India: Making Sense of the Sensex bubble

The Indian Stock Market has been on a downward draft for many months now. Sensex is the barometer of the stock market there. Sensex 1 Year Chart Today the Central Bank changed the monetary policy to contain the out-of-control inflation rate. Basically the bank raised interest rates for bank borrowings by 50 basis points to …

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Top German Chemical ADRs

Germany has some of the world’s top chemical companies. Historically Germany has been a leader in this sector. BASF AG, the world’s largest chemical giant, is based there. 1.BASF AG (BASFY) BASF operates in 5 segments: Chemicals,Plastics,Performance products,Functional solutions,Agricultural Solutions and Oil&Gas. The stock trades in the International PremierQX, the highest OTC market tier with …

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Portugal Utiltity – Energias de Portugal

Energias de Portugal is an electricity and natural gas utility in Portugal.  The stock trades on the OTC market with the ticker EDPFY. EDPFY has been for the past 52 weeks and the dividend yield is 3.54% as of June 20th stock price.The company has paid dividend since 1998. YTD the stock is down about …

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Six Foreign Utilities whose stock is down YTD

Since we are almost half-way thru 2008, I thought it would be a good idea to list a few foreign utilities which are down Year-To-Date. 1.Company: Huaneng Power International Ticker: HNP Country: China YTD Share Change(%): – 13.22% 2.Company: MetroGas Ticker: MGS Country: Argentina YTD Share Change(%): – 14.61% 3.Company: National Grid Ticker: NGG Country: …

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BASF ADR Stock Split 2008

BASF SE, the world’s largest chemical company, announced on March 4th,2008 to split its stock in the ratio of 2:1. Split Details: Company: BASF SE Ticker: BASFY Record Date: June 26,2008 Ex-Date: July 2,2008 Split Ratio – 2:1 BASFY ended at $144.45 today. Today BASF announced a new share buyback program under which shares worth …

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