{
}
In 2025, the Swiss economy is projected to grow slightly, with GDP growth revised to 1.5%. The financial sector is recovering post-Credit Suisse crisis, while the pharmaceutical industry faces uncertainties due to potential U.S. drug pricing changes. The food sector must navigate rising commodity prices and shifting consumer demands, particularly in chocolate.
Trading activity is subdued ahead of the Christmas holidays, with many market participants taking a break. The Dow is up 13% this year, while the Nasdaq 100 has nearly doubled that gain, despite Walmart shares dropping over 3% due to a lawsuit. Oil prices fell as the dollar strengthened, impacting crude costs.
Nestlé's stock recently hit a new 52-week low, trading at $81.18, with analysts maintaining an average "Hold" rating. While some firms have upgraded their ratings, others have downgraded, reflecting mixed sentiments among analysts. Institutional investors have shown varied interest, with several increasing their stakes in the company.
Nestlé has launched Boost Pre-Meal Hunger Support, a 45-calorie whey protein solution aimed at reducing appetite and promoting weight loss by increasing natural GLP-1 production. While positioned as a cost-effective alternative to GLP-1 medications like Ozempic, experts caution that its effectiveness is limited compared to these powerful drugs. The product taps into the growing weight-loss market, projected to exceed $150 billion by the decade's end.
Nestlé has completed a CHF20 billion share buyback program, purchasing 187.4 million shares since January 2022 at an average price of CHF106.74. The company has already canceled 14 million shares in 2022, 80 million in 2023, and plans to address the remaining 43.5 million shares at the 2025 Annual General Meeting.
Zomato has become the first new-age company to join the Sensex, replacing JSW Steel, and now holds a 2.77% weightage, ranking 12th among the 30 components. With a market cap of Rs 2.64 trillion, it surpasses major brands like Hindustan Unilever and Nestlé, and its stock has surged 3.6 times since its IPO in July 2021. Analysts anticipate further stock value increases due to upcoming index rebalancing events.
Nestlé has completed its 20 billion Swiss franc share buyback program, having repurchased 187.4 million shares since January 2022 at an average price of 106.74 francs. As of now, nearly 14 million shares have been cancelled at the 2022 AGM, with additional cancellations planned for the 2023 and 2024 AGMs, leaving 43.5 million shares pending decision at the 2025 AGM.
Zomato has surpassed Hindustan Unilever (HUL) and Nestle in the Sensex, achieving a weightage of 2.77%. This milestone reflects Zomato's growing prominence in the market as it continues to gain traction among investors.
The Asia Pacific Probiotic Supplements Market is projected to grow from USD 1,705.3 million in 2023 to USD 5,817.0 million by 2030, achieving a CAGR of 18.7%. This growth is driven by increasing health consciousness, the rise of lifestyle-related health issues, and expanding distribution channels. Key players include Nestle, Danone, and Yakult, with market dynamics influenced by cultural preferences and regulatory challenges across the region.
The Global Snack Bars Market is projected to grow from $25.4 billion in 2024 to $37.8 billion by 2032, with a CAGR of 5.1%. Key drivers include the rising demand for healthy snacks and functional foods, while challenges involve market competition and fluctuating raw material prices. Major players include Nestlé, Mars, and Kellogg's, with North America and Europe leading in market share, while Asia Pacific and Latin America are the fastest-growing regions.
Nestlé S.A.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
swiss economy faces challenges in tourism finance and watchmaking sectors
United States Dollar
Novartis AG
Credit Suisse High Yield Bond Fund, Inc.
Hoffmann-La Roche AG
Nestlé S.A.
CHE
Bjorn Sibbern
Stefan Brupbacher
Jean-philippe Bertschy
Show more
09:25 27.12.2024
trading activity slows ahead of christmas as markets prepare for new year
Euro
United States Dollar
Japanese Yen
Swiss Franc
Walmart Inc.
Relief Therapeutics Holding SA
Micron Technology, Inc.
Eli Lilly and Company
Novartis AG
Tether USDt CNY
WISeKey Internat.Holding Ltd. N
USD/AMD
Broadcom Inc.
Qualcomm Inc
RumbleOn, Inc.
Apple Inc.
Arm Holdings plc
Hoffmann-La Roche AG
Nestlé S.A.
Eli Lilly
Show more
07:03 27.12.2024
nestlé stock hits new low as analysts issue mixed ratings
23:23 24.12.2024
nestlé launches protein shots as a budget-friendly alternative to weight loss drugs
United States Dollar
Nestlé S.A.
Del Monte Pacific Limited
CHE
Christine Byrne
Tami Smith
Stefan Palzer
Bibie Wu
Daniel Atkinson
Show more
13:00 24.12.2024
Nestlé completes 20 billion Swiss franc share buyback program
10:10 24.12.2024
Zomato joins Sensex surpassing major brands in significant market milestone
18:46 23.12.2024
Nestlé completes 20 billion Swiss franc share buyback program successfully
18:40 23.12.2024
Zomato surpasses HUL and Nestle in Sensex weightage
13:34 23.12.2024
asia pacific probiotic supplements market projected to grow significantly by 2030
United States Dollar
Nestlé S.A.
Yakult Honsha Co.,Ltd.
Church & Dwight Co., Inc.
Danone S.A.
Show more
13:26 23.12.2024
global snack bars market poised for growth driven by health trends
United States Dollar
Euro
General Mills, Inc.
Nestlé S.A.
Hormel Foods Corp
Mondelez International, Inc.
Bruno Mars
Harry Styles
Show more
12:26 23.12.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Domestic Politics
Banking Regulations
Global Financial Events
Retail and Consumer Goods
CEO Changes
Government Policies
Workplace Trends
Elections & Campaigns
Market Analysis and Predictions
Central Bank Actions
Startups & Entrepreneurship
Global Trade Developments
Hedge Funds & Private Equity
Supply Chain Management
Banking & Investment Regulations
Countries:
Companies:
Tesla, Inc.
UniCredit S.p.A.
Banco BPM S.p.A.
Deutsche Bank Money Market PP
JPMorgan Chase & Co.
Barclays PLC
Credit Suisse Strategic Income I
Apple Inc.
CREDIT AGRICOLE
SpaceXCoin USD
Lloyds Banking Group plc
BNP Paribas SA
Amazon.com, Inc.
The Goldman Sachs Group, Inc.
UBS Group AG
Credit Agricole
Banco Santander, S.A.
Reinsurance Group of America, Incorporated
Google Inc.
Amundi S.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Offshore Chinese Yuan
Hong Kong Dollar
Norwegian Krone
Filipino Peso
Canadian Dollar
Singapore Dollar
Australian Dollar
Danish Krone
Swedish Krona
Mexican Peso
Qatari Riyal
South African Rand
People: