Wednesday, July 31, 2013

Voices and Trends in International Business-July 31,2013

Moving boxes and branded food boxes are in demand,said John Faraci,CEO of International Paper.In China,our export customers are weak.Our domestic business there is strong as the middle class expands.*What we really look for in a company is investor interest and the overall quality of the company,said Candace Browning,research director at Bank of America-Merrill Lynch.Investors jump from one theme to another fairly quickly.The current themes are 1.the move from fixed income to equities 2.Europe is coming back.So much of the innovation we produce is from immigrants.We are innovation nation,and we don't talk about it enough or look for it enough in research.*I'm raising my price target on Amazon,said CNBC analyst Jim Cramer.They're talking world domination.I swear by Amazon.I love the product;I want to own the stock.If you want to buy Spain,you have to spend some money-referring to the fact that Amazon missed its earnings estimate on rising expenses,the expense of broadening their overseas business.*Canada's Hudson's Bay Company is now buying American luxury retailer Saks,Inc for about 2.4 billion dollars.They had previously purchased upscale US department store chain Lord&Taylor.*Peugeot,the second largest automaker in Europe,reported a narrower than expected loss on cost cuts.*International Paper(IP);Amazon Inc(AMZN);Hudson's Bay Company(TSX:HUD)

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