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Analysts at Goldman Sachs have picked a number of global stocks it says are trading at a discount — and said two of its picks could rise more than 100% over the next 12 months. The analysts picked telecommunications company BT Group , giving it an estimated 130% potential upside in the next year. Goldman also gave Lloyds Bank potential upside of 78%, and said South African technology group Naspers could rise by 71% over 12 months. 'Upside risks' The stocks all appear on Goldman's list called "value buys with earnings upside potential." The bank gave Intesta Sanpaolo a 58% potential upside to its 12-month price target.
Persons: Goldman Sachs, John Sawtell, Goldman, Andrew Lee, Sanpaolo, Chris Hallam, — CNBC's Michael Bloom Organizations: Goldman, BT Group, BT, Natwest, Deutsche Bank, Lloyds Bank, Porsche Locations: African
A Qantas flight traveling from New Zealand to Sydney landed safely on a single engine after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 with 145 passengers aboard landed at Sydney Airport from Auckland, New Zealand, after a 3.5-hour flight between the neighboring nations’ most populous cities. Passengers told reporters in Sydney that they were told when they left the plane that an engine had failed. Sydney Airport said emergency crews were put on standby as a precaution, including firefighters, ambulances and police. Neil Hanford, chairman of Strategic Aviation Solutions, a Sydney-based industry consultancy, said 737s can fly quickly and land safely on a single engine.
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