Asian and South American yeast markets perform strongly,
offsetting weaker markets in the US, London - based Associated British Foods reports today.
Not exact matches
Helped also by higher interest rate levels after three rate hikes by the Federal Reserve, the core lending business more than
offset a
weaker quarter for its
market division.
PepsiCo Inc reported better - than - expected quarterly revenue on Thursday as double - digit growth in developing
markets offset another quarter of
weak results in its North American beverage unit.
Investors may be tempted to
offset this
weaker amplification from investment - grade bonds by substituting junk bonds, high - dividend stocks, emerging
market bonds, or other high - yield assets.