The Traderszone Network

The transaction, pitched at a rich 78 percent premium to Keurig’s Friday closing price, would be the biggest coffee acquisition by JAB, the investment vehicle of Germany’s billionaire Reimann family, as it tries to become a formidable competitor to world coffee market leader Nestle SA. For Luxembourg-based JAB, the deal for the maker of K-Cup coffee pods “is a fantastic opportunity for them to be really a global player in the coffee market. The price represents a “demanding valuation” of about 15 times Keurig’s earnings before interest, taxes, depreciation and amortization (EBITDA), he said.

The slowing world economy looks set to get a boost from stronger consumer demand next year, as low inflation boosts the real value of workers’ pay rises to a three-year high, a survey said on Tuesday. A plunge in oil prices has pushed inflation sharply lower, and means real wages are predicted to rise by an average of 2.5 percent globally in 2016, the study by human resources firm Korn Ferry Hay Group showed. Nominal wage growth of 4.9 percent across a range of 24,000 firms and organizations around the world was in line with recent years.

Yum Brands Inc Chief Financial Officer Patrick Grismer will resign effective Feb. 19, the parent of the KFC, Taco Bell and Pizza Hut restaurant brands said on Monday. News of Grismer’s planned departure …

Ben Bernanke, who chaired the U.S. Federal Reserve from 2006 to 2014 and was named a senior Pimco adviser in April, will lead the Pimco Global Advisory Board. The board also includes Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011, and Gordon Brown, the U.K. prime minister from 2007 to 2010. Pimco, a unit of Allianz SE (ALVG.DE), had about $1.47 trillion of assets under management as of Sept. 30.

While Redstone recently gave Dauman power of attorney over his advanced healthcare directive, “he is fully in charge of his own healthcare decisions,” Dauman said, speaking at the UBS Global Media and Communications Conference in New York Monday. “Contrary to what some people have suggested, no one other than Sumner Redstone is making healthcare decisions for him as it relates to his physical condition,” Dauman said.

Positive data despite clinical trial irregularities.

MNI with a report from the Shanghai Securities News
– China’s reserve requirement ratio is expected to be cut by 0.5 percentage point in December
– Foreign reserves fell sharply in November, which likely resulted in slower M2 growth
Citing Shen Lan, an economist covering China
for Standard Chartered