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Qiagen NV (NYSE: QGEN ) is drawing renewed investor attention after reports that several private equity firms are evaluating a potential takeover of the molecular diagnostics company. The stock surged 10.5% in the previous session on the takeover speculation, according to Pro. Private Equity Firms Circle Qiagen Bloombe
Consumer staples have been a long-term shelter for both Wall Street and Main Street. Dull, dividend-paying companies selling products households kept buying in both the good times and bad. That logic helped turn funds such as the Consumer Staples Select Sector SPDR Fund (NYSE: XLP ) and the Vanguard Consumer Staples ET
PepsiCo Inc. (NASDAQ: PEP ) said higher gasoline prices, partly driven by geopolitical tensions, weighed on consumer spending during the second quarter, particularly in convenience stores where impulse purchases slowed. During the earnings call, management said consumers continued to visit convenience stores but were l