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Search resuls for: "Lazard Investment"


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A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second-largest economy, some investors say. Consumer growth bets Kirby named Yum China as one quality stock idea. He also expects Yum China could still benefit from a rebound in consumer spending in China. It's a spending category the fund manager doesn't expect will suffer from any weakness in the macro backdrop. Yum China is higher this year by more than 4%.
Persons: Ben Kirby, Kirby, Duke, It's, James Donald, Thornburg's Kirby Organizations: Thornburg Investment Management, KFC, Technology, doesn't, Lazard Investment, Lenovo Locations: China, Beijing, Botox, U.S
"I think it's a huge concern," Vikram Nidamaluri, managing director of telecom, media, and entertainment at Lazard, said during a panel at the World Satellite Business Week conference on Monday. "Having such a dominant launch provider is probably not healthy just in general for the commercial prospects of the industry," Nidamaluri added. Nidamaluri echoed concerns about a rocket launch monopoly raised by others in the space industry this year. Rocket launches are a potential bottleneck in the process of flying valuable satellites, spacecraft, and astronauts in orbit. Beyond the U.S. rocket market, SpaceX leads the world in both launches and spacecraft mass delivered to orbit each quarter.
Persons: Vikram Nidamaluri, Lazard, Elon, Nidamaluri, hasn't, Organizations: Telecom, Media, Entertainment, Lazard, SpaceX, Rocket, Falcon Locations: PARIS, China
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