Zings Of The Day July 11, 2011

Jonathan Chen , Benzinga Staff Writer

July 11, 2011 3:35pm Comments

Nestlé said this morning it had agreed to pay $1.7 billion for a 60 percent stake in Chinese confectioner, Hsu Fu Chi International. I wonder if these candies will tell me my fortune? Today's fortune: You just paid $1.7 billion for something that probably isn't worth that much.

Small-business executives are reluctant to hire amid the economic outlook, according to a survey.

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Zings Of The Day July 11, 2011

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