{"id":61953,"date":"2018-01-24T00:41:43","date_gmt":"2018-01-24T05:41:43","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=61953"},"modified":"2018-01-24T00:41:43","modified_gmt":"2018-01-24T05:41:43","slug":"loebs-third-point-calls-for-faster-changes-at-nestle-in-letter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2018\/loebs-third-point-calls-for-faster-changes-at-nestle-in-letter.html","title":{"rendered":"Loeb&#8217;s Third Point Calls for Faster Changes at Nestle in Letter"},"content":{"rendered":"<p>\n(Bloomberg) Dan Loeb\u2019s Third Point is urging Nestle SA to buy back more of its shares and accelerate portfolio changes at the company to better align with its strategy, including renewing a call for the company to sell its stake in L\u2019Oreal. Loeb credited Mark Schneider, Nestle\u2019s chief executive, with taking several important steps in his first year at the helm, including setting more aggressive sales and margin targets and announcing a 20 billion Swiss franc share buyback. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-22\/loeb-s-third-point-calls-for-faster-changes-at-nestle-in-letter\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Dan Loeb\u2019s Third Point is urging Nestle SA to buy back more of its shares and accelerate portfolio changes at the company to better align with its strategy, including renewing a call for the company to sell its stake [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61953","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=61953"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61953\/revisions"}],"predecessor-version":[{"id":61954,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61953\/revisions\/61954"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=61953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=61953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=61953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}