Despite a host of challenges facing consumer staples, Coca-Cola, Pepsi and Dr Pepper Snapple Group all buying opportunities, according to Deutsche Bank. With analysts across Wall Street cautious on the space due to new competition and pricing pressure, analyst Steve Powers argues that traditional beverages companies are up to the task. “The door has opened
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Waldo Swiegers | Bloomberg via Getty Images A worker walks past the Marikana platinum mine, operated by Lonmin Plc, in Marikana, South Africa, on Monday, Nov. 9, 2015. South Africa’s Sibanye-Stillwater has agreed to buy Lonmin, valuing the troubled platinum producer at about 285 million pounds ($382.47 million), the two companies said on Thursday. Under
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Ken Cheung, senior Asian forex strategist at Mizuho Bank Ltd in Hong Kong, also said the rise was surprising, and characterised the five basis point magnitude as “mild”. “This suggests that the PBOC’s intention to balance the risk of over-tightening amid the deleveraging process,” Cheung wrote in a note. Benchmark one-year lending and deposit rates
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Getty Images Janet Yellen, chair of the U.S. Federal Reserve, listens to a question during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, Dec. 13, 2017. Janet Yellen looked back on her year at the Federal Reserve and figured most of the boxes are checked: Accelerating
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Blue Origin, the rocket company founded by Jeff Bezos, said that on Tuesday an updated New Shepard booster launched, landed, and successfully deployed the unmanned Crew Capsule 2.0. It was the rocket company’s first launch in 14 monhts. The seventh mission for New Shepard launched midday from Blue Origin’s facility in the desert of west
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The Republican tax plan may still be in flux. But the wealthy are already taking steps to avoid some of the most costly parts of the plan and reduce their taxes. Wealth management firms and accountants to the rich are scrambling to prepare their clients for the biggest set of tax changes since 1986. While
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Your retirement plan is making someone rich — and it may not be you. Those were the findings from a recent study of small-business retirement plans. America’s Best 401k, a Scottsdale, Arizona-based firm that works with retirement plans, looked at 401(k) fee disclosures for 11 insurers and payroll companies that specialize in small businesses, generally
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