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Citi expects average rates of Asia-Pacific shipping companies to rise 20% in 2024, but Red Sea disruptions won't be long-term solution for shipping sector; with new capacity coming online in next two years, rates expected to dip 14% in 2025 and 8% in 2026
Published:
May 21, 2024
by AASTOCKS (HK)
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Zacks: IFF shares hit new 52-week high of US$99.91 on May 20, rising 23% over past year compared to industry's decline of 16%; company expected to benefit from growing demand for products containing flavors and fragrances, particularly in emerging markets
Published:
May 21, 2024
by Zack's Commentary
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Zacks rates Schneider National at strong sell, noting industry conditions have been tough in trucking, but company seeing light at end of the tunnel; CFO believes cycle is closer to end than beginning, expects improving conditions as year progresses
Published:
May 21, 2024
by Zack's Commentary
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Commentary: Trends shaping cooking ingredients and meals include plant-based options, health features, premiumization and sustainability; consumer demand expected for affordable solutions, bulk offers, private label diversity and higher quality
Published:
May 21, 2024
by Euromonitor International Ltd.
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Moody's affirms Ball's Ba1 corporate family rating, and changes outlook to stable from negative
Published:
May 21, 2024
by Moody's Investors Service
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