Lip smacking organic revenue growth from Pepsi is not what is seems

Pepsi’s reported organic revenue growth has been edging ahead all year and for Q3 it was up at +7.4%. For the purveyors of the black teeth rot, this was impressive, particularly since underlying sales volumes were up by only +1% globally. A quick look at the details however provided the answer with ‘organic’ revenues up […]

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du Pont – So bad its now good!

Guidance slashed and CEO dumped. Shares bounce however on appointment of break-up artist and more layoffs.   Up until today (6 Oct 2015) the narrative of a weakening underlying performance from macro and fx headwinds (particularly around Brazil and Agriculture) was trumping the speculative aspirations of activist shareholders such as Peltz and an EPS guidance […]

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Has Mail Online discovered irony or was it just a cock-up?

Perhaps the successful Mail Online should stick to celebrity gossip as its foray into serious issues seems prone to schlock. While lacking the pithy wit of a News of the World headline, the Mail Online’s recent article on China’s alleged mistreatment of Falun Gong certainly pulled few punches with its title: “Thousands of religious prisoners […]

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Expect Yellen to chicken out again on rate rise for September

Will she or won’t she? It seems with Fed interest rate policy remaining the only game in town, strategists are stuck with trying to second guess Yellen’s next move at the forthcoming FOMC on 16-17 September. Of course we’ve been here before and we can look at all the evidence and data under the sun […]

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