Coca-Cola on Friday announced a shock deal to buy the coffee chain Costa Coffee from its parent company Whitbread in a deal valued at just shy of $5.1 billion (£3.9 billion).
Goldman Sachs
Goldman Sachs Chief Economist on the Future of Fed Rate-Hikes
Gold Silver Reports (GSR) – CNBC’s Steve Liesman reports on the Federal Reserve’s decision to raise rates by 25 basis points.
The move pushes the funds rate target to 1.75 percent to 2 percent. The rate is closely tied to consumer debt, particularly credit cards, home equity lines of credit and other adjustable-rate instruments.
Commodities has Rarely Been Stronger, According to Goldman Sachs
Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.
Goldman Sachs Sees Equity Volatility Spillover
Gold Silver Reports (GSR) – Goldman Sachs Sees Equity Volatility Spillover — Strategists led by John Marshall observed that “a large number” of S&P 500 hedges expired over the past three weeks, leaving the average investor more exposed to stock swings. Meanwhile, the Cboe Volatility Index almost doubled in the first quarter as concerns over global trade tensions and the Federal Reserve’s monetary policy stirred up market turbulence. The options gauge, known as VIX, jumped 20 percent to 23.89 as of 12:11 p.m. in New York.
Oil’s Seven Sisters Enter a ‘Golden Age’, Goldman Sachs Says
Gold Silver Reports (GSR) – The world’s largest oil companies have survived a life-changing crisis, and are now poised to reap the rewards, Goldman Sachs Group Inc. said.
Goldman Sachs Pays Women in U.K. 56% Less Than Male Colleagues
Gold Silver Reports (GSR) – Goldman Sachs Group Inc. pays women in the U.K. an average of 56 percent less than male colleagues, another stark example of the entrenched gender imbalances in the richest corners of the global economy.
Goldman Sachs Group Reiterates “€64.00” Price Target for Danone – Neal Bhai Reports
Gold Silver Reports – Goldman Sachs Group Reiterates “€64.00” Price Target for Danone – Neal Bhai Reports — Goldman Sachs Group set a €64.00 ($79.01) target price on Danone (EPA:BN) in a research report released on Tuesday, January 23rd. The firm currently has a sell rating on the stock.