Macro
Search catalysts, news stories, and pressures, or browse the trust-weighted news feed below.
month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.07 | +0.25 | +0.25 | +0.20 | +0.20 | +0.20 | +0.15 | +0.10 | +0.05 | -0.15 | -0.10 | -0.10 |
The junk-bond collapse froze the debt-fueled retail-takeover machine; Campeau's Federated/Allied liquidity crisis and the October UAL mini-crash signaled over-leveraged retail cracking into year-end.
How this mood is scored ▾
Grand Metropolitan PLC finalized its $5.7 billion hostile takeover of The Pillsbury Co., acquiring full ownership after purchasing the remaining 2% of shares. Ian A. Martin of Grand Met assumed leadership as CEO and chairman of Pillsbury, including Burger King, with operational control shifting to Minneapolis. The acquisition consolidates Grand Met’s global food operations and signals deeper integration into the U.S. consumer and fast-food market.