Fed Governor Bowman: Inflation to remain high for some time
Fed Governor Bowman said that inflation will remain high for some time and that the Fed is willing to restart rate hikes if inflation stagnates or rebounds.
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Diageo (DEO.US) Q1 organic sales unexpectedly rose 1.4%: North America declined 3.6%, becoming a drag, while the full-year flat guidance remains unchanged.
Diageo's first-quarter organic net sales unexpectedly rose by 1.4% to $4.93 billion, with Latin America and Asia Pacific leading the growth, while North America still declined by 3.6%. The company maintains its guidance of flat performance for the full year.
Deutsche Bank raises EchoStar Communications target price to $134
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