The maker of the Haagen-Dazs, Stouffer’s and Nescafe brands said Thursday its performance had been “resilient” in a global economy where emerging-market growth has slowed and developed markets face deflationary pressures and weak consumer confidence. The company saw some higher prices for raw materials, particularly in milk products. The Vevey, Switzerland-based company reaffirmed its outlook and announced an 8 billion Swiss franc ($8.8 billion) share buyback to be completed by the end of 2015. Sales fell 4.8 percent to 42.981 billion francs ($47.279 billion) from the same period a year ago.
World Bank lowers Philippine growth forecast but still fastest in region after China | Fox Business
It has accumulated over $575 million in AUM and has added 2.6% so far in the year. WisdomTree SmallCap Earnings ETF ( EES – Free Report ) This fund targets the small cap segment of the U.S. equity market. It follows the WisdomTree SmallCap Earnings Index and holds 874 stocks. It provides a nice balance across various securities but is slightly tilted toward financials sector at 23%.
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World Bank officials said Thursday that the revision reflects the economy’s sluggish takeoff in the first quarter http://www.etftradingsignals.com of 2014 after the devastation of Typhoon Haiyan, slower government spending in the second quarter and tightening of monetary policy in the first seven months. Thursday’s projection is down from the previous 6.6 percent forecast for this year and 6.9 percent for next year. The bank says the government is on the right track, with recent data suggesting sustained high growth has begun to cause significant reductions in poverty.
The Zacks Analyst Blog Highlights: WisdomTree Earnings 500 Fund, WisdomTree MidCap Earnings ETF, WisdomTree SmallCap Earnings ETF, WisdomTree Total Earnings ETF and Reliance Steel & Aluminum – Yahoo Finance
These products have provided handsome returns over the trailing one-month period and are expected to do so, especially if the current trends persist in the months ahead. The fund has amassed $848.2 million and trades in heavy volume of 1.7 million shares per day. It charges 95 bps in fees per year and gained over 7% in the trailing one-month period. equity market from the bearish perspective. This is done by tracking the inverse performance of the S&P MidCap 400 Index.