"NESN's turnaround is a work in progress, and expectations were too elevated..."

(Bloomberg) -- Nestle SA is selling half of its water business for €3 billion ($3.4 billion) in cash as the Swiss food company’s volume growth disappointed investors in the first…

(Bloomberg) -- Nestle SA reported weaker volumes in North America, disappointing shareholders betting on a turnaround under Chief Executive Officer Philipp Navratil and sending…