Currency Pains European Companies - Presented by: The Aol. On Network

The world's biggest food company is facing hard times. First quarter sales growth at Nestle slowed to 4.2 percent in local currencies. Sluggish growth in emerging markets and cold weather in North America were partly to blame, along with thrifty Europeans opting for cheaper brands. Concerns over currency movements are also growing, with the strengthening Swiss franc dragging on sales. BGC's Mike Ingram.



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