By Horacio Marquez
Contributing Editor
Money Morning
Brazil’s economy has been given a second chance. And so have prospective investors.
Brazil will use that second chance well – shouldn’t we?
Although there are a number of ways to play this promising “BRIC” (Brazil, Russia, India and China) [...]
By Horacio Marquez
Contributing Editor
Money Morning
PepsiCo Inc. (NYSE: PEP) shares plunged 12% in a single day last Tuesday – their worst one-day showing in 26 years – after the world’s largest snack maker and No. 2 soft-drink producer announced it would slash 3,300 jobs after [...]
By Horacio Marquez
Contributing Editor
The U.S. financial-services sector is undergoing the broadest restructuring of a single industry in the history of Corporate America, and Bank of America Corp. (NYSE: BAC) has positioned itself to emerge as one of three clear frontrunners. Indeed, along with Citigroup Inc. (NYSE: C) [...]