On Tuesday, Cadbury Schweppes CSG announced a new strategy for its confectionery business, an update on the impending separation of its North American beverage business, and first-quarter results. We are placing our fair value estimate under review while we analyze the details of the new ...
Darden's Board Appoints Additional Director
On Wednesday, Cadbury Schweppes CSG reported first-half results, offered additional perspective on the chocolate recall in the United Kingdom, and reaffirmed a generally positive outlook for the second half of the year, despite a challenging commodity environment. Our fair value estimate remains ...
We've found some intriguing U.K. investment opportunities.
Simple formulas for foreign exposure lose luster.
A look back at the winners and losers of the final quarter of a tumultuous year.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
Our top managers continue to focus on higher-quality businesses rather than seeking out bargains in a market that (in many of their minds) has become fully valued.