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Europe’s Cashed-Up Companies Get Comfy With Capex – U.S. News & World Report

U.S. News & World Report

Europe’s Cashed-Up Companies Get Comfy With Capex
U.S. News & World Report
Till last year, when the growth outlook for Europe was at best murky, investors were loathe to reward expansion plans and instead favored companies that paid out earnings in dividends or buybacks. However, with equity valuations now above long-term …

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