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Argent in the News

Nicklaus: Grocery business braces for disruption by Amazon

(St. Louis Post Dispatch)  “The same goes for packaged-food companies such as Post. “Investors are assuming that the food manufacturers are going to be asked to give up some of the profits they’ve been enjoying,” says Scott Harrison, a senior analyst at Argent Capital Management in Clayton.” June 19, 2017 (David Nicklaus) Amazon is buying a fixer-upper, and […]

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Panera, LMI push stocks higher in first quarter

(St. Louis Business Journal)  April 21, 2017 (Greg Edwards) “The Argent St. Louis index increased 3.3 percent in the first quarter but trailed the broader market indices. LMI Aerospace was the top performer, as it agreed to be acquired by Belgium-based Sonaca Group for a 50 percent premium. Other top performers included Olin, Panera Bread Co., […]

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Why is Panera worth $7.5 billion? Because it made food a tech business

(St. Louis Post Dispatch)  “They are playing in the sweet spot in terms of trends and where the world is headed,” says Scott Harrison, an analyst at Argent Capital Management in Clayton. “They have a strong brand and have been a leader in technology and healthy eating, so that’s what made them so attractive.” April […]

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