|Day's range||87.48 - 88.95|
|52-week range||79.69 - 97.77|
|PE ratio (TTM)||31.14|
|Earnings date||30 Jul 2016 - 31 Jul 2016|
|Dividend & yield||2.40 (2.70%)|
|1y target est||90.29|
Maxwell House is launching MAX by Maxwell House, a new brand of coffee featuring MAX Boost, a first-of-its-kind product that lets you customize your daily cup of coffee with just the right amount of caffeine to help fuel your passions.
A soaring share price and changes in the works before the activist’s arrival mean smaller gains and more time to get them at Swiss food company.
LONDON/NEW YORK, June 26 (Reuters) - U.S. activist shareholder Third Point LLC has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens. Nestle shares jumped as much as 4.8 percent on Monday, touching a record high after Third Point disclosed its position late on Sunday in a letter to the hedge fund's investors. Third Point's 40 million shares - or 1.3 percent of the total - make it Nestle's eighth-largest shareholder, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.