
03/22
09:40
03/22/19
09:40
Options
Unusually active option classes on open March 22nd »

Unusual total active…

ZUO

Zuora

$24.34

(0.00%)

NKE

Nike

$88.05

(0.00%)

TIF

Tiffany

$100.07

(0.00%)

NOK

Nokia

$6.26

(0.00%)

TME

Tencent Music

$17.44

(0.00%)

MRVL

Marvell

$20.80

(0.00%)

BBY

Best Buy

$70.56

(0.00%)

TWTR

Twitter

$32.61

(0.00%)

AAPL

Apple

$195.07

(0.00%)

PBR

Petrobras

$17.05

(0.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 22

    Mar

  • 22

    Mar

  • 25

    Mar

  • 25

    Mar

  • 27

    Mar

  • 04

    Apr

  • 04

    Apr

  • 04

    Apr

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    Apr

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    Apr

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    Apr

  • 20

    May

MDT

Medtronic

$92.09

0.83 (0.91%)

09:37
03/22/19
03/22
09:37
03/22/19
09:37
Conference/Events
Medtronic management to meet with UBS »

Meeting to be held in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 26

    Mar

  • 18

    May

  • 28

    May

LC

LendingClub

$3.00

0.065 (2.22%)

09:35
03/22/19
03/22
09:35
03/22/19
09:35
Conference/Events
LendingClub management to meet with UBS »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

    Mar

  • 01

    Apr

  • 02

    Apr

  • 28

    May

GVA

Granite Construction

$45.76

0.39 (0.86%)

09:34
03/22/19
03/22
09:34
03/22/19
09:34
Recommendations
Granite Construction analyst commentary  »

MKM Partners lowers…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 22

    Mar

PPC

Pilgrim's Pride

$21.32

0.71 (3.44%)

09:34
03/22/19
03/22
09:34
03/22/19
09:34
Hot Stocks
Pilgrim's Pride says Jayson Penn to succeed Bill Lovette as CEO »

Pilgrim's Pride…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 01

    May

KR

Kroger

$24.33

0.35 (1.46%)

09:33
03/22/19
03/22
09:33
03/22/19
09:33
Conference/Events
Kroger management to meet with UBS »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 26

    Mar

EXPE

Expedia

$124.13

1.56 (1.27%)

09:30
03/22/19
03/22
09:30
03/22/19
09:30
Recommendations
Expedia analyst commentary  »

Expedia RNG trending in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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