Nestle's sales below goal
Nestle SA, the world's biggest food company, reported nine-month sales that were below its full-year target rate. Revenue gained 4.4 per cent excluding acquisitions, divestments and currency swings, Nestle said.
American Express profit up
American Express Co reported a third-quarter profit that beat analysts' estimates as customer spending climbed. Net income rose 9.3 per cent to $1.37 billion, or $1.25 a share, from $1.25 billion, or $1.09, in the same period a year earlier, the company said on Wednesday. Net revenue rose 5.6 per cent to $8.3 billion.
Nestle SA, the world's biggest food company, reported nine-month sales that were below its full-year target rate. Revenue gained 4.4 per cent excluding acquisitions, divestments and currency swings, Nestle said.
American Express profit up
American Express Co reported a third-quarter profit that beat analysts' estimates as customer spending climbed. Net income rose 9.3 per cent to $1.37 billion, or $1.25 a share, from $1.25 billion, or $1.09, in the same period a year earlier, the company said on Wednesday. Net revenue rose 5.6 per cent to $8.3 billion.
You’ve reached your limit of 5 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%