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Bank Of America Upgrades Dr Pepper Snapple; Analysts Still Prefer Other Soft Drinks

2014-12-14 11:37:09| Beverages - Topix.net

Analysts at Bank of America raised their price target for Dr Pepper Snapple Group Inc. on Friday from $70 to $75, but maintained a Neutral rating. Specialist Bryan Spillane thinks Dr Pepper Snapple's valuation -- lower than those for several of its bigger competitors -- is justified, as its main contenders, The Coca-Cola Co and PepsiCo, Inc. , enjoy larger benefits derived from their scales and "more diversified business models."

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AGCO names new South America head

2014-12-13 15:51:16| Industrial Machines - Topix.net

Robert Crain , will take over responsibility for Duluth, Ga.-based AGCO's South America region from AndrA© Carioba on Jan. 1, 2015. Carioba, due to retire on Dec. 31, joined AGCO in 2006 and has been instrumental in the implementation of business strategies within South America.

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Bank of America Reiterates "Underperform" Rating for United States Steel

2014-12-12 21:00:15| Steel - Topix.net

's stock had its "underperform" rating reiterated by equities research analysts at Bank of America in a research note issued to investors on Thursday. They currently have a $29.00 price target on the stock, down from their previous price target of $32.00.

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UN: drought in Central America has pushed 2.5m people into food insecurity

2014-12-12 20:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: A drawn-out drought in Central America has pushed 2.5 million people in Honduras, Guatemala and El Salvador into food insecurity, the UN warned Friday. The drought in the three countries is turning into a creeping humanitarian crisis, Jens Laerke, spokesman for the UNs humanitarian agency, told reporters in Geneva. Subsistence farmers, farm labourers and low-income families were especially at risk, with young children and pregnant women considered the most vulnerable, he said. A full...

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Cascades announces the sale of its boxboard operations in North America

2014-12-11 16:15:43| Paper - Topix.net

Founded in 1910, it was purchased by Cascades in 1983. Jonquiere, Quebec, a mill that manufactures three-ply coated boxboard from virgin or recycled fibre.

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