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News and Analysis Reports On: (OTC:RHHBY), (Pink:NSRGY)


New York, NY -- (ReleaseWire) -- 04/22/2013 --Roche Holding Ltd. (ADR) (OTC:RHHBY) traded at $ 61.1 in the last session, which is +0.02 (0.03%). The stock has a Range of 60.70 - 61.29. The stock has a 52 week low and high of 38.63 - 62.45 respectively. The stock has a Market Cap of 210.81B. The stock traded a volume of 466,587.00. The stock has a 30 day average volume of 626,515.00.

Roche Holding AG is a Swiss pharmaceuticals and diagnostics holding company. It belongs to the Roche Group that operates through subsidiaries and associated companies around the world. It discovers, develops and provides diagnostic and therapeutic products and services from early detection and prevention of diseases to diagnosis, treatment and treatment monitoring. The Company has two divisions: Pharmaceuticals and Diagnostics.

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The Swiss group Nestle (Pink:NSRGY), the world’s leading food industry group, said sales in the first three months of the year were up by 5.4 percent to 21.9 billion Swiss francs (US$23.6 billion).

Nestle said the figures showed that the group was in line to perform as expected in 2013, but analysts polled by financial news agency AWP felt they were a disappointment, given expectations of 22.5 billion Swiss francs in sales.

“The start to the year reflects the caution we expressed in February,” Nestle chief executive Paul Bulcke was quoted as saying. Nestle said it recorded organic growth of 4.3 percent during the first quarter, missing its long-term objective of between 5 and 6 percent.

Nestle SA is a Switzerland-based holding company of the Nestle Group (the Group) and is principally engaged in the development and production of food and beverage.

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