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Yen Slumps to Over One-Month Low on Fed Hike Bets

The yen weakened to the lowest level in more than a month against the dollar on Wednesday, after stronger-than-expected U.S. inflation data raised expectations for Federal Reserve interest-rate hikes.

Yen Slumps to Over One-Month Low on Fed Hike Bets

We haven't written up this one. WSJ Economy has the full story — the link below goes straight to it.

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Darling: 3 Key Takeaways for Long-Term Investors

Accounting timing masks the fuel segment's true earnings power, but management expects deferred profits to resurface as margins normalize.

  • Darling reduced net debt by $420 million and repurchased $76 million of shares
  • Management discussed impact of hedging losses and feedstock rules on Diamond Green Diesel
  • Darling confident in global demand for feed and protein ingredients and biofuel mandates

More from Wednesday 11 November →