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Recent Articles

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Exane BNP Paribas downgrades Ford to neutral, as it plans to halve production of F-150 Lightning electric pickup truck in 2024, citing changing market demand; move reflects industry trend of reducing EV investments due to slower-than-expected sales growth

Commentary: Pet food spending appears to be coming under pressure, as consumers face inflation; BNP Paribas attributes earlier-than-usual pullback on pet food to pandemic-era pet ownership boom, which put a pet in households that didn't have one before

Commentary: Analysts lower forecasts for euro's performance against dollar over stagflation fears; BofA and JPMorgan predict euro to fall to US$1.05, a level not seen since March, and BNP Paribas expects euro to further decrease to US$1.02 by end-2023

Thyssenkrupp lists its hydrogen business, Thyssenkrupp Nucera, on Frankfurt Stock Exchange, raising €526M for further growth; Saudi Arabian sovereign wealth fund PIF and a BNP Paribas fund also secure considerable share of issue as cornerstone investors

General Mills analysis: CFRA sees intense competition in premium dry dog food, shoppers trading down for private label; UBS believes Blue Buffalo offers a 'proven playbook' for other pet food segments while BNP sees refrigerated supply chain as challenge

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