That led to Mondelez taking a "cautious" approach to its full-year guidance today by simply reiterating its top and bottom outlooks, per Van de Put.With its stock price down slightly on the year, Mondelez used the opportunity to buy back $568 million in stock in Q1. A year ago, it repurchased $399 million in stock.Despite the better-than-expected start to the year, Mondelez still expected organic sales growth of 3% to 5% and high-single-digit-percentage adjusted EPS growth.
Inflation is likely to stay "sticky" in the near term, which will complicate future moves on interest rates, Deutsche Bank chief US economist Matthew Luzzetti said on a new episode of the. Tips on deals, mergers, activist situations, or anything else? Email brian.sozzi@yahoofinance.com. Are you a CEO and want to come on Yahoo Finance Live? Email Brian Sozzi.
Enbridge stock has barely moved in the last few years, with ongoing issues. But there are still reasons that could make it work for investors. The post 3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow appeared first on The Motley Fool Canada.3 Beaten-Down Stocks that Could Take Off in the New Bull Market
Do you have some extra cash to spare? These three discounted stocks are poised for a rebound. The post 3 Beaten-Down Stocks that Could Take Off in the New Bull Market appeared first on The Motley Fool Canada.Too wide a spread between interest rates here and in the U.S. could hurt the Canadian dollar and reignite inflationIf you're looking for growth, look for cheap stocks in the right sector. And these three Canadian stocks offer exactly that.
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