Cocoa advanced to the highest price in at least 21 years in London on speculative buying because of low stockpiles.
Nestle SA , the world’s largest food company, may say tomorrow that the Swiss franc’s strength reduced first-quarter revenue by the most in more than eight years, threatening a decline in annual earnings.
Hermes International SCA stock is just like its $7,000 Birkin bags: expensive.
Aryzta AG , a Swiss supplier of bakery products to restaurants, advanced the most in more than five months in Zurich trading after saying fiscal first-quarter sales gained 33 percent.
Nestle SA , the world’s largest food company, said it will “substantially” reduce net debt after completing the sale of 52 percent of eye care specialist Alcon Inc. to Novartis AG for $28.3 billion.
"Sales were ahead of expectations and the moderation of organic growth decline is confirming our positive view of the acquisitions."
- Claudia Lenz on Nov 29, 2010