SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : GNCI General Nutrition -- Ignore unavailable to you. Want to Upgrade?


To: grenouille who wrote (93)7/6/1999 10:01:00 AM
From: Roger Bodine  Read Replies (1) | Respond to of 110
 



Headlines from Reuters


07/06 06:18 RESEARCH ALERT - Goldman
upgrades Numico<NUMCc.AS>

LONDON, July 6 (Reuters) - Goldman Sachs said on Tuesday it had raised
its recommendation for shares in Dutch food group Numico NV to "trading
buy" from "market outperformer".

The investment bank said the upgrade followed news on Monday of Numico's
$2.5 billion bid for U.S. food supplement maker and retailer General Nutrition
Cos Inc <GNCI.O>.

"The transaction, if successful, could roughly double Numico's sales and is
expected to be significantly accretive to EPS in 2000 and beyond," Goldman
said in a research note.

Goldman said it was retaining its current estimates ahead of a meeting with
the company later on Tuesday.

((Silvia Aloisi, London newsroom +44 171 542 5106, fax +44 171 542 2120,
uk.equities.news@reuters.com))

COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.