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Recent Articles

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Steel prices continue to climb: Cleveland-Cliffs has increased hot-rolled, cold-rolled and coated steel products by a total of US$300 over the last month; company also also just raised base price of steel plate products by $60 a ton

Goldman Sachs: Higher mortgage rates taking toll on global housing markets, with 2023 sales and prices likely to remain under pressure in most G10 economies; US home prices holding up best in correction, down 2.7% from 2022 peak, versus Canada's 15.8% dip

Evercore: Sanofi and Regeneron's Dupixent could hit US$20B in annual sales by late this decade, with label expansion to treat chronic obstructive pulmonary disease; Dupixent would be in rarefied air with blockbusters AbbVie’s Humira, Merck’s Keytruda

JPMorgan downgrades Pernod Ricard to neutral from overweight, and maintains Remy Cointreau at underweight after sounding note of caution about US sales outlook in 2023 given squeeze on real incomes through inflation, depletion of pandemic-era savings

Ball’s 2022 Combined Report shows that 66% of its packaging is made from recycled content--up 3% from 2021--and that 87% of revenue was generated from the sale of recycled and recyclable materials

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