Today in the city Clarks Point 20.07.2017
Nestle plans $20.8 billion share buyback after Third Point pressure

Nestle plans to buy back as much as $20 billion worth of shares by June 2020, the Swiss food giant said on Tuesday as it responds to pressure brought by U.S. activist shareholder Third Point.



TSA agent finds 20-pound lobster in luggage and it was surprisingly cooperative

On this edition of "what the hell are you trying to get through airport security," a TSA agent at Boston Logan airport came across a surprising passenger. SEE ALSO: 'Louie' the 132-year-old lobster fr...


Over Dead Bodies? Third Point Calls On Nestlé To Drop Longtime L'Oréal Link

Third Point calls on Nestlé to divest its l'Oréal stake and break-open a decades-old alliance. The Swiss group needs to reaffirm the value of this stake for the future but not hurry any steps until th...


20-Pound Live Lobster Found in Luggage at Boston Airport

The Transportation Security Administration says a roughly 20-pound live lobster was spotted in a person's luggage at Boston's Logan International Airport.



Daniel Loeb's Third Point buys stake in Nestle, with holding valued at around $3.4 billion

Third Point hedge fund on Sunday unveiled a substantial Nestle stake and advised the company to shed its L'Oreal stake.


ROLLERCOASTER: Everything that has happened to the pound in the year since the Brexit vote

LONDON — Friday marked exactly one year since Britain went to the polls and voted to leave the European Union, shocking the world and causing a market meltdown the scale of which had not been si...



Panda mania hits Germany as China's cuddly envoys arrive

Germany was bracing for panda mania as furry ambassadors arrive from China on Saturday, destined for a new life as stars of Berlin's premier zoo. The pair, named Meng Meng and Jiao Qing, will be jett...


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